电光科技(002730) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 261,466,117.98, a decrease of 23.01% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 18,874,800.37, down 45.45% year-on-year[2] - Net profit excluding non-recurring items for Q3 2024 was CNY 18,609,251.28, a decrease of 37.32% compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 818,587,621.73, a decrease of 15.4% compared to CNY 967,289,813.30 in the same period last year[13] - Total operating costs for Q3 2024 were CNY 738,061,122.38, down 14.4% from CNY 862,127,632.94 year-over-year[13] - The total revenue for Q3 2024 was 74,741,928.22 CNY, a decrease from 94,273,489.02 CNY in Q3 2023, representing a decline of approximately 20.7%[14] - Net profit for Q3 2024 was 69,402,393.45 CNY, down from 88,742,018.45 CNY in the same period last year, indicating a decrease of about 21.7%[14] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 91,061,758.91, down 43.37% year-on-year[2] - Cash flow from operating activities for Q3 2024 was 685,469,389.49 CNY, compared to 776,477,302.88 CNY in Q3 2023, showing a decline of approximately 11.7%[16] - The company reported a significant decrease in cash and cash equivalents, down 31.11% to CNY 387,351,406.42[5] - Cash and cash equivalents decreased from RMB 562.31 million to RMB 387.35 million during the reporting period[11] - The ending balance of cash and cash equivalents was ¥382,011,467.21, down from ¥647,332,449.92 at the end of Q3 2023, a decrease of 41.1%[18] - The company’s cash and cash equivalents decreased by ¥160,574,172.15 during the quarter, compared to an increase of ¥226,969,796.98 in Q3 2023[18] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 2,615,569,853.99, an increase of 3.47% from the end of the previous year[2] - Total liabilities amounted to CNY 967,319,510.22, an increase of 5.3% from CNY 918,611,647.42[13] - The company's equity attributable to shareholders reached CNY 1,580,669,660.06, up from CNY 1,560,545,090.42, reflecting a growth of 1.3%[13] Shareholder Information - The total number of common shareholders at the end of the reporting period is 21,960[7] - The largest shareholder, Electric Light Technology Co., Ltd., holds 44.99% of the shares, totaling 162,900,000 shares[7] - Shareholders' equity attributable to the parent company was CNY 1,580,669,660.06, up 1.29% from the end of the previous year[2] Investments and Acquisitions - The company completed the acquisition of 100% equity in Huaxia Tianxin Intelligent IoT (Dalian) Co., Ltd., which is now included in the consolidated financial statements[10] - The company established a joint venture, Zhejiang Electric Light Cloud Technology Co., Ltd., with a registered capital of RMB 50 million, where the company holds a 65% stake[8] - A significant sales contract worth RMB 553.5 million was signed with Shanghai Wuwen Xinqun Intelligent Technology Co., Ltd., with a service period of 5 years[9] - The company plans to invest between RMB 100 million and RMB 130 million in its own stock within 6 months post-acquisition[10] Operational Metrics - The company experienced a 40.00% decline in basic earnings per share, which stood at CNY 0.06 for Q3 2024[2] - Research and development expenses for Q3 2024 were 49,488,817.70 CNY, compared to 57,052,437.09 CNY in Q3 2023, reflecting a reduction of approximately 13.2%[14] - Sales expenses for Q3 2024 were 144,846,222.72 CNY, down from 177,992,198.17 CNY in Q3 2023, a decrease of about 18.7%[14] - Management expenses for Q3 2024 were 49,911,960.66 CNY, compared to 52,901,464.56 CNY in Q3 2023, indicating a decrease of approximately 5.7%[14] - Financial expenses for Q3 2024 showed a net income of -2,533,132.35 CNY, an improvement from -5,501,240.27 CNY in Q3 2023[14] Accounts Receivable and Inventory - Accounts receivable increased from RMB 683.58 million to RMB 690.27 million[11] - Accounts receivable financing decreased to CNY 58,949,496.01 from CNY 81,975,983.43, a reduction of 28.0%[12] - Inventory increased to CNY 281,590,495.81, up 3.9% from CNY 272,248,420.76[12]