Financial Performance - The company's revenue for Q3 2024 was ¥204,615,685.23, a decrease of 41.91% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥6,849,005.94, representing a decline of 122.79% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥14,011,204.08, down 161.18% from the previous year[5]. - Total operating revenue decreased to ¥565,458,812.48 from ¥701,544,798.20, representing a decline of approximately 19.4% year-over-year[18]. - Net profit for the period was a loss of ¥16,512,702.54 compared to a profit of ¥54,709,085.69 in the previous period, indicating a significant decline[18]. - The net profit attributable to shareholders of the parent company was a loss of ¥21,013,924.17, down from a profit of ¥52,038,215.91[19]. - Basic and diluted earnings per share were both reported at -0.2077, compared to 0.5102 in the previous period[19]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,172,384,834.58, an increase of 0.52% compared to the end of the previous year[5]. - Total current assets at the end of the period are ¥2,241,756,214.98, slightly increased from ¥2,241,569,787.00[16]. - Total non-current assets are ¥930,628,619.60, which is an increase from ¥914,334,185.48[16]. - Total liabilities rose to ¥468,746,189.21 from ¥384,201,420.32, an increase of about 22.1%[18]. - Total equity attributable to shareholders of the parent company decreased to ¥2,694,729,926.90 from ¥2,767,574,514.13, a decline of approximately 2.6%[18]. Cash Flow - The cash flow from operating activities for the year-to-date was a net outflow of ¥41,930,171.80, an improvement of 62.41% compared to the same period last year[5]. - The net cash flow from operating activities was -$41.93 million, an improvement from -$111.54 million in the previous period[21]. - Cash inflow from operating activities totaled ¥636,860,710.38, down from ¥827,571,533.78, reflecting a decrease of approximately 23%[20]. - The net cash flow from investment activities was -$94.77 million, compared to a positive $586.74 million in the prior period[21]. - The net cash flow from financing activities was $65.42 million, a significant recovery from -$252.41 million in the previous period[21]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 9,918[13]. - The largest shareholder, Yin Hongtao, holds 27.92% of shares, totaling 28,481,390 shares[13]. - The top ten shareholders include significant institutional investors, such as China Bank and China Construction Bank, indicating strong institutional support[14]. - The company has not reported any changes in the number of preferred shareholders or significant changes in restricted shares[15]. Expenses and Costs - The company experienced a 50.54% increase in selling expenses, totaling ¥2,548,124.36, attributed to higher salaries and related costs[11]. - Total operating costs decreased to ¥608,015,943.41 from ¥649,536,659.12, a reduction of about 6.4% year-over-year[18]. - Cash paid for purchasing goods and services was ¥561,917,028.23, compared to ¥800,916,712.07 in the previous period, a decrease of about 29.8%[20]. - The company paid $58.05 million to employees, an increase from $53.70 million year-over-year[21]. - The company reported a decrease in tax payments to $25.57 million from $36.37 million year-over-year[21]. Other Financial Metrics - The company's cash and cash equivalents decreased to ¥188,319,518.68 from ¥261,574,781.34, a decline of approximately 28%[16]. - The company's short-term borrowings increased to ¥150,325,790.64 from ¥117,086,933.54, representing an increase of approximately 28.4%[16]. - Long-term borrowings increased to ¥143,000,000.00 from ¥93,000,000.00, representing a growth of approximately 53.8%[18]. - The company reported a significant increase in prepayments, which rose by 187.64% to ¥38,661,408.08 due to increased raw material payments[10]. - The company reported a decrease in cash flow from investment activities, with a net outflow of ¥94,770,098.11, down 116.15% year-on-year due to reduced redemption of financial products[11]. Audit Status - The company’s third-quarter report was unaudited[23].
信德新材(301349) - 2024 Q3 - 季度财报(更正)