申昊科技(300853) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥37,705,085.28, representing a decrease of 52.03% compared to the same period last year[2] - The net profit attributable to shareholders was -¥49,287,734.98, a decline of 165.43% year-over-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥49,777,728.81, down 126.67% from the previous year[2] - The basic earnings per share for the period was -¥0.34, reflecting a decrease of 161.54% compared to the same period last year[6] - The company experienced a substantial decline in both revenue and net profit, indicating challenges in market conditions and operational performance[5] - The net profit for Q3 2024 was -120,735,313.58 CNY, compared to a net profit of 6,001,096.88 CNY in the same period last year[18] - Operating profit for Q3 2024 was -137,503,861.56 CNY, significantly lower than -1,333,021.74 CNY in Q3 2023[18] - Basic and diluted earnings per share for Q3 2024 were both -0.81 CNY, compared to 0.04 CNY in Q3 2023[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,863,157,032.83, a decrease of 6.63% from the end of the previous year[2] - The equity attributable to shareholders decreased to ¥983,677,615.28, down 16.04% from the end of the previous year[2] - Current assets totaled ¥1,116,687,371.35, a decrease of 16% from ¥1,329,880,009.09 in the previous quarter[14] - Non-current assets increased to ¥746,469,661.48, up from ¥665,618,028.20 in the previous quarter, representing a growth of 12.1%[14] - Total liabilities amounted to ¥874,149,033.10, an increase of 6.1% from ¥823,884,343.69 in the previous quarter[15] - The company's total assets decreased to ¥1,863,157,032.83 from ¥1,995,498,037.29, a decline of 6.6%[15] - The company's retained earnings decreased significantly to ¥155,210,555.86 from ¥302,524,962.69, a drop of 48.7%[15] Cash Flow and Investments - The net cash flow from operating activities was -¥72,108,419.30, an increase of 10.90% compared to the previous period[5] - Cash flow from operating activities showed a net outflow of -254,270.35 CNY, compared to -124,785,839.61 CNY in the previous year[20] - Investment activities resulted in a net cash outflow of -183,920,820.44 CNY, compared to -217,896,134.41 CNY in the same period last year[20] - The company's cash and cash equivalents decreased to ¥287,007,177.43 from ¥484,077,063.72, a decline of 40.7%[13] - The company reported a cash and cash equivalents balance of 286,988,177.43 CNY at the end of Q3 2024, down from 303,706,618.01 CNY at the end of Q3 2023[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,052[7] - The largest shareholder, Chen Rushen, holds 21.72% of the shares, totaling 31,921,920 shares[7] - The company repurchased 3,098,200 shares, accounting for 2.11% of the total share capital, with a total transaction amount of 60,639,369.00 RMB[12] - The maximum repurchase price was 38.29 RMB per share, with a minimum price of 13.62 RMB per share[11] - The company plans to use the repurchased shares for employee stock ownership plans or equity incentive plans[11] - The total number of restricted shares at the end of the period is 36,687,690, following the release of 4,770,300 restricted shares[8] - The company has no changes in the top 10 shareholders due to securities lending[8] Operational Insights - The company reported a significant decline in sales due to changes in downstream customer demand, particularly in the smart monitoring and control equipment market[5] - Total revenue for the third quarter was ¥74,295,930.94, a decrease of 75.7% compared to ¥305,263,102.88 in the same period last year[16] - Total operating costs for the quarter were ¥271,170,301.69, down 20% from ¥339,147,511.58 year-over-year[16] - Research and development expenses were ¥77,367,915.93, slightly down from ¥79,425,249.89 in the previous year[16] Financial Obligations - The company will pay interest on the convertible bonds on March 18, 2024, with a coupon rate of 0.5%[10] - A total of 310 convertible bonds were converted into 913 shares during the reporting period[10] - Financial expenses increased to 12,980,908.70 CNY from 6,451,549.47 CNY year-over-year, with interest expenses rising to 22,502,410.85 CNY[18] - The company experienced a significant increase in credit impairment losses, totaling 32,469,247.83 CNY, compared to a gain of -97,194.69 CNY in the previous year[18] Audit and Reporting - The company has not disclosed any new product developments or market expansion strategies in this report[9] - The company has not undergone an audit for the Q3 2024 report[21]