Leading Optics(SH:605118)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥171,627,767.23, an increase of 11.25% compared to the same period last year[20] - The net profit attributable to shareholders for Q3 2023 was ¥43,071,250.44, a decrease of 12.20% year-on-year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥39,321,214.82, down 12.96% from the previous year[20] - Total operating revenue for the first three quarters of 2023 reached RMB 463,131,858.39, an increase of 4.5% compared to RMB 442,935,719.05 in the same period of 2022[42] - Net profit for the first three quarters of 2023 was RMB 118,405,003.48, a decrease of 15.7% from RMB 140,600,928.44 in the previous year[43] - Total profit for the first three quarters of 2023 was RMB 132,247,947.28, down 16.5% from RMB 158,392,609.77 in 2022[43] Earnings Per Share - The basic earnings per share for Q3 2023 was ¥0.1060, a decrease of 12.47% year-on-year[21] - The diluted earnings per share for Q3 2023 was ¥0.1058, down 12.34% from the same period last year[21] - Basic earnings per share for the first three quarters of 2023 were RMB 0.2913, compared to RMB 0.3466 in the same period of 2022[43] Cash Flow - The cash flow from operating activities for the year-to-date period increased by 150.37% to ¥205,286,219.20[20] - Cash flow from operating activities generated RMB 205,286,219.20, significantly higher than RMB 81,992,749.72 in the same period last year[44] - The net cash flow from investing activities was RMB -783,045.99, compared to RMB -241,537,356.28 in the previous period, showing an improvement[35] - Cash inflow from investment activities totaled RMB 1,111,879,757.05, a decrease from RMB 1,269,654,567.14 in the same period last year[44] - The company reported a net increase in cash and cash equivalents of RMB 164,321,150.97, contrasting with a decrease of RMB 190,497,642.85 in the prior year[35] Assets and Liabilities - The total assets as of September 30, 2023, were ¥1,585,116,989.87, reflecting a 3.71% increase from the end of the previous year[21] - Total assets increased to RMB 1,585,116,989.87 as of September 30, 2023, compared to RMB 1,528,352,907.30 at the end of 2022, reflecting a growth of approximately 3.7%[40] - Total liabilities decreased to RMB 159,377,853.51 from RMB 177,135,597.81, a reduction of approximately 10%[40] - Long-term borrowings increased to RMB 12,475,000.00 from RMB 8,010,000.00, representing a growth of approximately 55%[40] Shareholder Equity - The equity attributable to shareholders increased by 5.53% to ¥1,423,641,261.19 compared to the end of the previous year[21] - The company's total equity rose to RMB 1,425,739,136.36 from RMB 1,351,217,309.49, reflecting an increase of about 5.5%[40] Research and Development - Research and development expenses rose to RMB 34,878,913.32, representing an increase of 19.5% compared to RMB 29,227,254.82 in 2022[42] Other Financial Metrics - The weighted average return on equity for Q3 2023 was 3.38%, a decrease of 0.59 percentage points year-on-year[21] - The company reported government subsidies of ¥1,834,247.83 for the year-to-date period, totaling ¥5,159,477.60[21] - The company’s accounts receivable increased to RMB 104,939,538.04 from RMB 87,609,501.55, a growth of approximately 20%[38] - The company’s inventory decreased to RMB 185,002,029.51 from RMB 274,161,484.21, a decline of about 32.5%[38] - Other comprehensive income after tax for the first three quarters of 2023 was RMB -23,035.19, compared to RMB -42,049.57 in the previous year[43] - The company reported a significant increase in interest income to RMB 8,043,617.03, up from RMB 4,530,097.76 in the previous year[42]