VASTDATA(SH:603138)2023-10-20 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥58,073,039.59, representing a decrease of 13.08% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was -¥26,331,793.95, with a year-to-date net profit of -¥85,352,160.23, indicating a significant loss[3]. - Basic and diluted earnings per share for Q3 2023 were both -¥0.093, with a year-to-date figure of -¥0.301[4]. - Total operating revenue for the first three quarters of 2023 was CNY 163,464,345.85, a decrease from CNY 200,196,135.90 in the same period of 2022, representing a decline of approximately 18.4%[19]. - Net profit for the third quarter of 2023 was CNY -87,936,221.88, compared to CNY -65,844,632.15 in the same quarter of 2022, reflecting an increase in net loss of approximately 33.5%[21]. - The basic earnings per share for the third quarter of 2023 was CNY -0.301, compared to CNY -0.207 in the same quarter of 2022, indicating a worsening in earnings per share[21]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date period was -¥67,569,626.19, reflecting a decline in cash inflow due to reduced operating revenue[4]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY -67,569,626.19, worsening from CNY -49,375,443.27 in the same period of 2022[22]. - The net cash flow from investment activities was -194,381,650.80, compared to -198,909,422.29 in the previous year, indicating a slight improvement[23]. - Total cash inflow from financing activities was 2,147,500.00, while cash outflow was 6,772,468.01, resulting in a net cash flow of -6,772,468.01, compared to -13,988,762.01 last year[23]. - The company reported a total cash outflow from investment activities of 756,185,798.63, compared to 359,747,253.42 in the previous year, indicating increased investment activity[23]. - Cash received from other investment activities amounted to 561,804,147.83, showing a significant increase compared to 160,837,831.13 last year[23]. - The company’s cash flow from investment activities reflects a strategic focus on growth despite the negative net cash flow[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥906,087,656.31, down 11.56% from the end of the previous year[4]. - The equity attributable to shareholders decreased to ¥815,349,508.01, a decline of 8.09% compared to the previous year[4]. - The company's total current assets as of September 30, 2023, amount to RMB 793,832,914.40, a decrease from RMB 920,870,828.27 at the end of 2022[15]. - Total non-current assets increased to RMB 112,254,741.91 from RMB 103,690,815.45 year-over-year[16]. - The total liabilities as of the end of the third quarter of 2023 were CNY 108,298,303.35, down from CNY 156,009,650.73 at the end of the previous year[17]. - Current liabilities decreased to RMB 101,680,115.44 from RMB 140,936,718.29 year-over-year[16]. Research and Development - The company continues to increase investment in research and development, which has contributed to the current financial losses[8]. - Research and development expenses for the third quarter of 2023 amounted to CNY 104,895,754.79, up from CNY 75,388,616.05 in the previous year, marking an increase of about 39.2%[20]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,014[11]. - The largest shareholder, Chen Zhimin, holds 70,629,737 shares, representing 24.94% of total shares[12]. Other Notable Information - The company has not reported any new product launches or significant market expansion strategies during this quarter[1]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[14]. - The company did not apply the new accounting standards starting in 2023, which may affect the comparability of financial data[23].