ISS(600756)2024-10-30 10:31Financial Performance - The company's operating revenue for Q3 2024 was approximately ¥1,033.30 million, representing a year-on-year increase of 13.91%[2]. - The net profit attributable to shareholders was approximately -¥94.74 million, with a basic earnings per share of -¥0.29[2][3]. - Total operating revenue for the first three quarters of 2024 was CNY 1,033,295,551.88, a decrease of 23.7% compared to CNY 1,354,181,186.25 in the same period of 2023[15]. - The company reported a net loss for the first three quarters of 2024, with total operating income not covering total operating costs[15]. - In the third quarter of 2024, the net profit of Inspur Software Co., Ltd. was -96,620,476.67 RMB, compared to -17,001,684.77 RMB in the same period last year, indicating a significant increase in losses[19]. - The total operating revenue for the first three quarters of 2024 was 808,536,868.39 RMB, down from 1,105,712,277.45 RMB in the same period of 2023, representing a decrease of approximately 26.8%[20]. - The total comprehensive income attributable to the parent company's owners for the third quarter of 2024 was -94,738,685.23 RMB, compared to -16,397,054.66 RMB in the previous year[19]. - The total operating profit for the third quarter of 2024 was -98,834,035.50 RMB, compared to -14,992,342.00 RMB in the previous year, indicating a worsening operational performance[19]. Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was approximately -¥541.64 million, primarily due to a decrease in sales receipts[6]. - Cash and cash equivalents decreased to CNY 483,498,596.17 as of September 30, 2024, from CNY 965,242,577.24 at the end of 2023, representing a decline of 50.1%[12]. - The cash and cash equivalents at the end of the third quarter of 2024 were 327,358,122.16 RMB, down from 592,413,583.24 RMB at the end of the same period last year, a decrease of approximately 44.7%[21]. - Total assets at the end of the reporting period were approximately ¥4,139.93 million, a decrease of 6.98% compared to the end of the previous year[3]. - Total assets decreased to CNY 4,139,927,930.60 from CNY 4,450,721,733.83, a decline of 7.0%[13]. - Total liabilities decreased to CNY 1,910,914,809.50 from CNY 2,123,496,489.47, reflecting a reduction of 9.9%[14]. - Shareholders' equity decreased to CNY 2,229,013,121.10 from CNY 2,327,225,244.36, a decrease of 4.2%[14]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 66,198[8]. - The largest shareholder, Inspur Software Technology Co., Ltd., held 19.09% of the shares, totaling 61,881,000 shares[8]. Expenses and R&D - Research and development expenses for the third quarter of 2024 were 189,599,785.41 RMB, a decrease from 207,778,417.51 RMB in the previous year, reflecting a reduction of about 8.7%[19]. - The company's sales expenses for the third quarter of 2024 were 54,945,041.48 RMB, down from 78,737,757.10 RMB in the same period last year, reflecting a decrease of approximately 30.3%[19]. Government Support - The company received government subsidies amounting to approximately ¥820,000 during the reporting period, which are closely related to its normal business operations[4][5]. Impairment Losses - The company reported a significant increase in credit impairment losses, which amounted to -42,039,135.31 RMB in the third quarter of 2024, compared to -13,714,587.99 RMB in the same period last year[19].