国中水务(600187) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥39,952,244.80, a decrease of 17.72% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥3,817,989.44, down 80.00% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥8,478,879.40, a decline of 136.29% compared to the previous year[2] - The basic earnings per share for Q3 2024 was ¥0.0024, down 79.95% compared to the same period last year[4] - The diluted earnings per share for Q3 2024 was also ¥0.0024, reflecting a decrease of 79.95% year-on-year[4] - Total operating revenue for the first three quarters of 2024 was CNY 125,446,931.20, a decrease of 26.4% compared to CNY 170,429,849.45 in the same period of 2023[18] - Operating profit for the first three quarters of 2024 was CNY 25,276,291.34, down from CNY 53,121,503.70 in 2023, indicating a decline of 52.5%[18] - Net profit for the first three quarters was CNY 15,677,447.30, compared to CNY 74,637,750.88 in the previous year, representing a decrease of 78.9%[18] - The net profit attributable to the parent company's shareholders for the first three quarters of 2024 is CNY 8,997,939.76, a decrease from CNY 67,310,910.22 in the same period of 2023[19] - The total comprehensive income attributable to the parent company's owners for the first three quarters of 2024 is CNY -2,281,084.75, compared to CNY 58,609,362.32 in the previous year[19] - Basic and diluted earnings per share for the first three quarters of 2024 are both CNY 0.0056, compared to CNY 0.0417 in the same period of 2023[19] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was -¥41,767,280.64, a decrease of 174.99% year-on-year[2] - The cash flow from operating activities for the first three quarters of 2024 is CNY -41,767,280.64, a significant decline from CNY 55,695,701.50 in the same period of 2023[21] - The total cash and cash equivalents at the end of the period is CNY 217,187,926.81, down from CNY 387,743,977.89 at the end of the previous year[22] - The company's cash and cash equivalents decreased to RMB 227,459,175.39 from RMB 404,160,803.29, reflecting a reduction of about 43.7%[15] - The company's current assets totaled RMB 925,458,818.40, a decrease from RMB 1,029,900,272.36 as of December 31, 2023, representing a decline of approximately 10.1%[15] - The company's total assets at the end of the reporting period were ¥3,568,941,731.80, a decrease of 1.81% from the end of the previous year[4] - Total assets as of the end of Q3 2024 were CNY 3,568,941,731.80, slightly down from CNY 3,634,875,627.10 at the end of Q3 2023[17] - The company's non-current assets totaled CNY 2,643,482,913.40, an increase from CNY 2,604,975,354.74 year-over-year[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 120,365[9] - The company holds a 36.486% stake in Wensheng Assets, which is part of a major asset restructuring plan involving the acquisition of shares in Zhujing Wenshenghui, aiming to become the controlling shareholder of Beijing Huiyuan[12] - The company plans to acquire shares from Shanghai Yongrui, which will increase its ownership in Zhujing Wenshenghui to at least 51%[12] Liabilities and Equity - Total liabilities decreased to CNY 384,701,967.03 from CNY 450,702,734.54, a reduction of 14.6%[17] - The company's long-term equity investments increased to RMB 1,065,942,578.70 from RMB 1,021,628,028.62, reflecting an increase of about 4.3%[15] - The company reported a decrease in accounts payable from CNY 150,324,426.25 to CNY 105,214,875.13, a reduction of 30%[17] Operational Challenges - The company reported a significant decline in net profit due to investments in an associate company, Wenshenghui[7] - The company is currently under investigation by the China Securities Regulatory Commission for alleged information disclosure violations[13] - The company experienced a significant increase in cash outflow for purchasing fixed assets, which rose to CNY 51,922,799.76 from CNY 19,687,700.40 in the previous year[22] - The company reported a decrease in sales revenue from CNY 181,046,281.25 in the first three quarters of 2023 to CNY 89,238,257.09 in the same period of 2024[21] Inventory and Receivables - Accounts receivable increased to RMB 437,694,137.91 from RMB 396,976,029.55, showing an increase of approximately 10.3%[15] - The company’s inventory as of September 30, 2024, was RMB 109,341,011.90, up from RMB 104,173,338.58, indicating an increase of approximately 4.2%[15] - The company reported a significant increase in trading financial assets, rising to RMB 100,318,393.85 from RMB 82,167,152.14, an increase of approximately 22.1%[15] - The company's total non-current assets include other equity instrument investments valued at RMB 240,709,815.07, up from RMB 206,431,800.56, representing an increase of about 16.6%[15]