乐鑫科技(688018) - 2022 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2022 was CNY 335,492,468.21, a decrease of 3.44% year-over-year, while year-to-date revenue reached CNY 949,311,349.42, down 2.94% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 20,572,965.92, a decline of 55.90% year-over-year, with year-to-date net profit at CNY 83,848,190.13, down 43.41%[4] - Basic and diluted earnings per share for Q3 2022 were CNY 0.2557, a decrease of 56.09% year-over-year, with year-to-date figures at CNY 1.0435, down 43.61%[8] - The net profit attributable to shareholders of the listed company decreased by 55.90% in the current reporting period[29] - The net profit attributable to shareholders of the listed company for the year-to-date decreased by 43.41%[29] - The net profit excluding the impact of share-based payments decreased by 47.72% in the current reporting period[29] - The net profit excluding non-recurring gains and losses decreased by 65.10% in the current reporting period[32] - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability[52] Expenses and Costs - R&D expenses totaled CNY 86,731,044.64 in Q3 2022, an increase of 27.62% year-over-year, representing 25.85% of revenue, up 6.29 percentage points[8] - The total operating costs for the first three quarters of 2022 were RMB 889,899,389.49, an increase from RMB 842,771,328.01 in 2021, indicating an increase of approximately 5.6%[52] - Management expenses rose to 44,022,027.41 RMB from 40,961,149.46 RMB, an increase of 7.4%[58] - The cash paid to employees increased to $242.02 million from $175.02 million year-over-year[66] - The cash paid for taxes rose to $46.15 million, up from $37.95 million in the previous period[66] Cash Flow and Financial Position - The company experienced a net cash outflow from operating activities of CNY 9,163,917.66, compared to a net inflow of CNY 44,054,900.00 in the same period last year[21] - The net cash flow from operating activities showed a net outflow due to increased personnel and salary growth[32] - Cash and cash equivalents decreased to RMB 261,678,313.20 as of September 30, 2022, from RMB 367,149,078.37 at the end of 2021, a decline of about 28.7%[45] - The ending cash and cash equivalents balance was $261.68 million, down from $996.59 million in the previous period[68] - The total cash outflow from operating activities was $1.13 billion, compared to $1.02 billion in the prior year[66] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 2,074,168,048.91, a decrease of 2.58% from the end of the previous year[8] - The total liabilities decreased to RMB 258,101,303.46 as of September 30, 2022, from RMB 306,038,230.22 at the end of 2021, a reduction of about 15.7%[51] - The company's equity attributable to shareholders was RMB 1,816,066,745.45 as of September 30, 2022, slightly down from RMB 1,823,017,912.65 at the end of 2021, a decrease of approximately 0.4%[51] Inventory and Future Plans - The company plans to increase inventory levels in anticipation of new product launches next year, despite a 33.61% increase in inventory compared to the previous period[21] - The company's inventory increased to RMB 435,785,754.21 as of September 30, 2022, compared to RMB 326,168,927.87 at the end of 2021, reflecting an increase of approximately 33.5%[45] Other Financial Metrics - Gross margin for Q3 2022 was 40.04%, a decrease of 0.45 percentage points from the same period last year, while chip gross margin was 48.18%, down 1.51 percentage points[9] - Non-recurring gains included an increase in investment income from bank financial products by CNY 2,619,700.00 year-over-year[12] - The company received government subsidies amounting to 666,153.37 in the current reporting period[26] - The fair value changes of trading financial assets and liabilities resulted in a gain of 6,479,661.14 in the current reporting period[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 9,095[33]