SCREEN(SH:688053)2025-04-25 17:10Financial Performance - The company's operating revenue for Q3 2024 was ¥43,659,134.20, a decrease of 6.68% compared to the same period last year, and a decline of 36.88% year-to-date[4] - The net profit attributable to shareholders for Q3 2024 was ¥4,183,832.87, down 63.34% year-on-year, and a staggering 96.61% decline year-to-date[4] - The basic and diluted earnings per share for Q3 2024 were both ¥0.04, reflecting a decrease of 64.86% compared to the same period last year, and a 96.58% drop year-to-date[5] - Total operating revenue for the first three quarters of 2024 was CNY 99,252,476.83, a decrease of 37% compared to CNY 157,255,790.29 in the same period of 2023[23] - Net profit for the first three quarters of 2024 was a loss of CNY 515,379.63, compared to a net profit of CNY 50,208,871.45 in 2023[24] - Basic earnings per share for the first three quarters of 2024 were CNY 0.02, down from CNY 0.51 in 2023[25] Research and Development - Research and development expenses totaled ¥6,372,204.94 for Q3 2024, representing 14.60% of operating revenue, an increase of 2.60 percentage points year-on-year[5] - Research and development expenses for the first three quarters of 2024 were CNY 18,870,475.10, up from CNY 17,224,862.29 in 2023[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,781,846,362.62, a decrease of 3.20% from the end of the previous year[5] - The company's total assets decreased to CNY 1,781,846,362.62 in 2024 from CNY 1,840,752,863.87 in 2023[23] - Total liabilities decreased to CNY 106,789,124.00 in 2024 from CNY 114,479,442.61 in 2023[22] - The company's total equity decreased to CNY 1,675,057,238.62 in 2024 from CNY 1,726,273,421.26 in 2023[22] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥50,377,514.48, showing a significant increase of 95.27%[4] - In the first three quarters of 2024, the cash inflow from operating activities was CNY 165,672,075.04, an increase of 7.8% compared to CNY 153,697,687.83 in the same period of 2023[26] - The net cash flow from operating activities reached CNY 50,377,514.48, a significant increase of 95.4% from CNY 25,798,914.55 in the previous year[27] - Cash inflow from investment activities totaled CNY 476,748,718.85, down 49.6% from CNY 947,686,524.54 in the first three quarters of 2023[27] - The net cash flow from investment activities was negative at CNY -89,918,478.29, contrasting with a positive CNY 387,188,180.26 in the same period last year[27] - The cash outflow from financing activities was CNY 58,699,640.74, compared to CNY 31,179,592.76 in the previous year, indicating an increase of 88.2%[27] - The ending cash and cash equivalents balance decreased to CNY 210,059,495.89 from CNY 598,927,609.27, reflecting a decline of 64.9% year-over-year[28] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,044[12] - The top ten shareholders include Ningbo Tongtai Xin Investment Partnership with 5,020,000 shares, representing a significant stake in the company[14] - The company has not identified any significant changes in the shareholding structure due to the transfer of shares among major shareholders[16] Strategic Initiatives - The company plans to repurchase shares using between RMB 30 million and RMB 50 million, with a maximum repurchase price adjusted to RMB 79.69 per share[17] - A total of 1,419,877 shares were repurchased, accounting for 1.42% of the total share capital, with an average repurchase price of RMB 35.188 per share[19] - The company is focused on expanding its market presence and enhancing its product offerings through strategic investments and partnerships[17] Other Financial Metrics - The company reported non-recurring gains and losses totaling ¥277,943.60 for the current period[8] - The company experienced a significant decline in net profit due to reduced demand in the military industry and increased competition, leading to lower order volumes and pricing pressures[10] - The company reported a significant decrease in investment income to CNY 9,382,920.37 in 2024 from CNY 11,984,109.45 in 2023[23] - The company experienced a credit impairment loss of CNY 96,215.28 in 2024, a decrease from CNY 980,985.19 in 2023[24] - Payments to employees decreased slightly to CNY 61,293,754.11 from CNY 63,123,952.55, a reduction of 2.9%[27] - The company did not report any cash inflow from new investments in the financing activities section for the current period[27] - The company has not adopted new accounting standards for the current reporting period[29]