Core Insights - The company has reported a net loss of 109 million yuan for the first three quarters of the year, continuing a trend of losses for three consecutive years [1] - Despite the losses, the company's stock price has surged this year due to the popularity of innovative drugs, although several shareholders have significantly reduced their holdings in the past six months [1] Financial Performance - For the first three quarters, the company achieved an operating revenue of 310 million yuan, a year-on-year decrease of 19.8% [1] - The net profit attributable to shareholders was -109 million yuan, with a year-on-year loss increase of 168.12% [1] - The basic earnings per share were -1.23 yuan [1] Historical Financial Trends - Historical financial data indicates that from 2022 to 2024, both operating revenue and net profit have declined for three consecutive years [1] - Revenue has decreased year-on-year by 33.76% in 2022, 84.78% in 2023, and 6.74% in 2024 [1] - Net profit has also seen significant declines, with decreases of 56.78% in 2022, 97.1% in 2023, and a projected loss of 191 million yuan in 2024, marking the company's first annual loss since its listing [1] Company Overview - Founded in 2005, the company focuses on the biopharmaceutical sector, specializing in the research, development, production, and sales of in vitro diagnostic reagents and instruments [1] - The company was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in September 2019 [1] - The IVD (in vitro diagnostics) sector index has increased by 8.25% year-to-date [1]
热景生物前三季度连续亏损