Financial Performance - Net profit attributable to shareholders was CNY -8,295,206.19, a decline of 139.83% year-on-year[11] - Operating income for the first nine months was CNY 78,752,011.13, down 30.89% from CNY 113,951,571.55 in the same period last year[11] - Basic earnings per share fell to CNY -0.11, a decrease of 132.35% compared to CNY 0.34 in the previous year[11] - The total profit for Q3 2023 was a loss of ¥9,531,219.60, compared to a profit of ¥22,359,957.88 in Q3 2022[48] - The net profit for Q3 2023 was a loss of ¥8,295,206.19, compared to a net profit of ¥20,827,647.24 in Q3 2022, representing a significant decline[49] - The total comprehensive income for Q3 2023 was -¥8,295,206.19, compared to ¥20,827,647.24 in Q3 2022[49] Assets and Liabilities - Total assets decreased by 10.51% to CNY 369,955,404.20 compared to the end of the previous year[11] - The company's total assets as of September 30, 2023, amounted to CNY 370,875,575.30, a decrease from CNY 413,388,196.76 at the end of 2022[45] - Total liabilities decreased to CNY 68,185,655.69 as of September 30, 2023, compared to CNY 96,317,427.80 at the end of 2022[45] - Current liabilities decreased to ¥57,087,841.67 from ¥94,113,769.74, showing a reduction of about 39.3%[40] - The company’s total liabilities to assets ratio improved to 18.39% from 23.24% year-on-year[11] Cash Flow - Cash flow from operating activities decreased by 52.80% to CNY -34,854,933.93, primarily due to a decline in project collections[14] - Cash inflow from operating activities for the first nine months of 2023 was CNY 88,344,000.82, a decrease of 7.4% compared to CNY 95,460,539.04 in the same period of 2022[54] - The net cash flow from operating activities was negative CNY 34,854,933.93, worsening from negative CNY 22,810,454.15 year-over-year[54] - Cash inflow from investment activities significantly increased to CNY 240,843,677.70, up from CNY 30,074,695.89 in the previous year, representing an increase of 698.5%[56] - The net cash flow from investment activities was negative CNY 76,045,658.31, compared to negative CNY 23,114,498.11 in the same period last year[56] - The ending cash and cash equivalents balance decreased to CNY 74,486,765.10 from CNY 148,236,543.70, reflecting a decline of 49.8%[59] Expenses - The company’s management expenses increased by 55.55% to CNY 16,140,688.08, attributed to new leasehold improvements and amortization[13] - The company's R&D expenses for Q3 2023 were ¥11,444,382.79, an increase of 29.8% from ¥8,841,888.89 in Q3 2022[48] - The company's sales expenses for Q3 2023 were ¥3,842,909.50, an increase of 35.5% from ¥2,836,830.81 in Q3 2022[48] - The company's financial expenses increased by 37.23% due to significant foreign exchange losses during the reporting period[13] - The company's financial expenses for Q3 2023 were -¥740,861.55, an improvement from -¥1,180,236.02 in Q3 2022[48] Shareholder Information - The total number of ordinary shares at the end of the reporting period is 73,905,018[20] - The largest shareholder, Chen Li, holds 36.20% of the shares, totaling 26,753,599 shares[21] - The total number of shareholders holding more than 5% of shares is 10, with a combined holding of 76.95%[22] - The company has implemented an employee stock ownership plan, covering 84 individuals, which is approximately 16.94% of the total workforce[27] - The total equity granted during the reporting period amounted to 2,040,000 shares, consisting of 460,000 restricted shares and 1,580,000 stock options[28] Government Subsidies and Non-Recurring Items - The government subsidies recognized in the current period amount to CNY 11,062,730.54[16] - The non-recurring profit and loss net amount for the period is CNY 10,472,941.12[16] - The total amount of non-recurring profit and loss is CNY 12,321,107.20[16] Equity Incentive Plan - The company completed the stock incentive plan grant on November 29, 2022[26] - The company has not terminated the implementation of the equity incentive plan during the reporting period[33] - The company estimates that the equity incentive plan will enhance operational efficiency and reduce agency costs, leading to an overall positive impact on performance[31] - The company has not set any additional conditions for the exercise of equity rights beyond those specified in the equity incentive plan[32] - The company's total share capital increased from 73,445,018 shares to 73,905,018 shares due to the implementation of the equity incentive plan[28]
天润科技(430564) - 2023 Q3 - 季度财报