山石网科(688030) - 2024 Q3 - 季度财报

Financial Performance - In Q3 2024, the company reported operating revenue of CNY 324,379,404.96, a decrease of 0.80% year-on-year[2] - The net profit attributable to shareholders was CNY 3,430,660.10, showing a significant improvement from a net loss of CNY 76,578,084.01 in the same period last year[2] - The company achieved a gross profit margin of 72.90% in the first three quarters of 2024, maintaining a leading position in the industry[4] - The net profit attributable to shareholders for Q3 2024 increased due to improved gross margins and effective control of period expenses[8] - The net profit attributable to shareholders for the period from January to September 2024 showed a narrowing of losses, driven by increased gross margins, effective expense control, and VAT refunds on software product sales[8] - The net profit for the third quarter of 2024 was reported at -¥77,150,412.69, compared to -¥170,170,432.68 in the same quarter of 2023, showing an improvement in losses[20] - The total comprehensive loss of -¥77,211,208.98 for the third quarter of 2024, compared to -¥168,913,149.89 in the same quarter of 2023, indicating a reduction in overall losses[21] - The total comprehensive loss for Q3 2024 was -¥24,597,858.22, which is an improvement from -¥36,801,624.10 in Q3 2023[29] Expenses and Costs - Research and development (R&D) expenses totaled CNY 120,930,560.56, accounting for 37.28% of operating revenue, an increase of 1.76 percentage points year-on-year[3] - The company reported a significant reduction in selling expenses by 29.75% year-on-year in Q3 2024[4] - Research and development expenses increased to ¥265,381,309.84, up from ¥258,900,539.86, indicating a rise of approximately 2.9% year-over-year[19] - Research and development expenses for the first three quarters of 2024 were ¥163,836,962.18, a decrease of 3.9% from ¥169,677,252.77 in the same period of 2023[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,504[10] - The largest shareholder, Shenzhou Yunkexin (Beijing) Technology Co., Ltd., holds 12.96% of the shares, totaling 23,357,932 shares[10] - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding nearly 13%[10] - The company has not reported any changes in the status of share lending or borrowing among the top shareholders[12] - The company plans to repurchase shares worth between RMB 20 million and RMB 40 million within six months starting from February 1, 2024[13] - The company has received a notice from its largest shareholder regarding the share repurchase plan, which is not subject to a price range[13] - The company completed a share repurchase of 1,414,450 shares for a total amount of RMB 16,297,707.38[16] - The company plans to repurchase shares with a total fund not less than RMB 15 million and not exceeding RMB 30 million[16] Assets and Liabilities - The company’s total assets at the end of Q3 2024 were CNY 1,829,208,376.92, a decrease of 1.23% compared to the end of the previous year[3] - The total assets of the company as of Q3 2024 amounted to RMB 1,829,208,376.92, a decrease from RMB 1,852,071,698.16 in the previous quarter[18] - The company's cash and cash equivalents decreased to RMB 192,956,136.33 from RMB 338,765,647.39, representing a decline of approximately 43%[15] - Accounts receivable increased to RMB 871,041,451.41 from RMB 793,600,330.97, reflecting a growth of about 10%[15] - The total liabilities of the company rose to RMB 843,473,586.95 from RMB 771,770,410.89, indicating an increase of approximately 9%[17] - The company's equity attributable to shareholders decreased to RMB 984,933,466.69 from RMB 1,078,942,643.90, a decline of around 8.7%[18] - The company's short-term borrowings increased to RMB 203,900,000.00 from RMB 122,491,848.46, an increase of about 66%[17] - The total liabilities increased to ¥546,087,876.56 in Q3 2024 from ¥474,033,859.40 in Q3 2023, reflecting a growth of approximately 15.1%[29] - The total equity decreased to ¥1,083,148,072.05 in Q3 2024 from ¥1,125,101,218.59 in Q3 2023, representing a decline of about 3.7%[29] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -96,225,312.17, indicating a narrowing of cash outflow compared to the previous year[2] - The net cash flow from operating activities was -96,225,312.17 RMB, an improvement from -117,679,621.36 RMB in the previous year[23] - Total cash inflow from investment activities was 211,409,717.43 RMB, down from 291,631,669.97 RMB year-over-year[23] - Cash outflow from investment activities totaled 318,538,092.94 RMB, compared to 445,367,486.24 RMB in the same period last year[23] - The net cash flow from financing activities was 63,369,900.01 RMB, a significant recovery from -23,256,476.87 RMB in the previous year[24] - The ending balance of cash and cash equivalents was 182,120,590.80 RMB, down from 216,808,517.73 RMB year-over-year[24] - The company's cash flow from operating activities showed a net outflow of -¥85,264,550.90 for the first three quarters of 2024, compared to -¥80,523,477.61 in the same period of 2023[30] - The company reported a cash and cash equivalents balance of ¥97,402,752.77 at the end of Q3 2024, down from ¥113,565,955.01 at the end of Q3 2023[31] Operational Efficiency - The company expects to continue focusing on cost control and efficiency improvements to support healthy development moving forward[4] - Operating profit for the third quarter of 2024 was -¥76,929,405.17, an improvement from -¥180,462,354.32 in the same quarter of 2023, reflecting better operational efficiency[20]