CLOUDWALK(SH:688327)2024-10-30 09:54Financial Performance - The company's operating revenue for Q3 2024 was ¥105,990,411.58, a decrease of 41.84% compared to ¥182,232,922.14 in the same period last year[3]. - The net profit attributable to shareholders for Q3 2024 was -¥152,286,172.84, compared to -¥97,077,151.56 in the previous year, indicating a significant loss[3]. - The basic earnings per share for Q3 2024 was -¥0.15, compared to -¥0.09 in the same period last year[4]. - Basic earnings per share for the reporting period are not applicable due to long-term business development and increased share-based payment expenses[9]. - Net loss for the first three quarters of 2024 was CNY 514,081,681.58, compared to a net loss of CNY 415,612,708.92 in the same period of 2023, representing an increase in loss of 23.7%[22]. - The total comprehensive loss for the first three quarters of 2024 was CNY 509,467,901.51, compared to a loss of CNY 411,559,611.89 in the same period of 2023[22]. Research and Development - Research and development expenses totaled ¥72,578,721.39 in Q3 2024, down 37.70% from ¥116,502,143.66 year-on-year[4]. - The ratio of R&D expenses to operating revenue increased to 68.48% in Q3 2024, up 4.55 percentage points from 63.93% in the same period last year[4]. - R&D investment decreased by 37.70% in the reporting period, attributed to a structural adjustment in the R&D team and reduced total salary expenses[9]. - The total R&D investment for the year-to-date is lower than the same period last year, indicating a strategic focus on key technologies and innovation projects[9]. - The company is undergoing a structural adjustment in its R&D team to enhance personnel efficiency and focus on critical projects[9]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,748,521,233.94, a decrease of 23.38% compared to the previous year[4]. - As of September 30, 2024, the company's total assets amounted to approximately ¥2.11 billion, a decrease from ¥2.75 billion as of December 31, 2023, representing a decline of about 23.4%[18]. - The company's current assets decreased to approximately ¥1.71 billion from ¥2.29 billion, reflecting a reduction of around 25.3%[18]. - The total liabilities decreased to approximately ¥1.05 billion from ¥1.34 billion, a reduction of about 21.8%[20]. - The company's equity attributable to shareholders decreased to approximately ¥1.28 billion from ¥1.62 billion, reflecting a decline of about 21.1%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥191,900,731.32, reflecting ongoing financial challenges[3]. - Cash flow from operating activities for the first three quarters of 2024 showed a net outflow of CNY 191,900,731.32, an improvement from a net outflow of CNY 272,689,170.45 in the same period of 2023[23]. - The cash received from operating activities totaled CNY 368,920,792.03, a decrease from CNY 376,602,047.03 in the same period of 2023[23]. - The net cash flow from financing activities was CNY 79.63 million in 2024, a turnaround from a negative CNY 31.53 million in 2023, showing a positive change of approximately CNY 111.16 million[24]. - The cash outflow for repaying debts was CNY 430.80 million in 2024, slightly higher than CNY 412.00 million in 2023, indicating an increase of about 4.6%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 162, with a total of 36 preferred shareholders regaining voting rights[10]. - The largest shareholder, Changzhou Cloud From Information Technology Co., Ltd., holds 205,107,480 shares, accounting for 19.78% of the total shares[10]. - The second-largest shareholder, Jiadu Technology Group Co., Ltd., holds 37,723,597 shares, representing 3.64% of the total shares[10]. - The third-largest shareholder, Ningbo Meishan Free Trade Port Area Yun Yizhong Investment Management Partnership, holds 37,359,928 shares, which is 3.60% of the total shares[10]. - The company has a total of 48,055,971 shares held by shareholders with more than 5% ownership, representing 4.63% of the total shares[13].