盛洋科技(603703) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥162,309,131.33, a decrease of 14.24% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2023 was -¥1,945,434.15, a decline of 136.52% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥2,927,641.76, a decrease of 3,627.26% compared to the previous year[2]. - Total revenue for the first three quarters of 2023 was CNY 514,364,925.65, a decrease of 13.14% compared to CNY 592,247,342.37 in the same period of 2022[18]. - Net profit for the third quarter of 2023 was CNY 9,118,493.66, a significant decline of 63.94% from CNY 25,244,593.94 in the same quarter of 2022[19]. - The net profit attributable to the parent company for Q3 2023 was CNY 8,189,010.75, a decrease from CNY 22,385,060.62 in Q3 2022, representing a decline of approximately 63.4%[20]. - The total comprehensive income for Q3 2023 was CNY 10,091,675.77, down from CNY 22,542,570.13 in the same period last year, indicating a decrease of about 55.2%[20]. Earnings and Shareholder Metrics - The basic earnings per share for Q3 2023 was ¥0.0001, a decrease of 99.45% year-on-year[2]. - The diluted earnings per share for Q3 2023 was also ¥0.0001, reflecting a 99.45% decline compared to the same period last year[2]. - The weighted average return on equity for Q3 2023 was -0.23%, a decrease of 0.86 percentage points year-on-year[2]. - The basic and diluted earnings per share for Q3 2023 were CNY 0.0201, compared to CNY 0.0765 in Q3 2022, reflecting a decline of approximately 73.7%[20]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥47,044,027.54, an increase of 42.84% year-on-year[2]. - Cash inflows from operating activities for the first nine months of 2023 totaled CNY 474,794,817.81, down 35.8% from CNY 739,117,800.29 in the same period of 2022[23]. - Cash outflows from operating activities for the first nine months of 2023 were CNY 427,750,790.27, a decrease of 39.4% compared to CNY 706,182,672.61 in the previous year[23]. - The cash and cash equivalents at the end of Q3 2023 were CNY 415,519,238.63, down from CNY 456,312,361.11 at the end of 2022, representing a decrease of approximately 8.9%[24]. - The company's cash and cash equivalents were reported at ¥440.76 million, down from ¥500.65 million, indicating a decrease of approximately 11.93%[14]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,861,103,747.79, down 3.24% from the end of the previous year[3]. - Total liabilities decreased to CNY 995,407,070.30 from CNY 1,066,869,563.51, reflecting a reduction of 6.67%[16]. - The company's total current assets as of September 30, 2023, included cash and cash equivalents of CNY 112,880,585.49, significantly lower than CNY 374,247,377.12 at the end of 2022, indicating a decline of about 69.8%[25]. - Total assets decreased to CNY 1,629,402,534.81 from CNY 1,868,906,856.49, reflecting a decline of approximately 12.8%[27]. - Total liabilities decreased to CNY 675,662,966.85 from CNY 906,758,421.22, a reduction of about 25.4%[27]. Strategic Decisions and Shareholder Information - The company has terminated the acquisition of 100% equity in Beijing Zhongjiao Tongxin Technology Co., Ltd. due to uncertainties in the supply chain of mobile satellite communication products[10]. - The decision to terminate the acquisition was made after careful consideration of the target company's future development and growth potential[11]. - The company’s major shareholders include Ye Liming, holding 12.51% of shares, and Shengyang Holdings Group Co., Ltd., holding 10.34%[9]. - The company has not disclosed any information regarding the relationships or concerted actions among other shareholders[9]. - The company’s board approved the termination of the asset acquisition and fundraising plan on July 6, 2023[11]. Cost Management and Operational Efficiency - Total operating costs for the first three quarters of 2023 were CNY 505,961,332.24, down from CNY 557,351,369.29, reflecting a reduction of 9.23%[18]. - The company reported a decrease in sales and management expenses, indicating a strategic effort to control costs amid declining revenues[19]. - Research and development expenses for the third quarter of 2023 were CNY 29,885,070.35, down from CNY 32,633,498.17, a reduction of 8.45%[19]. - The company reported a significant reduction in sales expenses, which were CNY 3,803,311.70 compared to CNY 6,145,279.11 in the previous year, a decrease of approximately 38%[28].