COL(300364)2024-10-24 10:49Financial Performance - The company's revenue for Q3 2024 was ¥345,839,391.69, a decrease of 6.19% compared to the same period last year[1]. - The net profit attributable to shareholders was -¥38,029,039.01, representing a decline of 196.29% year-over-year[1]. - The net profit excluding non-recurring items was -¥64,152,662.96, a significant drop of 19,066.75% compared to the previous year[1]. - The total net profit for the period was -186,793,277.88, reflecting a decrease of 7,197.65% due to increased operational losses[7]. - The company reported a net profit loss of ¥186,793,277.88, compared to a net profit of ¥2,631,763.66 in the previous period, indicating a significant decline in profitability[13]. - Operating profit was recorded at -¥185,027,744.24, a decrease from -¥35,839,474.95 in the prior period, reflecting ongoing operational challenges[13]. - Total revenue from operating activities decreased to ¥933,564,091.31, down from ¥1,178,685,529.45 year-over-year, showing a decline of approximately 20.8%[14]. - The company's basic earnings per share were reported at -¥0.2577, a decline from ¥0.0033 in the previous period, indicating a challenging financial environment[13]. Assets and Liabilities - Total assets decreased by 6.91% to ¥1,709,119,149.88 from the end of the previous year[1]. - Shareholders' equity decreased by 16.42% to ¥1,040,603,627.89 compared to the end of the previous year[1]. - Current assets totaled ¥761,415,852.88, slightly up from ¥748,619,419.50, indicating a growth of approximately 1.1%[10]. - Non-current assets decreased to ¥947,703,297.00 from ¥1,087,302,241.90, reflecting a decline of about 12.9%[10]. - Total liabilities increased to ¥646,988,145.23 from ¥570,034,055.60, marking an increase of approximately 13.5%[11]. - The company's total equity decreased to ¥1,062,131,004.65 from ¥1,265,887,605.80, a decline of about 16.1%[11]. Cash Flow - The company reported a net cash flow from operating activities of -¥54,739,472.51, an increase of 17.53% year-to-date[1]. - The net cash flow from investment activities was -201,923,544.31, a decrease of 68.07% primarily due to reduced recoveries from financial product investments[7]. - The net cash flow from financing activities increased to 42,203,119.68, up 129.08% due to an increase in net bank borrowings[7]. - The company experienced a net cash outflow from operating activities of -¥54,739,472.51, an improvement from -¥66,375,896.96 in the previous period[14]. - Cash and cash equivalents at the end of the period stood at ¥114,093,234.25, down from ¥161,709,295.28 at the end of the previous period[15]. Expenses and Investments - Research and development expenses for the first nine months of 2024 were ¥37,621,668.59, down 44.38% from the same period in 2023[5]. - Research and development expenses increased to ¥67,642,471.79, up from ¥37,621,668.59, indicating a focus on innovation despite financial losses[13]. - The company reported a significant decrease in investment income, with a loss of ¥72,320,058.74 compared to a gain of ¥3,548,584.44 in the previous period[13]. - The company’s financial expenses rose to ¥7,690,987.18, compared to ¥4,276,033.94 in the prior period, reflecting increased borrowing costs[13]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 120,762[8]. - The largest shareholder, Tong Zhilei, holds 11.95% of shares, amounting to 87,201,416 shares, with 11,630,000 shares pledged[8]. Strategic Outlook - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[13].