CSII(300663)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥231,503,746.35, representing a 3.26% increase compared to ¥224,194,602.10 in the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥3,640,642.10, an improvement of 48.09% from -¥6,729,205.05 in Q3 2022[5]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was -¥4,680,332.70, a 35.72% improvement compared to -¥6,996,602.69 in the same period last year[5]. - The basic earnings per share for Q3 2023 was -¥0.01, a 50.00% improvement from -¥0.02 in Q3 2022[5]. - The net loss for Q3 2023 was ¥12,936,340.85, an improvement from a net loss of ¥15,672,262.81 in the same period last year[18]. - The net profit attributable to the parent company for Q3 2023 was -8,853,771.78 CNY, compared to -16,366,200.22 CNY in Q3 2022, indicating an improvement in losses[19]. - The total comprehensive income for Q3 2023 was -15,056,837.28 CNY, compared to -22,905,340.74 CNY in the same period last year, reflecting a reduction in overall losses[19]. - The basic and diluted earnings per share for Q3 2023 were both -0.02 CNY, an improvement from -0.04 CNY in Q3 2022[19]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥3,099,239,743.51, reflecting a 5.92% increase from ¥2,922,382,504.72 at the end of the previous year[5]. - The total assets of the company reached ¥3,099,239,743.51, an increase from ¥2,926,135,747.59, representing a growth of 5.9%[15]. - The equity attributable to shareholders at the end of Q3 2023 was ¥1,222,980,477.31, showing a decrease of 1.28% from ¥1,238,321,406.15 at the end of the previous year[5]. - Total liabilities increased to ¥1,823,352,350.72 from ¥1,630,820,118.59, reflecting a rise of 11.8%[15]. - Long-term borrowings rose to ¥580,069,750.96, compared to ¥379,419,113.83, showing a substantial increase of 53%[15]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥314,044,931.91, a 2.21% improvement compared to -¥321,138,800.99 in the same period last year[5]. - Cash inflows from operating activities for the current period were 588,473,009.16 CNY, down from 639,133,420.24 CNY in the previous period[21]. - The net cash flow from operating activities was -314,044,931.91 CNY, slightly improved from -321,138,800.99 CNY in the same period last year[21]. - The net cash flow from investing activities was 109,032,845.84 CNY, a significant improvement from -435,559,979.46 CNY in the previous year[22]. - The net cash flow from financing activities was 97,179,263.15 CNY, down from 577,939,728.54 CNY in the previous period[22]. - The cash and cash equivalents at the end of the period stood at 294,857,162.60 CNY, compared to 75,068,609.79 CNY at the end of the previous year[22]. Operational Metrics - The company reported a decrease in the weighted average return on assets to -0.30% for Q3 2023, compared to -0.59% in the same period last year[5]. - Accounts receivable increased to ¥1,098,704,826.48 from ¥896,568,950.28, representing a growth of 22.5%[1]. - Inventory levels rose to ¥740,778,310.92, compared to ¥579,800,290.25, indicating a significant increase of 27.7%[1]. - Current assets totaled ¥2,302,559,923.66, up from ¥2,178,218,861.21, marking a growth of 5.7%[1]. Changes in Accounting Policies - The company has implemented changes in accounting policies effective from January 1, 2023, impacting the financial reporting of deferred tax assets and liabilities[5]. - The company has adopted new accounting standards effective from January 1, 2023, impacting deferred tax assets and liabilities[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,303, with no preferred shareholders having restored voting rights[11]. - The top shareholder, Wang Anjing, holds 13.65% of the shares, with a total of 63,101,709 shares, of which 57,100,000 are pledged[11]. Other Financial Metrics - The total non-recurring gains and losses for Q3 2023 amounted to ¥1,039,690.60, with a year-to-date total of ¥4,776,802.05[6]. - Financial expenses rose by 77.60% to ¥36,330,307.46, due to new convertible bond interest expenses incurred during the reporting period[9]. - The company’s long-term borrowings increased by 52.88% to ¥580,069,750.96, driven by loans for the construction of the Yangtze River Delta R&D center[9]. - Development expenditures rose by 31.71% to ¥59,785,486.14, attributed to increased internal R&D activities that have not yet reached usable status[9]. - Investment income surged by 7063.23% to ¥5,922,200.67, mainly from increased returns on financial products and the disposal of subsidiaries[9]. - Net cash flow from investment activities improved by 125.03% to ¥109,032,845.84, primarily due to the maturity of financial products purchased with idle funds[9]. Audit Status - The Q3 2023 report has not been audited[24].