Seeyon(688369)2024-10-30 08:57Financial Performance - The company's operating revenue for Q3 2024 was ¥214,735,815.02, a decrease of 5.19% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥40,979,605.36, with a year-to-date net profit of -¥109,404,414.60, reflecting a significant decline[2]. - Total revenue for the first three quarters of 2024 was CNY 616,875,159.54, a decrease of 12.5% compared to CNY 705,315,930.69 in the same period of 2023[15]. - Net profit for the third quarter of 2024 was a loss of CNY 115,440,005.36, compared to a loss of CNY 35,250,804.77 in the same quarter of 2023, indicating a significant increase in losses[16]. - The total comprehensive income for the first three quarters of 2024 was a loss of CNY 115,440,017.11, compared to a loss of CNY 35,250,804.77 in the same period of 2023[17]. Earnings and Shares - Basic and diluted earnings per share were both -¥0.35, unchanged from the previous period[3]. - Basic and diluted earnings per share for Q3 2024 were both CNY -0.95, compared to CNY -0.36 in Q3 2023, indicating a worsening of earnings per share[17]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,648,132,383.78, down 12.84% from the end of the previous year[3]. - The company's current assets decreased to CNY 1,268,672,796.88 from CNY 1,519,241,753.50, representing a reduction of about 16.43%[12]. - The company's long-term equity investments decreased slightly to CNY 51,598,119.20 from CNY 54,384,128.53, a decline of about 5.14%[12]. - The company's total liabilities decreased to CNY 443,378,365.82 in Q3 2024 from CNY 476,528,755.89 in Q3 2023, a reduction of 6.9%[14]. - The total equity attributable to shareholders decreased to CNY 1,189,268,454.34 in Q3 2024 from CNY 1,390,856,115.34 in Q3 2023, reflecting a decline of 14.5%[14]. Cash Flow - The company experienced a net cash outflow from operating activities of ¥267,019,306.04 year-to-date[2]. - The company's cash flow from operating activities showed a significant decline, contributing to the overall net loss reported[16]. - In the first three quarters of 2024, the cash inflow from operating activities totaled ¥616,515,207.88, slightly up from ¥608,209,857.03 in the same period of 2023, representing an increase of approximately 0.5%[19]. - The net cash outflow from operating activities was ¥267,019,306.04, an improvement compared to a net outflow of ¥298,077,248.81 in the previous year, indicating a reduction of about 10.4%[19]. - The ending balance of cash and cash equivalents was ¥647,386,225.62, down from ¥862,487,875.50 at the end of the same period last year, representing a decrease of about 25%[20]. Research and Development - Research and development expenses totaled ¥50,308,212.86, a decrease of 18.06% year-on-year, representing 23.43% of operating revenue[3]. - Research and development expenses for the first three quarters of 2024 were CNY 167,861,634.76, a decrease of 6.1% from CNY 178,675,313.70 in 2023[15]. Operational Challenges - The decline in revenue was attributed to delays in government sales contracts and increased delivery cycles due to changes in contract content[7]. - The company has not disclosed any new product developments or market expansion strategies in the provided reports[10]. - There are no indications of mergers or acquisitions in the recent financial disclosures[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,080[8].