BEKEN(603068)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥183,499,440.36, representing a year-on-year increase of 19.65%[5] - The net profit attributable to shareholders was -¥38,215,831.95, a decrease of 60.98% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥38,480,028.47, down 60.89% year-on-year[5] - Basic earnings per share for Q3 2023 were -¥0.25, a decline of 61.54% compared to the previous year[6] - Total operating revenue for Q3 2023 was ¥520,027,643.07, a slight decrease from ¥524,557,420.41 in Q3 2022, representing a decline of approximately 0.5%[20] - Total operating costs increased to ¥617,479,800.90 in Q3 2023 from ¥601,988,181.97 in Q3 2022, marking an increase of about 2.5%[20] - Net loss for Q3 2023 was ¥93,596,445.50, compared to a net loss of ¥122,017,623.24 in Q3 2022, showing an improvement of approximately 23.2%[21] - Basic and diluted earnings per share for Q3 2023 were both -¥0.60, an improvement from -¥0.80 in Q3 2022[22] - The company reported a total profit loss of ¥99,866,586.94 in Q3 2023, an improvement from a loss of ¥157,710,569.59 in Q3 2022[21] - The company’s total comprehensive loss for Q3 2023 was ¥92,308,485.00, compared to a loss of ¥123,760,671.44 in Q3 2022, showing an improvement of about 25.4%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,985,792,197.03, a decrease of 1.68% from the end of the previous year[6] - As of September 30, 2023, the company's total assets amounted to ¥1,985,792,197.03, a decrease from ¥2,019,656,840.36 at the end of 2022[16] - The company's total liabilities reached ¥280,585,540.18, up from ¥222,141,698.51, which is an increase of approximately 26.3%[16] - Total current liabilities increased to ¥253,894,463.10 from ¥204,957,059.27, marking an increase of about 23.7%[16] - The equity attributable to shareholders decreased to ¥1,710,797,805.57 from ¥1,799,855,261.00, reflecting a decline of about 4.9%[16] - The company reported a net profit decline, with retained earnings dropping to ¥35,297,851.45 from ¥125,643,267.38, a decrease of approximately 71.9%[16] Cash Flow - The company reported a cash flow from operating activities of ¥31,521,289.82 for the year-to-date, reflecting a decrease of 112.13% compared to the same period last year[6] - Cash inflow from operating activities for the first three quarters of 2023 was ¥568,008,122.77, down from ¥617,519,049.94 in the same period of 2022, a decrease of about 8.0%[22] - The net cash flow from operating activities for Q3 2023 was 259,833,699.37 in the same period last year[24] - The company reported a total cash outflow from operating activities of 877,352,749.31 in the previous year, indicating a reduction in cash outflow[24] - The company has been focusing on improving cash flow management and reducing operational cash outflows in the upcoming quarters[24] Research and Development - The company has been focusing on R&D and market expansion despite the ongoing recovery in the consumer electronics market[9] - The company has reduced R&D expenses compared to the same period last year while continuing product iteration[9] - Research and development expenses for Q3 2023 were ¥225,919,444.67, up from ¥218,520,050.53 in Q3 2022, reflecting an increase of approximately 3.0%[20] Government Support and Cost Management - The company received government subsidies amounting to ¥90,200.00 during the reporting period[8] - The company is actively managing costs and expenses in response to market conditions and customer demand fluctuations[9] Other Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There are no significant changes in the shareholder structure or any new mergers and acquisitions reported during this period[13] - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[26]