大连友谊(000679) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was CNY 491,211,141.18, representing a year-on-year increase of 17.72%[2] - The net profit attributable to shareholders for Q3 2024 was a loss of CNY 14,934,409.02, a decrease of 83.13% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 10,182,195.38, down 24.61% year-on-year[2] - The company reported a net loss of -332,741,434.06, worsening from -291,399,101.89 in the previous year[14] - The net profit for Q3 2024 was -53,831,668.06 CNY, compared to -15,419,760.94 CNY in Q3 2023, indicating a significant increase in losses[16] - Operating profit for Q3 2024 was -32,043,134.72 CNY, compared to -12,699,411.91 CNY in the same period last year, reflecting a worsening operational performance[16] - Total revenue from operating activities decreased to 347,929,992.60 CNY in Q3 2024 from 423,984,602.40 CNY in Q3 2023, a decline of approximately 17.9%[18] - The company reported a basic and diluted earnings per share of -0.12 CNY for Q3 2024, compared to -0.04 CNY in Q3 2023[17] - The total comprehensive income for Q3 2024 was -53,831,668.06 CNY, compared to -15,419,760.94 CNY in Q3 2023, reflecting a significant increase in overall losses[17] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to CNY 1,001,022,213.17, an increase of 4.67% from the end of the previous year[2] - The equity attributable to shareholders decreased by 12.45% year-on-year, totaling CNY 290,798,046.64[2] - Current assets totaled 311,743,528.88, compared to 263,783,123.82 in the previous year, marking an increase of about 18.2%[14] - Total liabilities increased to 779,639,962.54 from 681,107,408.04, reflecting a growth of approximately 14.5%[14] - Non-current assets amounted to 689,278,684.29, slightly down from 692,538,202.91, indicating a decrease of about 0.4%[14] - The total assets reached 1,001,022,213.17, up from 956,321,326.73, showing an increase of approximately 4.7%[14] Cash Flow - The net cash flow from operating activities decreased by 11,281.04% year-on-year, mainly due to increased prepayments for goods in the new retail business[6] - The cash inflow from operating activities was 347,929,992.60 CNY, down from 423,984,602.40 CNY in the previous year, showing a decrease of about 17.9%[18] - The net cash flow from operating activities for Q3 2024 was -49,192,083.80, an improvement from -432,228.30 in Q3 2023[19] - Cash outflow from operating activities totaled 397,122,076.40, down from 424,416,830.70 in the previous year, indicating a reduction of approximately 6.1%[19] - The net cash flow from investing activities was 708,872.82, a significant recovery from -3,856.93 in Q3 2023[19] - Cash inflow from financing activities reached 100,000,000.00, compared to 38,400,000.00 in the same quarter last year, marking an increase of 160.4%[19] - The net cash flow from financing activities was 60,176,233.35, up from 28,790,216.70 in Q3 2023, reflecting a growth of 109.5%[19] - The ending balance of cash and cash equivalents was 117,078,991.47, slightly up from 116,348,393.15 in Q3 2023[19] - Total cash and cash equivalents increased by 11,693,022.37 during the quarter, compared to an increase of 28,354,131.47 in the previous year[19] Operational Changes - Accounts receivable increased by 140.43% compared to the beginning of the year, primarily due to new retail business sales platform settlement periods[5] - Prepayments increased by 278.91% compared to the beginning of the year, mainly due to prepayments for new retail business[5] - Other receivables increased by 292.69% compared to the beginning of the year, attributed to increased store deposits for new retail business[5] - The company established Wuhan Yingchi New Retail Co., Ltd. with a registered capital of RMB 5 million, holding 100% ownership[10] - Wuhan Yingchi New Retail Co., Ltd. has also set up subsidiaries, including Wuhan Yingzhuo Cross-Border E-Commerce Co., Ltd. with a registered capital of RMB 10 million and Hong Kong Yingchi Trading Co., Ltd. with a registered capital of HKD 10,000[10] - The company borrowed RMB 100 million from Wuhan Credit Development Investment Management Co., Ltd. at an interest rate of 7% for one year, with guarantees from its subsidiaries[10] Legal and Tax Matters - The company is currently involved in a legal dispute regarding a share acquisition, with ongoing court proceedings that may impact future profits[9] - The company is required to pay land value-added tax of RMB 162,180,245.25 by October 4, 2023, and has applied for installment payments[11] Income and Expenses - Other income increased by 615.08% year-on-year, primarily due to increased government subsidies received[6] - Total operating costs rose to 156,522,723.70 from 137,390,137.27, indicating an increase of about 13.5% year-over-year[15] - Operating costs included 95,087,044.25 in cost of goods sold, up from 92,490,782.66, representing a rise of approximately 3.5%[15] - Financial expenses increased to 21,916,738.03 CNY in Q3 2024 from 20,624,311.68 CNY in Q3 2023, indicating rising costs[16] - The company paid 24,189,662.39 in cash to employees, down from 30,682,695.62 in Q3 2023, representing a decrease of approximately 21.5%[19] - Tax payments amounted to 9,732,510.19, a decrease from 10,876,990.83 in the same quarter last year, indicating a reduction of about 10.5%[19] - The company recorded a credit impairment loss of -701,042.90 CNY in Q3 2024, compared to a gain of 100,840.15 CNY in Q3 2023, indicating a deterioration in asset quality[16] - The company reported an asset disposal gain of 704,301.58 CNY in Q3 2024, which was not present in the previous year[16] - The company’s interest income decreased to 1,114,844.79 CNY in Q3 2024 from 1,413,841.25 CNY in Q3 2023, indicating a decline in investment returns[16]