信科移动(688387) - 2024 Q3 - 季度财报

Revenue and Profit - Revenue for the third quarter was RMB 1,153,504,490.83, a decrease of 37.15% year-over-year[4] - Net profit attributable to shareholders of the listed company was RMB -108,418,495.42 for the quarter[4] - Total operating income for the first three quarters of 2024 was 4,145,959,879.45 yuan, a decrease from 5,281,396,586.85 yuan in the same period of 2023[18] - Net profit for the first three quarters of 2024 was -198,138,342.57 yuan, an improvement from -226,549,521.02 yuan in the same period of 2023[19] - Net profit attributable to the parent company's shareholders for the first three quarters of 2024 was -169,826,955.67 yuan, compared to -202,626,082.87 yuan in the same period of 2023[19] R&D Investment - R&D investment for the quarter was RMB 314,442,970.55, a decrease of 8.98% year-over-year[5] - R&D investment accounted for 27.26% of revenue, an increase of 8.44 percentage points year-over-year[5] - R&D expenses for the first three quarters of 2024 were 826,174,483.53 yuan, down from 956,830,404.38 yuan in the same period of 2023[18] - Development expenditure increased to RMB 107,173,295.08, indicating ongoing investment in R&D[15] Assets and Liabilities - Total assets at the end of the reporting period were RMB 13,663,061,167.57, a decrease of 5.37% compared to the end of the previous year[5] - Total assets as of September 30, 2024, amounted to RMB 13,663,061,167.57, compared to RMB 14,437,652,359.41 at the end of 2023[14][15] - Total liabilities as of Q3 2024 were 7,206,004,675.17 yuan, a decrease from 7,768,466,748.08 yuan in the same period of 2023[16] - Total equity attributable to the parent company's shareholders as of Q3 2024 was 6,374,314,662.28 yuan, down from 6,558,132,394.31 yuan in the same period of 2023[16] - Total non-current assets increased to RMB 1,386,513,752.11 from RMB 1,048,186,869.43 at the end of 2023[14][15] - Intangible assets increased to RMB 205,880,160.07 from RMB 142,458,169.80 at the end of 2023[15] Cash Flow - Operating cash flow for the quarter was RMB 637,060,819.18, turning positive due to increased sales collections and reduced procurement payments[9] - Sales revenue from goods and services received in cash was RMB 5,171,827,503.64 for the first three quarters of 2024, slightly down from RMB 5,194,350,679.02 in the same period of 2023[21] - Total cash inflow from operating activities was RMB 5,543,214,822.01 for the first three quarters of 2024, compared to RMB 5,564,137,354.66 in the same period of 2023[21] - Net cash flow from operating activities was negative RMB 433,174,634.02 for the first three quarters of 2024, an improvement from negative RMB 1,311,205,558.22 in the same period of 2023[22] - Net cash flow from investment activities was negative RMB 229,526,036.65 for the first three quarters of 2024, compared to positive RMB 1,169,891,166.03 in the same period of 2023[22] - Net cash flow from financing activities was RMB 134,738,433.75 for the first three quarters of 2024, compared to negative RMB 129,095,877.99 in the same period of 2023[22] - The net increase in cash and cash equivalents was negative RMB 524,800,720.76 for the first three quarters of 2024, compared to negative RMB 265,558,911.13 in the same period of 2023[22] - The ending balance of cash and cash equivalents was RMB 3,285,233,257.10 as of the end of the third quarter of 2024, down from RMB 5,053,037,929.45 at the same time in 2023[23] Financial Ratios and Metrics - The company's weighted average return on equity (ROE) for the quarter was -1.69%[5] - The company's basic earnings per share (EPS) for the quarter was RMB -0.03[5] - Basic earnings per share for the first three quarters of 2024 were -0.05 yuan, an improvement from -0.06 yuan in the same period of 2023[20] - Total comprehensive income for the first three quarters of 2024 was -210,337,156.53 yuan, compared to -219,864,871.39 yuan in the same period of 2023[20] Government Subsidies - Government subsidies recognized in the current period amounted to RMB 42,369,264.23[6] Inventory and Receivables - Accounts receivable stood at RMB 5,278,868,612.98, a slight decrease from RMB 5,473,701,866.67 at the end of 2023[14] - Inventory decreased to RMB 1,926,008,650.50 from RMB 2,106,107,879.53 at the end of 2023[14] Borrowings and Payables - Short-term borrowings increased to RMB 841,569,705.73 from RMB 688,255,132.88 at the end of 2023[15] - Accounts payable decreased to RMB 3,598,861,615.98 from RMB 4,164,634,266.63 at the end of 2023[15] - Contract liabilities increased significantly to RMB 597,302,710.40 from RMB 196,052,893.14 at the end of 2023[15] Cash and Cash Equivalents - Cash and cash equivalents decreased to RMB 3,305,850,398.56 from RMB 3,863,503,413.76 at the end of 2023[14] - Cash received from investment returns was RMB 21,930,015.85 for the first three quarters of 2024, down from RMB 42,845,333.25 in the same period of 2023[22] - Cash received from borrowings was RMB 250,000,000.00 for the first three quarters of 2024, down from RMB 300,000,000.00 in the same period of 2023[22]