微创光电(430198) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for the first nine months of 2023 reached ¥161,115,253.49, a significant increase of 186.72% compared to ¥56,192,379.66 in the same period last year[12] - The net profit attributable to shareholders for the first nine months was -¥35,373,346.29, reflecting a slight deterioration of 5.26% from -¥33,604,554.19 in the previous year[12] - The gross profit margin was negatively impacted, with operating costs rising by 286.20% to ¥129,771,314.03, outpacing revenue growth[14] - The total comprehensive income attributable to the parent company was -35,373,346.29 yuan, compared to -33,604,554.19 yuan in the previous year[34] - Basic earnings per share improved to -0.22 yuan from -0.27 yuan year-over-year[34] Cash Flow - The net cash flow from operating activities showed a negative figure of -¥148,040,236.77, which is a 101.48% increase in cash outflow compared to -¥73,478,092.32 in the same period last year[12] - Cash inflows from operating activities totaled 167,601,658.40 yuan, up from 94,354,598.09 yuan in the same period last year[37] - Cash outflows from operating activities increased to 315,641,895.17 yuan, compared to 167,832,690.41 yuan in the previous year[37] - Cash inflows from investment activities were 20,222,287.81 yuan, down from 50,415,020.00 yuan in the previous year[37] - The net cash flow from investment activities was -47,986,280.75 yuan, compared to a positive 31,459,212.34 yuan in the previous year[37] - Cash inflows from financing activities amounted to 94,664,050.80 yuan, with net cash flow from financing activities at 91,344,834.47 yuan, improving from -48,449,733.47 yuan year-over-year[38] - The ending cash and cash equivalents balance was 106,512,466.22 yuan, compared to 95,489,094.92 yuan at the end of the previous year[38] - The company experienced a net decrease in cash and cash equivalents of -104,681,683.05 yuan, compared to -90,468,613.45 yuan in the previous year[38] Assets and Liabilities - The total assets as of September 30, 2023, amounted to ¥866,993,285.41, representing a 15.88% increase from ¥748,210,132.67 at the end of the previous year[12] - The company reported a total liability of CNY 271,703,724.93, which is significantly higher than CNY 117,547,225.90 in the previous year, marking an increase of approximately 131.3%[30] - Current assets totaled CNY 634,591,069.04, an increase from CNY 577,982,678.29 in the previous year, reflecting a rise of about 9.8%[28] - Non-current assets amounted to CNY 232,402,216.37, up from CNY 170,227,454.38, reflecting a growth of about 36.5%[29] - The company's short-term borrowings increased to ¥69,164,050.80, reflecting a need for additional financing to support operations[13] - The company’s long-term borrowings increased to CNY 55,900,000.00 from CNY 32,027,555.56, representing a growth of about 74.2%[30] Inventory and Contracts - The company's inventory surged by 390.56% to ¥174,662,360.74, attributed to large contracts entering the normal construction phase[13] - The company reported a significant increase in contract liabilities, which rose by 1,932.05% to ¥10,853,940.26, indicating a substantial growth in customer prepayments[13] Shareholder Information - The total number of ordinary shares at the end of the period was 161,363,872, with 39.12% being unrestricted shares[19] - The largest shareholder, Hubei Jiaotou Capital Investment Co., Ltd., holds 23.08% of the shares, totaling 37,237,816 shares[21] - The number of shares held by the top ten shareholders accounts for 71.13% of the total shares[21] - The company has 7,164 shareholders as of the reporting date[20] Other Information - The company did not declare any dividends during the reporting period, with cash payments for dividends and interest dropping by 95.41% to ¥1,719,216.33[15] - Non-recurring gains and losses totaled CNY 3,754,051.88, with a net amount of CNY 3,190,944.10 after tax impact[17] - The company has engaged in daily related transactions within the expected amount, as per announcement number 2023-014[25] - The company has completed several significant transactions approved by the shareholders' meeting, detailed in announcements 2023-044, 2023-055, and 2023-062[25] - The company has pledged properties and land use rights with a cumulative book value of CNY 23,625,600[25] - There were no significant legal disputes or external guarantees during the reporting period[24] - The company did not conduct any share buybacks or employee incentive plans during the reporting period[24] - Research and development expenses for the first nine months of 2023 were CNY 18,494,614.67, slightly down from CNY 18,837,600.07 in the same period of 2022, indicating a focus on cost management[33]