TOPSUN(002779)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 was ¥120,259,477, representing a 3.17% increase compared to the same period last year, and a year-to-date revenue of ¥472,867,570.96, which is up 24.29% year-on-year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥6,682,300.04, a decrease of 47.19% year-on-year, while the year-to-date net profit reached ¥49,491,826.65, reflecting a 64.16% increase compared to the previous year[5]. - The basic and diluted earnings per share for Q3 2023 were both ¥0.0506, down 47.24% from the same period last year, with year-to-date earnings per share at ¥0.3749, an increase of 64.14%[5]. - Total operating revenue for Q3 2023 reached CNY 472,867,570.96, a 24.3% increase from CNY 380,446,965.19 in the same period last year[21]. - Net profit for Q3 2023 was CNY 49,491,826.65, representing a 64.1% increase compared to CNY 30,149,366.46 in Q3 2022[22]. - Earnings per share (EPS) for Q3 2023 was CNY 0.3749, compared to CNY 0.2284 in the previous year[22]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥920,086,115.55, a 3.37% increase from the end of the previous year, while the equity attributable to shareholders was ¥698,778,492.88, up 6.69%[5]. - Total liabilities as of the end of Q3 2023 were CNY 221,307,622.67, a decrease from CNY 235,135,988.13 at the end of the previous period[21]. - Total equity increased to CNY 698,778,492.88 from CNY 654,957,153.04 year-on-year[21]. Cash Flow - Cash flow from operating activities showed a significant decline, with a net cash flow of ¥10,132,175.97 year-to-date, down 85.20% compared to the previous year[5]. - The company reported a significant increase in cash received from operating activities, amounting to ¥17,268,704.77, which is a 111.63% increase year-on-year[11]. - The cash inflow from operating activities for the current period was ¥521,512,946.18, an increase of 16.3% compared to ¥448,204,841.91 in the previous period[23]. - The net cash flow from operating activities decreased to ¥10,132,175.97 from ¥68,460,785.29, representing a decline of 85.2%[23]. - The ending balance of cash and cash equivalents was ¥46,803,062.76, down from ¥61,163,648.27 in the previous period[24]. Expenses - Sales expenses for the first nine months of 2023 were ¥13,179,113.79, reflecting a 110.48% increase compared to the same period last year, attributed to higher after-sales service costs and expenses from overseas subsidiaries[10]. - The company experienced a 90.57% increase in income tax expenses, totaling ¥7,555,606.97, due to an increase in total profit[10]. - Total operating costs amounted to CNY 422,862,619.99, up 20.7% from CNY 350,504,452.65 year-on-year[21]. - Research and development expenses for Q3 2023 were CNY 16,502,206.12, down from CNY 19,140,980.15 in the same quarter last year[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,588[13]. - The largest shareholder, Zhongjian Electromechanical Group, holds 36.55% of shares, with 48,242,700 shares pledged[13]. - The company has a total of 40.14 million shares pledged by the controlling shareholder, accounting for 30.41% of the total share capital[15]. - The controlling shareholder plans to transfer 6,600,000 shares (5% of total share capital) at a price of 18.738 CNY per share[16]. - The top ten shareholders include several individuals with significant stakes, such as Wu Minggen with 5.52% and Lin Gaochao with 5.00%[13]. Investment Income - The company reported a substantial increase in investment income, which rose to ¥10,109,341.85, a staggering 2509.17% increase year-on-year, primarily due to increased returns from financial products[10]. - The cash inflow from investment activities was ¥34,482,363.20, a decrease of 6.3% compared to ¥36,782,325.20 in the previous period[24]. - The net cash flow from investment activities was -¥26,824,049.47, an improvement from -¥50,881,333.15 in the previous period[24]. - The cash outflow for investment activities decreased to ¥61,306,412.67 from ¥87,663,658.35, a reduction of 30.0%[24]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]. Audit Status - The report for the third quarter was not audited[25].