鼎阳科技(688112) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 reached RMB 130.89 million, a year-on-year increase of 14.29%[2] - Net profit attributable to shareholders for Q3 2024 was RMB 33.21 million, a year-on-year decrease of 6.76%[2] - Gross profit margin for the first nine months of 2024 increased to 62.08%, up 0.46 percentage points year-on-year[9] - Total revenue for the first three quarters of 2024 reached RMB 354.64 million, a slight increase from RMB 349.41 million in the same period of 2023[21] - Net profit for the first three quarters of 2024 was RMB 91.65 million, down from RMB 119.02 million in the same period of 2023[22] - Revenue for the first three quarters of 2024 decreased to 300.14 million RMB, down 4.9% compared to 315.61 million RMB in the same period of 2023[29] - Net profit for the first three quarters of 2024 was 64.43 million RMB, a 43.1% decrease from 113.16 million RMB in 2023[31] - Total comprehensive income for 2024 was 64.43 million RMB, a 43.1% decrease from 113.16 million RMB in 2023[32] R&D and Innovation - R&D investment for Q3 2024 was RMB 25.80 million, a year-on-year increase of 23.97%, accounting for 19.71% of revenue[2][3] - R&D expenses increased to RMB 69.73 million in the first three quarters of 2024, up from RMB 54.47 million in the same period of 2023[21] - R&D expenses rose significantly to 69.73 million RMB in 2024, a 28% increase from 54.47 million RMB in 2023[29] Product and Sales Performance - High-end product revenue accounted for 24.16% of total revenue in the first nine months of 2024, up 3.18 percentage points year-on-year[5] - Sales of products priced above RMB 50,000 increased by 38.37% year-on-year in the first nine months of 2024[5] - Domestic revenue from high-resolution digital oscilloscopes grew by 28.00% year-on-year in the first nine months of 2024[6] - Direct sales revenue increased by 33.71% year-on-year in the first nine months of 2024[7] - Sales expenses rose to RMB 65.68 million in the first three quarters of 2024, up from RMB 53.94 million in the same period of 2023[21] - Sales expenses increased to 43.09 million RMB in 2024, up 25.6% from 34.31 million RMB in 2023[29] Cash Flow and Financial Position - Operating cash flow for the first nine months of 2024 was RMB 69.48 million, a year-on-year increase of 148.14%[4] - Operating cash flow increased to 69,484,695.98 yuan in the first three quarters of 2024, up from 28,002,098.14 yuan in the same period of 2023[24] - Operating cash flow improved to 66.09 million RMB in 2024, a 127% increase from 29.12 million RMB in 2023[33] - Cash received from sales of goods and services slightly decreased to 369,183,564.80 yuan in 2024 from 372,380,192.38 yuan in 2023[24] - Cash paid for employee compensation rose to 102,847,909.83 yuan in 2024, compared to 82,852,194.87 yuan in 2023[24] - Net cash used in investing activities increased to -26,013,699.26 yuan in 2024 from -15,630,576.29 yuan in 2023[24] - Net cash used in financing activities rose to -145,587,140.40 yuan in 2024 from -88,169,563.61 yuan in 2023[25] - Cash and cash equivalents at the end of the period decreased to 1,143,096,169.29 yuan in 2024 from 1,175,352,238.67 yuan in 2023[25] - Cash and cash equivalents at the end of Q3 2024 stood at 1.13 billion RMB, down 3.4% from 1.17 billion RMB at the end of Q3 2023[34] - Cash outflow from financing activities increased to 145.19 million RMB in 2024, up 51.8% from 95.66 million RMB in 2023[34] Shareholder and Equity Information - Total number of ordinary shareholders at the end of the reporting period is 4,406[14] - Qin Ke holds 35,527,113 shares, representing 22.32% of the total shares[14] - Shao Haitao holds 30,947,554 shares, representing 19.44% of the total shares[14] - Zhao Yafeng holds 25,211,217 shares, representing 15.84% of the total shares[14] - Shenzhen Dingli Xiangyang Investment Partnership holds 10,489,600 shares, representing 6.59% of the total shares[14] - Shenzhen Zhongli Gangding Enterprise Management Consulting Partnership holds 8,344,000 shares, representing 5.24% of the total shares[14] - China Bank - E Fund Active Growth Securities Investment Fund holds 3,796,774 shares, representing 2.38% of the total shares[14] - National Social Security Fund 109 Portfolio holds 2,318,417 shares, representing 1.46% of the total shares[14] - China Merchants Bank - Huisheng Huize Flexible Allocation Hybrid Fund holds 1,200,000 shares, representing 0.75% of the total shares[14] - Industrial and Commercial Bank of China - E Fund Value Select Hybrid Fund holds 1,105,248 shares, representing 0.69% of the total shares[15] - Total equity attributable to owners of the parent company decreased to RMB 1.51 billion in Q3 2024, down from RMB 1.56 billion at the end of 2023[20] - Shareholders' equity decreased to 1,468,235,141.68 yuan in 2024 from 1,542,611,198.83 yuan in 2023[28] Assets and Liabilities - Total assets as of Q3 2024 stood at RMB 1.64 billion, slightly lower than RMB 1.66 billion at the end of 2023[19] - Total liabilities increased to RMB 120.77 million in Q3 2024, up from RMB 100.79 million at the end of 2023[19] - Total assets decreased to 1,604,426,458.90 yuan in 2024 from 1,654,036,494.52 yuan in 2023[28] - Total liabilities increased to 136,191,317.22 yuan in 2024 from 111,425,295.69 yuan in 2023[28] - Inventory increased to 215,081,757.41 yuan in 2024 from 191,365,557.42 yuan in 2023[26] Earnings and Expenses - Basic earnings per share for the first three quarters of 2024 were RMB 0.58, compared to RMB 0.75 in the same period of 2023[23] - Other comprehensive income showed a loss of RMB 568,382.96 in the first three quarters of 2024, compared to a gain of RMB 872,065.34 in the same period of 2023[22] - Interest income decreased to 28.19 million RMB in 2024, down 5.4% from 29.78 million RMB in 2023[31] Exchange and Other Impacts - Exchange losses increased by RMB 3.43 million year-on-year in the first nine months of 2024, impacting net profit[10] - Operating costs increased to 140.19 million RMB in 2024, up 9.8% from 127.67 million RMB in 2023[29]