Financial Performance - Revenue for Q3 2024 reached ¥182,031,978.48, an increase of 16.12% compared to the same period last year[2] - Net profit attributable to shareholders was ¥7,931,376.44, a decrease of 4.70% year-on-year[2] - Net profit excluding non-recurring items was ¥5,719,640.98, down 16.81% from the previous year[2] - The company's net profit attributable to shareholders decreased to RMB 257,222,275.56 from RMB 313,128,065.97 in the previous period[13] - Net profit for Q3 2024 was 94,209.59 CNY, a stark contrast to the previous year's net profit of 48,772,514.39 CNY, reflecting a major shift in profitability[15] - The company's operating profit for Q3 2024 was -2,968,453.11 CNY, a significant decline from 52,762,403.37 CNY in the same period last year, indicating a downturn in operational performance[15] Cash Flow and Assets - Cash flow from operating activities for the year-to-date was ¥56,170,945.76, a decline of 34.53% compared to the same period last year[2] - Current assets totaled RMB 1,370,310,632.18, a decrease of 6.9% from RMB 1,472,955,472.80 in the previous period[12] - Non-current assets increased to RMB 504,029,865.10, up 13.5% from RMB 444,311,090.80 in the previous period[12] - Cash and cash equivalents at the end of Q3 2024 were 612,106,616.52 CNY, down from 844,112,832.76 CNY at the end of Q3 2023, reflecting a decrease of approximately 27.5%[17] - The net cash flow from operating activities decreased to 56,170,945.76 CNY from 85,796,211.48 CNY, representing a decline of about 34.5%[16] - Investment activities resulted in a net cash outflow of -178,613,189.80 CNY, compared to -78,923,629.57 CNY in the previous year, indicating increased investment expenditures[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,608[6] - The largest shareholder, Wang Chengming, holds 15.83% of the shares, totaling 31,669,430 shares[6] - The second-largest shareholder, Chen Zhanlun, holds 9.86% of the shares, totaling 19,716,218 shares[6] - The third-largest shareholder, Shanghai Yinshengyu Enterprise Management Consulting Partnership, holds 9.76% of the shares, totaling 19,519,430 shares[6] - The total number of restricted shares at the beginning of the period was 152,578,367, with 81,193,237 shares released during the period[9] - The total number of unrestricted shares at the end of the period is 71,385,130[9] - The company has a significant number of shares held by major shareholders that are subject to lock-up agreements, with specific release dates noted[9] - The company has seen changes in its top 10 shareholders due to the transfer and return of shares in margin trading[7] - The total number of shares held by the top 10 unrestricted shareholders is 71,385,130, which represents a significant portion of the total share capital[8] - The company has a diverse shareholder base, including both individual and institutional investors[6] Expenses and Costs - Sales expenses increased by 33.76% to ¥7,121,582.87 year-to-date[5] - Total operating costs increased to RMB 507,530,179.06, up 5.4% from RMB 479,607,345.13 in the previous period[14] - The company incurred management expenses of 18,348,153.10 CNY, a reduction from 19,983,058.05 CNY in the previous year, indicating cost control efforts[15] - Research and development expenses were 21,046,089.65 CNY, down from 23,425,454.40 CNY, suggesting a potential slowdown in innovation[15] Investment and Income - Investment income surged by 486.16% to ¥634,255.50 compared to the same period last year[5] - The company reported total operating revenue of RMB 505,042,975.27 for the current period, a decrease of 4.5% compared to RMB 529,600,538.61 in the previous period[14] - The company received government subsidies amounting to RMB 9.0376 million, representing 0.58% of the net assets attributable to shareholders as of the last audited fiscal year[10] - Cash dividends of RMB 56 million were distributed to shareholders, with a payout of RMB 2.8 per 10 shares based on a total share capital of 200 million shares[10] - The company reported a significant increase in interest income to 12,542,152.58 CNY from 1,880,755.67 CNY, highlighting improved financial management[15]
蓝箭电子(301348) - 2024 Q3 - 季度财报