关于《深圳证券交易所对摩登大道时尚集团股份有限公司 财务报表项目问询意见的专项说明 深圳证券交易所上市公司管理部： 广东司农会计师事务所（特殊普通合伙）（以下简称"我们"）接受委托， 审计了摩登大道时尚集团股份有限公司（以下简称"摩登大道"或"公司"） 司农审字202525000800047号的保留意见审计报告。 按照企业会计准则的规定编制财务报表是公司管理层的责任。我们对摩登 大道2024年度的财务报表执行审计程序的目的，是对摩登大道的财务报表是否 在所有重大方面按照企业会计准则的规定编制，是否公允反映了摩登大道2024 年12月31日的合并及公司财务状况以及2024年度的合并及公司经营成果和现金 流量发表审计意见，不是对上述财务报表中的个别项目的金额或个别附注单独 发表意见。 根据深圳证券交易所上市公司管理部（以下简称"贵部"）出具的《关于 对摩登大道时尚集团股份有限公司2024年年报的问询函》（公司部年报问询函 【2025】第152号）（以下简称"问询函"），其中第一至第七项涉及与财务报 表项目相关的问题，我们阅读了公司对相关问题的回复，并就相关问题进行了 仔细核查，现在逐项做出说明，具体如下： 【问题 ...

Company Overview - ST Modern closed at 2.24 yuan, up 2.28%, with a latest price-to-book ratio of 4.42 and a total market capitalization of 1.596 billion yuan [1] - As of September 30, 2024, ST Modern had 10,578 shareholders, an increase of 1,659 from the previous count, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] - The company specializes in the research, design, outsourcing production, brand promotion, and terminal sales of its own brand CANUDILO high-end menswear, as well as agency business for international clothing brands [1] Financial Performance - For the third quarter of 2024, ST Modern reported operating revenue of 159 million yuan, a year-on-year decrease of 25.82% [1] - The net profit for the same period was -13,064,654.66 yuan, representing a year-on-year decline of 76.31% [1] - The sales gross margin stood at 66.12% [1] Industry Comparison - ST Modern's price-to-earnings (P/E) ratio (TTM) is -33.98, while the industry average is 46.80 [2] - The company's price-to-book ratio of 4.42 is higher than the industry median of 1.76 [2] - The total market capitalization of ST Modern is 1.596 billion yuan, compared to the industry average of 54.98 billion yuan [2]