Sansec(SH:688489)2024-10-30 09:44Financial Performance - The company's operating revenue for Q3 2024 was ¥85,333,364.04, representing a decrease of 35.66% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2024 was ¥452,588.61, a decline of 98.47% year-on-year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥5,438,582.82, down 122.85% compared to the same period last year[2] - The basic earnings per share for Q3 2024 were ¥0.0043, a decrease of 98.34% year-on-year[2] - The net profit for Q3 2024 was CNY 15,336,680.26, a decrease of 65.5% compared to CNY 44,624,598.90 in Q3 2023[23] - Operating profit for Q3 2024 was CNY 4,075,386.70, down 90.3% from CNY 41,959,587.51 in Q3 2023[23] - The total comprehensive income for Q3 2024 was CNY 15,336,680.26, a decrease of 65.5% compared to CNY 44,624,598.90 in Q3 2023[24] Research and Development - The total R&D investment for the period was ¥28,262,104.57, with R&D expenses accounting for 33.12% of operating revenue, an increase of 3.59 percentage points year-on-year[3] - Research and development expenses increased to CNY 81,211,416.54, up 16.5% from CNY 69,742,299.42 in the same period last year[23] Shareholder Information - The company had a total of 5,473 common shareholders at the end of the reporting period[8] - Major shareholders include Jiangxi Yurun Lida Investment Management Co., holding 9,671,800 shares (8.46%), and China Internet Investment Fund, holding 7,081,340 shares (6.19%)[10] - The company plans to repurchase shares using between RMB 40 million and RMB 80 million, with a maximum repurchase price of RMB 73.33 per share[14] - As of the report date, the company has repurchased a total of 2,378,000 shares, accounting for 2.08% of the total share capital, with a total expenditure of RMB 79,956,973.56[16] - The company intends to distribute a cash dividend of RMB 2.00 per 10 shares, totaling RMB 22,527,908.00, with no stock dividends or capital reserve transfers planned[15] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,020,012,697.92, down 2.85% from the end of the previous year[3] - The company's total assets amounted to RMB 2,020,012,697.92, a decrease from RMB 2,079,328,654.54, indicating a decline of approximately 2.9%[20] - Total liabilities increased to RMB 183,184,783.30 from RMB 159,404,083.64, reflecting a rise of about 14.9%[20] - The company's retained earnings decreased to RMB 228,914,709.34 from RMB 237,280,754.25, showing a decline of about 3.1%[20] - The company reported a short-term loan of RMB 62,485,476.19, significantly higher than RMB 6,450,000.00 at the end of 2023, indicating increased reliance on debt financing[19] Cash Flow - The cash flow from operating activities for the first three quarters of 2024 was a net outflow of CNY 30,334,193.10, worsening from a net outflow of CNY 13,650,577.04 in the same period last year[25] - The net increase in cash and cash equivalents for the period was -CNY 335,180,200.99, down from a previous balance of CNY 951,864,356.94 to CNY 616,684,155.95 at the end of the period[26] - Cash and cash equivalents decreased to RMB 617,097,861.08 as of September 30, 2024, from RMB 955,185,831.24 at the end of 2023, indicating a reduction in liquidity[18] Operational Status - There are no significant changes in the operational status of the company during the reporting period[13] - The report indicates that the company has not received any audit opinions that would affect its financial statements[17] - The company has not disclosed any new product developments or technological advancements in this report[12] Revenue and Costs - Total revenue for the first three quarters of 2024 reached RMB 254,663,029.91, an increase of 7.8% compared to RMB 236,206,899.98 in the same period of 2023[21] - Total operating costs for the first three quarters of 2024 were RMB 258,635,336.05, up from RMB 203,720,377.37 in 2023, reflecting a significant increase in operational expenses[21] - Total revenue from sales of goods and services for the first three quarters of 2024 was CNY 283,860,224.92, compared to CNY 220,805,449.15 in the same period of 2023, representing a growth of 28.5%[25] Financial Expenses and Income - The company reported a significant increase in sales expenses, which rose to CNY 87,641,391.61, up 42.0% from CNY 61,709,366.45 in the previous year[23] - Investment income for Q3 2024 was CNY 5,846,949.25, compared to CNY 451,149.09 in Q3 2023, indicating a substantial increase[23] - The company recorded a financial expense of CNY -8,658,640.02, an improvement from CNY -20,482,760.04 in the same period last year[23]