美芯晟(688458) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 was ¥94,093,665.78, a decrease of 16.34% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥16,228,618.88, reflecting a significant decline of 637.48% year-to-date[2][8]. - The basic earnings per share for Q3 2024 was -¥0.15, with a year-to-date figure of -¥0.29, reflecting a decline of 583.33%[4][7]. - The net profit for Q3 2024 was a loss of CNY 32,249,296.24, contrasting with a profit of CNY 6,000,043.83 in Q3 2023[19]. - In Q3 2024, the company reported a total comprehensive loss of CNY 33,254,426.33, compared to a comprehensive income of CNY 6,000,043.83 in the same period last year[20]. Research and Development - R&D investment for Q3 2024 totaled ¥39,858,941.44, an increase of 28.11%, with R&D expenses accounting for 42.36% of revenue[4][8]. - The company plans to continue enhancing R&D efficiency and optimizing product structure to align growth with R&D investment[8]. - Research and development expenses rose significantly to CNY 107,673,240.20, compared to CNY 71,825,410.69 in the previous year, reflecting a 49.9% increase[18]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥2,043,224,393.05, down 5.22% from the end of the previous year[4]. - The total liabilities increased to CNY 91,204,368.14, up from CNY 73,648,988.60, marking a rise of 23.8%[16]. - The equity attributable to shareholders decreased to CNY 1,952,020,024.91 from CNY 2,082,058,775.70, a decline of 6.3%[17]. - The company reported a significant increase in financial liabilities, with short-term borrowings and other liabilities contributing to the rise in total liabilities[16]. Cash Flow - The company reported a cash flow from operating activities of -¥50,617,346.88 year-to-date[4]. - Cash inflow from operating activities for the first three quarters of 2024 was CNY 335,087,057.54, an increase from CNY 219,220,363.84 in the same period of 2023[22]. - The net cash flow from operating activities for the first three quarters of 2024 was CNY -50,617,346.88, an improvement from CNY -182,871,722.85 in the previous year[22]. - The company’s cash and cash equivalents decreased, impacting liquidity and operational flexibility moving forward[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 5,374[9]. - The largest shareholder, Leavision Incorporated, holds 17,805,040 shares, representing 15.96% of total shares[10]. - The top ten shareholders hold a combined total of 56.73% of the shares[10]. Share Repurchase - The company repurchased a total of 1,428,412 shares, accounting for 1.2807% of the total share capital, with a total expenditure of approximately RMB 59.98 million[13]. - The company completed a second share repurchase of 2,440,303 shares, representing 2.1879% of total share capital, with a total expenditure of approximately RMB 59.83 million[13]. - The company plans to use repurchased shares for employee stock ownership plans and/or equity incentive plans[13]. - The maximum repurchase price for the shares is set at RMB 75.00 per share, with a total repurchase fund not less than RMB 30 million[13]. Market Challenges - The company faced challenges due to slow recovery in the semiconductor industry and competitive pressures in consumer electronics[8].