锋尚文化(300860) - 锋尚文化投资者关系管理信息

Financial Performance - In Q3 2024, the company achieved a revenue of 186.63 million, a decrease of 40.99% year-on-year [1] - Net profit attributable to shareholders was 1.78 million, down 96.95% year-on-year [1] - For the first three quarters of 2024, total revenue reached 380.71 million, with a year-on-year growth of 2.89% [2] - Net profit attributable to shareholders for the same period was 22.04 million, a decline of 62.42% year-on-year [2] - The company reported a net profit excluding non-recurring gains and losses of -15.61 million, a decrease of 206.60% year-on-year [2] Accounts Receivable and Debt Policy - As of September 30, 2024, accounts receivable amounted to 587 million, with a bad debt provision of 281 million, representing a provision rate of approximately 47.87% [2] - The introduction of debt resolution policies is expected to significantly improve the company's accounts receivable situation [2] Ice and Snow Economy Initiatives - The company is actively involved in the ice and snow economy, with the total scale expected to reach 1.5 trillion by 2030 [3] - The company successfully executed the opening and closing ceremonies of the 14th Winter Games, enhancing its reputation in the ice and snow industry [3] - The upcoming 9th Asian Winter Games in Harbin is expected to attract participation from 34 national Olympic committees, marking the highest registration in history [3] Major Projects and Events - The company is preparing for two major events: the 12th National Minority Games in Sanya on November 22, 2024, with a project budget of 104 million, and the 9th Asian Winter Games in February 2025, with a budget of 88 million [3] - As of September 30, 2024, the company has a backlog of orders totaling 554 million [3] C-end Projects - The company launched the "Tian Shi 632 Art Space" project in Shanghai, which received the "Bai Yu Lan Zhen Xuan" brand title for its innovative concept and service quality [4] - The "Xianghu·Yayun" project in Hangzhou, which retains the essence of the Asian Games, has successfully completed its first performance on June 30, 2024 [4] - The "Hai Shang You Qing Dao" project in Qingdao attracted 109,860 attendees during its performances, becoming the top-ranked project in national group purchases [4]