MDK(SH:688079)2024-10-29 09:17Revenue and Profitability - Revenue for Q3 2024 reached ¥126,405,090.62, an increase of 79.79% compared to the same period last year[2] - Net profit attributable to shareholders was -¥13,847,727.65, with a year-to-date net profit of -¥64,437,774.86[2] - The net profit for Q3 2024 was a loss of ¥67,733,952.86, slightly worse than the loss of ¥67,003,671.38 in Q3 2023[14] - The total operating revenue for the first three quarters of 2024 reached ¥341,670,247.32, an increase of 42% compared to ¥240,812,425.19 in the same period of 2023[13] - The total comprehensive income for Q3 2024 was a loss of ¥67,385,062.90, compared to a loss of ¥66,748,244.16 in Q3 2023[15] Research and Development - R&D investment totaled ¥25,769,451.00 in Q3 2024, accounting for 20.39% of revenue, a decrease of 11.54 percentage points year-on-year[3] - Research and development expenses increased to ¥76,365,917.87 in the first three quarters of 2024, compared to ¥57,553,518.39 in the same period of 2023, reflecting a growth of 32.7%[13] - The company has not disclosed any new product developments or technological advancements in this quarter[8] Assets and Liabilities - Total assets increased by 25.22% year-on-year, reaching ¥2,851,518,745.99[3] - The total liabilities as of Q3 2024 amounted to ¥1,420,286,958.63, a significant increase from ¥774,136,419.67 in Q3 2023[12] - The company's total equity decreased to ¥1,431,231,787.36 in Q3 2024 from ¥1,503,088,812.31 in Q3 2023, indicating a decline of approximately 4.8%[12] - The total current assets reached ¥455,137,799.07, compared to ¥292,916,815.91 at the end of 2023, marking a growth of approximately 55.5%[10] - Non-current assets totaled ¥2,396,380,946.92, up from ¥1,984,308,416.07, reflecting an increase of about 20.8%[10] Cash Flow - The company reported a net cash flow from operating activities of ¥46,975,614.85 year-to-date, a decrease of 46.73% compared to the previous year[5] - Operating cash inflow for the first three quarters of 2024 reached ¥528,364,470.62, an increase of 11.5% compared to ¥473,741,443.89 in the same period of 2023[17] - Cash received from sales and services amounted to ¥299,591,844.11, up from ¥258,833,331.45, reflecting a growth of 15.7% year-over-year[16] - Total cash outflow from operating activities increased to ¥481,388,855.77, compared to ¥385,563,274.34 in the same period last year, marking a rise of 24.9%[17] - The company reported a net increase in cash and cash equivalents of ¥65,768,816.12, contrasting with a decrease of ¥138,807,239.36 in the same period last year[19] Shareholder Information - The top shareholder, Lishui Meidike Investment Partnership, holds 41.16% of the shares, followed by Hong Kong Fengsheng Jiamei Investment Co., Ltd. with 9.20%[6] - The company held 3,414,336 shares in its repurchase account, accounting for 0.85% of total shares[8] - The company reported no significant changes in the participation of major shareholders in margin trading and securities lending activities[8] Financial Activities - Cash inflow from financing activities totaled ¥910,954,200.39, significantly higher than ¥387,997,000.00 in the same period last year[17] - Net cash flow from financing activities was ¥586,721,614.95, compared to ¥240,035,357.39 in the previous year, indicating a substantial increase[19] - The company received tax refunds amounting to ¥71,912,963.26, an increase from ¥41,958,152.79 in the previous year, reflecting a growth of 71.5%[16] Operational Insights - The company experienced a 41.88% increase in revenue year-to-date, driven by the gradual mass production of semiconductor acousto-optic products[5] - The company reported a financial expense of ¥15,770,512.34 for the first three quarters of 2024, down from ¥17,115,009.49 in the same period of 2023[13] - The company plans to continue investing in new technologies and market expansion strategies to enhance future growth prospects[14] - There are no significant reminders or additional important information regarding the company's operational status during the reporting period[8]