QuantumCTek(SH:688027)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥16,473,993.66, a decrease of 32.91% compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2023 was -¥37,175,708.27, with a year-to-date net profit of -¥79,133,721.25[8]. - Operating revenue for the current reporting period decreased by 32.91% due to fluctuations in project progress[32]. - Year-to-date operating revenue increased by 89.02%, driven by growth in quantum secure communication network products and related applications[32]. - Net profit attributable to shareholders decreased by 21.11 million yuan compared to the same period last year, primarily due to reduced operating revenue and increased credit impairment losses[32]. - The total comprehensive income attributable to the parent company was -79,133,721.25 CNY, compared to -61,430,790.65 CNY in the previous year, indicating a decline[42]. - The company reported a net loss of approximately 80.95 million yuan for the current period, compared to a net loss of 61.15 million yuan in the previous period[41]. - The company reported a net loss of -86,843,495.73 CNY for the period, compared to -73,407,364.23 CNY in the previous year[52]. Research and Development - The total R&D investment in Q3 2023 was ¥28,078,497.18, accounting for 170.44% of operating revenue, a decrease of 112.89 percentage points compared to the same period last year[10]. - The total R&D investment year-to-date was ¥102,148,592.02, reflecting a 4.45% increase compared to the same period last year[10]. - R&D investment for the year-to-date reached 102.15 million yuan, representing a year-on-year increase of 4.45%[33]. - The proportion of R&D investment to operating revenue increased by 39.78 percentage points due to the decrease in operating revenue[32]. - Research and development expenses were 70,025,314.93 CNY, compared to 64,374,819.89 CNY in the previous year, reflecting a focus on innovation[52]. Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥1,813,122,685.32, representing a decrease of 6.67% from the end of the previous year[10]. - The total assets amounted to approximately 1.81 billion yuan, while total liabilities were approximately 134.62 million yuan[38]. - Total liabilities decreased to 234,862,413.50 CNY from 297,215,595.83 CNY year-over-year, indicating improved financial health[51]. - The total equity attributable to shareholders was 1,566,663,656.96 CNY, down from 1,632,092,298.63 CNY at the end of the previous year[51]. - The equity attributable to shareholders at the end of Q3 2023 was ¥1,566,663,656.96, a decrease of 4.01% from the end of the previous year[10]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥22,207,273.95[10]. - The net cash flow from operating activities was -22,207,273.95, compared to -10,376,508.45 in the previous period, indicating a decline in operational cash flow[57]. - The total cash inflow from investment activities was 1,077,642,325.87, up from 746,928,215.37 in the previous period, showing a significant increase of approximately 44.3%[57]. - The net cash flow from investment activities was -20,091,623.21, an improvement from -262,736,124.66 in the previous period, reflecting a positive trend[57]. - The total cash outflow from financing activities was 53,269,296.50, compared to 851,244.73 in the previous period, indicating a substantial increase in financing outflows[57]. - The net cash flow from financing activities was -51,664,512.50, a decrease from 60,664,886.01 in the previous period, suggesting a shift in financing strategy[57]. - The ending cash and cash equivalents balance was 441,818,079.12, slightly down from 443,620,786.87 in the previous period[58]. - The company paid 87,385,528.29 in employee compensation, an increase from 67,976,605.88 in the previous period, reflecting higher labor costs[57]. - The company reported a total cash outflow from operating activities of 201,369,459.17, compared to 177,129,234.09 in the previous period, indicating increased operational expenses[57]. - The cash received from investment recoveries was 1,073,250,000.00, up from 737,619,220.00 in the previous period, highlighting successful investment recoveries[57]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 16,957[34]. - The largest shareholder, Zhongke University Asset Management Co., Ltd., holds 10.8 million shares, accounting for 13.46% of total shares[34]. Future Outlook - The company plans to continue expanding its market presence and invest in new technologies and products[32].