亿通科技(300211) - 2024 Q3 - 季度财报

Financial Performance - Revenue for the third quarter was RMB 20.96 million, a decrease of 57.62% year-over-year[2] - Net profit attributable to shareholders was RMB -12.64 million, a decrease of 378.33% year-over-year[2] - Revenue for the first nine months of 2024 was RMB 56.6445 million, a decrease of 61.49% year-over-year, primarily due to a decline in sensor business revenue[13] - Net profit for the first nine months of 2024 was RMB -29.6962 million, a decrease of 955.81% year-over-year, mainly due to reduced revenue[13] - Company's total revenue decreased by 61.49% YoY to 56.6445 million yuan, with gross profit decreasing by 25.0302 million yuan YoY to 18.2021 million yuan, and a net loss of 29.6962 million yuan, a 955.81% decrease YoY[15] - Total revenue for the current period is RMB 56.64 million, a significant decrease from RMB 147.08 million in the same period last year[22] - Net profit for the current period is a loss of RMB 29.70 million, compared to a profit of RMB 3.47 million in the same period last year[23] - Comprehensive income for the quarter was -29,696,249.17 RMB, compared to 3,469,971.67 RMB in the previous period[24] - Basic and diluted earnings per share were -0.0977 RMB, compared to 0.0114 RMB in the previous period[24] Cash Flow - Cash flow from operating activities was RMB -49.44 million, a decrease of 427.15% year-over-year[7] - Cash flow from investing activities was RMB -9.06 million, a decrease of 462.74% year-over-year[7] - Cash flow from financing activities was RMB -0.60 million, an increase of 79.32% year-over-year[7] - The company's total operating cash flow for the first nine months of 2024 was RMB -49.4392 million, a decrease of 427.15% year-over-year[13] - Cash received from sales of goods and services was 57,185,409.58 RMB, a significant decrease from 156,306,294.53 RMB in the previous period[25] - Total cash inflow from operating activities was 66,396,018.17 RMB, down from 167,536,082.67 RMB in the previous period[25] - Cash paid for goods and services was 47,146,923.47 RMB, compared to 91,070,080.25 RMB in the previous period[25] - Net cash flow from operating activities was -49,439,186.04 RMB, a sharp decline from 15,112,306.73 RMB in the previous period[26] - Net cash flow from investing activities was -9,058,389.03 RMB, compared to 2,497,212.65 RMB in the previous period[26] - Net cash flow from financing activities was -604,501.05 RMB, compared to -2,923,468.38 RMB in the previous period[26] - The company's cash and cash equivalents decreased by 59,514,465.55 RMB, compared to an increase of 16,157,440.93 RMB in the previous period[26] Assets and Liabilities - Total assets at the end of the reporting period were RMB 539.66 million, a decrease of 9.56% compared to the end of the previous year[2] - Inventory at the end of the reporting period was RMB 25.34 million, an increase of 39.64% compared to the beginning of the year[5] - Contract assets at the end of the reporting period were RMB 3.76 million, an increase of 842.21% compared to the beginning of the year[5] - Total assets decreased to RMB 539.66 million from RMB 596.68 million at the end of the previous period[20] - Total liabilities decreased to RMB 50.87 million from RMB 76.30 million at the end of the previous period[21] - Equity attributable to the parent company decreased to RMB 488.79 million from RMB 520.38 million at the end of the previous period[21] Expenses and Costs - Operating costs for the first nine months of 2024 were RMB 38.4424 million, a decrease of 62.98% year-over-year, driven by the reduction in revenue[13] - Sales expenses for the first nine months of 2024 increased by 36.71% to RMB 1.6659 million, driven by higher salaries, travel, and exhibition costs[13] - Financial expenses for the first nine months of 2024 were RMB -5.0055 million, an increase of 30.38%, due to foreign exchange losses and reduced interest income[13] - Operating costs for the current period are RMB 88.00 million, compared to RMB 151.58 million in the previous year[22] - R&D expenses increased to RMB 38.74 million from RMB 37.82 million in the previous year[23] - Sales expenses increased to RMB 1.67 million from RMB 1.22 million in the previous year[23] - Financial income for the current period is RMB 5.46 million, compared to RMB 6.43 million in the previous year[23] - Credit impairment loss for the current period is RMB 1.21 million, compared to RMB 98,362.86 in the previous year[23] Revenue Breakdown - Domestic CATV network transmission equipment sales revenue decreased by 21.90% YoY to 7.4337 million yuan, while international sales revenue dropped by 90.97% YoY to 1.7738 million yuan[14] - Total CATV network transmission equipment revenue decreased by 68.42% YoY to 9.2075 million yuan, with a gross loss of 934,500 yuan, a 125.45% decrease YoY[14] - Intelligent video surveillance service revenue decreased by 29.91% YoY to 15.5174 million yuan, while intelligent monitoring construction project revenue dropped by 70.43% YoY to 4.2302 million yuan[14] - Overall intelligent monitoring engineering business revenue decreased by 45.52% YoY to 19.8566 million yuan, with gross profit decreasing by 30.87% YoY to 10.4767 million yuan[14] - Whale Microelectronics achieved total revenue of 23.9767 million yuan, with gross profit of 7.1473 million yuan, and a net loss of 30.4656 million yuan, a decrease of 25.1002 million yuan YoY[14] Shareholder Information - The company's largest shareholder, Anhui Shunyuan Xinke Management Consulting Partnership, holds 29.88% of the shares, with 48 million shares pledged[9] - The top 10 shareholders collectively hold a significant portion of the company's shares, with the second-largest shareholder, Wang Zhenhong, holding 17.49%[9] R&D and Incentives - R&D investment accounted for 68.39% of total revenue, with Whale Microelectronics' R&D investment reaching 34.0604 million yuan[16] - The company completed the first vesting period of the 2021 restricted stock incentive plan, with 683,750 shares becoming tradable on January 9, 2023[17] - The company completed the first vesting period of the 2022 restricted stock incentive plan, with 22,500 shares becoming tradable on April 15, 2024[18] Other Income and Losses - Government subsidies received during the reporting period amounted to RMB 1.77 million[3] - Non-recurring gains from renting real estate and selling materials amounted to RMB 1.43 million[4] Audit and Reporting - The third quarter report was not audited[27] Return on Equity - The weighted average return on equity (ROE) for the first nine months of 2024 was -5.87%, a decrease of 6.54 percentage points year-over-year[13]