乐鑫科技(688018) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥539,802,521.29, representing a year-on-year increase of 49.96%[6] - Net profit attributable to shareholders was ¥99,472,328.00, a significant increase of 340.17% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥85,271,234.88, up 492.15% year-on-year[6] - Revenue for the current reporting period increased by 49.96% due to rising demand in the home and emerging industries[19] - Net profit attributable to shareholders for the current reporting period surged by 340.17% driven by revenue growth and stable gross margins[19] - The net profit attributable to shareholders for the year-to-date period increased by 188.08% compared to the previous year[20] - The net profit excluding non-recurring gains and losses for the current reporting period rose by 492.15%[20] - Basic earnings per share for the current reporting period was 221.33 RMB, reflecting a significant increase from the previous year[20] - Total operating revenue for the first three quarters of 2024 reached CNY 1,460,014,787.31, a 42.2% increase from CNY 1,026,956,744.08 in the same period of 2023[29] - Net profit for the first three quarters of 2024 was CNY 251,896,811.45, compared to CNY 87,169,123.18 in the previous year, marking a significant increase[30] - The total comprehensive income for the period reached ¥254,423,582.12, compared to ¥98,732,318.70 in the previous period, indicating significant growth[32] - Basic and diluted earnings per share increased to ¥2.7167 from ¥1.0875, reflecting improved profitability[32] Expenses and Costs - Research and development expenses totaled ¥121,655,135.39, reflecting a year-on-year increase of 13.00%[6] - Operating costs for the same period were CNY 1,267,021,886.94, up 29.3% from CNY 979,767,456.32 year-on-year[29] - Research and development expenses amounted to CNY 340,337,504.96, an increase of 19% from CNY 285,845,604.96 in the previous year[29] - The company paid ¥333,162,079.80 in employee compensation, an increase from ¥284,929,089.27, reflecting higher operational costs[34] Cash Flow and Liquidity - Cash flow from operating activities showed a net inflow of ¥91,649,863.84, a decrease of 55.57% year-on-year[13] - The company reported a net cash flow from operating activities decrease of 55.57% due to increased cash payments for goods and services[20] - The cash flow from operating activities showed a positive trend, indicating improved liquidity and operational efficiency[30] - Cash inflows from operating activities amounted to ¥1,625,622,315.47, up from ¥1,141,494,673.71 in the same period last year, showing a growth of approximately 42.4%[33] - The net cash flow from operating activities was ¥91,649,863.84, down from ¥206,292,105.30, indicating a decrease in operational cash generation[34] - Cash inflows from investment activities totaled ¥483,455,730.52, a decrease from ¥1,690,729,203.93, reflecting reduced investment recovery[34] - The net cash flow from investment activities improved to ¥222,076,246.04 from a negative ¥89,938,394.27, indicating a positive turnaround[34] - The net cash flow from financing activities was negative at -¥167,473,165.63, compared to -¥30,863,608.63 in the previous year, indicating increased cash outflows[34] - The ending cash and cash equivalents balance was ¥593,684,583.23, up from ¥442,045,799.11, showing a strong liquidity position[35] Assets and Liabilities - The total assets at the end of the period were ¥2,487,530,021.16, representing a 12.87% increase from the end of the previous year[6] - As of September 30, 2024, the company's cash and cash equivalents increased to ¥598.30 million from ¥464.01 million as of December 31, 2023, representing a growth of approximately 28.9%[26] - Accounts receivable rose to ¥304.66 million, up from ¥251.64 million, indicating an increase of about 21%[26] - Inventory significantly increased to ¥481.99 million from ¥242.35 million, reflecting a growth of approximately 99%[26] - Total current assets reached ¥1.65 billion, compared to ¥1.22 billion at the end of 2023, marking an increase of around 35.7%[26] - Total liabilities increased to CNY 422,825,983.29, up from CNY 290,800,138.11 year-on-year[28] - The company's equity attributable to shareholders reached CNY 2,036,667,883.90, compared to CNY 1,913,000,227.74 in the previous year[28] - The increase in accounts payable to CNY 168,947,607.48 from CNY 79,841,809.45 indicates a potential increase in operational scale and supplier engagement[28] - The total amount of financial assets held decreased from ¥90.32 million to zero, indicating a strategic shift in asset management[26] Shareholder Information - The company maintains a strong shareholder base with the largest shareholder holding 40.12% of shares[21] - The company reported a total of 2,297,002 shares held in its repurchase account, accounting for 2.05% of the total share capital[23] - The top ten shareholders did not report any related party relationships or concerted action agreements as of the report date[23] - The company has not disclosed any significant changes in the participation of major shareholders in margin trading or securities lending activities[25] Future Outlook - The company plans to hold a performance briefing on October 23, 2024, to discuss Q3 results and address investor concerns[4] - The company aims for a revenue growth rate of 30-35% in the smart home and consumer electronics sectors for the current year[7] - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[30] - The report does not indicate any new product launches or significant technological advancements during the quarter[25] - The company has established a developer community that enhances product improvement and market competitiveness[14] - The number of GitHub ESP32 projects reached a total of 5,800, indicating strong developer engagement[15]