天微电子(688511) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥29,361,145.54, a decrease of 9.33% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥4,917,777.49, down 49.60% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was ¥3,209,396.72, a decrease of 46.57% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was ¥0.0480, a decline of 61.36% year-on-year[3] - The company reported a significant decline in net profit for the year-to-date, down 83.09% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2024 was CNY 74,196,325.50, a decrease of 23.9% compared to CNY 97,552,247.24 in the same period of 2023[15] - Net profit for the third quarter of 2024 was CNY 6,306,470.69, a significant decline from CNY 37,289,176.77 in the same quarter of 2023, representing a decrease of 83.1%[16] - The total comprehensive income attributable to the parent company for Q3 2024 was CNY 6,306,470.69, a decrease from CNY 37,289,176.77 in Q3 2023[17] - Basic and diluted earnings per share for Q3 2024 were CNY 0.0614, down from CNY 0.4745 in Q3 2023[17] Research and Development - The total R&D investment for Q3 2024 was ¥5,520,027.88, a decrease of 13.60% compared to the same period last year[3] - The R&D investment accounted for 18.80% of operating revenue in Q3 2024, a decrease of 0.93 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2024 were CNY 16,245,870.39, up from CNY 12,521,333.63 in 2023, indicating a year-over-year increase of 29.0%[15] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥944,415,027.24, a decrease of 1.30% compared to the end of the previous year[3] - The company's total assets decreased to CNY 944,415,027.24 from CNY 956,810,991.80, a reduction of 1.3%[14] - Non-current assets increased to CNY 115,888,256.98 from CNY 103,243,953.96, marking an increase of 12.5%[14] - The total liabilities decreased to CNY 99,288,425.79 from CNY 104,941,297.66, a decline of 5.5%[14] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥7,808,312.87, down 39.88% year-on-year[3] - Cash inflow from operating activities for the first three quarters of 2024 was CNY 84,972,856.28, compared to CNY 92,933,201.59 in the same period of 2023, representing a decrease of approximately 8.5%[18] - Net cash flow from operating activities for Q3 2024 was CNY 7,808,312.87, down from CNY 12,986,831.26 in Q3 2023[19] - Cash inflow from investment activities for the first three quarters of 2024 was CNY 1,217,111,837.13, compared to CNY 1,426,732,389.69 in the same period of 2023[19] - Net cash flow from investment activities for Q3 2024 was CNY 33,604,209.07, a significant improvement from a negative CNY 109,531,711.07 in Q3 2023[19] - Cash flow from financing activities for Q3 2024 resulted in a net outflow of CNY 26,882,253.73, compared to a net inflow of CNY 9,575,085.77 in Q3 2023[19] - The ending balance of cash and cash equivalents as of Q3 2024 was CNY 164,432,633.49, an increase from CNY 52,547,310.26 at the end of Q3 2023[20] - The company reported a cash inflow of CNY 11,743,504.07 from other operating activities in Q3 2024, up from CNY 6,645,309.36 in Q3 2023[18] - Total cash outflow from operating activities for Q3 2024 was CNY 77,164,543.41, slightly down from CNY 79,946,370.33 in Q3 2023[19] Operational Challenges - The company experienced a decrease in government subsidies and an increase in asset impairment losses, impacting overall profitability[6] - The company faces potential delisting risk if its annual operating revenue falls below CNY 100 million and incurs losses, as per the Shanghai Stock Exchange regulations[10] - The chairman of the company is under investigation, which may impact the company's operations and investor confidence[10] - The company primarily generates revenue from military product sales, particularly in the defense industry, which is subject to fluctuations based on client production plans[10] - The company has not disclosed any significant new product developments or market expansion strategies in the current report[10] - There were no changes in the shareholding structure of the top ten shareholders, indicating stability in ownership[9] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[15]