龙芯中科(688047) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was ¥88,193,733.22, representing a year-on-year increase of 2.05%[4] - The net profit attributable to shareholders was -¥104,629,563.54, with a year-to-date net profit of -¥342,759,507.16, indicating a significant loss[4] - The company experienced a 21.94% decrease in year-to-date operating revenue due to macroeconomic conditions and changes in sales strategy[8] - Total operating revenue for the first three quarters of 2024 was CNY 307,780,631.08, a decrease of 22% compared to CNY 394,307,074.71 in the same period of 2023[19] - The company reported a net loss of CNY 400,130,709.91 for the first three quarters of 2024, compared to a loss of CNY 258,865,994.50 in the same period of 2023[19] - The total revenue for the third quarter of 2024 was -400,173,288.36 CNY, compared to -259,010,542.07 CNY in the same period of 2023, indicating a significant increase in losses[20] - The net profit for the third quarter of 2024 was -342,759,507.16 CNY, worsening from -206,898,328.59 CNY year-over-year[20] - The basic earnings per share for the year-to-date period was -¥0.86, reflecting a decline due to reduced net profit[4] - The basic and diluted earnings per share for the third quarter of 2024 were both -0.86 CNY, compared to -0.52 CNY in the same quarter of 2023[20] - The total comprehensive income for the third quarter of 2024 was -343,764,307.46 CNY, compared to -200,698,771.00 CNY in the same period of 2023[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,727,057,659.15, down 9.36% from the end of the previous year[4] - Total current assets as of September 30, 2024, amounted to ¥2,814,783,343.80, a decrease from ¥3,267,446,188.98 as of December 31, 2023, representing a decline of approximately 13.8%[16] - Non-current assets totaled CNY 912,274,315.35, an increase from CNY 844,642,791.66 year-over-year[18] - Total liabilities decreased to CNY 516,001,754.34 from CNY 563,164,120.96, indicating a reduction of approximately 8.4%[18] - The company's total assets were CNY 3,727,057,659.15, down from CNY 4,112,088,980.64 in the previous year[18] Cash Flow - The company reported a net cash flow from operating activities of -¥266,296,220.73 year-to-date[4] - Cash flow from operating activities for the first three quarters of 2024 was -266,296,220.73 CNY, an improvement from -281,718,241.30 CNY in the same period of 2023[21] - Cash inflow from investment activities in the first three quarters of 2024 was 2,943,554,463.15 CNY, down from 4,685,028,755.37 CNY in 2023[21] - Cash outflow for investment activities in the first three quarters of 2024 was 2,866,627,191.97 CNY, compared to 4,876,750,155.24 CNY in 2023[22] - The net cash flow from investment activities for the first three quarters of 2024 was 76,927,271.18 CNY, a recovery from -191,721,399.87 CNY in the previous year[22] - The net cash flow from financing activities for the third quarter of 2024 was -110,210,389.37 CNY, contrasting with a positive flow of 128,427,646.24 CNY in the same quarter of 2023[22] - The ending cash and cash equivalents balance as of the third quarter of 2024 was 188,788,795.48 CNY, down from 351,329,616.10 CNY at the end of the same period in 2023[22] Research and Development - Research and development expenses totaled ¥119,360,184.31, accounting for 135.34% of operating revenue, a decrease of 8.39 percentage points compared to the previous year[4] - Research and development expenses for the first three quarters of 2024 were CNY 310,990,002.58, slightly increasing from CNY 309,293,553.64 in 2023[19] - The company continues to invest in new technologies and product development, as indicated by the sustained R&D expenditure despite financial losses[19] Shareholder Information - The number of shareholders holding more than 5% of shares includes Beijing Tiantong Xinyuan Technology Co., Ltd. with 21.56% and Beijing Zhongke Suanyuan Asset Management Co., Ltd. with 19.32%[10] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder owning 86,468,978 shares[10] - The company has not reported any significant changes in the shareholder structure due to securities lending activities[15] Other Financial Metrics - The weighted average return on net assets was -3.21%, a decrease of 0.46 percentage points from the previous year[4] - The total non-recurring gains and losses amounted to ¥5,659,178.59 for the current period[6] - Deferred income increased to CNY 175,358,627.36 from CNY 100,120,957.26, showing a growth of approximately 75%[18] - Cash and cash equivalents decreased to ¥213,023,795.48 from ¥498,368,134.40, reflecting a significant reduction of about 57.3%[16] - Inventory increased to ¥1,020,019,847.18 from ¥968,216,533.70, indicating a rise of approximately 5.4%[16] - Accounts receivable rose to ¥497,470,515.51 from ¥483,802,524.22, showing an increase of about 2.8%[16]