KENGIC(SH:688455)2024-10-30 11:14Financial Performance - The company's operating revenue for Q3 2024 was ¥177,152,628.07, representing a year-on-year increase of 56.35%[1] - The net profit attributable to shareholders for Q3 2024 was -¥13,863,248.75, with a year-to-date net profit of -¥56,262,248.17[1] - Total operating revenue for the first three quarters of 2024 reached ¥658,238,730.76, a significant increase of 40.4% compared to ¥468,956,599.82 in the same period of 2023[16] - Net loss attributable to shareholders of the parent company for Q3 2024 was ¥56,262,248.17, compared to a net loss of ¥58,400,970.58 in Q3 2023, indicating a slight improvement[17] - The basic and diluted earnings per share for Q3 2024 were both -¥0.08, with no applicable year-on-year comparison due to losses[1] - The company's basic and diluted earnings per share was CNY -0.32, consistent with the previous year's performance[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,707,581,242.27, reflecting a 2.59% increase compared to the end of the previous year[2] - The total assets as of Q3 2024 amounted to ¥2,707,581,242.27, an increase from ¥2,639,278,554.53 in the previous quarter[15] - Total liabilities increased to ¥1,648,963,130.42 in Q3 2024, compared to ¥1,420,765,964.11 in Q3 2023, reflecting a growth of 16.1%[15] - The company's equity attributable to shareholders decreased by 13.12% year-on-year, amounting to ¥1,058,618,111.85 at the end of the reporting period[2] - The total equity attributable to shareholders of the parent company decreased to ¥1,058,618,111.85 in Q3 2024 from ¥1,218,512,590.42 in Q3 2023, a decline of 13.1%[15] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥175,697,662.05, indicating increased payments to suppliers due to a higher volume of orders[1][7] - In the first three quarters of 2024, the company generated cash inflows from operating activities totaling CNY 1,128,133,228.88, a decrease of 3.5% compared to CNY 1,169,721,651.34 in the same period of 2023[19] - The net cash outflow from operating activities was CNY -175,697,662.05, worsening from CNY -80,989,311.19 in the previous year[20] - The company's cash and cash equivalents decreased from ¥516,347,444.09 at the end of 2023 to ¥295,675,567.39 as of September 30, 2024, a decline of approximately 42.6%[12] - The company's cash and cash equivalents at the end of the period stood at CNY 222,028,040.31, down from CNY 289,686,495.70 at the end of the previous year[20] Research and Development - Research and development expenses totaled ¥19,964,633.08 for the quarter, accounting for 11.27% of operating revenue, a decrease of 4.76 percentage points year-on-year[2] - Research and development expenses for the first three quarters of 2024 were ¥69,504,575.66, up 29.4% from ¥53,737,936.58 in the same period of 2023[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,671[8] - The largest shareholder, Qingdao Yijie Technology Equipment Co., Ltd., holds 31,000,000 shares, accounting for 17.14% of total shares[8] - The company has no significant changes in the participation of major shareholders in margin trading or securities lending[11] - The company’s actual controller is Long Jinjun, who is also the controlling shareholder of Qingdao Yijie Technology Equipment Co., Ltd.[11] Operational Insights - The company reported a significant increase in overall order volume in 2023 compared to 2022, contributing to the revenue growth[5] - There are no significant reminders for investors regarding the company's operational situation during the reporting period[12] - The company reported a decrease in tax expenses, with tax fees of ¥21,251,728.44 in Q3 2024 compared to ¥17,980,029.74 in Q3 2023[17]