Joyware(300270)2024-10-25 09:06Financial Performance - The company's revenue for Q3 2024 reached ¥40,930,876.03, a 57.95% increase compared to ¥25,913,001.14 in the same period last year[1] - Net profit attributable to shareholders was a loss of ¥11,758,475.19, an improvement of 59.57% from a loss of ¥29,080,750.93 year-on-year[1] - Basic and diluted earnings per share improved to -¥0.04, a 55.56% increase from -¥0.09 in the same period last year[1] - The net profit for Q3 2024 was -51,877,604.05 CNY, compared to -59,781,752.22 CNY in Q3 2023, showing an improvement of approximately 13.5%[18] - Total operating revenue for Q3 2024 was 244,588,523.89 CNY, up from 185,777,058.90 CNY in Q3 2023, representing an increase of about 31.6%[21] - The total comprehensive income for Q3 2024 was -51,873,181.18 CNY, compared to -59,790,206.68 CNY in Q3 2023, reflecting an improvement of about 13.5%[19] Cash Flow and Assets - The net cash flow from operating activities increased by 125.99%, amounting to ¥15,311,509.49 compared to a negative cash flow in the previous year[1] - The company experienced a cash inflow from operating activities of 244,588,523.89 CNY, while cash outflow was 229,277,014.40 CNY, resulting in a net cash inflow of 15,311,509.49 CNY[21] - Cash and cash equivalents at the end of the period were CNY 113,080,617.42, down from CNY 125,647,137.01, a decrease of about 10.0%[16] - Total current assets decreased to CNY 548,918,166.69 from CNY 631,577,855.95, reflecting a decline of approximately 13.1%[16] - The cash flow from investing activities showed a net outflow of -4,094,632.33 CNY, a decline from a net inflow of 38,805,605.66 CNY in the previous year[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,317[7] - The largest shareholder, Beijing Haihou Tai Capital Management Co., Ltd., holds 19.01% of shares, totaling 57,562,394 shares[7] - The second-largest shareholder, Shi Xugang, holds 18.63% of shares, totaling 56,406,174 shares, with 45,319,780 shares pledged[7] - The company has not disclosed any relationships or concerted actions among the top ten shareholders[8] - The top ten shareholders include both natural persons and institutional investors, indicating a diverse ownership structure[8] Liabilities and Expenses - Total liabilities decreased to CNY 256,503,025.37 from CNY 308,434,294.92, a reduction of about 16.9%[17] - The company’s financial expenses increased by 55.69% due to reduced interest income[6] - The company’s interest expenses increased to 560,656.70 CNY from 274,053.93 CNY, marking an increase of approximately 104.5%[18] Other Financial Metrics - The company reported a significant increase in other income, which rose by 1014.68% year-on-year due to software tax refunds and increased government subsidies[6] - The company reported a decrease in investment income to 82,166.67 CNY from 591,513.30 CNY year-over-year, indicating a decline of approximately 86.1%[19] - The company reported a net loss of CNY 193,074,693.15, compared to a loss of CNY 142,707,056.04 in the previous period[17] Share Issuance and Control Changes - The company plans to issue up to 90,841,800 shares to Xinxiang Industry Fund No. 1, which will change the control of the company[11] - The voting rights of 42,392,844 shares held by Shi Xugang have been entrusted to Xinxiang Industry Fund No. 1[11] - Shi Xugang's restricted shares will be released at a rate of 25% annually based on the number of shares held at the end of the previous year[9] Property and Repayment Agreements - The company has not yet sold six idle properties that were approved for disposal by the board on October 27, 2020[14] - The company signed a repayment agreement with the Housing and Urban-Rural Development Bureau of Yuquan District, agreeing to repay 77.628826 million yuan by November 20, 2025[15] - As of the announcement date, the company has received 19.51 million yuan in repayments[15] Audit Status - The Q3 2024 report has not been audited, which may impact the reliability of the financial data presented[22]