佰维存储(688525) - 2024 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2024 reached ¥1,584,412,319.72, representing a year-on-year increase of 62.64%[2] - The net profit attributable to shareholders for Q3 2024 was -¥55,244,455.80, a decrease of 70.54% compared to the same period last year[2] - The company reported a net profit of ¥52,486.64 million for the first three quarters of 2024, a year-on-year increase of 208.44% after excluding share-based payment expenses[5] - The net profit attributable to shareholders increased by 70.54% in the current reporting period[10] - The total operating revenue rose by 62.64% compared to the same period last year[10] - Basic earnings per share grew by 70.45% in the current reporting period[10] - The net profit attributable to shareholders for the year-to-date period increased by 146.07%[10] - Operating profit for the first three quarters of 2024 was CNY 260,498,649.22, compared to a loss of CNY 562,610,818.80 in the same period of 2023, indicating a turnaround in profitability[25] - Net profit attributable to shareholders of the parent company for the first three quarters of 2024 was CNY 228,116,450.89, while the same period in 2023 recorded a net loss of CNY 484,012,087.70[26] - The company reported a total comprehensive income of CNY 208,179,856.34 for the first three quarters of 2024, compared to a loss of CNY 487,050,417.14 in the same period of 2023[26] - Basic and diluted earnings per share for the first three quarters of 2024 were CNY 0.51, a significant improvement from a loss of CNY 1.12 in the same period of 2023[26] Research and Development - Research and development expenses for Q3 2024 totaled ¥128,529,908.42, reflecting a year-on-year growth of 71.82%[4] - The R&D investment as a percentage of operating revenue was 8.11% for Q3 2024, an increase of 0.43 percentage points compared to the previous year[4] - Research and development expenses increased to CNY 338,855,218.29 in the first three quarters of 2024, up from CNY 151,524,779.20 in 2023, reflecting a growth of approximately 123.6%[23] Cash Flow and Liquidity - The net cash flow from operating activities for the first three quarters of 2024 was ¥495,263,943.28, up 127.09% year-on-year[6] - The net cash flow from operating activities for Q3 2024 was ¥495,263,943.28, a significant improvement from a net outflow of ¥1,828,548,333.69 in the same period last year[28] - The total cash inflow from operating activities for the first three quarters of 2024 was CNY 5,669,574,936.95, compared to CNY 2,408,883,361.67 in the same period of 2023, marking an increase of about 135.5%[27] - Cash inflow from financing activities totaled ¥4,364,315,892.85, an increase from ¥3,230,959,122.77 in the previous year, with a net cash flow from financing activities of ¥592,253,850.85[28] - The ending balance of cash and cash equivalents was ¥473,672,273.38, down from ¥545,394,083.73 at the end of Q3 2023[29] Assets and Liabilities - The total assets at the end of Q3 2024 amounted to ¥7,414,519,609.22, an increase of 17.09% compared to the end of the previous year[4] - Current assets totaled CNY 5,394,009,079.78, up from CNY 4,880,449,014.14, indicating an increase of about 10.5%[19] - Total liabilities increased to CNY 4,951,045,768.70 from CNY 4,411,278,181.93, representing a growth of about 12.2%[21] - The company's equity attributable to shareholders reached CNY 2,451,545,059.76, up from CNY 1,928,295,862.72, indicating an increase of approximately 27.0%[21] Operational Highlights - The company achieved a significant increase in sales volume and revenue by expanding its domestic and international customer base, contributing to the overall growth in performance[5] - The company is focusing on expanding its domestic and international customer base, leading to significant sales growth[11] - The gross profit margin for the first three quarters of 2024 increased by 25.99 percentage points year-on-year, driven by a significant rise in product sales[5] - The total operating revenue for the first three quarters of 2024 reached CNY 5,025,192,641.64, a significant increase from CNY 2,122,454,436.79 in the same period of 2023, representing a growth of approximately 136.5%[23] Other Financial Metrics - The weighted average return on equity for Q3 2024 was -2.85%, an increase of 6.27 percentage points year-on-year[4] - The weighted average return on net assets for the year-to-date period increased by 144.76%[10] - The total operating costs for the first three quarters of 2024 were CNY 4,758,972,745.41, compared to CNY 2,597,902,306.23 in 2023, reflecting an increase of approximately 83.4%[23] - Other income for the first three quarters of 2024 amounted to CNY 29,656,655.82, compared to CNY 10,043,198.69 in the same period of 2023, indicating a growth of about 195.5%[23]