HYM(SZ:002529)2024-10-30 11:02Revenue and Profit - Revenue for Q3 2024 was CNY 18,874,653.71, a decrease of 80.68% compared to the same period last year, and a year-to-date revenue of CNY 122,789,385.08, down 51.74% year-on-year [2]. - Net profit attributable to shareholders for Q3 2024 was CNY 8,218,028.03, an increase of 135.13% year-on-year, while year-to-date net profit was CNY -41,967,774.36, a decrease of 30.80% year-on-year [2]. - Basic earnings per share for Q3 2024 was CNY 0.0316, up 135.11% year-on-year, while diluted earnings per share was also CNY 0.0316, reflecting the same percentage increase [2]. - The net profit for Q3 2024 was -41,967,774.36 CNY, an improvement from -60,649,113.15 CNY in Q3 2023, representing a reduction in losses of approximately 30.9% [17]. - Basic and diluted earnings per share for Q3 2024 were both -0.1614 CNY, compared to -0.2333 CNY in the same period last year, indicating a 30.8% improvement [18]. - The total profit for Q3 2024 was -42,007,808.96 CNY, compared to -64,430,658.16 CNY in Q3 2023, marking a 34.8% decrease in total losses [17]. Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 936,329,384.26, a decrease of 14.59% from the end of the previous year [2]. - Current assets totaled ¥247,490,035.86, down 33.2% from ¥370,272,992.85 at the beginning of the period [14]. - The total liabilities decreased to ¥527,714,122.41 from ¥646,636,479.08, indicating a reduction of about 18.4% [15]. - The company's total assets decreased to ¥936,329,384.26 from ¥1,096,320,377.81 at the beginning of the period, reflecting a decline of approximately 14.6% [15]. - The company's equity attributable to shareholders decreased to ¥408,615,261.85 from ¥449,683,898.73, a decline of approximately 9.1% [15]. Cash Flow - The company reported a 55.80% increase in net cash flow from operating activities year-on-year, amounting to CNY -18,322,607.10 year-to-date [6]. - Cash flow from operating activities for Q3 2024 was -18,322,607.10 CNY, a significant improvement from -41,456,350.78 CNY in Q3 2023 [19]. - The company recorded a net cash flow from investing activities of 20,153,072.74 CNY, a recovery from -25,361,100.37 CNY in Q3 2023 [20]. - The company experienced a net cash outflow from financing activities of -12,395,052.95 CNY, contrasting with a net inflow of 39,749,771.14 CNY in the same period last year [20]. - Total cash inflow from financing activities was 169,587,422.96 CNY, slightly up from 168,221,390.94 CNY in the previous year [20]. - The company reported cash and cash equivalents at the end of Q3 2024 of 18,463,210.64 CNY, down from 31,291,382.30 CNY at the end of Q3 2023 [20]. Operating Costs and Income - The company experienced a 47.42% decrease in operating costs year-on-year, correlating with the decline in revenue [6]. - Total operating costs for the third quarter were ¥191,830,092.00, down 40.5% from ¥321,462,325.79 year-over-year [16]. - The company reported a net investment income for the quarter of ¥32,381,675.61, a significant improvement compared to a loss of ¥1,953,867.57 in the previous year [16]. - Other income increased by 117.16% year-on-year, attributed to an increase in VAT deductions [7]. - Non-operating income increased by 1,227.23% year-on-year, primarily due to an increase in unpayable amounts compared to the previous year [7]. - Investment income surged by 1,757.31% year-on-year, mainly due to gains from the disposal of the subsidiary Chuzhou Saiwei Energy Technology Co., Ltd. [7]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,953 [9]. - Jiangxi Saiwei Electric Power Group Co., Ltd. holds 18.14% of shares, totaling 47,175,000 shares [9]. - The top three shareholders hold a combined total of 29.68% of shares [9]. - The company has no preferred shareholders as of the reporting period [11]. - The company has not disclosed any changes in the top ten shareholders due to margin trading activities [10]. - The company has no significant related party transactions among the top ten shareholders [10]. Legal Matters - Cumulative litigation and arbitration amount to approximately RMB 118.06 million, representing 26.25% of the company's latest audited net assets [11]. - As of October 2024, the company has new litigation and arbitration cases totaling approximately RMB 47.95 million, accounting for 10.66% of the latest audited net assets [12]. - The company is involved in three litigation cases with a total amount of approximately RMB 76.87 million, with two cases settled by withdrawal and one by mediation [11]. - The company transferred 100% equity of Chuzhou Saiwei Energy Technology Co., Ltd. for RMB 38 million, completing the transfer by August 2024 [11].