ST摩登(002656) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥47,696,660.63, a decrease of 17.00% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2024 was ¥48,856,970.94, an increase of 405.01% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥49,149,625.56, up 381.27% from the previous year[4] - The company's operating revenue for Q1 2024 was ¥159,359,167.69, a decrease of 25.82% compared to ¥214,816,201.88 in Q1 2023[21] - The total operating revenue for the third quarter was ¥159,359,167.69, a decrease of 26% compared to ¥214,816,201.88 in the same period last year[49] - Revenue from sales of goods and services received in Q3 2024 was 163,945,683.67 CNY, down from 216,945,222.04 CNY in Q3 2023, a decline of about 24.4%[52] - The total operating profit for Q3 2024 was -11,468,487.86 CNY, an improvement from -59,523,542.62 CNY in the previous year, indicating a reduction of approximately 80.7%[50] - The net profit for Q3 2024 was -13,079,249.05 CNY, a significant improvement from -55,165,664.95 CNY in the same period last year, representing a reduction of approximately 76.3%[50] - The total comprehensive income for Q3 2024 was -10,101,108.89 CNY, compared to -48,734,045.85 CNY in Q3 2023, indicating a decrease of about 79.3%[51] Cash Flow and Liquidity - The company's cash flow from operating activities for the year-to-date period reached ¥32,504,311.81, an increase of 82.65% compared to the same period last year[4] - The net cash flow from operating activities increased by 82.65% to ¥32,504,311.81, largely due to the recovery of litigation compensation[30] - The operating cash flow for Q3 2024 was 32,504,311.81 CNY, up from 17,796,280.23 CNY in Q3 2023, reflecting an increase of approximately 82.7%[53] - The company's cash and cash equivalents increased by 72.18% to ¥195,850,374.06, primarily due to the recovery of investment funds and litigation compensation[8] - The cash and cash equivalents at the end of Q3 2024 totaled 185,943,959.51 CNY, compared to 213,439,468.96 CNY at the end of Q3 2023, a decrease of approximately 12.9%[53] - The net cash flow from investing activities decreased by 41.66%, from ¥127,153,190.00 to ¥74,180,153.76, due to reduced returns from financial investments[31] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥525,853,715.27, a decrease of 11.87% from the end of the previous year[4] - Trade receivables decreased by 44.33% to ¥31,598,622.33, attributed to reduced revenue and recovery of overdue payments[10] - Other receivables decreased by 73.73% to ¥10,147,392.21, mainly due to the recovery of compensation from a legal dispute[11] - Fixed assets increased by 49.22% to ¥3,162,032.07, driven by new asset acquisitions during the period[13] - The company's expected liabilities decreased by 96.19% to ¥884,765.88, due to payments related to legal settlements[20] - The total liabilities decreased to ¥163,624,960.11 from ¥224,330,036.40, indicating a reduction in financial obligations[47] - The total assets decreased to ¥525,853,715.27 from ¥596,659,900.45, reflecting a reduction in overall asset base[48] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,578, with the largest shareholder holding 8.96% of the shares[32] - The first major shareholder, Guangzhou Puhuiyuan Trading Co., transferred 72% of its shares, resulting in a new shareholder, Zheng Hangsheng, holding 63,409,343 shares, which is 8.90% of the total share capital[37] - The registered capital of Puhuiyuan increased from RMB 1 million to RMB 10 million, with an additional capital contribution of RMB 9 million[37] - The first major shareholder, 恒泰证券, now holds 9.42% of the company's total shares after a forced transfer of shares[44] Operational Efficiency and Strategy - Operating costs decreased by 23.51% to ¥53,988,028.72 from ¥70,583,724.91 year-on-year[21] - The company plans to continue focusing on cost control and improving operational efficiency in the upcoming quarters[49] - The company has disclosed multiple announcements regarding the progress of corrective measures mandated by the Guangdong Securities Regulatory Bureau, with specific announcements made on various dates from May to October 2024[35][36] Impairment and Financial Adjustments - Credit impairment losses increased by 229.59%, amounting to ¥58,681,317.83, primarily due to a court ruling requiring compensation of approximately ¥89 million from a bank[25] - Asset impairment losses surged by 1747.35%, resulting in a loss of ¥14,117,561.99, attributed to significant inventory write-downs[26] - Operating income from non-operating activities fell by 95.86%, from ¥12,473,142.35 to ¥517,003.21, due to prior year adjustments related to litigation[27] - Fair value changes in profit and loss decreased by 88.22%, from ¥4,025,471.58 to ¥474,186.69, as the company opted for safer investments[24] Audit and Compliance - The company has not undergone an audit for the Q3 2024 report, which may affect the perception of financial reliability[54]