Revenue: 137.323 million CNY in QQ3 2024, YoY -13.92%, QoQ -5.89%. Gross Profit: 58.8185 million CNY, Gross Margin: 42.83%, YoY Gross Profit change -3.19%, QoQ -15.77%.
Operating metrics: EBITDA 7.863 million CNY, EBITDA margin 5.73%; Operating Income 2.7785 million CNY, Operating Margin 2.02%; Net Income 4.7465 million CNY, Net Margin 3.46%.
Earnings: EPS 0.0066 CNY, Diluted EPS 0.0066 CNY; Weighted average shares 720,039,441.
Cash flow and capital expenditure: Net cash provided by operating activities 25.2965 million CNY; Capital expenditure (CAPEX) 26.635 million CNY; Free cash flow -1.3385 million CNY. Operating cash flow yield and free cash flow remain pressured by working capital movements and ongoing capex.
Balance sheet and liquidity: Total assets 827.684 million CNY; Total liabilities 158.94 million CNY; Total stockholders’ equity 644.094 million CNY. Cash and cash equivalents 54.726 million CNY; total cash and short-term investments 60.698 million CNY. Net debt 10.237 million CNY. Current ratio 3.58; Inventory 44.678 million CNY; Accounts receivable 241.274 million CNY; Accounts payable 70.283 million CNY. Debt remains modest (Debt to Equity ~0.101x) and liquidity is robust, supporting working-capital needs and ongoing capex.