BROADV(SH:688004)2023-10-18 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥49,561,509.73, representing a year-on-year increase of 5.33%[5]. - The net profit attributable to shareholders for Q3 2023 was -¥10,287,114.45, with a year-to-date net profit of -¥32,691,179.08[6]. - Total operating revenue for the first three quarters of 2023 reached ¥121,753,088.18, a significant increase from ¥87,770,170.54 in the same period of 2022, representing an increase of approximately 38.7%[19]. - The net profit for the third quarter of 2023 was -¥32,691,179.08, slightly worse than the net loss of -¥31,282,908.86 in the same quarter of 2022[21]. - Basic and diluted earnings per share for the third quarter of 2023 were both -¥0.58, compared to -¥0.55 in the same quarter of 2022[22]. Cash Flow - The company reported a net cash flow from operating activities of -¥77,075,286.16 year-to-date, indicating increased cash outflows due to business needs[10]. - The net cash flow from operating activities for the first three quarters of 2023 was -¥77,075,286.16, compared to -¥54,354,806.11 in the same period of 2022, indicating a worsening cash flow situation[25]. - Total cash inflow from operating activities in the first three quarters of 2023 was ¥145,539,937.34, compared to ¥138,990,869.43 in 2022, showing an increase of about 4.0%[24]. - The company reported a total cash outflow from investing activities of ¥325,667,475.75 in 2023, down from ¥345,512,105.71 in 2022, indicating a reduction in investment spending[25]. - The company received cash inflow of ¥9,500,000.00 from borrowings in 2023, compared to no cash inflow from borrowings in 2022, indicating a new financing strategy[25]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥752,748,900.34, down 8.58% from the end of the previous year[6]. - The company's current assets totaled RMB 342,029,971.78, down from RMB 501,730,577.18 in the previous year, indicating a decrease of about 31.8%[15]. - The company's cash and cash equivalents were RMB 125,158,346.39, compared to RMB 178,902,748.94 at the end of 2022, reflecting a decline of approximately 30%[15]. - The total liabilities decreased to RMB 68,541,410.39 from RMB 108,641,542.60, marking a reduction of about 37%[17]. - The company's equity attributable to shareholders was RMB 684,207,489.95, down from RMB 714,728,889.22, indicating a decrease of approximately 4.3%[17]. Research and Development - Research and development expenses totaled ¥12,974,343.84 in Q3 2023, accounting for 26.18% of operating revenue, an increase of 2.37 percentage points compared to the previous year[6]. - Research and development expenses increased to ¥38,966,953.87 in 2023 from ¥34,572,690.51 in 2022, reflecting a growth of approximately 12.3%[20]. - The company plans to continue enhancing its technological capabilities through increased R&D investment and has implemented an equity incentive plan to motivate its core team[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,479[11]. - The largest shareholder, Sun Chuanming, holds 10,000,000 shares, representing 17.61% of the total shares[12]. Inventory and Receivables - The company's inventory increased to RMB 59,771,186.41 from RMB 35,078,498.22, representing an increase of about 70.7%[16]. - The company's accounts receivable stood at RMB 111,189,904.63, slightly down from RMB 117,458,786.41, a decrease of approximately 5.9%[15]. Accounting Changes - The company adopted new accounting standards effective January 1, 2023, impacting the financial statements[26]. - The company has made adjustments to its financial statements due to the implementation of the new accounting interpretation[26].