Forecam(SH:688010)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥138,425,962.64, a decrease of 34.74% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was -¥32,649,458.83, representing a decline of 507.81% year-on-year[6]. - The basic earnings per share for Q3 2023 was -¥0.2061, a decrease of 512.2% compared to the previous year[7]. - The net profit attributable to shareholders for the year-to-date period was -¥36,391,656.78, a decline of 287.01% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2023 was ¥441.54 million, a decrease of 16.2% compared to ¥526.51 million in the same period of 2022[22]. - The net profit for the third quarter of 2023 was a loss of ¥36.42 million, compared to a profit of ¥21.80 million in the same quarter of 2022, representing a significant decline[24]. - The net profit for the third quarter of 2023 was -¥13,879,559.29, compared to a net profit of ¥30,724,062.10 in the third quarter of 2022, indicating a significant decline[36]. Research and Development - Research and development expenses totaled ¥17,470,637.11 in Q3 2023, accounting for 12.62% of operating revenue, an increase of 5.33 percentage points year-on-year[7]. - The company plans to continue increasing its R&D investment despite the current financial challenges[11]. - Research and development expenses increased to ¥47.67 million in Q3 2023 from ¥42.06 million in Q3 2022, showing a growth of approximately 13.9%[23]. - Research and development expenses for the first three quarters of 2023 were ¥29,365,371.18, an increase of 10.5% from ¥26,683,844.04 in the same period of 2022, highlighting a focus on innovation[34]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,554,671,446.42, down 9.08% from the end of the previous year[7]. - The company's total assets decreased to ¥2.55 billion in Q3 2023 from ¥2.81 billion in Q3 2022, reflecting a reduction of approximately 9.0%[20]. - As of September 30, 2023, the company's total current assets amounted to approximately ¥1,046.89 million, a decrease from ¥1,340.74 million at the end of 2022, representing a decline of about 21.8%[17]. - The total assets as of September 30, 2023, were ¥2,090,281,358.34, a decrease from ¥2,284,262,211.79 at the end of 2022[31]. - The company's total liabilities decreased to ¥388,651,990.46 as of September 30, 2023, from ¥563,205,959.80 at the end of 2022[31]. - Current liabilities decreased to ¥611.12 million in Q3 2023 from ¥823.25 million in Q3 2022, a reduction of about 25.7%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥19,779,520.62, reflecting a significant increase due to reduced procurement-related expenditures[11]. - The net cash flow from operating activities for the first three quarters of 2023 was ¥19,779,520.62, a significant improvement from -¥21,207,379.90 in the same period of 2022[27]. - The cash flow from operating activities for the first three quarters of 2023 was -¥31,809,170.10, compared to -¥21,207,379.90 in the same period of 2022, reflecting worsening cash flow conditions[37]. - The company reported a cash inflow from investment activities of ¥271,161,975.80 in the first three quarters of 2023, a significant improvement compared to -¥33,521,701.64 in the same period of 2022[37]. Shareholder Information - The top shareholder, Zhongrong (Fujian) Investment Co., Ltd., holds 27.50% of the shares, totaling 44,270,923 shares[14]. - The second-largest shareholder, Fujian Electronic Information Group Co., Ltd., owns 19.79% of the shares, amounting to 31,857,093 shares[14]. - There are no significant changes in the shareholder structure or any new mergers and acquisitions reported[16]. Future Outlook - The company has not provided specific future performance guidance or outlook for the upcoming quarters[16]. - The company plans to focus on market expansion and new product development as part of its future strategy[20]. - The company has not reported any significant new product developments or market expansions during this quarter[16].