Wayzim(688211)2024-10-30 08:26Financial Performance - The company's operating revenue for Q3 2024 reached ¥457,539,527.85, representing a year-on-year increase of 137.92%[2] - The net profit attributable to shareholders was -¥16,419,091.95 for Q3 2024, with a year-to-date net profit of -¥11,891,605.33[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥24,658,223.10 for Q3 2024[2] - The company reported a year-to-date operating revenue of ¥1,800,821,114.20, which is an increase of 84.54% compared to the same period last year[2] - The basic and diluted earnings per share for Q3 2024 were both -¥0.13[2] - The net loss for the first three quarters of 2024 was CNY 11,891,619.65, compared to a net loss of CNY 18,978,546.79 in the same period of 2023, indicating an improvement in performance[17] - The basic and diluted earnings per share for the first three quarters of 2024 were both CNY -0.09, an improvement from CNY -0.15 in the same period of 2023[17] - The company reported a net profit of ¥13,859,980.73 for the current period, a significant recovery from a net loss of -¥64,708,771.07 in the same period last year[23] - Total profit for the current period was ¥5,356,459.07, compared to a total loss of -¥84,513,801.52 in the previous year, indicating a turnaround in performance[23] - The company’s total comprehensive income for the current period was ¥13,859,980.73, a recovery from a comprehensive loss of -¥64,708,771.07 in the same period last year[23] Cash Flow and Liquidity - The net cash flow from operating activities for Q3 2024 was ¥204,369,771.34, while the year-to-date figure decreased by 31.38% to ¥357,726,087.67[2] - The company's net cash flow from operating activities for Q3 2024 was ¥357,726,087.67, a decrease of 31.3% compared to ¥521,293,461.49 in Q3 2023[19] - Cash inflows from operating activities for the first three quarters of 2024 amounted to CNY 1,794,285,972.77, compared to CNY 2,528,982,332.54 in the same period of 2023, showing a decrease of approximately 29.0%[18] - The company's cash received from sales and services in the first three quarters of 2024 was CNY 1,734,609,992.06, compared to CNY 2,450,926,135.52 in the same period of 2023, indicating a decline of approximately 29.2%[18] - The net cash flow from operating activities for the first three quarters of 2024 was ¥191,320,689.64, down from ¥361,395,725.19 in the previous year, indicating a decline of about 47%[24] - The company reported a net increase in cash and cash equivalents of ¥170,631,069.62 for Q3 2024, compared to a net decrease of -¥136,297,666.67 in Q3 2023[19] - The cash and cash equivalents at the end of the period increased to ¥448,136,182.33 from ¥239,352,775.07, marking a significant improvement in liquidity[26] Assets and Liabilities - Total assets as of the end of Q3 2024 were ¥6,644,627,513.67, reflecting a decrease of 0.80% compared to the end of the previous year[4] - The company's total assets as of September 30, 2024, were ¥5,747,602,537.63, down from ¥5,976,683,110.69 at the end of 2023, reflecting a decrease of 3.8%[21] - The total liabilities as of the end of Q3 2024 were CNY 3,031,318,639.98, slightly down from CNY 3,047,435,514.79 at the end of Q3 2023[15] - The total liabilities decreased to ¥2,320,964,585.90 from ¥2,538,370,284.93, a reduction of 8.6%[21] - The company's equity attributable to shareholders was CNY 3,613,309,042.88, compared to CNY 3,650,888,635.44 in the same period of 2023, reflecting a decrease of about 1.0%[15] Research and Development - Research and development (R&D) expenses totaled ¥35,458,181.54 for the year-to-date period, accounting for 7.75% of operating revenue, a decrease of 11.3 percentage points[4] - Research and development expenses for the first three quarters of 2024 totaled CNY 116,337,390.14, down from CNY 131,242,488.17 in 2023, a decrease of about 11.3%[16] - The company's R&D expenses for the first three quarters of 2024 were ¥107,112,558.06, a decrease of 9.8% compared to ¥118,726,867.43 in the same period of 2023[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,089, with the largest shareholder, Wuxi Weizhi Yuanchuang Investment Enterprise, holding 27,000,000 shares, representing 20.52% of the total[9] Government Subsidies and Investment - The company received government subsidies amounting to ¥2,000,082.17 during the reporting period[5] - The company received cash from investment returns amounting to ¥23,463,380.13, up from ¥21,106,400.13 in the previous year, indicating a positive trend in investment performance[24] - The net cash flow from investing activities was negative at -¥95,946,093.50, an improvement from -¥532,030,538.39 in Q3 2023[19] - The net cash flow from investment activities was negative at -¥6,893,721.15, compared to -¥398,391,325.82 in the previous year, showing an improvement[26] Inventory and Orders - The company has a total of 26.68 billion RMB in hand orders as of the end of September 2024, with the top five customers accounting for 32.05%, 11.00%, 9.10%, 6.15%, and 5.72% of the total[12] - The company’s inventory decreased to ¥1,754,290,367.41 from ¥1,909,385,903.95, a decline of 8.1%[20]