SGP(SH:603586)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was ¥361,475,382.42, a decrease of 27.45% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2023 was ¥14,064,439.60, down 75.01% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥19,416,184.33, a decline of 70.76% compared to the previous year[4] - Basic and diluted earnings per share for Q3 2023 were both ¥0.07, reflecting a decrease of 75.86% year-on-year[5] - Total operating revenue for the first three quarters of 2023 was ¥1,242,572,625.45, a decrease of 11.7% compared to ¥1,407,778,178.40 in the same period of 2022[22] - Net profit for the first three quarters of 2023 was ¥100,210,128.24, a decline of 20.4% from ¥125,803,936.18 in the same period of 2022[23] - The company reported a total profit of ¥121,420,891.59 for the first three quarters of 2023, down from ¥153,274,580.13 in the previous year[23] - The total comprehensive income for the first three quarters of 2023 was CNY 6.87 million, a decrease of 94.1% from CNY 116.57 million in the same period of 2022[34] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,561,521,329.25, down 10.09% from the end of the previous year[5] - Total liabilities as of September 30, 2023, were ¥337,872,997.57, significantly reduced from ¥628,804,814.85 at the end of 2022[19] - Total current liabilities decreased to RMB 321,364,088.89 from RMB 612,346,822.14[18] - Current liabilities decreased to CNY 223,355,736.50 from CNY 523,974,518.64 at the end of 2022, indicating improved liquidity[31] - The company's total equity decreased to CNY 1,724,085,579.35 from CNY 1,813,034,797.87 at the end of 2022[32] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥200,438,851.48, an increase of 898.43%[4] - Operating cash inflow for the first three quarters of 2023 was CNY 1,364,255,008.67, a decrease of 8.5% compared to CNY 1,491,570,628.87 in the same period of 2022[26] - Cash flow from operating activities generated a net amount of CNY 72.13 million, a significant improvement from a net outflow of CNY 19.87 million in the same period last year[36] - Cash flow from investing activities showed a net inflow of CNY 34.95 million, compared to a net outflow of CNY 114.31 million in the previous year[36] - Cash flow from financing activities resulted in a net outflow of CNY 353.97 million, worsening from a net outflow of CNY 78.19 million in 2022[37] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,522[13] - The company has a total of 90,672,757 shares held by its largest shareholder, accounting for 46.25% of total shares[13] Expenses - Total operating costs for the first three quarters of 2023 were ¥1,085,974,276.77, down 11.3% from ¥1,224,538,812.64 in the previous year[22] - Research and development expenses for the first three quarters of 2023 were ¥54,081,329.05, an increase from ¥50,798,473.37 in the same period of 2022[22] - The company reported a decrease in sales expenses to CNY 19.07 million from CNY 11.39 million, an increase of 67.5% year-over-year[33] - Research and development expenses slightly decreased to CNY 27.45 million from CNY 28.90 million, a decline of 5%[33] Inventory and Cash Equivalents - The company's inventory as of September 30, 2023, was CNY 178,755,423.78, slightly down from CNY 181,435,578.06 at the end of 2022[30] - The company's cash and cash equivalents at the end of Q3 2023 were CNY 686,715,762.10, down from CNY 711,327,448.38 at the end of 2022[27] - The cash and cash equivalents at the end of the period were CNY 277.47 million, down from CNY 357.92 million at the end of the previous year[37]