SQM(688138)2024-10-30 10:56Financial Performance - The company's operating revenue for Q3 2024 was ¥265,857,585.85, representing a year-on-year increase of 6.19%[2]. - The net profit attributable to shareholders for Q3 2024 was ¥31,554,096.92, a decrease of 23.53% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥27,028,174.90, down 28.41% year-on-year[3]. - Total operating revenue for the first three quarters of 2024 reached CNY 826,752,506.10, an increase of 24% compared to CNY 667,766,245.92 in the same period of 2023[16]. - Net profit for the first three quarters of 2024 was CNY 120,461,836.72, up 27% from CNY 94,631,836.62 in the previous year[17]. - Earnings per share for the first three quarters of 2024 were CNY 0.45, compared to CNY 0.35 in the same period of 2023, reflecting a 28.57% increase[18]. Assets and Liabilities - The total assets at the end of Q3 2024 reached ¥2,596,139,980.84, an increase of 25.01% from the end of the previous year[3]. - The total assets of Shenzhen Qingyi Optoelectronics Co., Ltd. reached approximately RMB 2.60 billion as of September 30, 2024, compared to RMB 2.08 billion at the end of 2023, reflecting a growth of about 25.1%[11]. - Total liabilities increased to CNY 1,164,484,015.35 in Q3 2024, up from CNY 693,056,876.77 in Q3 2023, representing a growth of 68%[15]. - The company's long-term borrowings increased significantly to CNY 255,467,550.00 in Q3 2024 from CNY 77,836,637.22 in Q3 2023, reflecting a growth of 228%[15]. - The company's short-term borrowings surged to RMB 353.44 million from RMB 210.89 million, reflecting an increase of about 67.4%[13]. Cash Flow - The net cash flow from operating activities for the year-to-date period increased by 47.22% to ¥211,973,774.04[6]. - Cash flow from operating activities for the first three quarters of 2024 was CNY 892,589,128.18, compared to CNY 653,524,131.51 in the same period of 2023, indicating a 36.5% increase[19]. - Operating cash inflow totaled CNY 941,454,403.14, an increase from CNY 694,423,580.48 in the previous year, representing a growth of approximately 35.5%[20]. - The net increase in cash and cash equivalents for the period was CNY 133,683,407.07, contrasting with a decrease of CNY 34,170,735.23 in the previous year[21]. Research and Development - Research and development expenses totaled ¥13,944,293.74 in Q3 2024, accounting for 5.25% of operating revenue, an increase of 0.18 percentage points year-on-year[3]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 39,427,057.04, slightly up from CNY 37,785,564.43 in the previous year[16]. Shareholder Information - The total equity attributable to shareholders at the end of Q3 2024 was ¥1,431,655,965.49, reflecting a year-on-year increase of 3.47%[3]. - The company's total equity attributable to shareholders of the parent company was CNY 1,431,655,965.49 in Q3 2024, up from CNY 1,383,626,338.51 in Q3 2023, showing an increase of 3.5%[15]. - The company reported a total of 1,723,419 shares held in the repurchase account, accounting for 0.65% of the total share capital[10]. - The number of shares held by the top ten shareholders remained stable, with no significant changes reported in the borrowing or lending of shares[10]. Government Subsidies and Non-Recurring Gains - The company reported a government subsidy of ¥5,295,329.58 for Q3 2024, contributing to its non-recurring gains[4]. Operational Costs - The company's total operating costs for the first three quarters of 2024 were CNY 702,778,551.34, an increase of 21.6% from CNY 577,716,636.86 in the same period of 2023[16].