Sinoma-ec/SEC(SH:603126)2024-10-30 11:58Financial Performance - The company's operating revenue for Q3 2024 was ¥413,387,559.68, a decrease of 44.56% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥6,094,964.58, representing a decline of 153.55% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥7,865,920.70, a decrease of 255.78% compared to the same period last year[2] - The net cash flow from operating activities for Q3 2024 was -¥52,206,118.16, a decline of 150.84% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 1,488,805,967.58, a decrease of 32.6% compared to CNY 2,210,614,770.00 in the same period of 2023[15] - Net profit for the third quarter of 2024 was CNY 35,110,736.15, a decline of 72.8% from CNY 129,001,426.71 in the same quarter of 2023[17] - The company reported a significant increase in investment income to CNY 35,460,471.34 in Q3 2024, compared to CNY 24,822,454.62 in Q3 2023, marking an increase of 42.5%[17] - Other comprehensive income for the third quarter of 2024 was CNY -24,001,250.85, compared to CNY -36,599,722.87 in the same quarter of 2023, showing an improvement[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,134,069,039.06, down 5.50% from the end of the previous year[3] - The total assets of the company as of September 30, 2024, are ¥5,134,069,039.06, compared to ¥5,432,830,245.83 at the end of 2023[12] - The company's total liabilities decreased to CNY 2,647,140,969.60 in Q3 2024 from CNY 2,894,582,751.17 in Q3 2023, representing a reduction of 8.5%[14] - The total equity attributable to shareholders was CNY 2,072,356,103.81, down from CNY 2,106,194,366.47, indicating a decrease of 1.6%[14] Shareholder Information - As of September 30, 2024, the total number of common shareholders is 49,279, with the largest shareholder, China National Materials Group Corporation, holding 50.66% of shares[9] - The equity attributable to shareholders at the end of the reporting period was ¥2,072,356,103.81, a decrease of 1.61% compared to the end of the previous year[3] Cash Flow - The cash and cash equivalents decreased to ¥714,727,714.25 from ¥1,242,133,954.31, indicating a significant reduction in liquidity[11] - The net cash flow from operating activities was -CNY 430,171,320.61, worsening from -CNY 263,514,060.03 in the previous year[20] - The cash inflow from investment activities was CNY 21,320,786.09, significantly lower than CNY 48,569,279.43 in the same period last year[20] - The net cash flow from financing activities was -CNY 40,808,887.68, compared to a positive CNY 61,102,972.46 in the previous year[21] - The total cash and cash equivalents at the end of the period were CNY 587,984,270.29, down from CNY 631,077,679.16 at the end of the same period in 2023[21] Operational Metrics - The basic earnings per share for Q3 2024 was -¥0.0100, a decrease of 153.76% year-on-year[2] - The diluted earnings per share for Q3 2024 was also -¥0.0100, reflecting the same percentage decline as basic earnings per share[2] - The weighted average return on equity was -0.31%, a decrease of 0.77 percentage points compared to the same period last year[2] - Research and development expenses for the first three quarters of 2024 were CNY 88,628,145.12, a decrease of 15.7% compared to CNY 105,028,639.97 in the same period of 2023[15] Other Information - The company reported non-recurring gains of ¥1,770,956.12 for the current period, with significant contributions from government subsidies and asset disposals[4] - The company has not reported any changes in the participation of major shareholders in margin trading or securities lending[10] - There are no significant reminders or additional important information regarding the company's operational performance during the reporting period[11] - The company did not apply new accounting standards for the current reporting period[22]