Lontium(688486)2024-10-28 07:34Group 1: Financial Performance - In the first three quarters of 2024, the company achieved operating revenue of 334 million CNY, a year-on-year increase of 50.20% [1] - Net profit reached 93.99 million CNY, with a year-on-year growth of 33.47% [1] - The net profit from operating activities was 74.63 million CNY, reflecting a year-on-year increase of 53.63% [1] - The net cash flow from operating activities was 48.77 million CNY, down 28.64% year-on-year [2] Group 2: Quarterly Highlights - In Q3 2024, the company reported operating revenue of 112 million CNY, a year-on-year increase of 26.78% but a quarter-on-quarter decrease of 4.86% [2] - The net profit for Q3 was 31.88 million CNY, showing a year-on-year growth of 12.0% and a quarter-on-quarter increase of 2.53% [2] - The non-recurring net profit for Q3 was 26.04 million CNY, with a year-on-year increase of 27.4% and a quarter-on-quarter growth of 2.57% [2] Group 3: Profitability Metrics - The gross profit margin for the first three quarters of 2024 was 55.98%, an increase of 2.18 percentage points year-on-year [2] - In Q3 2024, the gross profit margin was 58.61%, up 3.95 percentage points year-on-year and 3.47 percentage points quarter-on-quarter [2] - Excluding the impact of high-margin technology transfer income, the gross profit margin for Q3 remained stable at approximately 56.38% [2] Group 4: Business Development - The automotive electronics segment accounted for approximately 20% of total revenue as of the end of September 2024 [2] - The company is increasing R&D investment and product development in the automotive electronics sector, enhancing market share in in-car heads-up displays and infotainment systems [2]