江苏北人(688218) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥58,583,211.64, a decrease of 55.24% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥10,371,403.45, representing a decline of 257.04% year-over-year[2] - The net cash flow from operating activities for Q3 2024 was -¥19,225,395.13, a decrease of 186.11% compared to the previous year[2] - The basic earnings per share for Q3 2024 was -¥0.09, a decrease of 250.00% compared to the same period last year[3] - The diluted earnings per share for Q3 2024 was also -¥0.09, reflecting a decline of 250.00% year-over-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥12,393,455.58, a decrease of 348.91% compared to the same period last year[2] - The weighted average return on equity for Q3 2024 was -1.13%, a decrease of 1.88 percentage points year-over-year[3] - Total operating revenue for the first three quarters of 2024 was CNY 345,997,199.76, a decrease of 34.5% compared to CNY 528,657,399.28 in the same period of 2023[14] - Net profit for the third quarter of 2024 was CNY 3,892,007.01, a significant decline from CNY 38,094,579.85 in the same quarter of 2023, representing a decrease of 89.8%[16] Research and Development - Research and development expenses totaled ¥9,367,369.97 in Q3 2024, accounting for 15.99% of operating revenue, an increase of 9.51 percentage points year-over-year[3] - Research and development expenses for the third quarter of 2024 were CNY 28,059,798.93, slightly down from CNY 28,323,185.44 in the same period of 2023[16] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,878,069,094.97, a slight increase of 0.47% from the end of the previous year[3] - The company's total assets increased to CNY 1,878,069,094.97 in Q3 2024, compared to CNY 1,869,214,737.82 in Q3 2023, showing a growth of 0.5%[13] - The total liabilities of the company were CNY 962,642,882.88 in Q3 2024, up from CNY 920,554,736.64 in Q3 2023, indicating an increase of 4.8%[13] - The company's long-term borrowings increased to CNY 158,819,806.95 in Q3 2024, compared to CNY 39,000,000.00 in Q3 2023, indicating a significant rise[13] Cash Flow - The company's cash flow from operating activities for the first three quarters of 2024 showed a significant decline compared to the previous year, impacting liquidity[18] - The net cash flow from operating activities was -CNY 97,588,478.34, worsening from -CNY 76,373,456.80 year-over-year[19] - The cash inflow from operating activities was CNY 447,601,222.17, a decrease of 12.99% compared to CNY 514,672,149.52 in the same period of 2023[19] - The cash inflow from investment activities totaled CNY 888,300,080.69, an increase of 13.21% from CNY 784,763,157.05 in the previous year[20] - The net cash flow from investment activities was CNY 67,373,969.06, down from CNY 92,118,409.18 in the same period last year[20] - The cash inflow from financing activities was CNY 176,094,865.44, compared to CNY 157,894,861.75 in the previous year, reflecting a growth of 11.38%[20] - The net cash flow from financing activities was -CNY 5,984,602.04, a decline from CNY 29,913,932.77 year-over-year[20] Shareholder Information - The company has repurchased 2,126,387 shares through its dedicated repurchase account, indicating a commitment to shareholder value[8] - The company has not reported any significant changes in the top 10 shareholders or their shareholding status compared to the previous period[9] Strategic Focus - The company attributed the decline in revenue to a reduction in domestic orders and longer delivery cycles for overseas orders[5] - The company is focusing on expanding its market presence and developing new technologies, although specific details were not disclosed in the report[10] - No significant new strategies or mergers and acquisitions were mentioned in the current report, indicating a stable operational approach for the upcoming quarters[10] - The company aims to enhance market expansion and product development strategies in the upcoming quarters to improve financial performance[16] Current Assets - As of September 30, 2024, the company's current assets totaled CNY 1,397,202,622.80, slightly up from CNY 1,390,611,492.52 at the end of 2023, indicating a growth of approximately 0.5%[11] - The company's cash and cash equivalents decreased to CNY 198,233,185.09 from CNY 257,123,206.43, representing a decline of about 22.9%[11] - Inventory levels increased significantly to CNY 740,769,916.71 from CNY 494,749,913.13, marking a rise of approximately 49.8%[11] - Accounts receivable decreased to CNY 175,310,116.50 from CNY 253,030,633.18, reflecting a reduction of about 30.7%[11] - The company's long-term equity investments rose to CNY 26,544,171.33 from CNY 16,407,420.43, showing an increase of approximately 62.0%[11]