CRM(SH:688396)2024-10-30 08:34Revenue and Profit - Revenue for Q3 2024 increased by 8.44% year-on-year to CNY 7,471,668,387.31, while year-to-date revenue decreased by 0.77% compared to the same period last year[1]. - Net profit attributable to shareholders decreased by 21.31% year-on-year to CNY 499,305,653.52, with a year-to-date decline of 52.72%[1]. - Basic earnings per share fell by 21.54% year-on-year to CNY 0.3776, reflecting a 52.81% decrease year-to-date[1]. - Total operating revenue for the first three quarters of 2024 was CNY 7,471,668,387.31, a decrease of 0.77% compared to CNY 7,529,983,764.65 in the same period of 2023[14]. - Net profit for the first three quarters of 2024 was CNY 406,695,455.15, a decline of 60.91% compared to CNY 1,037,353,184.73 in the same period of 2023[15]. - The total comprehensive income attributable to the parent company's owners for Q3 2024 is CNY 499,305,653.52, compared to CNY 1,055,828,911.71 in Q3 2023, indicating a decrease of about 52.8%[17]. - The company reported a total comprehensive income of CNY 406,695,455.15 for Q3 2024, compared to CNY 1,036,887,050.08 in Q3 2023, reflecting a decline of approximately 60.8%[17]. Cash Flow - The net cash flow from operating activities for the quarter was CNY 1,113,594,759.00, down by 12.48% year-to-date[1]. - Cash inflow from operating activities for the first three quarters of 2024 is CNY 6,288,898,771.32, down from CNY 7,004,767,752.20 in the same period last year, a decrease of about 10.2%[18]. - Cash outflow from operating activities for Q3 2024 totals CNY 5,175,304,012.32, compared to CNY 5,732,384,874.88 in Q3 2023, indicating a reduction of approximately 9.7%[20]. - The net cash flow from operating activities for Q3 2024 is CNY 1,113,594,759.00, down from CNY 1,272,382,877.32 in Q3 2023, a decrease of about 12.5%[20]. - The net cash flow from investing activities for Q3 2024 is -CNY 3,699,780,134.45, compared to -CNY 4,834,358,474.82 in Q3 2023, showing an improvement of approximately 23.5%[20]. - The net cash flow from financing activities for Q3 2024 is -CNY 577,351,238.27, a significant decrease from CNY 2,215,145,760.75 in Q3 2023, indicating a change of approximately 126%[20]. - The ending cash and cash equivalents balance for Q3 2024 is CNY 8,568,221,727.35, down from CNY 11,407,245,340.61 at the end of Q3 2023, a decrease of about 25.5%[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,170,724,442.61, a slight decrease of 0.15% from the end of the previous year[2]. - The total assets as of the end of Q3 2024 were CNY 29,170,724,442.61, a slight decrease from CNY 29,215,259,820.18 at the end of Q3 2023[13]. - Total liabilities decreased to CNY 5,085,181,179.40 from CNY 5,584,810,626.00 year-on-year[13]. - The company's cash and cash equivalents decreased to CNY 13,276,596,361.11 from CNY 16,107,285,716.59 in the previous year[12]. - Long-term equity investments increased significantly to CNY 6,178,228,555.36 from CNY 3,921,669,863.78 year-on-year[12]. - The company's total equity increased to CNY 24,085,543,263.21 from CNY 23,630,449,194.18 in the previous year[13]. - The company reported a significant increase in fixed assets, which rose to CNY 6,959,894,940.74 from CNY 6,541,051,411.08 year-on-year[12]. Research and Development - Research and development (R&D) expenses totaled CNY 315,043,414.89 for the quarter, accounting for 11.62% of revenue, a decrease of 1.26 percentage points year-on-year[2]. - Research and development expenses for the first three quarters of 2024 were CNY 888,708,153.84, slightly up from CNY 868,869,073.73 in 2023[14]. - The company plans to continue increasing R&D investment to support major project layouts despite current industry cyclical adjustments[5]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 45,541[6]. - The top shareholder, China Resources Microelectronics Limited, holds 878,982,146 shares, representing 66.41% of the total shares[7]. - The second-largest shareholder, National Integrated Circuit Industry Investment Fund, holds 45,597,274 shares, accounting for 3.45%[7]. - The company has no reported changes in the participation of major shareholders in margin financing and securities lending activities[9]. - No significant changes were noted in the shareholder structure or the status of shares lent through margin financing[11].