景嘉微(300474) - 2018 Q3 - 季度财报

Financial Performance - Operating revenue for the period reached CNY 101,781,939.39, representing a 32.87% increase year-on-year[7] - Net profit attributable to shareholders decreased by 4.73% to CNY 36,401,794.06 compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses was CNY 35,887,879.15, down 4.42% year-on-year[7] - The basic earnings per share remained stable at CNY 0.14, with no change compared to the previous period[7] - The weighted average return on equity was 3.57%, a decrease of 0.60% from the previous year[7] - Revenue for the first nine months of 2018 was significantly impacted by a 51.86% increase in business tax and additional charges, totaling ¥5,385,649.34 compared to ¥3,546,342.05 in 2017[18] - Management expenses rose by 52.39% to ¥42,353,359.35, primarily due to stock incentive costs[18] - The total operating costs for Q3 2018 were ¥68,901,995.90, an increase of 47.7% compared to ¥46,610,406.72 in the same period last year[36] - The net profit for Q3 2018 was ¥36,401,794.06, a decrease of 4.2% from ¥38,207,218.73 in Q3 2017[38] - The total profit for the current period was ¥12,883,929.39, compared to ¥13,530,513.58 in the previous period, a decrease of about 4.8%[42] Assets and Liabilities - Total assets increased by 8.62% to CNY 1,260,390,856.19 compared to the end of the previous year[7] - Accounts receivable increased by 86.75% to CNY 362,810,723.59 due to sales growth[17] - Inventory rose by 37.79% to CNY 120,638,477.75 as a result of increased procurement[17] - Fixed assets surged by 887.23% to CNY 194,186,695.70 following the completion of the first phase of the research and production base[17] - Other non-current assets increased by 89.53% to CNY 33,376,651.15 due to increased expenditures on the next graphics processor project[17] - Total liabilities increased to ¥290,275,797.13, compared to ¥207,411,295.46 at the start of the period, marking an increase of 39.9%[34] - The company's total equity reached ¥986,448,908.64, up from ¥966,497,099.08, indicating a growth of 2.5%[35] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at CNY -11,338,498.93, a decrease of 10.77%[7] - Cash flow from investment activities improved by 74.03%, with a net outflow of ¥29,147,700.47 compared to ¥112,225,499.81 in the previous year[19] - Cash inflow from operating activities totaled ¥207.78 million, compared to ¥165.79 million in the previous period, reflecting a growth of 25.38%[51] - The net cash flow from financing activities was -29,373,797.37 CNY for Q3 2018, compared to 58,460,620.60 CNY in the same period last year[57] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,327[11] - The largest shareholder, Yu Lili, holds 39.93% of the shares, totaling 108,130,000 shares, which are pledged[11] - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[12] - The total number of restricted shares decreased from 3,396,000 to 2,820,370 due to the unlocking of shares[14] - The company’s major shareholders include China Construction Bank and Industrial and Commercial Bank of China, holding significant shares[12] Research and Development - Research and development expenses for Q3 2018 were ¥20,300,534.37, an increase of 42.8% from ¥14,229,383.98 in Q3 2017[36] - Research and development expenses increased to ¥12,664,260.80 from ¥9,343,593.02, reflecting a rise of approximately 35.0%[41] - The company’s next-generation graphics processing chip, JM7200, has completed the tape-out and packaging stages, with testing results meeting design requirements[20] Other Income and Expenses - Government subsidies recognized in the current period amounted to CNY 1,828,878.19[8] - Other income surged by 130.10% to ¥2,301,016.15, mainly from software tax refunds and project funding[18] - The company reported a dramatic increase in non-operating income, which rose by 1819.24% to ¥644,903.19 due to increased government subsidies[18] - The company's asset impairment losses increased to ¥13,714,606.25 from ¥9,539,447.31, representing a rise of approximately 43.3%[41]