景嘉微(300474) - 2023 Q3 - 季度财报

Financial Performance - Revenue for Q3 2023 was CNY 124,104,845.69, a decrease of 33.06% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2023 was CNY 23,237,687.95, down 51.98% year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY -6,542,494.66, a decline of 123.14% compared to the previous year[3] - Total revenue for Q3 2023 was CNY 469,171,813.61, a decrease of 35.7% compared to CNY 729,263,123.59 in the same period last year[20] - The net profit for Q3 2023 was CNY 15,576,072.07, a significant decrease from CNY 173,119,817.30 in the same period last year, representing a decline of approximately 91%[21] - Operating profit for Q3 2023 was CNY -36,761,982.33, compared to CNY 183,163,280.70 in Q3 2022, indicating a substantial loss[21] - The total comprehensive income for Q3 2023 was CNY 15,576,072.07, significantly lower than CNY 173,119,817.30 in the previous year, a decrease of around 91%[21] - The basic earnings per share for Q3 2023 was CNY 0.03, down from CNY 0.38 in Q3 2022, indicating a decline of approximately 92%[21] Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 4,207,995,783.59, an increase of 6.57% from the end of the previous year[3] - Total assets reached CNY 4,207,995,783.59, up from CNY 3,948,640,091.47, indicating growth in the company's asset base[19] - Total liabilities increased to CNY 792,488,432.79 from CNY 654,309,373.64, reflecting higher short-term and long-term obligations[19] - The company's equity attributable to shareholders rose to CNY 3,415,507,350.80 from CNY 3,294,330,717.83, indicating a stronger financial position[19] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 133,753,093.51, an increase of 153.51% compared to the same period last year[3] - Cash flow from operating activities generated a net cash inflow of CNY 133,753,093.51, a recovery from a net outflow of CNY -249,962,495.37 in the previous year[23] - The net cash flow from financing activities decreased by 68.91% to CNY 76,249,252.48, primarily due to no new bank loans during the reporting period[9] - The company raised CNY 138,912,190.03 from financing activities in Q3 2023, compared to CNY 304,631,100.33 in the same period last year, reflecting a decrease of about 54%[24] - The company’s cash outflow from investing activities was CNY 87,220,347.92 in Q3 2023, compared to CNY 216,684,594.85 in Q3 2022, indicating a reduction in investment expenditures[23] - Cash and cash equivalents rose to CNY 969,685,493.68 from CNY 846,903,442.48 at the beginning of the year, indicating improved liquidity[18] - Cash and cash equivalents at the end of Q3 2023 amounted to CNY 969,655,216.32, compared to CNY 943,797,969.65 at the end of Q3 2022, showing a slight increase[24] Shareholder Information - The total number of common shareholders at the end of the reporting period was 72,486, with the top ten shareholders holding a combined 43.69% of shares[10] - The largest shareholder, Yu Lili, holds 29.17% of the shares, amounting to 133,450,847 shares[10] - The company’s second-largest shareholder, the National Integrated Circuit Industry Investment Fund, holds 6.10% of the shares, totaling 27,912,673 shares[10] - The number of restricted shares for Yu Lili decreased from 104,928,897 to 100,088,135 due to the release of restrictions[13] - The company has a total of 128,512,089 restricted shares remaining after the release of 9,003,262 shares during the reporting period[13] Research and Development - The company invested CNY 239.2024 million in R&D during the first three quarters of 2023, accounting for 50.98% of its revenue, representing a year-on-year increase of 11.37%[14] - R&D expenses increased to CNY 239,202,399.56, up from CNY 214,779,375.99 in the previous year, reflecting a focus on innovation[20] - The company is focused on developing graphics processing chips and related products, continuously expanding into new application markets[14] Corporate Governance and Strategy - The company has optimized its governance structure to improve management efficiency and operational capabilities[14] - The company plans to issue A-shares to specific investors to enhance its strategic layout in high-performance computing chips, pending approval from the China Securities Regulatory Commission[16] - The company has implemented a stock option incentive plan to strengthen internal cohesion and align the interests of shareholders and core team members[14] Operational Metrics - The company reported a significant increase in accounts payable by 65.65% due to increased procurement[7] - The company experienced a 130.22% increase in right-of-use assets due to the addition of new leased office space[6] - The company recorded a substantial asset disposal gain of CNY 4,235,763.47, a significant increase compared to the previous year[8] - Total operating costs for Q3 2023 were CNY 555,927,311.93, down from CNY 590,139,857.20 year-over-year[20] - Accounts receivable decreased to CNY 181,680,290.82 from CNY 402,807,963.07, showing better collection efficiency[18] - Inventory increased to CNY 762,906,641.36 from CNY 596,288,412.02, suggesting potential overstocking or increased production[18] - The weighted average return on equity was 0.69%, down 0.92% year-on-year[3] - The company reported an asset impairment loss of CNY 266,931.27 in Q3 2023, which was not present in the same period last year[21]