Breo(688793)2024-10-29 11:38Financial Performance - The company's operating revenue for Q3 2024 was ¥233,033,639.44, representing a decrease of 31.92% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥13,034,130.64, a decline of 244.58% year-on-year[2]. - The net profit for Q3 2024 was ¥13,099,848.25, compared to a net loss of ¥15,706,198.90 in Q3 2023, indicating a significant improvement[19]. - The total comprehensive income for Q3 2024 was ¥13,262,752.71, while in Q3 2023, it was a loss of ¥16,047,062.92[19]. - The basic earnings per share for Q3 2024 was ¥0.16, recovering from a loss of ¥0.19 in Q3 2023[20]. - Total operating revenue for the first three quarters of 2024 was CNY 836,558,695.18, a decrease of 11.2% compared to CNY 941,688,105.59 in the same period of 2023[15]. - The company reported a net profit of CNY 13,336,063.39, recovering from a net loss of CNY 12,173,891.46 in the same period last year[17]. - The total profit for Q3 2024 was CNY 1,006,624.40, a significant decrease from CNY 28,954,369.54 in Q3 2023[26]. - The net profit for Q3 2024 was CNY 878,512.50, compared to a net loss of CNY 28,206,533.89 in Q3 2023[26]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥19,484,658.69, down 76.12% compared to the same period last year[2]. - Cash inflow from operating activities for the first three quarters of 2024 was ¥992,643,672.21, down from ¥1,089,465,203.93 in the same period of 2023[20]. - The net cash flow from operating activities for Q3 2024 was ¥19,484,658.69, a decrease from ¥81,597,730.15 in Q3 2023[20]. - The ending cash and cash equivalents balance as of September 30, 2024, was ¥188,642,056.30, down from ¥220,001,766.30 at the end of Q3 2023[21]. - Cash flow from operating activities for the first nine months of 2024 was CNY -75,097,759.72, down from CNY 53,310,090.43 in the same period of 2023[27]. - Cash and cash equivalents at the end of Q3 2024 were CNY 133,642,203.18, down from CNY 198,159,653.43 at the end of Q3 2023[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥734,605,485.55, a decrease of 1.87% from the end of the previous year[3]. - Total assets decreased to CNY 734,605,485.55 from CNY 748,586,451.43, a decline of 1.9%[15]. - Current liabilities rose to CNY 338,505,550.55, compared to CNY 312,798,925.40, an increase of 8.2%[15]. - Non-current liabilities totaled CNY 17,559,311.27, down from CNY 30,914,923.79, a decrease of 43.1%[15]. - The company's total equity decreased to CNY 482,213,451.38 as of September 30, 2024, from CNY 520,697,478.79 at the end of 2023, a decline of 7.4%[24]. - Total liabilities increased to CNY 414,498,997.08 as of September 30, 2024, compared to CNY 373,455,738.72 at the end of 2023, an increase of 11.0%[23]. Research and Development - The R&D investment totaled ¥15,767,585.82, accounting for 6.77% of operating revenue, an increase of 2.66 percentage points from the previous year[3]. - Research and development expenses increased to CNY 46,625,021.73, up from CNY 40,544,367.67, indicating a growth of 15.7%[17]. - Research and development expenses increased to CNY 41,369,609.69 in 2024 from CNY 31,499,809.36 in 2023, reflecting a growth of 31.4%[25]. Shareholder Information - The company reported a total of 10 ordinary shareholders at the end of the reporting period, with the largest shareholder holding 40.48% of the shares[8]. - The top shareholder, Ma Xuejun, holds 34,787,860 shares, representing a significant portion of the company's equity[11]. - There are no significant changes in the relationships among the top shareholders, indicating stable ownership structure[11]. - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities[12]. Government Support and Future Outlook - The company received government subsidies amounting to ¥1,006,798.02 during the reporting period[4]. - Future outlook includes continued investment in new product development and market expansion strategies to enhance revenue growth[15]. - The company is focused on expanding its market presence and developing new products and technologies, although specific details were not disclosed in the report[11].