Infosec(SH:688201)2024-10-29 08:04Financial Performance - The company's operating revenue for Q3 2024 was ¥114,478,512.24, representing a decrease of 30.52% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was -¥15,554,879.23, a decline of 200.10% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥16,283,285.22, down 207.95% from the previous year[2] - Total operating revenue for the first three quarters of 2024 was CNY 300,132,472.91, a decrease of 12.4% compared to CNY 342,652,427.36 in the same period of 2023[16] - Net profit for the first three quarters of 2024 was a loss of CNY 44,809,325.61, compared to a loss of CNY 7,762,335.30 in the same period of 2023, indicating a significant decline in profitability[17] - The company reported a net loss attributable to shareholders of CNY 49,026,171.03 for the first three quarters of 2024, compared to a loss of CNY 12,251,022.24 in the same period of 2023[17] - The net profit for the third quarter of 2024 was a loss of CNY 13,102,581.00, compared to a loss of CNY 2,072,478.93 in the third quarter of 2023[25] Research and Development - The total R&D investment for Q3 2024 was ¥43,686,650.05, which accounted for 38.16% of operating revenue, an increase of 9.20 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2024 were CNY 133,507,187.37, a slight decrease from CNY 136,203,829.19 in 2023[16] - Research and development expenses for the third quarter of 2024 amounted to CNY 81,915,027.52, down 31.6% from CNY 119,628,562.01 in the same quarter of 2023[24] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥114,176,089.29, a decline of 58.97% compared to the same period last year[3] - Cash flow from operating activities showed a net outflow of CNY 67,497,892.64 in the first three quarters of 2024, worsening from a net outflow of CNY 38,200,916.80 in the same period of 2023[26] - Cash inflow from operating activities totaled CNY 199,936,428.17 in the first three quarters of 2024, down 10.5% from CNY 223,335,973.48 in the same period of 2023[26] - The net cash flow from financing activities was -20,721,227.16 RMB, compared to -17,426,814.50 RMB in the previous year, reflecting ongoing challenges in financing[19] - The net cash flow from financing activities was -38,285,909.09 CNY, compared to -40,317,040.98 CNY in the previous year[27] - The company reported a cash outflow of 32,169,713.72 CNY related to other financing activities[27] Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,486,099,199.71, a decrease of 6.27% compared to the end of the previous year[3] - The total assets of the company decreased to CNY 1.49 billion from CNY 1.59 billion[13] - The total liabilities decreased to CNY 163,765,064.98 in Q3 2024 from CNY 188,097,110.81 in Q3 2023[16] - The total liabilities increased to CNY 152,648,104.73 in Q3 2024 from CNY 146,208,872.29 in Q3 2023, reflecting a growth of 3.0%[24] - The total assets decreased to CNY 1,516,217,070.61 in Q3 2024 from CNY 1,553,187,124.32 in Q3 2023, reflecting a decrease of 2.4%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 10,601[8] - The largest shareholder, Li Wei, holds 75,857,933 shares, representing 23.92% of the total shares[9] Earnings Per Share - The basic earnings per share for Q3 2024 were -¥0.0490, a decrease of 167.49% year-on-year[3] - The diluted earnings per share for Q3 2024 were also -¥0.0490, reflecting a decline of 169.50% compared to the same period last year[3] - The basic earnings per share for the first three quarters of 2024 was -0.1551, compared to -0.0585 in the same period of 2023[17] Other Financial Metrics - The company reported a total of ¥728,405.99 in non-recurring gains for Q3 2024, with a year-to-date total of ¥1,867,807.41[5] - The company has a long-term equity investment of CNY 12.77 million, up from CNY 0.96 million[12] - The company reported a significant increase in sales expenses, which rose to CNY 45,724,472.99 in Q3 2024 from CNY 31,731,564.82 in Q3 2023, an increase of 44.0%[24] - The company paid 263,480,849.86 RMB in cash to employees, up from 231,515,559.57 RMB, reflecting increased labor costs[18]