GUOFENG(SZ:000859)2024-10-30 10:38Financial Performance - The company's operating revenue for Q3 2024 was ¥598,418,851.22, an increase of 8.02% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥34,715,410.34, with a year-to-date net profit of -¥76,492,443.30[2]. - The basic earnings per share for the period was -¥0.0387, and the diluted earnings per share was also -¥0.0387[2]. - The net profit for the third quarter of 2024 was -76,492,443.30 CNY, compared to -16,369,626.83 CNY in the same period last year, indicating a significant decline in profitability[12]. - Operating profit for the quarter was -78,751,851.04 CNY, a decrease from -25,539,935.11 CNY year-over-year[12]. - The total comprehensive income for the quarter was -76,492,443.30 CNY, reflecting the same trend as the net profit[12]. - The company's basic and diluted earnings per share were both -0.0854 CNY, compared to -0.0183 CNY in the same quarter last year[12]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,076,368,982.35, reflecting a slight increase of 0.14% from the end of the previous year[2]. - The equity attributable to shareholders decreased by 2.67% to ¥2,784,624,564.41 compared to the end of the previous year[2]. - Total liabilities increased to ¥1,291,744,417.94 from ¥1,209,452,917.50, which is an increase of about 6.8%[10]. - Non-current assets totaled ¥2,857,444,583.94, up from ¥2,569,865,854.80, representing an increase of approximately 11.2%[9]. - The company's total assets reached ¥4,076,368,982.35, a marginal increase from ¥4,070,569,925.21, reflecting a growth of approximately 0.1%[10]. Cash Flow - The net cash flow from operating activities was -¥43,099,043.50, indicating a decline in sales net profit margin[4]. - Cash flow from operating activities showed a net outflow of -43,099,043.50 CNY, contrasting with a net inflow of 6,035,344.67 CNY in the previous year[14]. - Total cash and cash equivalents at the end of the period were 219,644,116.33 CNY, down from 435,939,316.42 CNY at the end of the previous year[14]. - The company reported cash inflow from operating activities of 1,615,419,853.22 CNY, slightly up from 1,612,281,400.30 CNY year-over-year[14]. - Cash outflow for investing activities was -621,884,080.95 CNY, compared to -368,358,533.46 CNY in the same period last year, indicating increased investment expenditures[14]. - The company received 240,000,000.00 CNY related to other investment activities, a significant increase from 60,000,000.00 CNY in the previous year[14]. Operating Costs and Expenses - Total operating costs for Q3 2024 were ¥1,747,318,526.09, up from ¥1,690,240,164.02 in the previous year, indicating an increase of about 3.4%[11]. - The company's net profit margin is under pressure due to rising costs, with total operating costs outpacing revenue growth[11]. - Research and development expenses for Q3 2024 were ¥63,455,066.51, slightly down from ¥64,919,989.76 in the previous year, indicating a decrease of about 2.3%[11]. - Financial expenses increased by 112.73% primarily due to reduced interest income and increased interest expenses[4]. - The company reported a significant increase in credit impairment losses of 3328.13%, attributed to increased bad debt provisions[4]. Other Income - Non-operating income for the period was ¥694,424.22, with government subsidies contributing ¥1,192,313.09[3]. Audit Status - The company has not undergone an audit for the third quarter report[15].