晶晨股份(688099) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥1,623,879,081.74, representing a year-on-year increase of 7.73%[2] - Net profit attributable to shareholders for Q3 2024 was ¥231,645,189.53, a significant increase of 79.52% compared to the same period last year[2] - The company achieved a net profit of ¥593,793,754.87 for the first three quarters of 2024, up 89.26% year-on-year[4] - Total operating revenue for the first three quarters of 2024 reached ¥4,640,087,780.11, a 20.3% increase from ¥3,857,699,056.15 in the same period of 2023[21] - Net profit for the first three quarters of 2024 was ¥593,717,026.84, a significant increase from ¥313,718,252.11 in the same period of 2023, representing an 89.5% growth[22] - The total profit for the first three quarters of 2024 was ¥631,999,408.08, compared to ¥303,195,500.19 in the same period of 2023, reflecting a 108.5% increase[22] - The net profit attributable to shareholders of the listed company for the current reporting period increased by 79.52%[11] - The total net profit attributable to shareholders for the year-to-date increased by 89.26%[11] Research and Development - R&D expenses for the first three quarters totaled ¥1,019,672,108.53, reflecting a year-on-year increase of 7.10%[4] - The company has ongoing research and development efforts aimed at new product innovations and market expansion strategies[16] Profitability Metrics - The gross profit margin for Q3 2024 improved to 38.22%, an increase of 2.24 percentage points year-on-year[6] - The weighted average return on equity increased to 10.23%, up 4.17 percentage points year-on-year[4] - The basic earnings per share for the current reporting period increased by 77.42%[11] - Basic earnings per share for the third quarter of 2024 was ¥1.42, compared to ¥0.76 in the same quarter of 2023, indicating an increase of 86.8%[23] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date increased by 46.55%, primarily due to increased sales collections[11] - Cash flow from operating activities amounted to ¥4,646,811,960.26, up from ¥3,778,926,703.55 in the previous year, marking a 22.9% increase[24] - Operating cash inflow for Q3 2024 reached CNY 5,027,795,288.18, an increase of 21.7% compared to CNY 4,131,055,046.76 in Q3 2023[25] - Net cash flow from operating activities was CNY 746,078,746.16, up 46.5% from CNY 509,103,539.88 in the same period last year[25] - Cash inflow from investment activities totaled CNY 5,246,883,117.15, a rise of 14% compared to CNY 4,607,054,216.91 in Q3 2023[25] - Net cash flow from investment activities was negative CNY 630,947,839.99, worsening from negative CNY 573,567,915.68 year-over-year[25] - The company reported an investment income of ¥19,870,414.70, up from ¥15,049,994.96 in the previous year, showing a 32.5% increase[22] Assets and Liabilities - The total assets as of the end of Q3 2024 were ¥6,968,149,310.91, a 9.63% increase from the previous year[4] - The company's current assets totaled CNY 5,444,109,474.94, up from CNY 5,147,520,533.37, indicating an increase of about 5.8%[18] - The total liabilities decreased to CNY 784,276,108.97 from CNY 867,003,410.77, showing a reduction of approximately 9.5%[19] - The equity attributable to shareholders increased to CNY 6,148,895,489.44 from CNY 5,450,425,117.79, representing a growth of about 12.8%[20] - The company's inventory increased to CNY 1,271,074,913.51 from CNY 1,244,553,356.80, marking a rise of about 2.1%[18] Market Position and Strategy - The T series sales revenue grew over 50% year-on-year, continuing its trend as the company's largest product line[5] - The W series Wi-Fi 6 chips have gained significant market share in domestic operator tenders, with expected sales to exceed 10 million units in 2024[5] - The company plans to continue its multi-product line strategy, anticipating revenue growth in 2024 despite some uncertainties[7] - The company is focused on enhancing its market position through strategic investments and potential acquisitions in the semiconductor sector[11] Shareholder Information - The company’s major shareholders include Amlogic (Hong Kong) Limited, holding 26.02% of shares[12] - The company has not disclosed any related party transactions or concerted actions among other shareholders[14] Other Financial Metrics - The company reported a significant increase in comprehensive gross margin compared to the previous year, contributing to improved profitability[11] - The company has identified certain non-recurring gains and losses that are significant and not listed in the relevant disclosure announcements[11] - Other comprehensive income after tax was -¥9,590,329.83, compared to ¥18,225,174.99 in the same period of 2023, indicating a shift in financial performance[23] - The ending balance of cash and cash equivalents was CNY 893,191,637.31, down from CNY 1,163,504,457.39 at the end of Q3 2023[26]