Revenue and Profit Performance - Revenue for the third quarter was RMB 87.4 million, a year-on-year increase of 10.88%[2] - Revenue for the first three quarters of 2024 reached 277 million yuan, a year-on-year increase of 5.91%, driven by growth in overseas business and domestic PCB and packaging testing laser optics business[8] - Total revenue for the current period reached 276,998,401.90 yuan, an increase from 261,551,770.27 yuan in the previous period[14] - Revenue from sales of goods and services was RMB 218,985,591.85, down 15.7% year-over-year[16] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 2.02 million, a year-on-year decrease of 75.00%[2] - Net profit attributable to shareholders in the first three quarters of 2024 was 30.82 million yuan, a year-on-year decrease of 27.73%, mainly due to increased personnel costs, equity incentive expenses, and depreciation and amortization of new fixed assets[8] - Net profit attributable to shareholders in the third quarter of 2024 was 2.02 million yuan, a year-on-year decrease of 6.06 million yuan, with a significant decline due to the 4.85 million yuan share-based payment expense from the 2024 restricted stock incentive plan[8] - Excluding the impact of share-based payment expenses, the net profit attributable to shareholders in the third quarter of 2024 was 6.87 million yuan, a year-on-year decrease of 15.06%[8] - Net profit for the current period was 37,137,166.56 yuan, a decrease from 48,086,373.74 yuan in the previous period[14] - Net profit attributable to parent company shareholders was RMB 30,816,176.84, a decrease of 27.7% compared to the previous period[15] - Basic earnings per share (EPS) was RMB 0.2663, down 43.8% from the previous period[15] Cash Flow and Financial Position - Net cash flow from operating activities for the first nine months was RMB -15.49 million, a year-on-year decrease of 149.37%[2] - Net cash flow from investing activities was RMB -543.07 million, a year-on-year decrease of 1290.44%, mainly due to increased purchases of financial products and payments for fundraising projects[5] - Net cash flow from financing activities was RMB -45.98 million, a year-on-year decrease of 106.00%, mainly due to cash dividends and repayment of bank loans[5] - Cash flow from operating activities was negative RMB 15,490,418.08, compared to positive RMB 31,374,662.32 in the previous period[17] - Cash flow from investing activities was negative RMB 543,074,947.85, primarily due to investment payments of RMB 811,570,000.00[17] - Cash flow from financing activities was negative RMB 45,976,482.06, mainly due to debt repayment of RMB 11,000,000.00 and dividend payments of RMB 34,976,482.06[17] - Cash and cash equivalents decreased by RMB 604,452,223.41, ending the period at RMB 157,303,987.78[17] - The company's monetary funds decreased by 79.35% to RMB 157.3 million due to increased purchases of financial products[5] - Cash and cash equivalents at the end of the period were 157,303,987.78 yuan, a significant decrease from 761,756,211.19 yuan at the beginning of the period[11] Assets and Liabilities - Total assets as of the end of the third quarter were RMB 1.347 billion, a year-on-year decrease of 1.48%[2] - Total assets at the end of the period were 1,347,084,884.27 yuan, slightly down from 1,367,271,402.57 yuan at the beginning of the period[13] - Total liabilities at the end of the period were 162,997,143.64 yuan, a decrease from 182,903,328.25 yuan at the beginning of the period[13] - Total equity at the end of the period was 1,184,087,740.63 yuan, slightly down from 1,184,368,074.32 yuan at the beginning of the period[13] - Trade receivables at the end of the period were 82,548,851.29 yuan, slightly down from 84,772,104.07 yuan at the beginning of the period[11] - Inventory at the end of the period was 170,916,740.05 yuan, up from 130,342,341.39 yuan at the beginning of the period[11] Investment and Financial Products - Investment income increased by 9712.13% to RMB 1.6 million due to increased returns from financial products[5] - Net cash flow from investing activities was RMB -543.07 million, a year-on-year decrease of 1290.44%, mainly due to increased purchases of financial products and payments for fundraising projects[5] - The company's monetary funds decreased by 79.35% to RMB 157.3 million due to increased purchases of financial products[5] - Investment in fixed assets, intangible assets, and other long-term assets increased to RMB 76,255,643.55, up 95.3% from the previous period[17] Expenses and Costs - Operating costs for the current period were 240,453,454.80 yuan, up from 212,252,608.14 yuan in the previous period[14] - Research and development expenses for the current period were 16,897,976.43 yuan, an increase from 14,647,133.21 yuan in the previous period[14] - Expenditure on employee compensation increased to RMB 85,124,661.79, up 18.9% year-over-year[17] - Prepaid expenses increased by 519.94% to RMB 33.71 million due to prepayments for raw materials[5] Tax and Refunds - Tax refunds received increased significantly to RMB 11,099,747.83, up 408.0% from the previous period[16] Shareholder and Equity Information - 81 pre-IPO shareholders had 17.92 million shares of pre-IPO issued shares unlocked and listed for trading on August 23, 2024[10] - Net profit attributable to shareholders in the third quarter of 2024 was 2.02 million yuan, a year-on-year decrease of 6.06 million yuan, with a significant decline due to the 4.85 million yuan share-based payment expense from the 2024 restricted stock incentive plan[8] - Excluding the impact of share-based payment expenses, the net profit attributable to shareholders in the third quarter of 2024 was 6.87 million yuan, a year-on-year decrease of 15.06%[8] Project and Investment Adjustments - The company adjusted the "Wavelength Optical Research Institute Construction Project" to the "Precision Optical R&D Comprehensive Building Project," increasing the total investment from 74.74 million yuan to 186.33 million yuan, mainly for the addition of a "Micro-Nano Optics Laboratory" and related infrastructure[9] - The expected completion date for the "Precision Optical R&D Comprehensive Building Project" was extended from December 31, 2025, to June 30, 2026[9]
波长光电(301421) - 2024 Q3 - 季度财报