DZH(601519)2024-10-24 08:32Revenue and Profit Performance - Revenue for the third quarter was RMB 183.39 million, a decrease of 1.14% year-over-year[2] - Net profit attributable to shareholders for the third quarter was a loss of RMB 63.40 million, compared to a profit in the same period last year[2] - Revenue for the first nine months of the year was RMB 518.26 million, a decrease of 5.42% year-over-year[2] - Net profit attributable to shareholders for the first nine months was a loss of RMB 201.16 million, a decrease of 186.97% year-over-year[2] - Total revenue for the first three quarters of 2024 was 518.26 million yuan, a decrease of 5.42% compared to 547.97 million yuan in the same period of 2023[19] - Net profit attributable to the parent company's owners for the first three quarters of 2024 was -1.85 billion yuan, compared to -1.65 billion yuan in the same period of 2023[18] - Net profit attributable to parent company shareholders was -201.16 million yuan, compared to 231.29 million yuan in the same period last year[21] - Basic earnings per share for the third quarter was a loss of RMB 0.031[2] - Basic earnings per share were -0.100 yuan, compared to 0.115 yuan in the same period last year[21] - Comprehensive income attributable to parent company shareholders was -200.74 million yuan, compared to 241.03 million yuan in the same period last year[21] Asset and Liability Changes - Total assets as of the end of the third quarter were RMB 1.98 billion, a decrease of 13.94% compared to the end of the previous year[3] - Equity attributable to shareholders as of the end of the third quarter was RMB 1.44 billion, a decrease of 15.17% compared to the end of the previous year[3] - Total assets as of Q3 2024 were 1.98 billion yuan, a decrease of 13.93% from 2.30 billion yuan at the end of 2023[17] - Total liabilities as of Q3 2024 were 543.18 million yuan, a decrease of 11.60% from 614.44 million yuan at the end of 2023[18] - The company's contract liabilities increased to 151.56 million yuan in Q3 2024, down 20.86% from 191.52 million yuan at the end of 2023[17] Cash Flow and Financial Activities - Cash flow from operating activities for the first nine months was a negative RMB 260.79 million, a decrease of 624.65% year-over-year[2] - Operating cash flow was -260.79 million yuan, a significant decrease from 49.71 million yuan in the same period last year[22] - Cash received from other operating activities was 44.95 million yuan, a sharp decline from 256.03 million yuan in the same period last year[22] - Cash paid for employee compensation was 509.22 million yuan, up from 422.54 million yuan in the same period last year[22] - Investment cash outflow was 88.81 million yuan, significantly higher than 30.43 million yuan in the same period last year[23] - Cash received from financing activities was 135.07 million yuan, up from 51.91 million yuan in the same period last year[23] - Cash and cash equivalents at the end of the period were 1.31 billion yuan, down from 1.49 billion yuan at the beginning of the period[23] Operating Costs and Expenses - Operating costs for the first three quarters of 2024 increased to 710.54 million yuan, up 9.00% from 651.86 million yuan in 2023[20] - R&D expenses for the first three quarters of 2024 were 167.50 million yuan, an increase of 9.33% compared to 153.20 million yuan in 2023[20] - The company reported an operating loss of 197.62 million yuan for the first three quarters of 2024, compared to a loss of 99.71 million yuan in the same period of 2023[20] Share Repurchase and Equity - The company repurchased 8,450,000 shares, accounting for 0.42% of the total shares, with a total payment of RMB 47,068,673[13] - Weighted average return on equity for the third quarter was -4.28%, a decrease of 25.96 percentage points year-over-year[3] Business Performance and Revenue Sources - The decrease in revenue was mainly due to a decline in overseas and insurance brokerage business[6] - Sales revenue from goods and services was 508.50 million yuan, down from 737.28 million yuan in the same period last year[22] Monetary Funds and Financial Assets - The company's monetary funds decreased to RMB 1,318,007,386.62 as of September 30, 2024, compared to RMB 1,634,708,653.55 at the end of 2023[16] - Trading financial assets increased to RMB 22,209,687.50 as of September 30, 2024, from RMB 3,594,146.26 at the end of 2023[16] - Accounts receivable decreased to RMB 75,010,711.76 as of September 30, 2024, from RMB 84,818,151.45 at the end of 2023[16] - Prepayments increased to RMB 24,057,009.22 as of September 30, 2024, from RMB 18,566,834.41 at the end of 2023[16] - Other receivables increased to RMB 21,732,971.22 as of September 30, 2024, from RMB 18,588,268.48 at the end of 2023[16] - Inventory increased to RMB 69,857.26 as of September 30, 2024, from RMB 28,187.20 at the end of 2023[16] - Other current assets increased to RMB 12,932,238.62 as of September 30, 2024, from RMB 11,225,456.69 at the end of 2023[16] - Total current assets decreased to RMB 1,474,019,862.20 as of September 30, 2024, from RMB 1,771,529,698.04 at the end of 2023[16]