Cybrid(SH:603212)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was CNY 1,119,530,113.92, representing a year-on-year increase of 16.30%[4] - The net profit attributable to shareholders for Q3 2023 was CNY 34,896,037.57, a decrease of 34.72% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 33,432,690.07, down 33.68% year-on-year[4] - The basic earnings per share for Q3 2023 was CNY 0.08, a decline of 38.46% compared to the previous year[4] - The net profit attributable to shareholders for the year-to-date period decreased by 62.71% compared to the same period last year[9] - Net profit for the third quarter of 2023 was ¥84,919,690.02, a decrease of 62.8% from ¥228,261,975.43 in the same quarter of 2022[19] - Total comprehensive income attributable to the parent company for Q3 2023 was CNY 85,254,662.34, compared to CNY 228,607,538.47 in Q3 2022, representing a significant decrease[20] - Basic and diluted earnings per share for Q3 2023 were CNY 0.19, down from CNY 0.56 in Q3 2022[20] Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 5,073,866,394.85, an increase of 2.00% from the end of the previous year[5] - Total assets as of September 30, 2023, amounted to RMB 5,073,866,394.85, compared to RMB 4,974,301,557.94 as of December 31, 2022, reflecting an increase of approximately 2.0%[13] - Total liabilities increased to ¥2,065,404,736.18 in Q3 2023 from ¥2,006,066,383.35 in Q3 2022, marking a rise of 2.9%[16] - Non-current assets totaled RMB 1,299,559,711.70, up from RMB 1,223,528,482.58, which is an increase of about 6.2%[14] Cash Flow - The company reported a net cash flow from operating activities of CNY -244,543,115.49 for the year-to-date period[4] - Cash inflow from operating activities for the first three quarters of 2023 was CNY 2,549,670,976.76, an increase from CNY 2,287,285,847.45 in the same period of 2022[21] - Net cash flow from operating activities for Q3 2023 was -CNY 244,543,115.49, compared to -CNY 225,752,818.15 in Q3 2022[21] - Cash outflow from investing activities for Q3 2023 totaled CNY 273,645,992.09, down from CNY 1,187,570,192.93 in Q3 2022[21] - Net cash flow from financing activities for Q3 2023 was -CNY 44,475,258.33, compared to a positive CNY 202,297,505.20 in Q3 2022[21] - The ending balance of cash and cash equivalents as of Q3 2023 was CNY 506,136,381.98, down from CNY 860,860,931.40 at the end of Q3 2022[21] - The company reported a net increase in cash and cash equivalents of -CNY 362,039,629.09 for Q3 2023, compared to -CNY 156,088,873.92 in Q3 2022[21] Research and Development - Research and development expenses increased by CNY 22,150,000 compared to the same period last year, impacting net profit[9] - Research and development expenses for the first three quarters of 2023 were ¥138,972,392.47, significantly higher than ¥86,583,904.40 in the same period of 2022, indicating a growth of 60.5%[18] Shareholder Information - The company reported a total of 49,677 common shareholders at the end of the reporting period[11] - The largest shareholder, Suzhou High-tech Zone Fanyang Technology Development Co., Ltd., holds 26.35% of the shares, totaling 115,968,024 shares[11] Market and Future Outlook - The company experienced a decline in demand in the first half of the year due to fluctuations in raw material prices and reduced inventory in the electric vehicle sector[9] - The company has not disclosed any significant new product developments or technological advancements during the reporting period[12] - There are no updates on market expansion or mergers and acquisitions in the current report[12] - The company has not provided specific future guidance or performance outlook for the upcoming quarters[12]