HXCX(300300)2024-10-25 10:43Revenue and Profitability - Revenue for Q3 2024 reached ¥18,912,871.23, an increase of 9.74% year-over-year, while total revenue for the year-to-date was ¥87,887,194.58, up 7.85% compared to the same period last year[2] - Net profit attributable to shareholders was -¥23,773,503.92, a decline of 45.39% year-over-year, with a year-to-date net profit of -¥52,037,861.50, down 55.96% compared to the previous year[2] - Operating income for the third quarter of 2024 was 3,519,644.56, an increase of 61.71% compared to 2,176,577.09 in the same period last year[7] - The net loss for the current period was ¥52,092,947.63, compared to a net loss of ¥118,286,985.02 in the previous period, indicating an improvement[16] - Basic and diluted earnings per share for the current period were both -¥0.08, an improvement from -¥0.18 in the previous period[17] - The total comprehensive income for the current period was -¥51,247,163.52, compared to -¥118,501,617.17 in the previous period, showing a significant reduction in losses[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,166,740.51, a significant decrease of 91.64% compared to the same period last year[2] - Net cash flow from operating activities decreased significantly by 91.64%, from 13,948,078.66 to 1,166,740.51, primarily due to a reduction in sales receipts[7] - Total cash inflow from operating activities is ¥145,041,209.60, down 22.19% from ¥186,456,885.51 in the previous period[18] - Cash outflow from operating activities is ¥143,874,469.09, a decrease of 16.59% compared to ¥172,508,806.85 in the previous period[18] - The net cash flow from investing activities is ¥2,134,712.82, an increase of 102.92% from ¥1,051,530.54 in the previous period[19] - Cash inflow from financing activities is ¥206,760,000.00, a decrease of 67.00% compared to ¥626,345,000.00 in the previous period[19] - The ending balance of cash and cash equivalents is ¥3,702,139.05, a significant decrease from ¥37,476,875.84 in the previous period[19] Assets and Liabilities - Total assets as of September 30, 2024, were ¥1,136,539,752.49, a decrease of 6.17% from the end of the previous year[2] - Current assets totaled CNY 364,421,986.67, down from CNY 398,606,923.36, indicating a decrease of about 8.6%[12] - The company's cash and cash equivalents decreased significantly from CNY 33,167,984.04 to CNY 12,410,146.61, a reduction of approximately 62.6%[12] - Total liabilities decreased from CNY 1,022,242,574.94 to CNY 996,123,228.32, a reduction of about 2.6%[13] - The company's equity attributable to shareholders decreased from CNY 188,460,248.14 to CNY 136,803,914.73, reflecting a decline of approximately 27.5%[14] Expenses - Financial expenses increased by 78.59% to ¥42,523,536.36, primarily due to higher loan interest expenses[6] - The company recorded a decrease in sales expenses by 47.17% to ¥3,794,020.07, mainly due to reduced repair and promotional costs[6] - Total operating costs amounted to ¥167,788,196.42, up from ¥152,857,194.28, reflecting a year-over-year increase of 9.7%[15] - The financial expenses for the current period were ¥42,523,536.36, a notable increase from ¥23,810,053.65 in the previous period, primarily due to interest expenses[15] Shareholder Information - The total number of common shareholders at the end of the reporting period was 23,318, with no preferred shareholders having restored voting rights[8] - The largest shareholder, Pingtan Innovation Equity Investment Partnership, holds 16.00% of the shares, totaling 106,689,174 shares, with 34,628,989 shares pledged[8] - The second-largest shareholder, Wu Yan, owns 9.83% of the shares, totaling 65,574,821 shares, with 47,096,013 shares frozen[8] - The company reported a total of 98,700 restricted shares at the beginning of the period, with 56,250 shares released during the period[10] Significant Events - The company announced significant events, including the resignation of the vice president and the receipt of an administrative penalty decision[11] - The company is exploring opportunities to reduce its stake in associated companies[11] - The company is involved in ongoing litigation matters, as disclosed in recent announcements[11]