沪硅产业(688126) - 2024 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2024 reached CNY 90,915.79 million, an increase of 11.37% year-on-year[2] - The net profit attributable to shareholders was CNY -14,790.94 million, a decrease of 687.94% compared to the same period last year[2] - The basic earnings per share for Q3 2024 was CNY -0.054, reflecting a decrease of 700% compared to the same period last year[2] - The net profit attributable to shareholders for the year-to-date period was CNY -53,646.27 million, a decrease of 352.40% compared to the previous year[2] - The company reported a net loss of CNY 720,377,356.02 for the first three quarters of 2024, contrasting with a profit of CNY 210,745,863.59 in the same period of 2023[17] - The net profit attributable to the parent company for Q3 2024 was -536,462,707.25 RMB, compared to a profit of 212,542,954.70 RMB in Q3 2023, indicating a significant decline[18] - The total comprehensive income for Q3 2024 was -2,172,415,111.33 RMB, compared to 451,832,278.28 RMB in Q3 2023, reflecting a substantial decrease[18] - Net profit for the first three quarters of 2024 was CNY -47,452,920.19, compared to CNY 139,454,867.98 in the same period of 2023, indicating a significant loss[24] Cash Flow and Liquidity - The company reported a cash flow from operating activities of CNY -60,412.77 million year-to-date, indicating challenges in cash generation[2] - Cash flow from operating activities for the first three quarters of 2024 was -604,127,664.82 RMB, worsening from -175,492,292.63 RMB in the same period of 2023[19] - Cash inflow from operating activities totaled 2,936,179,752.26 RMB in the first three quarters of 2024, up from 2,763,833,397.65 RMB in 2023[19] - The total cash and cash equivalents at the end of Q3 2024 were 2,887,866,791.14 RMB, down from 3,580,209,950.24 RMB at the end of 2023[20] - The cash and cash equivalents at the end of Q3 2024 were not specified but are critical for assessing liquidity[15] - The company received cash from sales of goods and services amounting to 2,639,142,543.70 RMB in the first three quarters of 2024, compared to 2,469,879,173.12 RMB in 2023[19] Research and Development - The R&D investment totaled CNY 8,456.52 million, accounting for 9.30% of revenue, an increase of 1.07 percentage points year-on-year[3] - Research and development expenses for the first three quarters of 2024 were CNY 208,085,701.80, compared to CNY 175,241,771.59 in the same period of 2023, indicating a 18.76% increase[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,912,028.34 million, a slight increase of 0.30% from the end of the previous year[3] - Total assets as of the end of Q3 2024 amounted to CNY 29,120,283,404.69, slightly up from CNY 29,031,755,835.74 at the end of Q3 2023[15] - Total liabilities increased to CNY 9,544,301,454.71 in Q3 2024, compared to CNY 8,526,434,365.02 in Q3 2023[15] - The company’s total equity decreased to CNY 19,575,981,949.98 from CNY 20,505,321,470.72 year-over-year, reflecting a decline in shareholder value[15] - The total equity of the company decreased from CNY 10,269,939,544.14 to CNY 10,112,940,889.38, a decline of approximately 1.5%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,468[8] - The largest shareholder, National Integrated Circuit Industry Investment Fund Co., Ltd., holds 567,000,000 shares, accounting for 20.64% of the total shares[9] - The second-largest shareholder, Shanghai Guosheng Group Co., Ltd., holds 546,000,000 shares, representing 19.87% of the total shares[9] - The company has no pledged shares among its top shareholders[10] - There are no significant changes in the shareholding structure due to margin trading activities[11] Operating Performance - The company experienced a significant increase in sales volume, with a year-on-year growth of nearly 40%[7] - Total operating revenue for the first three quarters of 2024 reached CNY 2,478,562,227.86, an increase of 3.66% compared to CNY 2,390,165,982.90 in the same period of 2023[16] - Total operating costs for the first three quarters of 2024 were CNY 3,259,957,321.08, up from CNY 2,387,740,038.97 in 2023, reflecting a significant increase[17] - Operating profit for the first three quarters of 2024 was a loss of CNY 719,376,908.93, compared to a profit of CNY 210,809,233.82 in the same period of 2023[17] Investment Activities - Cash outflow from investing activities reached 12,401,873,467.62 RMB in the first three quarters of 2024, compared to 9,669,265,163.95 RMB in 2023[20] - The net cash flow from investing activities was -3,409,114,586.11 RMB for the first three quarters of 2024, compared to -2,081,484,814.39 RMB in 2023[20] - The total cash inflow from investment activities in the first three quarters of 2024 was 5,993,528,179.52 RMB, compared to 3,350,374,451.24 RMB in 2023, representing an increase of approximately 78.5%[28] - The total cash outflow from investment activities increased to 6,688,489,315.00 RMB in 2024, up from 3,807,906,955.79 RMB in 2023[28] Financial Ratios - The weighted average return on equity was -1.13% for the reporting period, a decrease of 1.30 percentage points[2] - Financial expenses increased significantly from CNY -2,924,769.14 to CNY 15,868,436.15, reflecting a change of over 600%[24] - The company reported a significant increase in interest expenses, rising from CNY 13,906,155.53 to CNY 45,915,451.48, an increase of approximately 230%[24]