Original(SH:603991)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 60,016,430.98, representing an increase of 87.73% compared to the same period last year[5] - The net profit attributable to shareholders for the same period was a loss of CNY 4,489,147.64, with a year-to-date loss of CNY 14,094,069.81[5] - The basic and diluted earnings per share for Q3 2023 were both CNY -0.06, with a year-to-date figure of CNY -0.19[6] - The company reported a net loss of RMB 52,828,630.26 for the first three quarters of 2023, worsening from a loss of RMB 38,734,560.45 in the same period of 2022[19] - In Q3 2023, the company reported a net loss of CNY 14,355,745.57, compared to a net loss of CNY 9,980,034.16 in Q3 2022, representing an increase in loss of approximately 43.7% year-over-year[23] - The total comprehensive loss for Q3 2023 was CNY 14,355,745.57, compared to a loss of CNY 9,980,034.16 in Q3 2022, reflecting a year-over-year increase of approximately 43.7%[24] Revenue and Costs - Total operating revenue for the first three quarters of 2023 reached RMB 152,762,941.08, a significant increase from RMB 73,229,556.00 in the same period of 2022, representing a growth of approximately 108.6%[22] - Total operating costs for the first three quarters of 2023 were RMB 167,706,760.07, compared to RMB 84,275,748.38 in 2022, indicating an increase of about 98.8%[22] - Operating costs included RMB 131,832,300.52 attributed to cost of goods sold, up from RMB 64,542,377.31 in the previous year, reflecting a rise of approximately 104.5%[22] - The increase in operating revenue was attributed to higher sales of polymer materials for cables and the addition of the newly consolidated subsidiary Suzhou Juyun[10] Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 605,432,874.50, reflecting a 50.09% increase from the end of the previous year[6] - As of September 30, 2023, total assets were RMB 605,432,874.50, up from RMB 403,376,298.20 at the end of 2022, representing a growth of approximately 50.2%[19] - Total liabilities as of September 30, 2023, were RMB 290,229,559.91, compared to RMB 102,611,001.83 at the end of 2022, indicating an increase of about 183.5%[18] - The company's equity attributable to shareholders decreased by 4.69% to CNY 286,671,226.56 compared to the end of the previous year[6] Cash Flow - The company reported a cash flow from operating activities of CNY -18,290,360.42 for the year-to-date period[6] - The company experienced a net cash outflow from operating activities of CNY 18,290,360.42 in Q3 2023, compared to a net cash outflow of CNY 19,910,682.69 in Q3 2022, showing a slight improvement[28] - Cash and cash equivalents as of September 30, 2023, were RMB 27,721,143.96, slightly down from RMB 28,518,812.30 at the end of 2022[16] - The cash and cash equivalents at the end of Q3 2023 were CNY 27,721,143.96, down from CNY 28,862,433.29 at the end of Q3 2022[29] Investment and Financing - The company reported an investment cash outflow of CNY 96,760,844.71 in Q3 2023, with no corresponding inflow reported, highlighting significant investment activity[29] - The financing cash inflow for Q3 2023 was CNY 180,500,000.00, a substantial increase from CNY 14,500,000.00 in Q3 2022, indicating strong financing efforts[29] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,711[13] Research and Development - Research and development expenses for the first three quarters of 2023 amounted to RMB 9,991,102.42, compared to RMB 3,874,999.76 in 2022, marking an increase of about 157.5%[22] Financial Ratios - The weighted average return on net assets was -1.55% for Q3 2023, a decrease of 0.32 percentage points compared to the previous year[6] - The basic and diluted earnings per share for Q3 2023 were both CNY -0.19, compared to CNY -0.13 in Q3 2022, indicating a worsening in per-share performance[24] - The company incurred financial expenses of CNY 5,075,269.44 in Q3 2023, which is an increase from CNY 1,812,303.94 in Q3 2022, reflecting a rise of approximately 179.5%[23]