Financial Performance - The company's operating revenue for the first three quarters of 2023 reached ¥184,754,244.14, representing a 52.04% increase compared to ¥121,516,427.96 in the same period last year[11] - The net profit attributable to shareholders for the first three quarters of 2023 was ¥31,400,041.80, a decrease of 23.43% from ¥41,009,701.57 in the previous year[11] - In Q3 2023, the operating revenue was ¥72,160,682.35, marking a significant increase of 78.43% from ¥40,442,001.63 in Q3 2022[11] - The net profit attributable to shareholders in Q3 2023 was ¥11,360,588.19, down 46.84% from ¥21,368,952.67 in Q3 2022[11] - Net profit for the first nine months of 2023 decreased by 15.18% year-on-year to ¥34,698,866.55, attributed to a decline in sales gross margin and reduced government subsidies[14] - Net profit for the first nine months of 2023 was ¥23,250,520.17, down 43.4% from ¥41,066,523.71 in the same period of 2022[42] Cash Flow - The net cash flow from operating activities for the first three quarters was -¥25,059,674.92, a decline of 141.32% compared to ¥60,651,143.43 in the same period last year[11] - Cash flow from operating activities for the first nine months of 2023 decreased by 141.32% year-on-year to -¥25,059,674.92, primarily due to increased payments for materials and taxes[14] - Cash flow from financing activities for the first nine months of 2023 decreased by 84.76% year-on-year to ¥39,354,903.42, mainly due to funds raised from the company's listing on the Beijing Stock Exchange in the previous year[14] - Total cash inflow from financing activities was $34.14 million, compared to $278 million in the previous period[48] - Cash and cash equivalents at the end of the period totaled $116.39 million, down from $303.52 million year-over-year[48] Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥915,359,366.30, reflecting a 7.47% increase from ¥851,732,242.36 at the end of 2022[12] - The company's total liabilities to assets ratio (consolidated) was 19.75% as of September 30, 2023, compared to 19.07% at the end of 2022[12] - The total liabilities of the company as of September 30, 2023, amounted to ¥180,816,971.65, up from ¥162,459,633.06 at the end of 2022, reflecting an increase of approximately 11.1%[31] - The company's total assets reached ¥915,359,366.30 as of September 30, 2023, compared to ¥851,732,242.36 at the end of 2022, indicating a growth of about 7.5%[31] - The company's current assets as of September 30, 2023, totalled ¥413,968,683.96, a decrease from ¥506,671,563.99 on December 31, 2022, representing a decline of approximately 18.3%[29] Inventory and Borrowings - Inventory increased by 68.65% to ¥113,110,263.84, driven by increased customer orders[13] - The company’s short-term borrowings doubled to ¥29,172,530.68, indicating a 100% increase due to additional working capital loans[13] - The company's short-term borrowings amounted to ¥29,172,530.68 as of September 30, 2023, indicating a new liability compared to the previous period[30] Research and Development - R&D expenses for the first nine months of 2023 increased by 38.13% year-on-year, totaling ¥13,662,450, primarily due to increased employee compensation in the consolidated Kaide Xinbei R&D expenses and the parent company's R&D expenses[14] - Research and development expenses for the first nine months of 2023 were ¥13,662,450.00, compared to ¥9,891,245.19 in 2022, marking an increase of about 38%[38] Shareholder Information - The total number of unrestricted shares increased from 43,909,740 to 60,968,312, representing 81.29% of total shares by the end of the reporting period[18] - The number of shareholders holding more than 5% of shares includes Zhang Zhongshu with 19.19% and Wang Yumin with 10.59%[19] Other Financial Metrics - Other income decreased by 80.95% year-on-year to ¥1,992,617.63, primarily due to a reduction in government subsidies received[14] - Investment income fell by 36.91% year-on-year to ¥178,047.40, mainly due to decreased returns from purchased financial products[14] - Basic earnings per share for the first nine months of 2023 were ¥0.42, down from ¥0.57 in the same period of 2022, indicating a decrease of approximately 26%[39]
凯德石英(835179) - 2023 Q3 - 季度财报