佳华科技(688051) - 2024 Q3 - 季度财报

Financial Performance - Revenue for Q3 2024 was CNY 5,987.64 million, a decrease of 27.12% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2024 was a loss of CNY 186.12 million, with a year-to-date loss of CNY 3,136.74 million[2] - Operating profit for the third quarter was reported at RMB -30,068,050.00, an improvement from RMB -88,832,345.86 in the previous year[18] - Net profit for the third quarter was RMB -30,497,656.29, compared to RMB -91,526,187.73 in the same quarter of 2023, indicating a significant reduction in losses[18] - The net profit attributable to the parent company for Q3 2024 was -31,367,360.38 RMB, compared to -89,654,375.41 RMB in Q3 2023, showing an improvement[19] - The total comprehensive income attributable to the parent company for Q3 2024 was -30,497,656.29 RMB, compared to -91,526,187.73 RMB in Q3 2023[19] - The basic earnings per share for Q3 2024 was -0.41 RMB, an improvement from -1.16 RMB in Q3 2023[19] Research and Development - R&D investment for Q3 2024 totaled CNY 1,215.19 million, down 38.58% year-on-year, representing 20.30% of revenue, a decrease of 3.79 percentage points[4] - Research and development expenses decreased to RMB 36,199,922.79 from RMB 58,202,584.90, reflecting a reduction of approximately 37.8%[18] Assets and Liabilities - Total assets at the end of Q3 2024 were CNY 109,854.11 million, a decrease of 7.84% from the end of the previous year[4] - Non-current assets totaled RMB 482,907,422.97, slightly down from RMB 487,563,501.25 in the previous year[16] - Total liabilities amounted to RMB 311,342,344.68, down from RMB 375,117,262.37, indicating a decrease of about 17%[16] - The company's total assets were reported at RMB 1,098,541,073.54, a decrease from RMB 1,191,928,782.03[16] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -1,203.89 million[2] - Cash inflows from operating activities for the first nine months of 2024 were 232,346,936.45 RMB, compared to 210,029,561.47 RMB in the same period of 2023, reflecting a 10.9% increase[20] - Cash outflows from operating activities for the first nine months of 2024 totaled 244,385,861.45 RMB, down from 335,111,567.26 RMB in the same period of 2023, indicating a reduction of 27.1%[20] - The net cash flow from operating activities for the first nine months of 2024 was -12,038,925.00 RMB, an improvement from -125,082,005.79 RMB in the same period of 2023[20] - The net cash flow from investing activities for Q3 2024 was 104,471,371.56 RMB, compared to -33,273,220.80 RMB in Q3 2023, indicating a significant turnaround[21] - The net cash flow from financing activities for Q3 2024 was -34,850,984.08 RMB, compared to 11,691,660.88 RMB in Q3 2023, showing a decline[21] - The cash and cash equivalents at the end of Q3 2024 amounted to 111,748,484.53 RMB, up from 85,320,933.01 RMB at the end of Q3 2023[21] Shareholder Information - The top shareholder, Shanghai Baiyu Information Technology Co., Ltd., holds 31.63% of the shares, while the second-largest shareholder, Li Wei, holds 15.63%[11] - The company has no shareholders with pledged, marked, or frozen shares as of the reporting date[10] - The company has a total of 4,635 common shareholders at the end of the reporting period[9] - The company has not received any declarations regarding related party relationships or concerted action agreements among shareholders[11] Operational Efficiency - The company reported a decrease in credit impairment losses compared to the same period last year, contributing to a slight improvement in gross profit[7] - The company plans to focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[2] Current Assets - As of September 30, 2024, the company's cash and cash equivalents increased to ¥113,415,484.53 from ¥55,444,089.28 as of December 31, 2023, representing a growth of 104.5%[14] - Accounts receivable decreased to ¥377,508,633.34 from ¥404,496,410.58, a decline of 6.7%[14] - Total current assets decreased to ¥615,633,650.57 from ¥704,365,280.78, a reduction of 12.6%[14] - The company reported inventory of ¥43,805,176.12, down from ¥57,959,790.44, indicating a decrease of 24.4%[14] - The company’s long-term receivables decreased to ¥27,209,823.39 from ¥34,531,700.28, a decline of 21.4%[14] Operating Costs - Total operating revenue for the first three quarters of 2024 reached RMB 239,005,541.51, an increase of 10.2% compared to RMB 216,967,192.11 in the same period of 2023[16] - Total operating costs decreased to RMB 285,241,326.40 from RMB 306,857,265.12, representing a reduction of approximately 7%[16]