DAWEI(002213)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥311,465,958.88, representing an increase of 18.66% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥2,200,330.14, a decrease of 139.64% year-on-year[5]. - The net cash flow from operating activities was -¥35,698,387.21, reflecting a decline of 381.09% compared to the previous year[5]. - In Q3 2023, the company achieved revenue of 310 million RMB, an increase of 18.66% compared to the same period last year[12]. - The net profit attributable to the parent company in Q3 2023 was -2.2 million RMB, a decrease from the previous year, primarily due to ongoing investments in the lithium battery new energy project in Chenzhou, Hunan[12]. - The company reported a net profit margin of approximately -0.22% for Q3 2023, compared to a positive margin in the same period last year[28]. - The net profit for Q3 2023 was -34,537,369.29 CNY, compared to a net profit of 17,785,466.05 CNY in the same period last year, indicating a significant decline[29]. - Operating profit for Q3 2023 was -31,628,845.74 CNY, down from 23,806,890.99 CNY in Q3 2022[29]. - Total comprehensive income for Q3 2023 was -32,735,606.31 CNY, compared to 22,328,321.64 CNY in the previous year[30]. Assets and Liabilities - Total assets as of September 30, 2023, were ¥737,002,515.38, down 8.36% from the end of the previous year[5]. - The company's equity attributable to shareholders decreased by 4.85% to ¥639,400,561.46 compared to the end of last year[5]. - Total liabilities decreased to CNY 90,169,832.01 from CNY 124,235,689.70, a decline of 27.4%[26]. - Cash and cash equivalents decreased to CNY 343,553,513.28 from CNY 440,356,207.47 at the beginning of the year, representing a decline of 22%[25]. - Cash and cash equivalents at the end of Q3 2023 were 342,641,765.27 CNY, down from 109,956,646.06 CNY at the end of the same period last year[32]. Accounts Receivable and Inventory - Accounts receivable increased by 86.60% to ¥64,196,581.11, primarily due to the growth in semiconductor storage business[11]. - Accounts receivable increased to CNY 64,196,581.11 from CNY 34,403,278.00, reflecting an increase of 86.7%[25]. - Inventory remained stable at CNY 86,773,919.52, slightly up from CNY 86,355,131.40[25]. Research and Development - Research and development expenses decreased by 55.98% to ¥4,257,171.09, attributed to the disposal of a subsidiary in 2022[11]. - Research and development expenses for Q3 2023 were CNY 4,257,171.09, down 56% from CNY 9,672,062.71 in the previous year[28]. Cash Flow - The net cash flow from financing activities was -¥55,684,838.28, a decline of 236.35% due to bank loan repayments[11]. - Cash flow from operating activities for Q3 2023 was -35,698,387.21 CNY, a decrease from 12,699,861.54 CNY in Q3 2022[31]. - Investment activities resulted in a net cash outflow of -7,415,460.61 CNY in Q3 2023, compared to -62,102,483.53 CNY in Q3 2022[32]. Shareholder Information - As of the end of Q3 2023, the total number of ordinary shareholders was 21,260[14]. - The largest shareholder, Shenzhen Chuangtong Investment Development Co., Ltd., holds 29.59% of the shares, amounting to 70,146,515 shares, with 30 million shares pledged[14]. Other Significant Events - The company provided a guarantee for a loan of 10 million RMB for its wholly-owned subsidiary, Shenzhen Dawi Chuangxin Microelectronics Technology Co., Ltd.[16]. - The company received 14 trademark registration certificates from the National Intellectual Property Administration[17]. - In Q3 2023, the company recognized an asset impairment provision totaling 29.98 million RMB[17]. - The registered capital was increased from 236 million RMB to 237.08 million RMB due to the completion of the stock option and restricted stock incentive plan[19]. - The company approved a capital increase for its wholly-owned subsidiary, Guiyang Dawi New Materials Co., Ltd., raising its registered capital from 10 million RMB to 100 million RMB[20]. - The company plans to transfer 49% of its equity in Shenzhen Dawi Innovation Electronics Technology Co., Ltd. for 1.9962 million RMB[21].