ASCF(SH:600855)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥308,974,729.12, a decrease of 26.24% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥34,151,431.36, representing a significant decline of 6,076.83% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥38,581,484.80, with no applicable year-on-year comparison[3]. - The basic earnings per share for Q3 2023 was -¥0.0743, a decrease of 5,815.38% compared to the same period last year[4]. - The diluted earnings per share for Q3 2023 was -¥0.0740, a decrease of 5,792.31% year-on-year[4]. - Total revenue for the first three quarters of 2023 was ¥859,477,859.67, a decrease of 19.3% compared to ¥1,065,803,060.13 in the same period of 2022[19]. - Net loss for the third quarter of 2023 was ¥79,328,447.66, compared to a net loss of ¥27,636,508.37 in the same quarter of 2022, indicating a significant increase in losses[20]. - The basic earnings per share for Q3 2023 was -¥0.1586, compared to -¥0.0527 in Q3 2022, indicating a worsening of earnings per share[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,162,353,681.12, an increase of 3.50% from the end of the previous year[4]. - The company's total liabilities decreased to ¥2,004,571,888.93 in Q3 2023 from ¥2,130,041,980.85 in Q3 2022, a reduction of approximately 5.9%[19]. - The total equity attributable to shareholders increased to ¥2,010,160,489.13 in Q3 2023 from ¥1,759,501,932.03 in Q3 2022, representing a growth of 14.2%[17]. - Current assets totaled CNY 3,331,340,136.04, up from CNY 3,214,983,926.67, indicating an increase of about 3.6%[15]. - Cash and cash equivalents reached CNY 799,396,472.91, compared to CNY 765,372,360.52 at the end of 2022, representing a growth of approximately 4.4%[14]. - The company reported an increase in contract liabilities to ¥444,383,928.46 in Q3 2023 from ¥378,129,804.21 in Q3 2022, an increase of 17.5%[19]. Cash Flow and Investments - The company's cash flow from operating activities showed a significant decline, reflecting challenges in maintaining liquidity during the period[22]. - Cash inflow from operating activities for the first three quarters of 2023 was CNY 942,744,725.79, a decrease of 14.05% compared to CNY 1,096,533,250.61 in the same period of 2022[24]. - Net cash outflow from operating activities was CNY -195,744,661.55, an improvement from CNY -279,643,718.28 in the previous year[24]. - Cash outflow for investing activities was CNY 70,406,047.54, compared to CNY 24,436,435.83 in the same period last year, indicating increased investment activity[24]. - Investment activities resulted in a net cash outflow of ¥201,987,556.79, contrasting with a net inflow of ¥5,490,150.18 in the previous year[33]. - The company raised ¥322,834,895.22 from financing activities, significantly improving its cash position compared to the previous year[33]. Research and Development - Research and development expenses for the first three quarters of 2023 were ¥67,236,796.62, down from ¥77,091,425.36 in the same period of 2022, a decrease of 12.4%[19]. - Research and development expenses decreased to ¥20,377,492.00 from ¥25,201,206.91, a reduction of approximately 19.5%[30]. Contracts and Future Plans - The company signed new contracts worth ¥1.33 billion in Q3 2023, a year-on-year increase of 9.56%[8]. - The company plans to accelerate project acceptance and collection efforts in the public safety sector in Q4 2023[8]. - The company aims to enhance profitability by expanding new customer bases in the infrared optoelectronic business and speeding up new product orders and deliveries[8]. - The company has not disclosed any new product developments or market expansion strategies in the current report[13].