振芯科技(300101) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥209,339,263.86, an increase of 16.30% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was ¥22,986,591.90, a decrease of 32.35% year-on-year[2]. - The net profit after deducting non-recurring gains and losses for Q3 2024 was ¥21,370,760.49, down 23.45% from the previous year[2]. - The total revenue for the first three quarters of 2024 was ¥563,435,989.33, representing a decline of 8.43% compared to the same period last year[9]. - Total operating revenue for Q3 2024 was CNY 563,435,989.33, a decrease of 8.43% compared to CNY 615,302,113.30 in Q3 2023[25]. - Net profit for Q3 2024 was CNY 70,415,225.52, down 50.7% from CNY 142,809,849.46 in the same period last year[26]. - The company reported a decrease in the net profit attributable to shareholders of the parent company to CNY 70,938,512.69, down from CNY 143,492,817.25 in Q3 2023[26]. Revenue Sources - The company achieved a revenue of ¥15,991.27 million from its Beidou navigation comprehensive application business, an increase of 14.53% year-on-year[6]. - The revenue from machine perception and intelligent products reached ¥2,246.21 million, a significant increase of 154.10% compared to the previous year[7]. Cash Flow and Investments - The company's cash flow from operating activities for the first three quarters was ¥13,899,523.05, an increase of 114.26% year-on-year[2]. - Cash received from investment recovery increased by 86.81% to ¥269,000,000.00 from ¥144,000,000.00 year-on-year, attributed to increased maturity payments from bank financial products[11]. - Cash received from the disposal of fixed assets and other long-term assets surged by 78,528.05% to ¥19,861,444.79 compared to ¥25,260.00 in the previous year, due to compensation received for land use rights[11]. - Cash paid for investments rose by 176.60% to ¥325,000,000.00 from ¥117,500,000.00 year-on-year, primarily due to increased cash payments for purchasing bank financial products[11]. - Cash inflow from investment activities was CNY 289,856,789.24, compared to CNY 145,011,162.75 in the previous year[28]. - Net cash flow from investment activities was negative CNY 112,857,112.02, worsening from negative CNY 33,176,769.36 last year[28]. Expenses and Liabilities - The company reported a decrease in management expenses by 19.66% to ¥93,861,315.19 due to the absence of share payment expenses from the previous year[9]. - The company increased its R&D expenses by 19.70% to ¥109,172,986.23, indicating a continued focus on innovation and development[9]. - Total operating costs increased to CNY 499,651,238.68, up 6.67% from CNY 467,285,769.35 in the previous year[25]. - The total liabilities amounted to CNY 834,764,500.79, up from CNY 817,826,549.56 in Q3 2023[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,776[12]. - The largest shareholder, Chengdu Guoteng Electronics Group Co., Ltd., holds 29.38% of the shares, totaling 165,860,000 shares[12]. - The company plans to repurchase shares with a total amount between RMB 40 million and RMB 80 million, with a maximum repurchase price of RMB 19.40 per share, potentially acquiring approximately 2,061,855 to 4,123,711 shares, representing 0.37% to 0.73% of the total issued shares[18]. - As of the end of the reporting period, the company has repurchased a total of 3,192,000 shares, accounting for 0.5654% of the total share capital, with a total transaction amount of RMB 44,998,879[19]. Asset Management - The company's total assets at the end of Q3 2024 were ¥2,744,415,893.30, reflecting a growth of 1.56% from the end of the previous year[2]. - The company’s total current assets increased to RMB 2,180,141,386.73 from RMB 2,097,634,418.04 at the beginning of the period, reflecting a growth of approximately 3.94%[22]. - The company reported a decrease in cash and cash equivalents from RMB 279,245,371.98 to RMB 125,715,749.28, a decline of about 55.1%[22]. - Accounts receivable increased from RMB 948,756,449.50 to RMB 1,091,122,565.01, representing a growth of approximately 15%[22]. - Inventory rose significantly from RMB 515,144,534.76 to RMB 627,864,015.95, an increase of about 21.8%[22]. - The company’s long-term equity investments decreased from RMB 6,941,962.32 to RMB 6,147,837.32, a decline of approximately 11.4%[22]. - The company’s intangible assets decreased from RMB 145,123,279.85 to RMB 119,800,145.32, a reduction of about 17.3%[22]. Taxation - Tax refunds received decreased by 97.73% to ¥198,407.10 compared to ¥8,743,910.69 in the same period last year, primarily due to a reduction in VAT refunds[10]. - Taxes paid decreased by 63.12% to ¥41,277,056.12 from ¥111,912,369.87 year-on-year, mainly due to lower corporate income tax and VAT payments[10]. Earnings Per Share - Basic earnings per share for Q3 2024 were CNY 0.1257, down from CNY 0.2544 in the previous period, while diluted earnings per share were CNY 0.1257 compared to CNY 0.2538 last year[27]. Audit Status - The company has not undergone an audit for the Q3 report[29].