安凯微(688620) - 2024 Q3 - 季度财报

Financial Performance - Revenue for the third quarter was RMB 128.55 million, a decrease of 2.89% year-over-year[1] - Net profit attributable to shareholders was a loss of RMB 16.52 million for the quarter, with a year-to-date loss of RMB 22.38 million, a decrease of 262.83% year-over-year[1] - Basic and diluted earnings per share were both RMB -0.04 for the quarter, with a year-to-date decrease of 250%[2] - Weighted average return on equity decreased by 3.02 percentage points year-to-date[8] - Total operating income for the first three quarters of 2024 was 370,145,006.68, a slight increase of 0.02% compared to 370,075,158.22 in the same period of 2023[15] - Total operating costs for the first three quarters of 2024 increased by 11.5% to 420,389,891.58 from 377,120,569.18 in the same period of 2023[15] - Net profit for the first three quarters of 2024 was -22,380,448.69 RMB, a significant decline from 13,744,837.01 RMB in the same period of 2023[16] - Basic earnings per share for the first three quarters of 2024 were -0.06 RMB, compared to 0.04 RMB in the same period of 2023[17] R&D and Innovation - R&D expenses increased by 21.78% to RMB 37.49 million for the quarter, accounting for 29.16% of revenue, an increase of 5.91 percentage points year-over-year[2] - The company is focusing on developing higher-performance IoT camera chips and industrial-grade IoT application processor chips, leading to increased R&D investment[3] - R&D investment for the reporting period was 21.78% of total expenses[8] - Year-to-date R&D investment reached 22.27% of total expenses[8] - R&D expenses increased significantly to 100,494,869.40 RMB in the first three quarters of 2024, up from 82,188,340.42 RMB in the same period of 2023[16] Assets and Liabilities - Total assets increased by 2.67% to RMB 1.71 billion compared to the end of the previous year[2] - Accounts receivable decreased by 15.0% from 201,902,065.34 to 171,645,097.59[12] - Inventory increased by 44.5% from 160,470,230.83 to 231,951,621.90[12] - Total current assets decreased by 19.1% from 775,527,794.23 to 627,245,031.78[12] - Total non-current assets increased by 21.6% from 893,675,989.57 to 1,086,457,663.56[12] - Total assets increased by 2.7% from 1,669,203,783.80 to 1,713,702,695.34[12] - Short-term borrowings increased by 154.8% from 51,055,776.37 to 130,105,555.49[13] - Total current liabilities increased by 71.5% from 132,283,361.79 to 226,817,569.65[13] - Total liabilities increased by 71.7% from 137,728,062.27 to 236,479,796.04[13] Shareholder Information - The company repurchased 2,831,839 shares, representing 0.72% of the total shares, as of September 30, 2024[3] - Total number of common shareholders at the end of the reporting period was 13,670[8] - Ankai Technology holds 15.66% of shares with 61,382,160 shares[8] - Zhejiang Wuyi Kairuida Electronics holds 7.25% of shares with 28,420,840 shares[8] - PRIMROSE CAPITAL LIMITED holds 6.38% of shares with 25,015,760 shares[8] - Hu Shengfa holds 4.83% of shares with 18,942,000 shares[8] - Guangzhou Technology Finance Innovation Investment holds 4.40% of shares with 17,247,160 shares[8] - Guangzhou Kaijin Investment Partnership holds 4.35% of shares with 17,070,760 shares[8] Cash Flow and Financing - Cash received from sales of goods and services increased to 417,909,377.55 RMB in the first three quarters of 2024, up from 363,648,572.22 RMB in the same period of 2023[18] - Cash paid for goods and services increased to 418,325,933.78 RMB in the first three quarters of 2024, compared to 332,800,631.59 RMB in the same period of 2023[19] - Net cash flow from operating activities was -74,909,642.66 RMB in the first three quarters of 2024, compared to -43,784,795.65 RMB in the same period of 2023[19] - Net cash flow from investing activities improved to 11,355,459.07 RMB in the first three quarters of 2024, compared to -629,918,359.07 RMB in the same period of 2023[19] - Net cash flow from financing activities was 46,377,318.64 RMB in the first three quarters of 2024, a significant decrease from 865,912,449.88 RMB in the same period of 2023[20] - The ending balance of cash and cash equivalents decreased to 131,334,872.93 RMB in the first three quarters of 2024, compared to 322,221,583.73 RMB in the same period of 2023[20] Government Subsidies and Non-Recurring Gains - Government subsidies contributed RMB 70,350 to non-recurring gains for the quarter, with a year-to-date total of RMB 5.87 million[4] Market Expansion and Sales - The company increased market expansion efforts, adding experienced sales personnel and increasing sales expenses[3] External Investments - The company has engaged in external investments through participation in or initiation of investment funds to explore innovative projects and technologies[3] Management Expenses - Management expenses decreased to 25,061,309.03 RMB in the first three quarters of 2024, compared to 25,619,525.72 RMB in the same period of 2023[16]