Financial Performance - Revenue for Q3 2023 was CNY 149,192,191.69, a decrease of 40.22% year-over-year[4] - Net profit attributable to shareholders for Q3 2023 was CNY 13,762,141.32, down 55.73% compared to the same period last year[4] - Basic and diluted earnings per share for Q3 2023 were CNY 0.05, a decline of 58.33% year-over-year[4] - Year-to-date revenue as of Q3 2023 was CNY 413,230,450.44, reflecting an 8.33% decrease compared to the previous year[4] - Year-to-date net profit attributable to shareholders increased by 69.15% to CNY 42,855,374.33[4] - Year-to-date net profit excluding non-recurring gains and losses rose by 92.29% to CNY 40,927,763.44[4] - Total operating revenue for the first three quarters of 2023 was CNY 413,230,450.44, a decrease of 8.3% compared to CNY 450,770,909.67 in the same period of 2022[17] - Net profit for the first three quarters of 2023 reached ¥42,855,351.83, an increase of 41.6% compared to ¥30,214,693.15 in the same period of 2022[18] - Operating profit for the first three quarters of 2023 was ¥45,780,255.88, up from ¥27,858,617.04 in the first three quarters of 2022, reflecting a growth of 64.3%[18] - Total revenue from sales of goods and services for the first three quarters of 2023 was ¥507,181,787.12, compared to ¥430,332,252.16 in the same period of 2022, marking an increase of 17.9%[21] - The total comprehensive income for the first three quarters of 2023 was ¥42,855,351.83, compared to ¥30,214,693.15 in the same period of 2022, showing a growth of 41.6%[19] Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 1,236,126,139.79, a decrease of 4.12% from the end of the previous year[5] - Total assets as of September 30, 2023, were CNY 1,236,126,139.79, down from CNY 1,289,228,024.84 at the end of 2022, a decrease of 4.1%[14] - Total liabilities decreased to CNY 201,118,108.37 from CNY 288,238,395.64, a reduction of 30.3%[15] - Shareholders' equity increased to CNY 1,035,008,031.42 from CNY 1,000,989,629.20, reflecting a growth of 3.4%[15] Cash Flow and Investments - The company reported cash flow from operating activities of CNY 141,348,651.06 year-to-date[4] - Cash and cash equivalents as of September 30, 2023, amounted to CNY 316,544,622.46, an increase of 29.2% from CNY 245,002,489.88 at the end of 2022[13] - The company reported a net increase in cash and cash equivalents of 70,442,132.58, compared to a decrease of -42,268,519.85 in the same period of 2022[23] - The ending balance of cash and cash equivalents as of the end of the reporting period was 313,536,622.46, up from 287,819,056.69 in the previous year[23] - The company obtained cash from loans totaling 35,000,000.00, compared to 30,000,000.00 in the previous year[23] - The company received tax refunds amounting to ¥2,302,862.32 in the first three quarters of 2023, compared to ¥300,192.70 in the same period of 2022, indicating a significant increase[22] - The investment income for the first three quarters of 2023 was ¥688,957.21, a recovery from a loss of ¥79,983.49 in the same period of 2022[18] Operational Efficiency - Total operating costs for the first three quarters of 2023 were CNY 372,647,016.51, down 11.3% from CNY 419,882,982.87 in the previous year[17] - Accounts receivable decreased to CNY 149,605,022.12 from CNY 225,585,351.18, representing a decline of 33.7%[13] - Inventory increased to CNY 245,255,081.98, up 11.4% from CNY 220,121,301.51 at the end of 2022[13] - Research and development expenses decreased to ¥26,152,459.70 in the first three quarters of 2023 from ¥31,588,964.29 in the same period of 2022, a reduction of 17.3%[18] - The company reported a decrease in sales expenses to ¥5,945,068.95 in the first three quarters of 2023 from ¥4,864,482.48 in the same period of 2022, indicating a rise of 22.1%[18] Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[17] Shareholder Information - The top shareholder, Tan Shili, holds 21.70% of the shares, with a total of 57,098,945 shares[10] Miscellaneous - The company did not apply new accounting standards or interpretations for the current year[23] - The impact of exchange rate changes on cash and cash equivalents was -20,066.08, slightly worse than -100.40 in the previous year[23] - The company paid out 20,159,693.45 in dividends and interest, an increase from 15,916,128.91 in the previous year[23] - The total cash inflow from financing activities amounted to 61,706,240.00, while cash outflow was 59,680,593.45, resulting in a net cash flow from financing activities of -59,680,593.45[23]
克来机电(603960) - 2023 Q3 - 季度财报