Financial Performance - The company's revenue for Q3 2023 was ¥699,068,842.93, representing a 7.50% increase year-over-year[5] - Net profit attributable to shareholders decreased by 75.75% to ¥10,146,779.49 for the quarter, and by 68.53% to ¥37,517,778.22 for the year-to-date[5] - The basic and diluted earnings per share were both ¥0.13, down 75.00% compared to the same period last year[5] - In the first three quarters of 2023, the company achieved operating revenue of CNY 1,654.49 million, an increase of 1.69% year-on-year[16] - The company's net profit attributable to shareholders for the first three quarters was CNY 37.52 million, a decrease of 68.53% year-on-year[16] - In Q3 2023, the company reported operating revenue of CNY 699.07 million, a quarter-on-quarter increase of 37.70%[16] - Total operating revenue for Q3 2023 reached ¥1,654,488,176.31, an increase of 1.8% compared to ¥1,627,034,106.31 in Q3 2022[23] - The net profit for Q3 2023 was CNY 41,793,627.37, a decrease of 67.24% compared to CNY 127,636,080.80 in Q3 2022[24] - The company reported a total comprehensive income of CNY 45,151,182.04 for Q3 2023, down from CNY 141,506,917.31 in Q3 2022[24] - The basic and diluted earnings per share for Q3 2023 were both CNY 0.47, compared to CNY 1.49 in the same quarter last year[24] Assets and Liabilities - Total assets increased by 7.76% to ¥2,298,838,346.80 compared to the end of the previous year[5] - Current assets totaled ¥1,648,270,856.14 as of September 30, 2023, slightly up from ¥1,631,498,565.13 at the beginning of the year[20] - Total liabilities increased to ¥1,144,415,178.58 in Q3 2023, compared to ¥979,027,730.72 in Q1 2023, reflecting a growth of 16.9%[21] - Total assets reached ¥2,298,838,346.80 as of September 30, 2023, up from ¥2,133,249,716.90 at the beginning of the year, marking an increase of 7.8%[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥25,292,883.53, a significant improvement of 111.89% compared to the previous year[5] - The net cash flow from operating activities was CNY 25,292,883.53, recovering from a negative cash flow of CNY -212,789,552.98 in Q3 2022[25] - Cash and cash equivalents decreased to ¥203,489,499.40 from ¥213,621,274.95 at the start of the year, a decline of 4.9%[20] - Cash and cash equivalents at the end of Q3 2023 were CNY 200,388,122.42, a decrease from CNY 146,836,379.42 at the end of Q3 2022[26] - The net cash flow from financing activities was CNY 184,562,134.59, down from CNY 285,901,022.29 in Q3 2022[26] Investment and Expenses - Research and development expenses rose by 40.11% to ¥46,465,501.16, indicating increased investment in innovation[9] - The company reported an investment loss of ¥17,888,225.56 due to the acquisition of a stake in WE, reflecting challenges in investment performance[9] - The company incurred operating expenses of CNY 1,696,342,275.66, slightly up from CNY 1,685,979,594.50 in the previous year[25] - The total cash inflow from investment activities was CNY 11,562,734.22, compared to CNY 18,972,646.99 in Q3 2022[25] - The company’s total liabilities increased, with cash outflow for debt repayment amounting to CNY 628,733,258.38, up from CNY 396,831,906.60 in the previous year[26] Business Segments - The electronic components distribution business generated revenue of CNY 1,459.25 million in the first three quarters, remaining stable compared to the previous year[17] - The self-developed IC business achieved revenue of CNY 186.64 million in the first three quarters, up 31.93% year-on-year[17] - In Q3 2023, the self-developed IC revenue was CNY 73.62 million, with a gross margin of 40.05%[17] - The company is focusing on the automotive electronics sector, which is expected to see increasing demand due to trends in electrification and intelligence[17] - The company is recognized for its automotive analog IC products, which have been adopted by major automotive manufacturers such as BYD and NIO[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,529, with no preferred shareholders[11] - The company experienced a 41.74% increase in prepayments, primarily due to advance payments to suppliers[9] - The investment loss from the joint venture Weiyali has negatively impacted the company's net profit both year-on-year and quarter-on-quarter[16]
雅创电子(301099) - 2023 Q3 - 季度财报(更新)