康鹏科技(688602) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 182,803,008.78, a decrease of 32.15% year-over-year[2] - Net profit attributable to shareholders was CNY -26,032,017.22, down 168.96% compared to the same period last year[2] - The net profit excluding non-recurring gains and losses was CNY -28,924,141.25, a decline of 348.64% year-over-year[2] - Total operating revenue for the first three quarters of 2024 was CNY 523,926,281.24, a decrease of 34.1% compared to CNY 794,853,975.43 in the same period of 2023[14] - Net profit for the third quarter of 2024 was a loss of CNY 17,696,526.96, compared to a profit of CNY 113,255,035.94 in the same quarter of 2023[15] - Basic earnings per share for the third quarter of 2024 were -CNY 0.03, compared to CNY 0.25 in the same quarter of 2023[16] - The total comprehensive income for the third quarter of 2024 was -CNY 17,902,776.04, compared to CNY 111,867,401.03 in the same quarter of 2023[16] Cash Flow - Cash flow from operating activities was CNY 12,454,161.83, down 74.14% year-to-date[2] - The net cash flow from operating activities for the first three quarters of 2024 is CNY 12,454,161.83, a decrease of 74.1% compared to CNY 48,166,018.02 in the same period of 2023[17] - Total cash inflow from operating activities decreased to CNY 508,548,531.44, down 24.7% from CNY 675,079,193.31 year-on-year[17] - Cash outflow from operating activities totaled CNY 496,094,369.61, a reduction of 20.9% compared to CNY 626,913,175.29 in the previous year[18] - Cash inflow from financing activities was CNY 169,000,000.00, down from CNY 996,188,475.00 in the previous year[18] - The net cash flow from financing activities was CNY -35,274,099.36, a significant decline compared to CNY 796,928,542.37 in the same period of 2023[18] - The total cash and cash equivalents at the end of the period stood at CNY 345,780,392.43, down from CNY 662,802,129.94 year-on-year[19] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,342,083,640.29, a 1.40% increase from the end of the previous year[3] - As of September 30, 2024, the company's total current assets amounted to RMB 1,910,153,825.79, a decrease from RMB 1,961,109,236.66 at the end of 2023, reflecting a decline of approximately 2.6%[11] - The cash and cash equivalents decreased significantly from RMB 1,302,056,727.95 to RMB 750,983,411.70, representing a decline of about 42.3%[11] - Total liabilities as of the end of the third quarter of 2024 amounted to CNY 546,629,289.45, an increase from CNY 512,283,417.08 at the end of the third quarter of 2023[13] - The company's total equity increased slightly to CNY 2,795,454,350.84 in the third quarter of 2024, compared to CNY 2,783,696,881.49 in the same period of 2023[13] - Short-term borrowings increased significantly from RMB 35,000,000.00 to RMB 93,500,000.00, which is an increase of about 167.1%[12] - The total liabilities increased, with accounts payable rising from RMB 44,062,397.34 to RMB 87,008,697.46, an increase of approximately 97.9%[12] Research and Development - R&D investment totaled CNY 24,054,866.17, representing 13.16% of revenue, an increase of 4.43 percentage points from the previous year[3] - Research and development expenses for the first three quarters of 2024 were CNY 64,315,336.59, a slight decrease from CNY 65,622,737.35 in the previous year[14] Market Conditions - The company experienced a 34.09% decline in revenue year-to-date due to market competition, despite an increase in product sales volume[6] - The company reported a significant drop in gross margin due to pricing pressures on most products sold during the reporting period[7] Investment Income - The company reported a significant increase in investment income, reaching CNY 47,469,233.95 in the first three quarters of 2024, compared to CNY 14,407,967.21 in the same period of 2023[14]