中微公司(688012) - 2023 Q3 - 季度财报

Financial Performance - The company's Q3 2023 revenue reached RMB 1.51 billion, representing a year-on-year increase of approximately 41.40%[1] - The net profit attributable to shareholders for Q3 2023 was RMB 156.87 million, a decrease of about 51.76% compared to the same period last year[1] - For the first three quarters of 2023, the total revenue was RMB 4.04 billion, reflecting a year-on-year growth of 32.80%[1] - The net profit attributable to shareholders for the first three quarters was RMB 1.16 billion, an increase of approximately 46.27% year-on-year[1] - The company reported a decrease in basic earnings per share to RMB 0.25 for Q3 2023, down 51.92% year-on-year[5] - Basic earnings per share for the current period decreased to -52.83 due to the impact of non-recurring gains and losses, while year-to-date earnings per share increased to 45.74 due to net profit growth attributable to shareholders[14] - Diluted earnings per share for the current period decreased to -51.92, while year-to-date diluted earnings per share increased to 46.09, reflecting net profit growth attributable to shareholders[14] - The company reported a basic earnings per share of ¥1.88 for the current period, up from ¥1.29 in the previous year, reflecting improved profitability[40] Research and Development - The company's R&D expenditure for Q3 2023 was RMB 327.31 million, accounting for 21.61% of total revenue[5] - Total R&D investment for the current period was 34.07 million, driven by increased material input and personnel costs due to ongoing R&D projects, compared to 33.42 million year-to-date[14] - Research and development expenses for the first three quarters of 2023 were ¥502,387,972.19, compared to ¥452,111,729.80 in 2022, showing an increase of approximately 11.1%[37] Cash Flow and Liquidity - The net cash flow from operating activities for the first three quarters was negative RMB 1.28 billion, indicating significant inventory buildup due to increased raw material procurement[5] - In the first three quarters of 2023, the cash inflow from operating activities was approximately CNY 3.05 billion, a decrease from CNY 3.88 billion in the same period of 2022, reflecting a decline of about 21.4%[41] - The net cash flow from operating activities was negative CNY 1.28 billion, compared to a positive CNY 733.34 million in the first three quarters of 2022[41] - The cash inflow from investment activities totaled approximately CNY 13.86 billion, an increase from CNY 9.67 billion in the previous year, marking a growth of about 43.5%[42] - The net cash flow from investment activities was CNY 1.82 billion, a significant improvement from a negative cash flow of CNY 1.24 billion in the same period last year[42] - The cash inflow from financing activities was CNY 210.37 million, compared to CNY 250 million in the previous year, indicating a decrease of about 15.9%[42] - The net cash flow from financing activities was approximately CNY 70.37 million, a decrease from CNY 238.11 million in the same period of 2022[42] - The total cash and cash equivalents at the end of the period were CNY 3.08 billion, down from CNY 3.33 billion at the end of the same period last year, reflecting a decrease of about 7.5%[42] - The company reported a cash outflow of CNY 3.31 billion for purchasing goods and services, compared to CNY 3.02 billion in the previous year, representing an increase of approximately 9.6%[41] - The cash paid for employee compensation was CNY 660.79 million, up from CNY 526.17 million in the same period last year, indicating a rise of about 25.5%[41] Assets and Liabilities - As of September 30, 2023, total assets amounted to 20.52 billion, an increase from 20.03 billion at the end of 2022[27] - Total liabilities amounted to ¥3,586,638,259.14, while total equity reached ¥16,928,373,397.54, indicating a strong equity position relative to liabilities[36] - The company’s total assets reached ¥20,515,011,656.68, compared to ¥20,034,781,468.88 in the previous year, indicating a growth in asset base[36] - The company’s total liabilities and equity combined amounted to ¥20,515,011,656.68, reflecting a stable financial structure[36] - Accounts receivable increased to 1.06 billion from 618.77 million at the end of 2022[24] - Inventory rose to 4.09 billion, compared to 3.40 billion at the end of 2022[25] - Total current liabilities decreased to 3.25 billion from 3.92 billion at the end of 2022[31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,733[15] - The top ten shareholders held a total of 14.41% and 13.15% of shares, respectively, with the largest shareholder holding 89,083,533 shares[15] Other Financial Metrics - Non-recurring gains and losses for Q3 2023 resulted in a loss of RMB 58.72 million, compared to a gain of RMB 122 million in the same period last year[8] - The company experienced a decrease in investment income from joint ventures, reporting a loss of ¥16,262,602.50 compared to a gain of ¥5,318,386.08 in the previous year[39] - Other comprehensive income after tax for the current period was ¥10,117,982.51, down from ¥12,279,541.26 in the previous year, indicating a decline in this area[40] - The total operating costs for the first three quarters of 2023 were ¥3,178,664,486.69, up from ¥2,405,626,470.28 in 2022, which is an increase of about 32.1%[37] Accounting Standards - The company has not applied new accounting standards or interpretations that would affect the financial statements for the current year[42]