Tederic(SH:603289)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥229,798,141.20, a decrease of 33.54% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2023 was ¥20,239,932.14, down 46.98% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,405,628.08, a decline of 37.54% compared to the previous year[6] - Basic earnings per share for Q3 2023 were ¥0.07, a decrease of 46.15% from the previous year[7] - Total operating revenue for the first three quarters of 2023 was RMB 776,593,171.90, a decrease of 15.0% compared to RMB 913,592,972.82 in the same period of 2022[21] - Net profit for the first three quarters of 2023 was RMB 82,817,228.40, a decline of 20.0% from RMB 103,588,880.82 in the same period of 2022[22] - Earnings per share for the first three quarters of 2023 were RMB 0.28, compared to RMB 0.35 in the same period of 2022[22] Cash Flow - The cash flow from operating activities for the year-to-date period increased by 641.01% to ¥150,777,017.01[7] - Operating cash flow for the first three quarters of 2023 reached ¥150,777,017.01, a significant increase of 639.5% compared to ¥20,347,425.78 in the same period of 2022[25] - Total cash inflow from operating activities was ¥765,271,378.09, up from ¥702,017,866.22 year-on-year, reflecting a growth of approximately 9%[25] - Cash outflow from operating activities decreased to ¥614,494,361.08 from ¥681,670,440.44, indicating a reduction of about 9.8%[25] - The ending balance of cash and cash equivalents increased to ¥174,108,748.92, compared to ¥114,164,829.25 at the end of the same period last year, reflecting a growth of about 52.5%[27] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥2,243,559,464.62, reflecting a 12.77% increase from the end of the previous year[7] - The company's equity attributable to shareholders increased by 3.24% to ¥1,393,750,172.06 compared to the end of the previous year[7] - Total current liabilities rose to CNY 831,825,431.90 from CNY 633,207,093.00, indicating an increase of 31.4%[17] - The company’s total liabilities increased to CNY 1,863,697,255.10, compared to CNY 1,366,457,386.00 at the end of 2022, reflecting a rise of 36.5%[17] - Total liabilities as of the end of the third quarter of 2023 amounted to RMB 849,809,292.56, an increase from RMB 639,538,934.41 at the end of the previous year[18] Shareholder Information - The number of common shareholders at the end of the reporting period was 14,809[13] - The top shareholder, Hangzhou Tederic Investment Management Co., Ltd., holds 39.58% of the shares, totaling 117,054,418 shares[13] Other Financial Metrics - The return on equity (ROE) for Q3 2023 was 1.46%, a decrease of 1.40 percentage points compared to the previous year[7] - Non-recurring gains and losses for Q3 2023 totaled ¥1,834,304.06, compared to ¥811,826.61 for the year-to-date period[10] - The company reported a decrease in research and development expenses to RMB 47,754,522.86 from RMB 45,470,628.31 in the previous year, indicating a focus on cost management[21] - Other income for the first three quarters of 2023 was RMB 7,253,654.03, down from RMB 11,007,082.35 in the same period of 2022[21] - The company experienced a financial expense reduction, reporting a financial income of RMB -3,235,600.05 compared to RMB -11,612,166.58 in the previous year[21] - Deferred income as of the end of the third quarter was RMB 17,983,860.66, compared to RMB 6,331,841.41 in the previous year, indicating potential future revenue recognition[18] Investment Activities - Investment activities generated a net cash outflow of ¥181,440,093.50, compared to a net outflow of ¥149,207,537.77 in the previous year, representing an increase in cash outflow of approximately 21.6%[27] - Cash received from other investment activities decreased significantly to ¥199,809,876.76 from ¥446,097,193.15, a drop of approximately 55.2%[25] - The company reported a cash outflow of ¥100,000,000.00 for other investment activities, down from ¥369,700,000.00, indicating a reduction of about 73%[27] Accounting Standards - The company did not implement new accounting standards or interpretations affecting the financial statements for the year[29]