DAWEI(002213)2024-10-24 08:32Financial Performance - The company's revenue for Q3 2024 was ¥243,643,309.54, representing a decrease of 21.78% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥16,232,603.45, a decline of 637.73% year-over-year[2]. - The company reported a basic earnings per share of -¥0.0688, reflecting a decrease of 639.78% year-over-year[2]. - The net loss for the quarter was ¥26,614,456.10, an improvement from a net loss of ¥34,537,369.29 in the previous year, indicating a reduction in losses by 22.5%[15]. - The total comprehensive loss for the quarter was ¥26,437,824.32, compared to a loss of ¥32,735,606.31 in the same period last year, reflecting a decrease in comprehensive losses by 19.2%[15]. - The company reported a total profit loss of ¥26,417,295.37, an improvement from a loss of ¥31,721,304.55 in the previous year, showing a reduction in total losses by 16.5%[15]. Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥718,922,246.52, down 1.59% from the end of the previous year[2]. - The total liabilities increased from CNY 116.08 million to CNY 128.92 million, an increase of approximately 11%[12]. - The total equity attributable to shareholders decreased by 3.58% to ¥585,590,849.72 compared to the end of the previous year[2]. - The company's retained earnings decreased to ¥62,952,398.17 from ¥89,431,674.50, indicating a decline of 29.5%[13]. - The minority interest decreased to ¥4,408,981.86 from ¥7,069,479.74, a reduction of 37.5%[13]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥59,462,587.98, a decrease of 66.57% compared to the same period last year[2]. - The net cash flow from operating activities decreased by 66.57% to -59,462,587.98 RMB, primarily due to the expansion of semiconductor storage and new energy materials business, leading to increased strategic inventory[5]. - The net cash flow from investing activities decreased by 629.72% to -54,112,338.70 RMB, mainly due to increased capital investment in the lithium battery project in Chenzhou[5]. - The net cash flow from financing activities improved by 94.47% to -3,079,230.06 RMB, primarily due to the repayment of bank loans in the previous period[5]. - The ending cash and cash equivalents balance was ¥150,370,048.21, down from ¥342,641,765.27 in the previous period, a decrease of about 56%[18]. Operational Highlights - The company reported a significant increase in accounts receivable, which rose by 131.04% to ¥88,001,224.75 due to the growth in semiconductor storage business[4]. - Research and development expenses increased by 71.10% to ¥7,283,857.64, primarily due to increased investment in the Chenzhou lithium battery project[4]. - The company experienced a 234.39% increase in contract liabilities, reaching ¥19,142,986.70, attributed to an increase in advance payments received[4]. - The company completed the acquisition of 49% equity in Weishi Silicon-based New Energy Materials Technology Co., increasing its ownership to 100%[10]. - The company established a public opinion management system to enhance its operational governance[10]. Government Support and Donations - The company received government subsidies totaling ¥583,752.86 during the quarter, mainly related to financial loan interest subsidies[3]. - The company donated 1 million RMB to support disaster relief efforts in Chenzhou, Hunan Province during the reporting period[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,871[6]. - The company's major shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., transferred 40,361,915 shares (approximately 17.01% of total shares) to the actual controller, Lian Zongmin, without changing the actual control[8]. Innovation and Intellectual Property - The company obtained 1 invention patent certificate and 10 trademark registration certificates during the reporting period, indicating ongoing innovation efforts[8].