IBS(SH:603183)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 201,056,452.28, a decrease of 0.24% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 5,788,177.15, an increase of 68.88% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached CNY 5,901,749.67, up 260.86% from the previous year[3]. - Basic earnings per share for the year-to-date period increased by 500.00% to CNY 0.06[3]. - Net profit for the third quarter of 2023 was RMB 36,990,527.37, significantly up from RMB 12,226,267.26 in the same quarter of 2022, marking an increase of 202.4%[22]. - The company’s total profit for the third quarter of 2023 was RMB 40,179,197.64, compared to RMB 9,474,616.22 in the same quarter of 2022, reflecting a substantial increase[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,913,588,061.06, a decrease of 6.13% from the end of the previous year[5]. - The company's current assets totaled RMB 837,093,601.76, down from RMB 961,588,122.27 at the end of 2022, reflecting a decrease of approximately 12.9%[15]. - Total liabilities decreased to RMB 369,767,111.04 from RMB 514,522,139.31, representing a reduction of about 28.2%[18]. - The company's equity attributable to shareholders rose to RMB 1,498,871,902.21 from RMB 1,485,279,984.88, showing an increase of approximately 0.9%[18]. - The company reported a cash flow from operating activities net amount of CNY -19,675,493.56 for the year-to-date period[3]. Cash Flow and Investments - Cash flow from operating activities for the first three quarters of 2023 was negative at RMB -19,675,493.56, worsening from RMB -16,889,206.40 in the same period of 2022[24]. - The company reported a net cash inflow from operating activities of RMB 551,523,870.09 for the first three quarters of 2023, compared to RMB 521,092,695.65 in the same period of 2022[24]. - The company recorded a net increase in cash received from investment activities of RMB 31,000,000.00 in the first three quarters of 2023, up from RMB 20,024,000.00 in the same period of 2022[24]. - Net cash flow from investment activities was -$42.22 million, compared to -$112.30 million in the previous year, showing an improvement of 62.4%[25]. - Total cash inflow from investment activities was $31.08 million, up from $20.14 million year-over-year, representing a 54.5% increase[25]. Expenses - Total operating costs decreased to RMB 423,851,779.32 from RMB 480,534,834.83, representing a reduction of 11.8%[20]. - Research and development expenses for the third quarter of 2023 were RMB 48,044,913.68, slightly down from RMB 48,292,796.40 in the same quarter of 2022[21]. - Sales expenses for the third quarter of 2023 were RMB 28,786,543.30, a decrease from RMB 29,731,372.93 in the same quarter of 2022[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,675[11]. - The weighted average return on equity rose by 1.6 percentage points to 2.07% compared to the end of the previous year[5]. Accounting Standards - The company has adopted new accounting standards starting in 2023, which may affect the financial reporting and comparisons with previous periods[25].