科思科技(688788) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥59,276,047.46, representing a decrease of 4.30% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥59,920,378.23, a decline of 286.00% year-over-year[5]. - The basic earnings per share for Q3 2023 was -¥0.5666, reflecting a decrease of 285.97% compared to the previous year[6]. - The net profit attributable to shareholders for the year-to-date was -¥179,139,026.23, a decrease of 154.56% compared to the same period last year[5]. - The company's net profit attributable to shareholders for the current quarter was -59.92 million yuan, a year-on-year decrease of 286.00%[18]. - For the first three quarters, the net profit attributable to shareholders was -179.14 million yuan, a year-on-year decrease of 154.56%[18]. - Net loss for Q3 2023 was ¥186,511,203.58, compared to a net loss of ¥73,031,050.28 in Q3 2022, indicating a significant increase in losses[30]. - Basic and diluted earnings per share for Q3 2023 were both -¥1.6940, compared to -¥0.6655 in Q3 2022, indicating a worsening financial performance[31]. Research and Development - Research and development expenses totaled ¥69,495,673.18 in Q3 2023, which is 117.24% of the operating revenue, an increase of 45.18 percentage points year-over-year[6]. - The company's R&D investment for the current reporting period reached 55.69 million yuan, a 205% increase compared to the previous year, primarily due to the backend design phase of the new generation smart wireless baseband processing chip[11]. - R&D expenses for the reporting period were 69.50 million yuan, focusing on projects such as next-generation smart wireless communication chips and broadband self-organizing network terminals[21]. - Research and development expenses rose to ¥184,471,803.63 in Q3 2023, up from ¥145,113,100.42 in Q3 2022, reflecting a growth of approximately 27.1%[29]. - The proportion of R&D investment to operating income increased by 45.18 percentage points for the current period, attributed to the rise in R&D spending and a decrease in operating income[11]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥143,550,851.43, indicating a significant cash outflow[6]. - The net cash flow from operating activities was -143,550,851.43, a significant decline compared to 32,422,859.75 in the previous year, indicating a decrease of approximately 543.5%[35]. - Cash inflows from operating activities totaled ¥263,434,354.56 for the first three quarters of 2023, down from ¥335,402,944.63 in the same period of 2022, a decline of about 21.4%[34]. - The total cash outflow from operating activities amounted to 406,985,205.99, an increase of 34.3% from 302,980,084.88 in the previous year[35]. - The ending balance of cash and cash equivalents was 1,332,183,028.24, down from 1,581,096,376.11, representing a decrease of about 15.7%[36]. - The net increase in cash and cash equivalents was -193,174,012.23, compared to -109,262,798.91 in the previous year, indicating a worsening of approximately 76.8%[35]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,606,271,760.37, down 8.32% from the end of the previous year[6]. - The total assets as of September 30, 2023, were 2.61 billion yuan, down from 2.84 billion yuan at the end of 2022[25]. - The company's accounts receivable decreased by 40.21% to 33,539,537.71 yuan compared to the beginning of the year, primarily due to a reduction in commercial acceptance bills received from customers[11]. - Total liabilities increased to ¥120,512,492.42 in Q3 2023 from ¥155,255,761.48 in Q3 2022, showing a decrease of approximately 22.4%[29]. - The company's intangible assets decreased by 47.72% to 26,279,163.39 yuan compared to the beginning of the year, due to ongoing amortization[11]. - The company's tax payable increased by 63.37% to 2,586,547.14 yuan compared to the beginning of the year, primarily due to an increase in value-added tax payable[11]. - The company's asset impairment losses for the first three quarters were 9,979,823.21 yuan, a significant increase of 550.80% year-on-year, attributed to prolonged inventory aging due to insufficient production and sales[12]. - The company recorded an asset impairment loss of 9.98 million yuan from the beginning of the year to the reporting date, an increase of 550.80% year-on-year, primarily due to declining revenue and increased inventory write-downs[18]. Investment and Future Plans - The company signed an investment intention agreement to establish an electronic information equipment production base in Nanjing Jiangning Economic and Technological Development Zone[23]. - The company plans to repurchase shares at a price not exceeding 55 yuan per share, with a total repurchase amount between 33 million yuan and 55 million yuan[23]. - As of September 28, 2023, the company had repurchased 527,800 shares, accounting for 0.4991% of the total share capital, with a total payment of approximately 19.95 million yuan[23]. - The company has approximately 222 million yuan in unfulfilled orders and production notifications as of the report date[21].