Wondertek(SH:603189)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥68,260,726.20, representing a decrease of 7.13% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was -¥15,924,261.92, a decline of 226.11% year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥26,848,853.78, down 329.97% from the previous year[5] - The basic earnings per share for Q3 2023 was -¥0.06, a decrease of 252.61% compared to the same period last year[6] - The diluted earnings per share for Q3 2023 was also -¥0.06, reflecting a similar decline of 252.61% year-over-year[6] - Total operating revenue for the first three quarters of 2023 was ¥213,803,391.59, a decrease of approximately 11.6% compared to ¥241,841,570.57 in the same period of 2022[21] - Net profit for the first three quarters of 2023 was a loss of ¥51,495,818.47, compared to a profit of ¥47,033,677.37 in the same period last year[22] - The company’s total comprehensive income for the first three quarters of 2023 was a loss of ¥91,725,740.27, compared to a gain of ¥39,311,773.78 in the previous year[23] - Basic and diluted earnings per share for the third quarter of 2023 were both -¥0.19, down from ¥0.17 in the same quarter of 2022[23] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,755,310,506.30, down 6.19% from the end of the previous year[6] - The equity attributable to shareholders decreased by 6.98% to ¥1,599,527,035.31 compared to the end of the previous year[6] - As of September 30, 2023, the total current assets amounted to CNY 1,089,513,129.27, a decrease from CNY 1,179,996,882.56 at the end of 2022, representing a decline of approximately 7.65%[16] - The total liabilities as of September 30, 2023, were CNY 155,783,470.99, compared to CNY 151,414,841.96 at the end of 2022, indicating a slight increase of approximately 2.49%[18] - The total assets decreased to CNY 1,755,310,506.30 from CNY 1,871,056,140.11, marking a reduction of about 6.19%[19] - The company's retained earnings decreased to CNY 244,078,423.55 from CNY 323,962,764.60, a decline of approximately 24.66%[19] - The total equity attributable to shareholders decreased to CNY 1,599,527,035.31 from CNY 1,719,641,298.15, a decline of approximately 6.98%[19] - The company's inventory slightly decreased to CNY 64,029,545.07 from CNY 64,513,182.08, reflecting a decrease of about 0.75%[17] - The total non-current assets amounted to CNY 665,797,377.03, down from CNY 691,059,257.55, indicating a decrease of approximately 3.65%[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥1,231,747.33, an increase of 103.04%[6] - The company reported a net cash flow from operating activities of ¥1,231,747.33, a recovery from a negative cash flow of ¥40,581,382.14 in the previous year[26] - The company’s total cash inflow from operating activities was ¥277,524,017.47, an increase from ¥225,433,581.00 in the previous year[26] - The company’s total cash outflow from operating activities was ¥276,292,270.14, compared to ¥266,014,963.14 in the same period last year[26] - Investment activities generated a net cash flow of ¥76,378,014.96, compared to a negative cash flow of ¥125,359,878.13 in the same period of 2022[26] Research and Development - The company experienced a significant decline in net profit due to rising labor costs and increased R&D investments to enhance market competitiveness[10] - The company reported a 61.00% increase in R&D expenses, indicating a continued focus on innovation and development[10] - Research and development expenses rose significantly to ¥69,157,475.58, an increase of 60.5% compared to ¥42,954,968.35 in 2022[21] Financing Activities - Cash inflow from financing activities totaled $17,036,769.41 in Q3 2023, down from $52,386,629.00 in Q3 2022, representing a decrease of approximately 67.5%[27] - Cash outflow from financing activities amounted to $44,156,306.40 in Q3 2023, compared to $140,071,422.09 in Q3 2022, indicating a reduction of about 68.5%[27] - The net cash flow from financing activities was -$27,119,536.99 in Q3 2023, a significant improvement from -$87,684,793.09 in Q3 2022[27] - The company repaid $15,000,000.00 in debt during Q3 2023, compared to $110,000,000.00 in Q3 2022, reflecting a decrease of approximately 86.4%[27] - Dividend payments and interest paid totaled $27,156,306.40 in Q3 2023, slightly down from $27,689,237.67 in Q3 2022[27] Cash Position - The company's cash and cash equivalents increased to CNY 340,638,274.12 from CNY 289,458,989.72, reflecting a growth of about 17.68% year-over-year[16] - The cash and cash equivalents at the end of Q3 2023 increased to $333,539,750.98, up from $314,084,397.91 at the end of Q3 2022[27] - The net increase in cash and cash equivalents for Q3 2023 was $50,666,525.36, contrasting with a decrease of $252,920,462.49 in Q3 2022[27] - The impact of exchange rate changes on cash and cash equivalents was $176,300.06 in Q3 2023, compared to $705,590.87 in Q3 2022[27] - The company’s cash position improved significantly, indicating a stronger liquidity position compared to the previous year[27] Accounting Standards - The company did not apply new accounting standards or interpretations for the first time in 2023[27]