Leadyo(688135)2024-10-30 09:37Revenue and Profit Performance - Revenue for the third quarter was RMB 129.28 million, a decrease of 1.67% year-over-year[2] - Net profit attributable to shareholders was RMB -3.75 million, a decrease of 148.12% year-over-year[2] - Basic earnings per share for the third quarter was RMB -0.02, a decrease of 150.00% year-over-year[2] - Diluted earnings per share for the third quarter was RMB -0.01, a decrease of 125.00% year-over-year[2] - Weighted average return on equity (ROE) for the third quarter was -0.34%, a decrease of 1.01 percentage points year-over-year[2] - Operating revenue for the first three quarters of 2024 was 360,037,765.37 RMB, a decrease of 4.2% from 375,693,687.84 RMB in the same period last year[15] - Net profit for the first three quarters of 2024 was -10,188,330.30 RMB, a significant decline from 30,563,821.06 RMB in the same period last year[16] - Revenue for the first three quarters of 2024 was 327,869,205.81 RMB, down from 399,212,375.39 RMB in the same period last year[24] - Net profit for the first three quarters of 2024 was -31,405,525.22 RMB, a significant decline from 28,005,150.14 RMB in the same period last year[26] - Sales revenue from goods and services in the first three quarters of 2024 was 379.38 million yuan, a decrease of 8.03% compared to 412.48 million yuan in the same period of 2023[29] R&D and Operating Costs - R&D investment for the third quarter was RMB 18.75 million, accounting for 14.50% of revenue, an increase of 0.43 percentage points year-over-year[3] - Operating costs for the first three quarters of 2024 were 407,082,408.76 RMB, up 8.5% from 375,342,924.51 RMB in the same period last year[15] - R&D expenses increased to 57,721,494.68 RMB, up 9.0% from 52,942,172.25 RMB in the same period last year[16] - R&D expenses for the first three quarters of 2024 were 30,377,460.76 RMB, slightly lower than 32,622,589.47 RMB in the same period last year[26] Assets and Liabilities - Total assets at the end of the reporting period were RMB 2.70 billion, an increase of 30.29% compared to the end of the previous year[3] - Total assets increased to 2,702,571,706.65 RMB, up 30.3% from 2,074,242,043.92 RMB in the previous period[13] - Total liabilities rose to 1,519,868,061.81 RMB, a significant increase of 61.9% compared to 938,905,481.25 RMB[13] - Total equity attributable to owners of the parent company increased to 1,168,570,893.98 RMB, up 4.0% from 1,123,214,106.65 RMB[14] - Short-term borrowings decreased to 80,000,000.00 RMB, down 4.2% from 83,500,000.00 RMB[13] - Long-term borrowings increased to 460,008,111.43 RMB, up 33.6% from 344,423,599.32 RMB[13] - Total assets increased to 2,144,196,894.73 RMB, up from 1,699,261,026.13 RMB in the previous period[22] - Long-term equity investments rose significantly to 995,689,019.40 RMB, compared to 545,480,839.10 RMB previously[22] - Total liabilities increased to 983,382,604.77 RMB, up from 564,596,695.89 RMB[23] Cash Flow and Financial Expenses - Operating cash flow for the period was RMB 147.76 million, an increase of 15.09% year-over-year[2] - Financial expenses rose to 22,955,372.95 RMB, a significant increase of 112.9% from 10,779,181.95 RMB in the same period last year[16] - Cash received from sales of goods and services was 418,596,893.33 RMB, an increase from 375,571,642.49 RMB in the previous year[17] - Net cash flow from operating activities was 147,760,030.88 RMB, up from 128,384,337.89 RMB in the previous year[19] - Net cash flow from investing activities was -472,734,149.56 RMB, a decrease from -404,491,919.35 RMB in the previous year[19] - Net cash flow from financing activities was 625,299,336.29 RMB, a significant increase from 239,823,227.74 RMB in the previous year[20] - The company's cash and cash equivalents at the end of the period were 403,881,720.43 RMB, compared to 186,240,635.44 RMB at the end of the previous period[20] - Monetary funds at the end of the period were 184,535,519.32 RMB, a substantial increase from 44,981,016.08 RMB at the end of the previous year[21] - Accounts receivable at the end of the period were 162,413,693.62 RMB, slightly down from 173,440,508.28 RMB at the end of the previous year[21] - Inventory at the end of the period was 11,028,966.67 RMB, up from 9,973,143.40 RMB at the end of the previous year[21] - Total cash inflow from operating activities in the first three quarters of 2024 was 380.73 million yuan, a decrease of 9.6% compared to 421.13 million yuan in the same period of 2023[29] - Net cash flow from operating activities in the first three quarters of 2024 was 108.49 million yuan, a decrease of 19.22% compared to 134.32 million yuan in the same period of 2023[29] - Cash outflow for investment activities in the first three quarters of 2024 was 459.92 million yuan, an increase of 89.7% compared to 242.43 million yuan in the same period of 2023[30] - Net cash flow from investment activities in the first three quarters of 2024 was -458.69 million yuan, a decrease of 89.2% compared to -242.42 million yuan in the same period of 2023[30] - Total cash inflow from financing activities in the first three quarters of 2024 was 661.89 million yuan, an increase of 371.5% compared to 140.38 million yuan in the same period of 2023[30] - Net cash flow from financing activities in the first three quarters of 2024 was 489.79 million yuan, an increase of 2768.6% compared to 17.07 million yuan in the same period of 2023[30] - Net increase in cash and cash equivalents in the first three quarters of 2024 was 139.55 million yuan, compared to a net decrease of 90.94 million yuan in the same period of 2023[30] - Ending cash and cash equivalents balance as of September 2024 was 184.53 million yuan, an increase of 118.3% compared to 84.51 million yuan in the same period of 2023[30] Shareholder Information - Total number of ordinary shareholders at the end of the reporting period is 12,573[9] - Huang Jiang holds 59,948,510 shares, accounting for 29.93% of the total shares[9] - Qu Hao holds 7,181,680 shares, accounting for 3.59% of the total shares[9] - Huang Zhu holds 6,324,900 shares, accounting for 3.16% of the total shares[9] - Zhang Liping holds 6,205,887 shares, accounting for 3.10% of the total shares[9] - Xu Jiefeng holds 5,582,500 shares, accounting for 2.79% of the total shares[9] - Zhao Ji holds 5,000,000 shares, accounting for 2.50% of the total shares[9] - Zhao Jianping holds 4,300,000 shares, accounting for 2.15% of the total shares[9] - Hong Zhenhui holds 2,446,456 shares, accounting for 1.22% of the total shares[9] - Shenzhen Zeyuan Private Securities Fund Management Co., Ltd. - Zeyuan Pioneer No. 1 Private Securities Investment Fund holds 2,115,697 shares, accounting for 1.06% of the total shares[9] Non-Recurring Items and Comprehensive Income - Non-recurring gains and losses for the period amounted to RMB 269,084.53, primarily due to government subsidies and other non-operating income[5][6] - Comprehensive income for the period was -10,188,402.77 RMB, with a significant portion attributable to the parent company's owners at -12,198,697.61 RMB[17] - Total comprehensive income for the first three quarters of 2024 was -31,405,525.22 RMB, compared to 28,005,150.14 RMB in the same period last year[28] Profit Decline Reasons - The significant decrease in net profit was mainly due to increased fixed costs such as depreciation, amortization, labor, and electricity, as well as rising interest expenses from convertible bonds[7]