Leadmicro(SH:688147)2024-10-29 10:11Financial Performance - The company's operating revenue for Q3 2024 reached ¥757,297,423.44, representing an increase of 18.42% compared to the same period last year[2] - The net profit attributable to shareholders was ¥107,906,680.20, up 24.74% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥102,555,999.18, reflecting a significant increase of 47.88%[2] - The basic earnings per share for Q3 2024 was ¥0.24, up 26.32% compared to the same period last year[2] - The company's revenue for the first three quarters of 2024 reached ¥1,544,273,186.74, a significant increase of 51.1% compared to ¥1,021,562,591.18 in the same period of 2023[16] - Operating profit for the first three quarters of 2024 was ¥146,591,447.27, down from ¥171,487,711.14 in 2023, reflecting a decrease of 14.5%[16] - Net profit for the first three quarters of 2024 was ¥150,753,901.57, slightly lower than ¥155,070,282.29 in 2023, indicating a decrease of 2.0%[16] - The total comprehensive income for the third quarter of 2024 was approximately ¥150.75 million, compared to ¥155.07 million in the same period of 2023, reflecting a slight decrease[18] - Basic earnings per share for Q3 2024 were ¥0.33, down from ¥0.34 in Q3 2023, while diluted earnings per share also decreased from ¥0.34 to ¥0.32[18] Research and Development - Research and development expenses totaled ¥108,575,375.12 for the quarter, marking a 23.84% increase compared to the same period last year[3] - The company plans to continue expanding its R&D team and increasing investment in new product development to drive future growth[7] - Research and development expenses increased to ¥204,895,661.67 in 2024, up from ¥113,225,041.21 in 2023, representing an increase of 81.0%[16] Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥8,965,129,232.23, an increase of 18.24% from the end of the previous year[3] - Total assets as of the end of the third quarter of 2024 amounted to ¥8,965,129,232.23, compared to ¥7,582,005,963.29 at the end of the third quarter of 2023, an increase of 18.3%[14] - Total liabilities increased to ¥6,403,453,417.24 in 2024 from ¥5,237,535,596.78 in 2023, reflecting a growth of 22.2%[14] - The company's total equity reached ¥2,561,675,814.99, up from ¥2,344,470,366.51 in 2023, indicating an increase of 9.3%[14] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥991,331,760.70, a decline of 630.81% year-on-year[2] - Cash flow from operating activities for the first three quarters of 2024 was negative at approximately -¥991.33 million, compared to a positive cash flow of ¥186.76 million in the same period of 2023[19] - Cash inflow from operating activities totaled approximately ¥2.43 billion in the first three quarters of 2024, slightly up from ¥2.42 billion in the same period of 2023[19] - Cash outflow from operating activities increased significantly to approximately ¥3.43 billion in 2024, compared to ¥2.23 billion in 2023[19] - Net cash flow from investing activities was approximately ¥611.05 million in 2024, a significant recovery from a negative cash flow of -¥1.26 billion in 2023[20] - Cash inflow from financing activities reached approximately ¥1.65 billion in 2024, compared to ¥308.90 million in 2023[20] - The ending balance of cash and cash equivalents as of Q3 2024 was approximately ¥1.56 billion, up from ¥775.18 million at the end of Q3 2023[20] - The company's cash and cash equivalents as of September 30, 2024, amount to ¥1,647,937,246.91, an increase from ¥1,153,587,343.07 at the end of 2023[11] - The company's cash and cash equivalents decreased to ¥386,091,076.97 from ¥1,409,176,585.42, a decline of 72.6%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,245[8] - The largest shareholder, Wuxi Wanhaiying Investment Partnership, holds 232,581,624 shares, representing 50.82% of total shares[8] - The company has no significant changes in the top 10 shareholders or their participation in margin financing and securities lending[10] - The company has no related party transactions among the top shareholders[10] - The company has not engaged in any share lending or borrowing activities that would affect the shareholding structure[10] Operational Insights - The company attributed the increase in operating revenue to improved product technology and an increase in the number of customer-accepted equipment in the semiconductor and photovoltaic sectors[7] - There are no significant reminders for investors regarding the company's operational situation during the reporting period[11] - The company has not disclosed any new product developments or market expansion strategies in the current report[10] - The company has initiated new accounting standards effective from 2024, which may impact future financial reporting[20]