东芯股份(688110) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached ¥180,711,116.43, representing a year-on-year increase of 37.43%[7] - The net profit attributable to shareholders was -¥39,219,850.24, with a cumulative net profit of -¥130,340,932.14 for the year, indicating ongoing losses[5] - Total operating revenue for the first three quarters of 2024 reached ¥446,994,734.54, an increase of 20.4% compared to ¥371,132,731.90 in the same period of 2023[23] - The net loss for the first three quarters of 2024 was ¥136,504,575.76, slightly improved from a net loss of ¥142,215,246.54 in the same period of 2023[24] - The total comprehensive loss for the period was ¥135,350,704.00, compared to a loss of ¥153,391,172.30 in the previous year[25] - Basic and diluted earnings per share for the period were both -¥0.30, compared to -¥0.33 in the same period last year[25] Research and Development - Research and development expenses totaled ¥52,205,571.18 for the quarter, up 21.29% year-on-year, with R&D personnel increasing by 31.45% to 209[7] - The ratio of R&D expenses to revenue was 28.89%, a decrease of 3.84 percentage points compared to the previous year[5] - The company is focusing on independent R&D and expanding its product line, particularly in the integrated "storage, computing, and networking" field[7] - Research and development expenses rose to ¥157,971,113.28, compared to ¥126,777,885.21 in the previous year, reflecting a 24.6% increase[24] Assets and Liabilities - Total assets decreased by 5.82% from the previous year, amounting to ¥3,623,075,420.19[6] - The company's total liabilities increased to ¥191,298,603.44 from ¥153,988,595.29, representing an increase of about 24.1%[21] - Non-current assets decreased to ¥767,510,605.87 from ¥972,665,867.81, a reduction of approximately 21.1%[20] - The company's total equity attributable to shareholders decreased to ¥3,255,438,251.73 from ¥3,504,910,863.13 year-over-year[22] - The total cash and cash equivalents at the end of the period were 1,018,482,411.54, down from 1,910,159,625.14, showing a significant reduction in liquidity[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,048, with the largest shareholder holding 32.3% of the shares[12] - The largest shareholder, Dongfang Hengxin Group, holds 143,213,002 shares, representing 32.3% of the total shares[12] - The second-largest shareholder, Suzhou Dongxin Kechuang Equity Investment Partnership, holds 22,500,000 shares, which is 5.09% of the total shares[12] - The company has repurchased a total of 8,725,033 shares, accounting for 1.97% of the total share capital of 442,249,758 shares, with a total expenditure of approximately RMB 200.24 million[15] - The company plans to repurchase shares with a total amount not less than RMB 100 million and not exceeding RMB 200 million, with a maximum repurchase price of RMB 27 per share[17] Cash Flow - Cash flow from operating activities was ¥444,622,792.78, a slight increase from ¥438,479,354.00 in the previous year[25] - The net cash flow from operating activities was -244,387,300.89, compared to -231,419,491.25 in the previous period, indicating a decline in operational cash flow[26] - Cash inflow from investment activities totaled 474,600,297.00, down from 576,846,628.43 in the previous period, reflecting a decrease in investment returns[26] - The net cash flow from financing activities was -136,325,217.42, worsening from -115,182,310.64 in the previous period, highlighting increased financial strain[27] Inventory and Receivables - Accounts receivable increased to RMB 101,508,284.57 from RMB 65,090,048.93, reflecting a growth of approximately 55.8%[20] - Inventory rose to RMB 918,052,453.39, up from RMB 756,515,402.65, indicating an increase of about 21.4%[20] Investment Activities - The company has invested RMB 200 million in Lishan Technology (Shanghai) Co., Ltd., with a pre-investment valuation of RMB 200 million[18] - The company has signed a shareholder agreement for the investment in Shanghai Lishan, with a total capital increase of RMB 328 million[18] - The company has paid the first installment of RMB 100 million for the investment in Shanghai Lishan as of September 27, 2024[18]