敏芯股份(688286) - 2024 Q3 - 季度财报

Revenue Performance - In the first three quarters of 2024, the company achieved operating revenue of CNY 336.65 million, a year-on-year increase of 29.95%[2] - In Q3 2024, the company reported operating revenue of CNY 131.00 million, a year-on-year increase of 26.75% and a quarter-on-quarter increase of 11.52%[6] - The revenue from the pressure product line increased by 156.61% year-on-year, driven by the contribution of new micro differential pressure sensor products, which saw a revenue increase of 474.65% year-on-year[2] - Operating revenue for the current reporting period increased by 26.75%, driven by successful market expansion of new products and a recovery in the end market, resulting in a significant increase in sales volume[9] - Year-to-date operating revenue increased by 29.95%, attributed to the successful market expansion of new products and a recovery in the end market, leading to a notable increase in sales volume[9] - The company’s sales revenue from operating activities was CNY 377.18 million in the first nine months of 2024, up from CNY 303.04 million in the same period of 2023, an increase of 24.4%[20] Profitability and Loss - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was a loss of CNY 7.12 million, narrowing the loss by CNY 24.38 million year-on-year[6] - Net loss attributable to shareholders of the listed company decreased by 15.93 million RMB in the current reporting period, primarily due to increased operating revenue and an overall improvement in product gross margin[9] - Year-to-date net loss attributable to shareholders of the listed company decreased by 34.23 million RMB, mainly due to increased operating revenue and improved product gross margin[9] - Net profit for Q3 2024 was a loss of CNY 48.97 million, compared to a loss of CNY 83.25 million in Q3 2023, showing an improvement of 41.2%[19] - Total comprehensive loss for Q3 2024 was CNY -48.97 million, compared to CNY -83.25 million in Q3 2023, reflecting a reduction of 41.2%[20] Research and Development - The company's R&D investment reached CNY 58.33 million in the first three quarters, with a quarterly R&D expenditure of CNY 19.11 million, marking a historical high[3] - The proportion of R&D investment to operating revenue was 14.59%, a decrease of 4.91 percentage points compared to the same period last year[6] - Research and development expenses for Q3 2024 were CNY 58.33 million, slightly up from CNY 57.86 million in Q3 2023, indicating a year-over-year increase of 0.8%[19] - The company continues to focus on technological innovation and the development of new products and technologies to enhance its market position[3] Financial Position - The total assets at the end of the reporting period were CNY 1.19 billion, a decrease of 2.86% compared to the end of the previous year[6] - Current assets decreased to ¥577,126,203.26 as of September 30, 2024, down from ¥660,541,756.01 at the end of 2023, representing a decline of 12.6%[16] - Non-current assets totaled ¥613,288,627.05, an increase of 8.5% from ¥564,982,174.41 at the end of 2023[17] - The company's total assets decreased to ¥1,190,414,830.31 from ¥1,225,523,930.42, reflecting a decline of 2.9%[18] - The total equity attributable to shareholders decreased to ¥1,013,130,425.89 from ¥1,068,689,813.22, a decline of 5.2%[18] Cash Flow - Net cash flow from operating activities year-to-date showed a net outflow increase of 51.63 million RMB, primarily due to increased inventory purchases associated with expanded sales scale[9] - The company reported a net cash outflow from operating activities of CNY -74.20 million in Q3 2024, worsening from CNY -22.57 million in Q3 2023[21] - Cash inflow from investment activities was CNY 334.11 million in Q3 2024, down from CNY 461.32 million in Q3 2023, a decrease of 27.6%[21] - The company recorded a net cash outflow from investment activities of CNY -47.99 million in Q3 2024, compared to CNY -60.70 million in Q3 2023, showing an improvement of 21.0%[21] - The net cash flow from financing activities was -6,643,561.59 CNY, a decrease compared to 20,064,969.23 CNY in the previous period[23] - The total cash and cash equivalents at the end of the period were 100,611,077.32 CNY, down from 187,189,978.76 CNY at the end of the previous period[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,182[10] - The largest shareholder, Li Gang, holds 19.20% of the shares[11] - The company has not identified any related party relationships or concerted actions among the other shareholders[12] - As of September 30, 2024, the company has repurchased a total of 424,720 shares, accounting for 0.7588% of the total share capital, with a total payment of approximately 15.96 million RMB[14] - The company plans to repurchase shares using its own funds, with a total repurchase amount not less than 15 million RMB and not exceeding 25 million RMB, at a price not exceeding 82.80 RMB per share[13]