Financial Performance - Net profit attributable to shareholders decreased by 33.64% to ¥4,081,513.71 for the first nine months of 2024, down from ¥6,150,793.15 in the same period of 2023[5] - Operating income increased by 1.21% to ¥66,314,707.36 for the first nine months of 2024, compared to ¥65,523,057.55 in the same period of 2023[5] - The company's operating profit for the first nine months of 2024 was ¥5,660,190.09, compared to ¥6,989,778.76 in 2023, a decline of about 19%[27] - The net profit for the first nine months of 2024 was ¥5,237,311.06, down from ¥6,438,833.77 in 2023, indicating a decline of about 18.6%[28] - The total comprehensive income for the first nine months of 2024 was ¥5,237,311.06, down from ¥6,438,833.77 in 2023, a decrease of approximately 18.6%[28] - Basic earnings per share for the first nine months of 2024 were ¥0.07, compared to ¥0.12 in the same period of 2023, reflecting a decrease of 41.7%[26] Cash Flow - Cash flow from operating activities increased significantly by 317.33% to ¥16,387,528.30 for the first nine months of 2024, compared to ¥3,926,731.27 in the same period of 2023[5] - Cash inflows from operating activities totaled ¥72,380,716.62 for the first nine months of 2024, down from ¥91,689,954.36 in 2023, a decrease of approximately 21%[29] - The cash flow from operating activities decreased to 54,909,187.25 from 85,907,407.61, indicating challenges in maintaining operational cash flow[32] - Cash inflow from investment activities totaled 20,029,826.54, with cash outflow for capital expenditures at 7,524,760.59, resulting in a net cash flow from investment activities of 12,505,065.95[32] - Financing activities generated a cash inflow of 92,400,000.00, while cash outflow for dividends and interest payments amounted to 20,090,248.34, leading to a net cash flow from financing activities of -20,090,248.34[32] Assets and Liabilities - Total assets decreased by 6.24% to ¥230,532,969.62 as of September 30, 2024, compared to ¥245,873,112.32 at the end of 2023[5] - The total liabilities slightly decreased from 29,644,660.41 yuan to 29,465,529.75 yuan, a decline of approximately 0.6%[19] - The total liabilities as of September 30, 2024, were ¥27,847,443.77, down from ¥28,778,404.44, indicating a decrease of approximately 3.23%[22] - The company's equity attributable to shareholders decreased from 216,228,451.91 yuan to 201,067,439.87 yuan, a drop of about 7.0%[19] - The company's total assets decreased from 245,873,112.32 yuan as of December 31, 2023, to 230,532,969.62 yuan as of September 30, 2024, representing a decline of approximately 6.2%[17] Shareholder Information - Total number of unrestricted shares is 18,576,900, accounting for 32.87% of total shares[10] - Total number of restricted shares is 37,947,100, accounting for 67.13% of total shares[11] - The top ten shareholders hold a total of 42,167,645 shares, representing 74.60% of total shares[12] - The number of common shareholders is 3,791[11] Expenses - Sales expenses rose by 49.34% to ¥6,317,301.37 due to an increase in sales personnel and related costs[7] - Research and development expenses for the first nine months of 2024 were ¥3,411,545.57, compared to ¥3,964,652.75 in the same period of 2023, a decrease of about 13.91%[24] - The company reported a credit impairment loss of ¥263,278.50 for the first nine months of 2024, compared to a gain of ¥112,459.33 in the same period of 2023[27] Other Information - The company has provided a guarantee for financing lease business with Jiangsu Financial Leasing Co., Ltd., with a maximum amount of CNY 20 million[15] - The balance of external guarantees arising from financing leases is CNY 7 million as of September 30, 2024[15] - The company has no litigation or arbitration matters during the reporting period[14] - There are no pledges or judicial freezes on shares held by shareholders[13] - The company has implemented an employee incentive plan, which has been approved by the shareholders' meeting[14] - The company implemented an equity incentive plan granting 670,000 stock options, representing 1.19% of the total share capital of 56,524,000 shares, with an exercise price of 3.60 yuan per option[16] - The company plans to extend the completion deadline for certain fundraising projects to September 30, 2025, without changing the amount or purpose of the raised funds[16] - The company reported related party transactions totaling 37,525.43 yuan during the reporting period, primarily due to electricity fee collection and rental income[16]
花溪科技(872895) - 2024 Q3 - 季度财报