Anlogic(SH:688107)2024-10-29 11:52Financial Performance - The company's operating revenue for Q3 2024 was ¥178,779,903.75, a decrease of 5.14% compared to the same period last year, and a cumulative revenue of ¥496,228,919.51, down 16.29% year-on-year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥35,789,435.94, with a cumulative net profit of -¥157,939,950.90[2]. - The basic earnings per share for Q3 2024 was -0.0893, and the diluted earnings per share was also -0.0893[3]. - The net loss for the first three quarters of 2024 was CNY 158,008,762.41, compared to a net loss of CNY 137,988,386.45 in the same period of 2023[15]. - The net profit for the third quarter of 2024 was -157,939,950.90 RMB, compared to -137,826,989.43 RMB in the same period last year, indicating a decline of approximately 14.5%[16]. - The total comprehensive income for the third quarter of 2024 was -157,942,657.90 RMB, compared to -137,819,064.28 RMB in the previous year, reflecting a decrease of about 14.6%[16]. - The company's basic earnings per share for the third quarter of 2024 was -0.3940 RMB, compared to -0.3443 RMB in the same period last year, indicating a worsening performance[16]. Revenue and Costs - Total operating revenue for the first three quarters of 2024 was CNY 496,228,919.51, a decrease of 16.3% compared to CNY 592,782,381.24 in the same period of 2023[15]. - Total operating costs for the first three quarters of 2024 were CNY 684,255,026.89, down 10% from CNY 760,755,393.61 in the previous year[15]. - Research and development expenses totaled ¥93,182,469.82 in Q3 2024, accounting for 52.12% of operating revenue, a decrease of 3.12 percentage points year-on-year[3]. - Research and development expenses for the first three quarters of 2024 amounted to CNY 285,430,141.51, a decrease of 8.6% from CNY 312,255,101.19 in 2023[15]. Assets and Liabilities - Total assets at the end of Q3 2024 were ¥1,436,771,378.31, down 11.85% from the end of the previous year[3]. - Total assets decreased to CNY 1,436,771,378.31 in Q3 2024 from CNY 1,629,923,683.58 in Q3 2023, reflecting a decline of 11.8%[14]. - Total liabilities decreased to CNY 148,584,142.13 in Q3 2024 from CNY 184,657,573.09 in Q3 2023, a reduction of 19.5%[14]. - The company's total equity decreased to CNY 1,288,187,236.18 in Q3 2024 from CNY 1,445,266,110.49 in Q3 2023, a decline of 10.9%[14]. - Deferred income tax liabilities decreased to CNY 33,295,627.34 in Q3 2024 from CNY 52,559,949.35 in Q3 2023, a reduction of 36.6%[14]. Cash Flow - The net cash flow from operating activities improved due to stable supply chains and reduced inventory levels compared to the previous year[7]. - Cash flow from operating activities for the first three quarters of 2024 was -21,006,771.67 RMB, an improvement from -298,482,649.57 RMB in the same period of 2023[18]. - The net cash flow from financing activities in the third quarter of 2024 was -41,287,560.42 RMB, contrasting with a positive 124,780,591.70 RMB in the same quarter of the previous year[19]. - The cash and cash equivalents at the end of the third quarter of 2024 stood at 232,712,858.38 RMB, down from 242,501,255.02 RMB at the end of the previous year[19]. - The company reported cash received from sales and services of 401,772,242.15 RMB in the first three quarters of 2024, a decrease from 569,957,268.06 RMB in the same period of 2023, reflecting a decline of approximately 29.5%[18]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 10,444, with the top ten shareholders holding a combined 92.18% of shares[8]. - Huada Semiconductor Co., Ltd. is the largest shareholder, holding 116,691,243 shares, representing 29.11% of total shares[8]. - The top ten shareholders include state-owned and private entities, with a notable presence of investment funds[9]. - The company has not disclosed any significant changes in shareholder relationships or actions during the reporting period[10]. Other Information - The decrease in operating revenue was attributed to the ongoing destocking cycle of some terminal industry clients and uneven recovery in downstream market demand[6]. - The company aims to control expenses effectively, leading to a significant reduction in various expenditure items year-on-year[6]. - The company reported non-recurring gains of ¥9,769,299.40 for Q3 2024, with a cumulative amount of ¥34,277,257.42 year-to-date[5]. - The report does not indicate any new product launches or technological advancements during the quarter[11]. - The company reported a significant increase in other income to CNY 47,562,305.04 in 2024 from CNY 15,222,328.64 in 2023, representing a growth of 212.5%[15]. - The company’s financial expenses improved, showing a net financial income of CNY -1,487,181.34 in 2024 compared to CNY 2,280,314.75 in 2023[15]. - The company received tax refunds amounting to 512,446.19 RMB in the first three quarters of 2024, a significant decrease from 8,980,332.61 RMB in the previous year[18].