Financial Performance - Net profit attributable to shareholders for the first nine months of 2024 was CNY 12,622,161.61, a decrease of 63.79% compared to the same period in 2023[4] - Operating revenue for the first nine months of 2024 was CNY 71,918,604.90, down 28.79% year-on-year[4] - Operating profit decreased by 65.92% year-on-year, attributed to reduced product pricing and increased costs of domestic alternatives[7] - Net profit decreased by 63.37% year-on-year, primarily due to the decline in total profit[8] - Total operating revenue for the first nine months of 2024 was CNY 71,918,604.90, a decrease from CNY 101,000,302.76 in the same period of 2023, representing a decline of approximately 29.0%[23] - Operating profit for the first nine months of 2024 was CNY 14,247,373.83, compared to CNY 41,800,193.14 in 2023, indicating a decrease of about 65.9%[24] - Net profit for the first nine months of 2024 was CNY 12,684,012.45, down from CNY 34,628,210.64 in the previous year, reflecting a decline of approximately 63.4%[24] - The total profit for the first nine months of 2024 was CNY 14,184,251.43, down from CNY 42,133,722.95 in 2023, a decrease of approximately 66.4%[24] Cash Flow - The company reported a net cash flow from operating activities of CNY 749,708.85, a significant improvement of 104.49% compared to the same period last year[4] - Cash flow from operating activities increased by 104.49% year-on-year, mainly due to timely payments from customers based on new contract prices[8] - Cash flow from investing activities decreased by 93.01% year-on-year, as the company recovered some investments compared to the previous year[8] - Cash flow from financing activities decreased by 111.29% year-on-year, primarily due to last year's IPO funds not being received this year[8] - The company reported a net cash outflow from investing activities of ¥-8,673,571.58, a notable decline from ¥-124,083,136.45 in the same period last year[28] - Cash flow from financing activities resulted in a net outflow of ¥-17,376,426.36, contrasting with a net inflow of ¥153,867,406.62 in the previous year[28] - The cash inflow from financing activities was primarily driven by a loan of ¥45,000,000.00, compared to ¥20,000,000.00 in the previous year[31] Assets and Liabilities - Total assets as of September 30, 2024, amounted to CNY 544,147,375.71, representing a 2.16% increase from the end of the previous year[4] - The company's total current assets were CNY 402,199,746.38, a decrease from CNY 416,733,903.67 at the end of 2023[17] - Current liabilities rose to CNY 199,712,078.74 from CNY 160,633,474.01, an increase of about 24.34%[19] - Total liabilities reached CNY 200,519,926.74, up from CNY 160,633,474.01, indicating an increase of about 24.83%[19] - Owner's equity decreased to CNY 343,627,448.97 from CNY 369,016,193.81, a decline of approximately 6.88%[19] - The total amount of related party transactions from January 1, 2024, to September 30, 2024, was CNY 838,912.83[14] Shareholder Information - The total number of ordinary shares at the end of the period was 90,287,200, with 3,689 shareholders[10] - The company has a total of 63,338,073 shares outstanding, with major shareholders holding 70.15% of the shares[11] Other Financial Metrics - The company’s weighted average return on net assets based on net profit attributable to shareholders was 3.52%, down from 13.50% in the previous year[4] - Basic and diluted earnings per share for the first nine months of 2024 were both CNY 0.14, down from CNY 0.45 in the same period of 2023, a decrease of approximately 68.9%[25] - Research and development expenses increased to CNY 4,430,963.00 in 2024 from CNY 3,509,648.74 in 2023, marking an increase of about 26.2%[23] - Other income for the first nine months of 2024 was CNY 4,358,892.73, significantly higher than CNY 1,235,371.10 in 2023, representing an increase of approximately 252.5%[23] Company Outlook - The company plans to continue focusing on market expansion and new product development to improve future performance[24]
晟楠科技(837006) - 2024 Q3 - 季度财报