元成股份(603388) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was RMB 44,469,000, a decrease of 8.13% compared to the same period last year[2]. - The net profit attributable to shareholders was a loss of RMB 17,754,708.20, compared to a loss of RMB 13,961,729.73 in the previous year[3]. - The basic earnings per share for the quarter was -0.0545, reflecting a decline from -0.0429 in the same period last year[3]. - The net profit attributable to shareholders for the year-to-date period decreased by 8,044.60%, primarily due to revenue decline and increased market competition[6]. - The company reported a net loss of ¥89,498,400.38 for the first three quarters of 2024, compared to a net profit of ¥7,477,241.53 in the same period of 2023[16]. - The net profit attributable to the parent company for Q3 2024 was -82,936,682.29 RMB, compared to a profit of 1,043,937.46 RMB in the same period last year, indicating a significant decline[17]. - The total comprehensive income for Q3 2024 was -89,498,400.38 RMB, down from 7,477,241.53 RMB in Q3 2023[17]. - Net loss for the first three quarters of 2024 was CNY 63,313,384.43, compared to a net loss of CNY 9,490,722.42 in the same period of 2023, reflecting a worsening financial position[23]. Cash Flow - The net cash flow from operating activities was a negative RMB 44,255,670.90, indicating a decrease in cash inflow due to increased difficulty in project collections[3]. - Cash inflows from operating activities for the first nine months of 2024 were 166,551,239.82 RMB, a decrease from 368,775,737.25 RMB in the same period of 2023[18]. - Cash outflows from operating activities for the first nine months of 2024 totaled 210,806,910.72 RMB, compared to 430,841,651.75 RMB in the previous year[18]. - The net cash flow from operating activities for the first nine months of 2024 was -44,255,670.90 RMB, an improvement from -62,065,914.50 RMB in the same period of 2023[18]. - The ending balance of cash and cash equivalents as of September 30, 2024, was 1,083,696.11 RMB, significantly lower than 50,760,620.50 RMB at the end of 2023[19]. - The company reported a total cash inflow from operating activities of ¥65,540,015.60 in Q3 2024, compared to ¥252,621,352.37 in Q3 2023, reflecting a decline of about 74.0%[25]. Assets and Liabilities - The total assets attributable to shareholders decreased by 21.45% to RMB 2,645,398,296.29 compared to the previous year[3]. - Non-current assets totaled ¥1,010,737,367.49 as of the end of Q3 2024, a significant decrease from ¥1,828,662,117.50 at the end of Q3 2023[13]. - Total liabilities amounted to ¥1,494,188,919.92, down from ¥1,895,602,859.22 in the previous year, indicating a reduction of 21.2%[14]. - Total assets decreased to CNY 2,732,525,087.92 in Q3 2024 from CNY 2,910,068,846.40 in Q3 2023, showing a decline in overall asset value[21]. - Total liabilities decreased to CNY 1,601,510,712.55 in Q3 2024 from CNY 1,715,741,086.60 in Q3 2023, indicating a reduction in financial obligations[21]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 14,132[8]. - The largest shareholder, Zhu Changren, holds 19.00% of the shares, amounting to 61,875,520 shares, which are pledged[8]. - The company has a total of 22,957,000 shares held by Hangzhou Beijia Investment Co., Ltd., representing 7.05% of the shares[8]. - The company has not reported any significant changes in the shareholder structure or participation in margin trading activities[10]. Operating Costs and Expenses - Total operating costs for the first three quarters of 2024 were ¥168,215,672.56, down from ¥270,204,950.76 in 2023, reflecting a reduction of 37.8%[16]. - Research and development expenses for the first three quarters of 2024 were ¥8,604,447.16, down from ¥12,363,467.44 in 2023, representing a decrease of 30.5%[16]. - Financial expenses increased to CNY 24,618,951.85 in 2024 from CNY 22,319,627.12 in 2023, primarily driven by interest expenses of CNY 29,990,617.96[23]. - Operating costs for the first three quarters of 2024 were CNY 67,272,369.76, up from CNY 186,625,701.40 in 2023, indicating a significant increase in costs despite lower revenue[23]. Government Subsidies and Impairments - The company recognized government subsidies of RMB 93,912.40 during the quarter, which are closely related to its normal business operations[4]. - The company transferred equity in a subsidiary, resulting in credit impairment losses that negatively impacted net profit[6].