JIR(300516)2024-10-23 10:11Revenue and Profit - Revenue for Q3 2024 was CNY 92,400,206.23, a decrease of 45.03% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2024 was CNY 3,385,430.09, down 86.99% year-on-year[3] - Net profit excluding non-recurring items for Q3 2024 was CNY 29,721.75, a decline of 99.88% compared to the previous year[3] - Total operating revenue for Q3 2024 was ¥276,152,555.11, a decrease of 27.5% compared to ¥380,428,153.79 in the same period last year[13] - Net profit attributable to shareholders for Q3 2024 was ¥20,147,953.10, a decline of 53.5% from ¥43,254,701.53 in Q3 2023[15] - Basic and diluted earnings per share for Q3 2024 were both ¥0.1119, compared to ¥0.2403 in the same quarter last year, reflecting a decrease of 53.5%[15] Cash Flow and Financial Activities - Operating cash flow for the year-to-date period reached CNY 217,828,331.19, an increase of 346.21% year-on-year[3] - The company reported a significant increase in cash flow from operating activities due to higher cash receipts from sales compared to the previous year[7] - The net cash flow from operating activities for the current period is ¥217,828,331.19, a significant increase from ¥48,817,254.79 in the previous period, representing a growth of approximately 346%[17] - Total cash inflow from operating activities reached ¥553,698,013.54, compared to ¥437,409,998.98 in the previous period, indicating an increase of about 26.6%[17] - The cash outflow from operating activities decreased to ¥335,869,682.35 from ¥388,592,744.19, showing a reduction of approximately 13.6%[17] - The net cash flow from investing activities was -¥10,260,917.85, an improvement from -¥14,342,115.00 in the previous period, reflecting a decrease in cash outflow by about 28.5%[17] - The company received cash related to other financing activities amounting to ¥874,745.62, up from ¥563,784.23, which is an increase of about 55.1%[17] - The cash outflow for dividend distribution and interest payments was ¥63,360,000.00, compared to ¥22,500,000.00 in the previous period, indicating a significant increase of approximately 182.4%[17] - The total cash inflow from financing activities was ¥874,745.62, while the cash outflow totaled ¥64,531,888.48, resulting in a net cash flow from financing activities of -¥63,657,142.86[17] - The company reported a decrease in tax refunds received to ¥14,064,643.56 from ¥18,347,817.76, which is a decline of about 23.5%[17] - The cash inflow from other operating activities was ¥8,723,081.17, down from ¥36,479,311.86, reflecting a decrease of approximately 76.1%[17] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 1,737,366,198.26, a decrease of 0.52% from the end of the previous year[3] - The total assets decreased slightly to approximately ¥1.74 billion from ¥1.75 billion, a decline of 0.63%[11] - The total liabilities decreased to approximately ¥1.45 billion from ¥1.46 billion, a decline of 0.68%[11] - Shareholders' equity at the end of Q3 2024 was CNY 1,276,062,632.79, down 3.07% from the previous year[3] - The company's total liabilities and equity as of the end of Q3 2024 were ¥1,737,366,198.26, compared to ¥1,746,425,553.36 at the end of Q3 2023[12] - The total equity attributable to shareholders decreased to ¥1,276,062,632.79 from ¥1,316,424,231.75, a decline of 3.1%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,030[8] - The largest shareholder, Huazhong Optoelectronics Technology Research Institute, holds 58.25% of shares, totaling 104,850,000 shares[8] Inventory and Receivables - The company experienced a 99.61% decrease in notes receivable, primarily due to the maturity of notes during the reporting period[6] - Accounts receivable rose to approximately ¥617.05 million from ¥426.13 million, an increase of 44.83%[11] - Inventory increased to approximately ¥355.19 million from ¥276.29 million, reflecting a growth of 28.54%[11] - The company reported a significant increase in accounts payable, rising to approximately ¥390.06 million from ¥252.22 million, an increase of 54.73%[11] - The company’s accounts payable increased by 54.65% to CNY 390,064,362.01, attributed to higher material procurement costs[6] Research and Development - Research and development expenses for Q3 2024 amounted to ¥53,390,353.70, down 15.6% from ¥63,263,430.53 in the previous year[14] - The company is exploring new product development and market expansion strategies, although specific details were not disclosed in the report[9] Financial Expenses - The company’s financial expenses decreased by 53.89% to CNY -1,803,619.24, mainly due to reduced interest income compared to the previous year[7] - The company reported a financial expense of -¥1,803,619.24 in Q3 2024, an improvement from -¥3,911,472.83 in the previous year[14] - The company's deferred income tax liabilities increased to ¥132,876.02 from ¥111,055.69 year-over-year, reflecting a 19.5% increase[12]