RSIT(SH:688215)2024-10-28 07:54Financial Performance - Operating revenue for Q3 2024 was CNY 64,710,248.72, a decrease of 16.16% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was CNY 1,662,632.56, an increase of 190.00% year-on-year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was CNY 1,261,938.36, an increase of 301.41% year-on-year[2] - Basic earnings per share for Q3 2024 were CNY 0.03, an increase of 200.00% year-on-year[2] - Diluted earnings per share for Q3 2024 were also CNY 0.03, reflecting the same increase of 200.00% year-on-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 247,902,047.91, a decrease of 0.18% compared to CNY 249,352,225.58 in the same period of 2023[18] - Net profit for the first three quarters of 2024 was CNY 7,591,802.62, down 33.5% from CNY 11,390,283.43 in the same period of 2023[19] - The basic earnings per share for the first three quarters of 2024 were CNY 0.13, down from CNY 0.19 in the same period of 2023[20] Research and Development - Research and development expenses totaled CNY 6,978,570.96, accounting for 10.78% of operating revenue, an increase of 2.01 percentage points[4] - Research and development expenses for the first three quarters of 2024 were CNY 18,687,866.84, showing a minor decrease from CNY 18,796,679.89 in the same period of 2023[18] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 787,151,608.85, an increase of 5.94% compared to the end of the previous year[4] - The company's total liabilities increased to CNY 300,594,369.08 in Q3 2024, compared to CNY 260,029,066.35 in Q3 2023, reflecting a growth of 15.6%[17] - The total equity attributable to shareholders of the parent company reached CNY 455,839,839.34, slightly up from CNY 453,042,752.51 year-on-year[17] - As of September 30, 2023, total current assets amounted to 516,927,497.84 RMB, an increase from 466,461,098.31 RMB in the previous year[15] - Accounts receivable stood at 205,195,359.70 RMB, slightly up from 202,249,131.99 RMB year-on-year[13] - Inventory increased to 179,060,441.12 RMB from 154,362,460.28 RMB, indicating a growth of approximately 15.93%[15] - The total assets of the company reached 787,151,608.85 RMB, compared to 742,998,503.50 RMB in the previous year, reflecting a growth of about 5.93%[15] - Short-term borrowings rose to 116,148,257.62 RMB from 78,824,840.45 RMB, marking an increase of approximately 47.38%[15] Cash Flow - Cash flow from operating activities for the year-to-date was CNY -19,851,926.44, indicating a focus on improving accounts receivable collection[4] - The cash flow from operating activities for the first three quarters of 2024 was not detailed, but the overall financial health appears to be under pressure due to declining profits[20] - The net cash flow from operating activities for the first three quarters of 2024 was -19,851,926.44, compared to -20,851,623.08 in the same period of 2023, showing a slight improvement[22] - Total cash inflow from operating activities decreased to 246,392,185.08 in 2024 from 270,409,480.67 in 2023, representing a decline of approximately 8.9%[22] - Cash outflow from operating activities also decreased to 266,244,111.52 in 2024 from 291,261,103.75 in 2023, indicating a reduction of about 8.6%[22] - Cash inflow from financing activities increased significantly to 120,690,000.00 in 2024 from 73,638,161.21 in 2023, marking an increase of approximately 63.8%[23] - The net cash flow from financing activities improved to 44,987,162.04 in 2024 compared to 33,443,666.66 in 2023, reflecting an increase of around 34.5%[23] - The ending balance of cash and cash equivalents rose to 81,642,512.23 in 2024 from 61,862,309.65 in 2023, an increase of approximately 32.1%[23] - Cash received from other operating activities was 9,699,281.70 in 2024, slightly down from 9,876,930.51 in 2023[22] - The company reported a cash inflow from investment activities of 1,750.00 in 2024, compared to 10,146,319.44 in 2023, indicating a significant decrease[22] - The cash outflow for investment activities was 6,104,907.93 in 2024, down from 53,284,462.29 in 2023, showing a reduction of approximately 88.5%[22] Shareholder Information - The company reported a total of 3,403 common shareholders at the end of the reporting period[11] - The largest shareholder, Yuan Feng, holds 39.52% of the shares, amounting to 20,573,536 shares[11] - The company has not reported any significant changes in the participation of major shareholders in margin trading or securities lending activities[12] Other Information - The company reported a significant increase in net profit due to improved cost control and management of accounts receivable, despite increased financial expenses from exchange rate fluctuations[9] - The diluted earnings per share for the year-to-date period is -31.58 RMB, primarily due to a year-on-year decrease in net profit attributable to shareholders[10] - There are no other significant reminders regarding the company's operational performance during the reporting period[13] - The company has adopted new accounting standards starting in 2024, which may impact future financial reporting[24]