中科创达(300496) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was CNY 1,293,572,881.74, a decrease of 7.04% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was CNY 47,598,267.64, down 78.17% year-on-year[2] - The net profit after deducting non-recurring gains and losses was CNY 38,615,715.89, a decrease of 77.54% compared to the previous year[2] - The operating cash flow for the year-to-date period was CNY 464,820,341.75, down 14.71% year-on-year[2] - The company achieved a year-to-date revenue of CNY 3,694,282,198.21, a decrease of 4.7% year-on-year[6] - Total operating revenue for the third quarter was CNY 3,694,282,198.21, a decrease of 4.7% compared to CNY 3,876,395,409.01 in the same period last year[15] - The company reported a net profit margin of approximately 2.6% for the quarter, down from 10.8% in the previous year[15] - The net profit for Q3 2024 was CNY 154.92 million, a decrease of 69.8% compared to CNY 512.11 million in the same period last year[16] - Operating profit for Q3 2024 was CNY 183.91 million, down 65.5% from CNY 534.07 million year-over-year[16] - The total comprehensive income for Q3 2024 was CNY 148.39 million, a decrease of 68.4% from CNY 470.23 million year-over-year[16] Cost and Expenses - Total operating costs increased to CNY 3,599,494,035.19, up 4.1% from CNY 3,459,342,537.91 year-over-year[15] - Research and development expenses rose to CNY 784,341,617.98, reflecting an increase of 11.3% compared to CNY 704,525,238.33 in the previous year[15] Cash Flow and Assets - Cash and cash equivalents decreased to CNY 3,212,203,419.50 from CNY 4,626,971,533.38, a decline of 30.6%[12] - The net cash flow from operating activities was CNY 464.82 million, a decrease of 14.6% from CNY 545.02 million in the same period last year[18] - The cash and cash equivalents at the end of Q3 2024 were CNY 3.21 billion, down 32.7% from CNY 4.77 billion at the end of Q3 2023[19] - The company reported a net cash outflow from investing activities of CNY 1.67 billion, compared to a net outflow of CNY 330.66 million in the previous year[18] - Accounts receivable decreased to CNY 1,706,574,922.76 from CNY 1,888,060,477.83, a reduction of 9.6%[12] - Inventory increased to CNY 951,982,920.09, up 12.8% from CNY 844,458,014.56[12] - Non-current assets totaled CNY 5,111,827,613.89, an increase from CNY 3,795,265,677.18, reflecting a growth of 34.7%[13] - Total liabilities decreased to CNY 1,604,603,450.74 from CNY 1,703,924,966.42, a decline of 5.8%[14] - The company's total equity increased to CNY 9,826,229,852.19 from CNY 9,755,262,643.61, reflecting a growth of 0.7%[14] Shareholder Information - The major shareholder Zhao Hongfei holds 26.64% of the shares, totaling 122,351,063 shares, with 10,940,000 shares pledged[8] - The top 10 shareholders account for a total of 42.58% of the company's shares, with Zhao Hongfei being the largest shareholder[9] - The company has 91,763,297 shares under lock-up due to executive restrictions, which will be released at a rate of 25% annually[10] - The total number of restricted shares at the end of the period is 92,917,718, after a reduction of 239,605 shares[11] - The company has seen a change in the top 10 shareholders due to share lending activities, with no shares remaining unreturned at the end of the period[9] - The shareholding of the Industrial and Commercial Bank of China - Huatai-PB CSI 300 ETF is 7,293,177 shares, representing 1.59% of the total shares[9] - The shareholding of the Industrial and Commercial Bank of China - E Fund ChiNext ETF is 9,351,886 shares, representing 2.04% of the total shares[9] - The company maintains a stable shareholder structure with no significant changes in the top shareholders' participation in financing activities[9] Business Development - The company is actively expanding its global business and establishing overseas sales and R&D centers[6] - The company has not reported any new product developments or market expansions in the current quarter[11] - There are no new strategies or mergers and acquisitions mentioned in the report[11] Profitability Metrics - The weighted average return on equity was 0.49%, down 1.85% compared to the previous year[2] - Basic earnings per share for Q3 2024 were CNY 0.3309, down 75.0% from CNY 1.3230 in the same period last year[16] - The company recorded a decrease in other comprehensive income after tax of CNY 6.52 million, compared to a loss of CNY 41.88 million in the previous year[16] - The company received CNY 8.49 billion from investment recoveries, significantly up from CNY 3.24 billion in the previous year[18] Quarterly Comparison - The company reported a significant improvement in Q3 results compared to Q2, with a quarter-on-quarter revenue growth of 5.8%[6] - The gross profit margin for Q3 2024 was 35.82%, an increase of approximately 2 percentage points from the previous quarter[6]