Sinovatio(002912)2024-10-28 11:31Financial Performance - The company's revenue for Q3 2024 reached ¥194,903,152.99, representing a 30.07% increase compared to the same period last year[2]. - Net profit attributable to shareholders was ¥47,457,539.80, a significant increase of 16,415.20% year-on-year[2]. - The net profit after deducting non-recurring gains and losses was ¥46,511,468.03, up 3,514.74% from the previous year[2]. - The basic earnings per share for Q3 2024 was ¥0.28, a dramatic increase of 16,370.59% compared to the same period last year[2]. - Total operating revenue for the period was CNY 362.34 million, down from CNY 460.06 million in the previous period, representing a decrease of approximately 21.3%[12]. - Net profit for the period was a loss of CNY 46.96 million, compared to a profit of CNY 74.11 million in the previous period, indicating a significant decline[13]. - Basic and diluted earnings per share were both reported at -0.28, compared to 0.43 in the previous period[14]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥2,002,028,030.57, down 6.74% from the end of the previous year[2]. - The equity attributable to shareholders decreased by 5.87% to ¥1,574,054,437.27 compared to the end of last year[2]. - The company's total current assets amount to 1,568,828,677.17 RMB, a decrease from 1,701,256,377.31 RMB at the beginning of the period[10]. - The company's total assets are 2,002,028,030.57 RMB, compared to 2,146,692,072.37 RMB at the beginning of the period[10]. - The total liabilities include short-term borrowings of 13,340,000.00 RMB, an increase from 5,691,599.99 RMB[10]. - The total liabilities decreased to CNY 427.97 million from CNY 474.45 million, a reduction of about 9.8%[11]. - The total equity attributable to shareholders decreased to CNY 1.57 billion from CNY 1.67 billion, a decline of approximately 5.9%[11]. Cash Flow - The company reported a net cash flow from operating activities of ¥78,270,575.85, an increase of 171.39% year-to-date[2]. - Cash flow from operating activities increased to CNY 523.73 million from CNY 456.00 million, an increase of approximately 14.8%[15]. - The net cash flow from operating activities was 78,270,575.85 CNY, a significant improvement from -109,642,886.42 CNY in the previous year[16]. - Cash inflow from investment activities totaled 560,530,960.89 CNY, compared to 402,984,974.50 CNY in the same period last year, indicating a 39% increase[16]. - The net cash flow from investment activities was -46,339,617.98 CNY, an improvement from -98,671,365.65 CNY year-over-year[16]. - Cash flow from financing activities resulted in a net outflow of -46,182,924.19 CNY, worsening from -29,008,243.60 CNY in the previous year[16]. - The company reported a total cash outflow from operating activities of 445,459,029.04 CNY, compared to 565,647,338.84 CNY in the previous year[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,058[7]. - The largest shareholder, Shenzhen Innovation Investment Group Co., Ltd., holds 26.66% of the shares, totaling 45,527,040 shares[7]. Investment and Expenses - The company received government subsidies amounting to ¥749,284.53 during the quarter, contributing to its financial performance[3]. - The cash flow from investment activities showed a significant increase, with cash recovered from investments reaching ¥555,000,000.00, up 38.75% year-on-year[5]. - Research and development expenses were CNY 164.56 million, slightly down from CNY 171.12 million, reflecting a decrease of about 3.2%[13]. - The company has a significant investment in financial assets, totaling 335,000,000.00 RMB, up from 295,000,000.00 RMB[9]. Other Financial Metrics - The company experienced a 134.38% increase in short-term loans, totaling ¥13,340,000.00, indicating increased liquidity needs[5]. - Cash and cash equivalents at the end of the period are 725,639,921.89 RMB, down from 745,627,513.82 RMB[9]. - The company paid 51,451,166.36 CNY in dividends and interest, compared to 69,033.73 CNY in the previous year, indicating a significant increase in financial obligations[16]. - The company experienced a negative impact of -5,416,275.61 CNY from exchange rate fluctuations on cash and cash equivalents[16]. - The company has not undergone an audit for the third quarter report[17].