明微电子(688699) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 was ¥152,256,941.37, representing a decrease of 21.41% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2024 was -¥1,290,614.64, a significant increase of 68.95% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2024 was -¥5,779,692.29, reflecting a decrease of 45.05% compared to the previous year[2]. - Total operating revenue for the first three quarters of 2024 was CNY 442,848,864.93, a decrease of 12.57% compared to CNY 506,627,590.79 in the same period of 2023[15]. - Net profit for the third quarter of 2024 was CNY 5,552,498.39, a significant recovery from a net loss of CNY 84,385,910.74 in the same quarter of 2023[17]. - The total comprehensive income attributable to the parent company for Q3 2024 is CNY 5,438,791.55, a significant improvement from a loss of CNY 83,712,598.31 in the same period last year[18]. Research and Development - The total R&D investment for Q3 2024 was ¥28,272,653.87, accounting for 18.57% of operating revenue, an increase of 6.36 percentage points year-on-year[4]. - The company has increased its R&D investment to enhance operational efficiency and improve inventory management[7]. - Research and development expenses increased to CNY 83,754,286.26, up 27.00% from CNY 65,945,768.54 in the same period last year[17]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,485,619,360.00, a decrease of 5.78% from the end of the previous year[4]. - Total assets as of the end of the third quarter of 2024 were CNY 1,485,619,360.00, a decrease from CNY 1,576,783,244.45 at the end of the third quarter of 2023[15]. - Total liabilities amounted to CNY 249,515,918.89, slightly up from CNY 246,300,621.17 in the previous year[15]. Cash Flow - The net cash flow from operating activities for Q3 2024 was -¥23,921,190.39, with no applicable comparison[2]. - The net cash flow from operating activities for the first three quarters of 2024 is CNY -80,316,784.51, compared to CNY 139,130,321.70 in the previous year[20]. - Cash inflow from operating activities totaled CNY 197,570,260.26, down 57.0% from CNY 459,355,192.95 in the same period last year[20]. - Cash outflow from operating activities was CNY 277,887,044.77, a decrease of 13.2% compared to CNY 320,224,871.25 in the previous year[20]. - The net cash flow from investment activities is CNY 8,282,560.77, a recovery from a negative cash flow of CNY -303,405,407.17 in the same period last year[20]. Shareholder Information - The top ten shareholders hold a total of 44,942,501 shares, representing 40.83% of the total shares outstanding[8]. - The company has a repurchase account holding 3,540,024 shares, which accounts for 3.22% of the total share capital[11]. - The company’s major shareholder, Shenzhen Mingwei Technology Co., Ltd., holds 40.83% of the shares, controlled by Wang Lekang[9]. Inventory and Receivables - As of September 30, 2024, the total current assets amounted to RMB 922,101,764, a decrease from RMB 1,076,643,673.74 as of December 31, 2023, representing a decline of approximately 14.4%[13]. - Inventory increased to RMB 263,924,426.25 from RMB 188,050,324.59, reflecting a growth of approximately 40.4%[13]. - Accounts receivable increased to RMB 111,831,370.10 from RMB 94,468,811.68, showing an increase of approximately 18.5%[13]. Cash and Equivalents - The cash and cash equivalents decreased to RMB 40,138,256.26 from RMB 175,622,967.76, indicating a significant reduction of about 77.2%[13]. - Cash and cash equivalents at the end of Q3 2024 stand at CNY 40,138,256.26, down from CNY 250,892,901.67 at the end of Q3 2023[21]. Other Financial Metrics - The basic earnings per share for Q3 2024 was -¥0.01, with a year-to-date increase of 75.00% compared to the previous year[2]. - The basic and diluted earnings per share for Q3 2024 are CNY 0.05, compared to a loss of CNY -0.77 in the same period last year[18]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 176,469,039.65, down 46.0% from CNY 326,446,014.22 in the previous year[19]. - The company experienced a foreign exchange loss of CNY -635,572.50, contrasting with a gain of CNY 1,116,584.51 in the same period last year[21].