Financial Performance - Total revenue for the first nine months of 2023 was ¥177,787,965.52, a decrease of 6.41% compared to ¥189,965,420.80 in the same period last year[11]. - Net profit attributable to shareholders for the first nine months of 2023 was -¥24,427,390.75, a decline of 264.01% from a profit of ¥14,893,843.04 in the previous year[11]. - In Q3 2023, total revenue was ¥67,426,866.99, representing a 9.53% increase from ¥61,561,949.84 in Q3 2022[11]. - The net profit attributable to shareholders in Q3 2023 was -¥9,344,567.40, a decrease of 326.64% compared to a profit of ¥4,123,123.27 in Q3 2022[11]. - Net profit decreased by 265.37% to -¥24,629,661.18, mainly due to a decline in sales revenue from precision components in the 3C field and significant fixed costs from new projects[14]. - Basic and diluted earnings per share for the first nine months of 2023 were both -¥0.16, compared to ¥0.11 in the same period of 2022[37]. - Total profit for the first nine months of 2023 was a loss of ¥28.97 million, compared to a profit of ¥7.26 million in the same period of 2022[39]. Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was -¥4,905,518.12, down 118.58% from ¥26,395,149.39 in the same period last year[11]. - Operating cash flow for the first nine months of 2023 was negative at ¥4.91 million, a decrease from a positive cash flow of ¥26.40 million in 2022[42]. - The company generated ¥192.84 million in cash from operating activities in 2023, down from ¥238.01 million in 2022[42]. - Investment cash flow net amount decreased by 94.15% to -¥5,675,914.73, primarily due to a reduction in the purchase of financial products[14]. - Financing cash flow net amount decreased by 75.68% to ¥22,584,366.25, mainly due to significant bank loan repayments in the previous year[14]. - Total cash inflow from financing activities was $65.96 million in 2023, down from $197.60 million in 2022, representing a decrease of about 66.6%[46]. - Cash received from sales and services in the first nine months of 2023 was $157.67 million, down from $177.57 million in 2022, marking a decrease of about 11.2%[45]. Assets and Liabilities - Total assets as of September 30, 2023, were ¥459,306,170.02, a slight decrease of 0.69% from ¥462,516,123.70 at the end of 2022[12]. - The total liabilities to assets ratio (consolidated) increased to 34.56% from 29.87% at the end of 2022[12]. - Current assets totaled CNY 243,681,500.92, down from CNY 277,543,970.39, indicating a decrease of approximately 12.2%[29]. - Total liabilities increased to CNY 158,740,932.92 from CNY 138,169,151.51, representing a rise of about 14.8%[31]. - The total equity attributable to shareholders decreased to CNY 299,967,507.53 from CNY 324,346,972.19, reflecting a decrease of approximately 7.5%[31]. Expenses - Sales expenses for the current year totaled ¥11,130,929.40, an increase of 52.07% due to higher salaries and promotional costs in the new energy vehicle sector[13]. - Management expenses increased by 44.29% to ¥23,493,877.83, primarily due to the introduction of a management team for the development of new energy vehicles and energy storage[14]. - R&D expenses rose by 69.27% to ¥17,090,150.80, attributed to the addition of production lines and increased investment in R&D projects[14]. - Total operating costs increased to ¥199,354,451.71, up 8.36% from ¥183,849,329.87 year-over-year[36]. - The company reported a significant increase in sales expenses to ¥11,130,929.40, up 52.5% from ¥7,319,442.18[36]. Other Financial Metrics - The company reported a significant increase in other receivables by 848.55% to ¥15,574,997.93, primarily due to a deposit of ¥15 million for leasing factory premises[12]. - The company reported a significant increase in asset impairment losses by 3860.63% to -¥4,247,506.80, reflecting higher inventory write-downs[14]. - Non-recurring gains and losses totaled ¥2,137,241.60, with a net amount after tax of ¥1,816,768.10[16]. - The company has no significant litigation or arbitration matters reported during the period[24]. - There were no new major acquisitions or asset sales disclosed in the reporting period[25]. - The company has fulfilled all disclosed commitments without any overdue obligations[25].
荣亿精密(873223) - 2023 Q3 - 季度财报