JDM(SH:603088)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥149,539,930.82, representing a decrease of 6.40% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥24,641,512.12, down 31.65% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥23,897,961.04, a decrease of 25.79% compared to the previous year[5]. - Basic earnings per share for Q3 2023 were ¥0.06, down 25.00% from the same period last year[6]. - Total operating revenue for the first three quarters of 2023 reached ¥507,091,266.20, an increase of 8.32% compared to ¥468,126,549.65 in the same period of 2022[20]. - Net profit for the first three quarters of 2023 was ¥118,868,780.48, representing a 16.31% increase from ¥102,238,216.78 in the previous year[22]. - Earnings per share for the first three quarters of 2023 were ¥0.27, compared to ¥0.23 in the same period of 2022, indicating a growth of 17.39%[23]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥124,311,318.45, an increase of 117.90% year-on-year[6]. - Cash inflow from operating activities totaled ¥497,825,005.14 for the first three quarters of 2023, compared to ¥398,106,052.86 in 2022, an increase of 24.97%[24]. - The net cash flow from operating activities for Q3 2023 was $124.31 million, a significant increase from $57.05 million in Q3 2022, representing a growth of 118.7%[25]. - Total cash outflows from operating activities reached $373.51 million, an increase from $341.06 million in the previous year[25]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,350,095,097.67, reflecting a slight increase of 0.60% from the end of the previous year[6]. - The total liabilities decreased to ¥660,466,107.03 in Q3 2023 from ¥693,591,391.41 in Q3 2022, a reduction of 4.77%[18]. - The total liabilities decreased from ¥1,074,322,407.80 to ¥1,072,033,730.97, indicating a slight reduction[16]. - The company's cash and cash equivalents decreased to ¥220,758,992.99 from ¥274,139,432.09, a decline of approximately 19.5%[16]. - The company's inventory increased to ¥439,486,013.38 from ¥424,823,955.91, reflecting a growth of about 3.9%[16]. - Short-term borrowings decreased significantly from ¥15,339,000.00 to ¥400,000.00, a reduction of approximately 97.4%[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,067[13]. - Ningbo Chengxing Holdings Co., Ltd. holds 29.45% of shares, totaling 128,970,386 shares[14]. - The number of shares held by the top ten shareholders reflects a concentration of ownership, with the top shareholder holding nearly 29.45%[14]. Research and Development - Research and development expenses increased by 42.21%, primarily due to higher personnel costs and direct investments[10]. - Research and development expenses increased to ¥26,196,353.82 in 2023 from ¥18,420,927.91 in 2022, marking a rise of 42.14%[20]. Financial Expenses - The company’s financial expenses rose by 123.06% year-on-year, impacting net profit[11]. Other Financial Metrics - The company reported a profit before tax of ¥138,141,028.77 for the first three quarters of 2023, up from ¥119,145,601.15 in 2022, an increase of 15.93%[22]. - Other comprehensive income after tax for the first three quarters of 2023 was ¥15,773.90, down from ¥71,279.28 in 2022, a decrease of 77.85%[23]. Investment Activities - Cash outflows from investing activities totaled $318.14 million, compared to $427.04 million in the same period last year, indicating a decrease of 25.5%[25]. - The net cash flow from investing activities was -$61.48 million, a decline from $180.46 million in Q3 2022[25]. - The cash flow from investment activities included cash received from investment recoveries of $249.92 million, down from $598.63 million in the previous year[25]. - The company reported a decrease in cash received from investment income, totaling $2.65 million compared to $3.01 million in Q3 2022[25]. Dividends and Interest - The company paid $95.95 million in dividends and interest, compared to $56.95 million in Q3 2022, reflecting a rise of 68.4%[25]. Strategic Developments - The company has not reported any significant new strategies or product developments in the current quarter[15].