Financial Performance - The company's operating revenue for the first nine months of 2023 reached CNY 116,233,793.99, representing a 9.26% increase compared to CNY 106,382,104.21 in the same period last year[9]. - Net profit attributable to shareholders for the same period was CNY 25,508,905.46, up 6.33% from CNY 23,991,336.52 year-on-year[9]. - The net profit after deducting non-recurring gains and losses decreased by 16.96%, amounting to CNY 18,664,984.99 compared to CNY 22,476,543.11 in the previous year[9]. - Net profit for the first nine months of 2023 was CNY 25,301,832.76, up from CNY 24,129,267.22 in the same period of 2022, reflecting a growth of about 4.9%[33]. - Net profit attributable to the parent company for the first nine months of 2023 was CNY 24,638,505.19, an increase from CNY 24,273,526.32 in the same period of 2022, representing a growth of 1.35%[36]. - The total comprehensive income for the first nine months of 2023 was CNY 24,638,505.19, compared to CNY 24,273,526.32 in 2022, showing a growth of 1.35%[37]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 24,306,551.81, down 17.60% from CNY 29,498,332.12 in the same period last year[9]. - Operating cash flow for the first nine months of 2023 was CNY 24,306,551.81, down from CNY 29,498,332.12 in 2022, a decrease of 17.5%[39]. - Net cash flow from operating activities for the first nine months of 2023 was CNY 20,929,327.61, compared to CNY 22,637,080.50 in the previous year, indicating a decrease of about 7.5%[42]. - The company reported a net cash outflow from investing activities of CNY 14,274,093.81 for the first nine months of 2023, compared to a net outflow of CNY 4,345,203.89 in 2022[39]. - Cash outflow from investment activities for the first nine months of 2023 totaled CNY 63,526,237.24, up from CNY 46,925,965.33 in the same period of 2022, reflecting an increase of approximately 35.4%[42]. - Cash outflow from financing activities was CNY 31,668,978.49 in the first nine months of 2023, significantly higher than CNY 5,147,705.29 in the same period of 2022, representing an increase of approximately 516%[42]. - The ending cash and cash equivalents balance as of September 30, 2023, was CNY 176,535,502.91, down from CNY 199,061,881.81 at the beginning of the period, a decrease of about 11.3%[42]. Assets and Liabilities - The total assets as of September 30, 2023, were CNY 439,033,142.09, a decrease of 2.41% from CNY 449,892,218.65 at the end of the previous year[10]. - Total assets as of September 30, 2023, amounted to CNY 420,884,562.52, a decrease from CNY 430,677,444.19 at the end of 2022[30]. - Current assets totaled CNY 253,469,248.76, down from CNY 265,087,123.52 in the previous year[24]. - Total liabilities decreased to CNY 16,512,565.33 from CNY 19,922,321.68, representing a reduction of approximately 17%[25]. - Total liabilities as of September 30, 2023, were CNY 14,302,709.46, down from CNY 18,614,480.16 at the end of 2022, showing a reduction of approximately 23.5%[30]. - The company's equity attributable to shareholders was CNY 406,581,853.06 as of September 30, 2023, compared to CNY 412,062,964.03 at the end of 2022[30]. Expenses - Sales expenses increased by 46.12% to CNY 18,067,954.39 due to higher personnel costs[11]. - Total operating costs for the first nine months of 2023 were CNY 95,156,067.73, compared to CNY 81,161,717.53 in 2022, indicating a significant increase in costs[33]. - The total operating costs for the first nine months of 2023 were CNY 41,986,146.13, up from CNY 37,549,451.35 in 2022, reflecting an increase of 11.5%[35]. - Research and development expenses for the first nine months of 2023 totaled CNY 8,717,516.87, an increase from CNY 7,025,213.57 in the same period of 2022, indicating a focus on innovation[33]. - Research and development expenses increased to CNY 6,828,715.22 in 2023 from CNY 5,465,514.19 in 2022, reflecting a rise of 24.9%[36]. - Cash paid for purchasing goods and services was CNY 23,868,137.13, up from CNY 17,956,526.39 in the previous year, indicating an increase of about 32.8%[42]. - Cash paid to employees was CNY 42,789,486.55, which is relatively stable compared to CNY 42,236,513.97 in the same period of 2022, showing a slight increase of about 1.3%[42]. Other Information - The company reported no significant litigation or arbitration matters during the reporting period[20]. - There were no external guarantees or loans provided by the company during the reporting period[20]. - The company has not engaged in any share buyback activities or employee incentive plans[20]. - The company has complied with all major event disclosure requirements during the reporting period[20]. - The total number of ordinary shareholders as of the report date was 7,578, with a total share capital of 81,404,368 shares[15].
天纺标(871753) - 2023 Q3 - 季度财报