SUNYARD(600571)2024-10-30 09:37Financial Performance - The company's operating revenue for Q3 2024 was ¥502,490,001.51, representing a decrease of 6.83% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥52,599,281.91, showing a significant increase of 149.12% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥29,398,336.16, a decrease of 58.96% compared to the same period last year[2]. - The basic earnings per share for Q3 2024 was ¥0.113, an increase of 145.65% year-on-year[3]. - The net profit for Q3 2024 was -3,883,737.00 RMB, a significant decrease compared to the net profit of 45,437,458.40 RMB in Q3 2023[16]. - Operating profit for Q3 2024 was -33,465,018.62 RMB, down from 43,639,243.26 RMB in the same period last year[16]. - The total comprehensive income for Q3 2024 was -3,883,737.00 RMB, a stark contrast to 45,437,458.40 RMB in Q3 2023[17]. - Basic earnings per share for Q3 2024 was -0.013 RMB, compared to 0.117 RMB in Q3 2023[17]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,578,583,622.46, down 12.67% from the end of the previous year[3]. - Total assets decreased to CNY 1,578,583,622.46 from CNY 1,807,567,766.92, a decline of 12.7%[14]. - Total liabilities decreased to CNY 335,895,770.84 from CNY 483,181,250.42, a reduction of 30.5%[13]. - The equity attributable to shareholders decreased to CNY 1,120,226,764.48 from CNY 1,203,768,779.92, a decline of 6.9%[14]. Cash Flow - The company reported a net cash flow from operating activities of -¥436,922,654.26 for the year-to-date period[3]. - The cash flow from operating activities for Q3 2024 was -436,922,654.26 RMB, compared to -394,172,149.32 RMB in Q3 2023[19]. - Investment activities generated a net cash flow of 471,201,786.27 RMB in the first three quarters of 2024, an increase from 297,503,824.81 RMB in the same period last year[19]. - The company reported a total cash and cash equivalents balance of 80,904,568.04 RMB at the end of Q3 2024, down from 46,688,697.29 RMB at the end of Q3 2023[20]. Operational Changes - The company reported a net loss and dividend distribution, leading to a 45.31% decrease in undistributed profits[7]. - The company experienced a 792.56% increase in asset impairment losses, attributed to the recognition of impairment losses during the period[5]. - The company's operating costs increased by 30.99% due to personnel restructuring during the period[5]. - Accounts receivable increased by 102.08% primarily due to revenue recognition in the current period[7]. - Prepayments surged by 270.82%, indicating significant operational changes[7]. - Inventory rose by 47.92%, reflecting an increase in stock levels[7]. - Short-term borrowings increased by 100.00%, attributed to new bank loans taken during the period[7]. - Other payables decreased by 84.17% due to the unlocking of restricted stock[7]. - Deferred income tax liabilities fell by 86.72%, mainly due to changes in the fair value of fund stocks[7]. Research and Development - Research and development expenses decreased to CNY 194,449,656.52 in 2024 from CNY 369,741,359.96 in 2023, reflecting a reduction of 47.4%[15]. Revenue Trends - Total operating revenue for the first three quarters of 2024 was CNY 1,276,272,908.92, a decrease of 8.7% compared to CNY 1,399,014,873.55 in the same period of 2023[15]. - Total revenue from operating activities for the first three quarters of 2024 was 1,112,485,741.83 RMB, a decrease from 1,159,647,483.81 RMB in the first three quarters of 2023[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 67,192[9].