BNCT(688282)2024-10-28 09:05Financial Performance - The company's operating revenue for Q3 2024 was ¥49,710,123.15, an increase of 772.66% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥2,483,845.06 for Q3 2024, with a year-to-date net profit of -¥33,089,345.42, reflecting a decrease of 837.95% year-on-year[2][3]. - The basic earnings per share for Q3 2024 was -¥0.03, with a year-to-date figure of -¥0.39, reflecting a decrease of 880.00% year-on-year[3]. - The net profit for the third quarter of 2024 was a loss of ¥35,451,435.40, contrasting with a net profit of ¥4,483,942.84 in the same quarter of 2023[18]. - The total operating revenue for the first three quarters of 2024 reached ¥62,936,769.54, a significant increase from ¥14,390,452.91 in the same period of 2023, representing a growth of approximately 338.5%[17]. - The total operating costs for the first three quarters of 2024 were ¥101,272,019.96, compared to ¥38,544,155.67 in 2023, indicating an increase of about 162.5%[17]. Research and Development - Research and development (R&D) expenses totaled ¥13,004,851.01 in Q3 2024, representing a 69.84% increase compared to the same period last year[3]. - The proportion of R&D expenses to operating revenue was 26.16% in Q3 2024, a decrease of 108.26 percentage points compared to the previous year[3]. - Research and development expenses for the first three quarters of 2024 were ¥34,516,975.63, up from ¥21,764,568.65 in 2023, marking an increase of approximately 58.5%[17]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was -¥87,141,477.05, indicating a significant cash outflow[2][3]. - The company's cash and cash equivalents decreased from approximately 842.79 million RMB at the end of 2023 to about 412.49 million RMB by September 30, 2024, representing a decline of approximately 51%[12]. - The total cash outflow for the first three quarters of 2024 was CNY 335,893,441.71, contrasting with a cash inflow of CNY 503,954,850.65 in the same period of 2023[22]. - The company received CNY 11,948,266.24 in cash related to operating activities in 2024, down from CNY 27,211,411.79 in 2023, indicating a decrease of approximately 56.1%[21]. - The company reported a significant increase in cash paid for purchasing goods and services, totaling CNY 178,364,637.02 in 2024, compared to CNY 23,317,585.11 in 2023, representing a rise of about 664.5%[21]. Assets and Liabilities - The total assets at the end of Q3 2024 were ¥1,532,219,847.19, a decrease of 6.34% from the end of the previous year[3]. - The company's total liabilities amounted to ¥235,486,706.64, down from ¥255,182,368.01 in the previous year, reflecting a decrease of approximately 7.7%[16]. - The total equity attributable to shareholders of the parent company decreased to ¥1,252,294,513.92 from ¥1,380,795,294.14, a decline of about 9.3%[16]. - The total assets of the company were reported at ¥1,532,219,847.19, down from ¥1,635,977,662.15 in the previous year, indicating a decrease of approximately 6.3%[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,018[8]. - The top ten unrestricted shareholders hold a total of 19,000,000 shares, with the largest shareholder, Beijing Institute of Technology Asset Management Co., Ltd., holding 5,940,000 shares[9]. - The top ten shareholders have signed a concerted action agreement, indicating a unified control over the company[9]. - The company repurchased 5,672,888 shares, accounting for 6.45% of the total share capital[10]. Operational Challenges - The increase in net profit loss was primarily due to rising personnel costs and expenses from newly consolidated subsidiaries[6]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[12]. - The company's cash flow from operating activities showed a significant decline, contributing to the overall net loss reported for the quarter[18].