日上集团(002593) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥676,489,487.59, representing a decrease of 23.83% compared to the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥4,967,345.32, a decline of 155.12% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was a loss of ¥5,863,266.47, down 247.85% from the previous year[3]. - Total operating revenue for Q3 2024 was approximately ¥2.21 billion, a decrease of 24% compared to ¥2.91 billion in the same period last year[17]. - Net profit for Q3 2024 was approximately ¥30.26 million, a decline of 46.5% from ¥56.44 million in the previous year[18]. - The basic earnings per share for Q3 2024 was ¥0.04, down from ¥0.07 in the same period last year, indicating a decline in profitability on a per-share basis[18]. - The diluted earnings per share for the current period is 0.04, down from 0.07 in the previous period[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,516,929,621.81, a decrease of 10.52% from the end of the previous year[3]. - The company's total assets decreased to approximately ¥4.52 billion from ¥5.05 billion at the beginning of the year, indicating a reduction in asset base[16]. - Total liabilities decreased to approximately ¥2.12 billion from ¥2.64 billion, showing a significant reduction in financial obligations[16]. - The total equity attributable to shareholders decreased to approximately ¥2.38 billion from ¥2.40 billion, reflecting the impact of reduced profits on retained earnings[16]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥246,410,602.05, a slight decrease of 2.23% compared to the previous year[3]. - Cash inflow from operating activities totaled approximately ¥2.70 billion, a decrease of 15.03% from ¥3.18 billion in the previous period[20]. - Cash outflow from operating activities was approximately ¥2.46 billion, down from ¥2.93 billion in the previous period, resulting in a net cash flow from operating activities of approximately ¥246.41 million[20]. - The net cash flow from financing activities was -¥124,151,838.95, a decrease of 59.08% compared to the previous year, primarily due to reduced new bank loans[8]. - Cash inflow from financing activities was approximately ¥857.33 million, down from ¥944.88 million in the previous period[21]. - Net cash flow from financing activities was -¥124.15 million, worsening from -¥78.05 million in the previous period[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,487[9]. - The largest shareholder, Wu Ziwen, holds 35.80% of the shares, totaling 287,783,400 shares[9]. Operational Developments - The company is expanding its market presence and actively responding to investigations by the U.S. Department of Commerce regarding steel wheels produced in Vietnam[12]. - The company has established a subsidiary in Vietnam, which is currently under construction, funded by raised capital[11]. - The company is focusing on reducing the negative impact of the U.S. investigation on its operations by increasing efforts in domestic and overseas markets[13]. Other Financial Metrics - The company reported a significant increase in cash received from operating activities, amounting to ¥250,793,429.15, up 97.83% year-on-year[8]. - Research and development expenses for Q3 2024 were approximately ¥31.93 million, slightly up from ¥31.57 million in the previous year, indicating continued investment in innovation[17]. - The company reported a significant increase in credit impairment losses of approximately ¥45.62 million, compared to a loss of ¥26.71 million in the previous year, highlighting potential challenges in asset quality[18]. - The company's cash and cash equivalents decreased to ¥628,380,813.33 from ¥747,267,414.84, a decline of approximately 15.9%[14]. - Accounts receivable decreased to ¥650,591,725.12 from ¥750,137,506.89, representing a decrease of about 13.3%[14]. - Inventory decreased to ¥972,517,066.36 from ¥1,187,942,019.33, a reduction of approximately 18.1%[14]. - The fixed assets increased to ¥1,225,617,788.11 from ¥1,122,131,022.60, an increase of about 9.2%[14]. Accounting and Audit - The company has not undergone an audit for the third quarter report[22]. - The company will implement new accounting standards starting in 2024[22].