寒武纪(688256) - 2021 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2021 was ¥84,546,549.77, representing a year-on-year increase of 20.22%[3] - The net profit attributable to shareholders for Q3 2021 was -¥237,855,352.66, with a year-to-date net profit of -¥629,458,476.32[3] - Total operating revenue for the first three quarters of 2021 reached ¥222,418,738.96, a 41.2% increase from ¥157,529,957.92 in the same period of 2020[23] - The net loss for the first three quarters of 2021 was ¥629,475,854.02, worsening from a net loss of ¥309,512,213.85 in the same period of 2020[56] - The basic and diluted earnings per share for the first three quarters of 2021 were both -¥1.57, compared to -¥0.84 in the previous year[56] Research and Development - R&D expenses for Q3 2021 totaled ¥288,919,263.03, an increase of 85.45% compared to the same period last year[5] - The ratio of R&D expenses to revenue for Q3 2021 was 341.73%, an increase of 120.20 percentage points year-on-year[5] - Research and development expenses surged to ¥704,440,111.27, compared to ¥433,183,542.09, marking a 62.6% increase year-over-year[23] - The company plans to continue investing in R&D to drive future growth and innovation despite current financial challenges[22] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was -¥652,102,650.39, indicating a significant cash outflow[3] - Cash inflow from operating activities totaled 511,247,551.58 RMB, an increase from 423,054,742.84 RMB in the previous year, reflecting a growth of about 20.8%[25] - Cash outflow from operating activities increased to 1,163,350,201.97 RMB from 739,904,159.17 RMB, marking a rise of approximately 57.1%[25] - The ending cash and cash equivalents balance was 3,855,938,616.44 RMB, compared to 3,400,338,599.66 RMB at the end of the previous year, reflecting an increase of approximately 13.4%[26] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥6,731,869,954.04, a decrease of 7.90% from the end of the previous year[5] - Total liabilities decreased to ¥734,052,342.36 from ¥878,027,439.09, a reduction of 16.4%[21] - Non-current assets totaled ¥625,221,984.93 as of September 30, 2021, up from ¥432,235,767.54 at the end of 2020, indicating a growth of 44.7%[21] - The company's total assets amounted to ¥6,731,869,954.04, down from ¥7,309,528,671.66, reflecting a decline of 7.9%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 26,238, with the largest shareholder, Chen Tian Shi, holding 119,497,756 shares, representing 29.87%[10] - The top ten shareholders hold a combined total of 29.87% of shares, with the second-largest shareholder, Beijing Zhongke Suanyuan Asset Management Co., Ltd., holding 65,669,721 shares (16.41%)[10] - The company has no pledged, marked, or frozen shares among its top shareholders[10] - The company has not reported any related party transactions or agreements among its major shareholders[13] Government Subsidies - The company reported government subsidies of ¥95,997,464.21 for Q3 2021, contributing to non-operating income[6] - The net profit attributable to shareholders, excluding non-recurring gains and losses, for the current reporting period is a loss of CNY 356,002,743.47[35] Financial Reporting - The financial statements for the third quarter were not audited[34] - The company has not disclosed any new product developments or market expansion strategies in this report[34]