Financial Performance - Operating revenue for the first nine months decreased by 9.64% to CNY 465,886,837.97 compared to the same period last year[11] - Net profit attributable to shareholders dropped by 56.72% to CNY 23,275,713.57 year-on-year[11] - The company reported a 7.72% increase in operating revenue for Q3 2023, reaching CNY 173,702,600.61 compared to Q3 2022[11] - Net profit attributable to shareholders for Q3 2023 decreased by 72.74% to CNY 5,922,294.66 compared to Q3 2022[11] - Total operating revenue for the first nine months of 2023 was CNY 465.89 million, a decrease of 9.63% compared to CNY 515.56 million in the same period of 2022[45] - Net profit for the first nine months of 2023 was CNY 23.28 million, down 56.68% from CNY 53.77 million in 2022[47] - The net profit for Q3 2023 was CNY 23,172,257.13, a decrease of 56.1% compared to CNY 52,832,884.60 in Q3 2022[49] - Operating profit for Q3 2023 was CNY 21,291,079.28, down 62.4% from CNY 56,544,467.23 in the same period last year[49] Assets and Liabilities - Total assets increased by 15.49% to CNY 1,069,097,827.38 compared to the end of last year[11] - Total liabilities decreased to CNY 531,361,237.82 from CNY 603,965,952.75, a reduction of approximately 12%[39] - Total current assets increased to CNY 604,821,820.50 from CNY 510,595,378.90 in the previous year, representing a growth of approximately 18.4%[37] - Total non-current assets reached CNY 464,276,006.88, up from CNY 415,112,141.74, marking an increase of approximately 11.8%[38] - Cash and cash equivalents increased by 257.81% to CNY 241,722,291.20 due to significant fundraising activities[13] - Cash and cash equivalents rose to CNY 241,722,291.20, compared to CNY 67,556,712.07 at the end of 2022, indicating a significant increase[37] - Total liabilities decreased to CNY 535.94 million in Q3 2023 from CNY 608.24 million in Q3 2022, a reduction of 11.93%[46] Shareholder Equity - Net assets attributable to shareholders increased by 67.13% to CNY 537,736,589.56 year-on-year[11] - Shareholders' equity increased significantly to CNY 537,736,589.56 from CNY 321,741,567.89, representing a growth of about 67.2%[39] - The total number of ordinary shares increased to 98,000,000, a rise of 33.33% due to the public issuance[15] - Basic and diluted earnings per share for the first nine months of 2023 were CNY 0.29, compared to CNY 0.73 in the same period of 2022[47] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.29, down from CNY 0.72 in Q3 2022[50] Cash Flow - Cash flow from operating activities decreased by 69.28% to CNY 41,862,782.98 compared to the same period last year[11] - The cash flow from operating activities for the first nine months of 2023 was CNY 41,862,782.98, down 69.3% from CNY 136,258,886.49 in the same period last year[51] - The company reported a significant increase in cash flow from financing activities, which rose by 208.55% to CNY 96,211,816.42, reflecting increased cash from investments[15] - The net cash flow from financing activities was CNY 96,211,816.42, up from CNY 31,182,331.66, marking a growth of 208.5%[54] - Cash inflow from financing activities increased significantly to CNY 225,600,000.00, compared to CNY 65,000,000.00 in the previous year[54] Operational Efficiency - Operating profit decreased by 63.73% to CNY 21,037,367.93, attributed to a decline in gross margin and an increase in accounts receivable[15] - Total operating costs for the first nine months of 2023 were CNY 450.04 million, down from CNY 473.76 million in 2022, reflecting a reduction of 5.02%[45] - The company reported a decrease in research and development expenses to CNY 17.49 million in 2023 from CNY 20.15 million in 2022, a decline of 13.19%[46] - The company reported a decrease in research and development expenses to CNY 17,485,370.16 in Q3 2023 from CNY 20,148,519.10 in Q3 2022, reflecting a reduction of 13.2%[49] Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[39] - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[46] Miscellaneous - The company has no litigation or arbitration matters reported during the period[26] - The company has no significant related party transactions beyond those disclosed[26] - The company has confirmed that all disclosed commitments have been fulfilled without any violations during the reporting period[30] - The company’s financial report has not been audited[36]
豪声电子(838701) - 2023 Q3 - 季度财报