Transwarp(SH:688031)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥84,808,407.35, representing a year-on-year increase of 15.04%[5] - The net profit attributable to shareholders was -¥79,218,062.10, with a year-to-date loss of -¥268,738,010.54[5] - The basic and diluted earnings per share for the quarter were both -¥0.66, and year-to-date were -¥2.22[6] - The net loss attributable to the parent company for Q3 2023 was ¥268,738,010.54, compared to a net loss of ¥225,542,057.95 in Q3 2022, reflecting a deterioration in performance[22] - The basic and diluted earnings per share for Q3 2023 were both -¥2.22, compared to -¥2.49 in Q3 2022, indicating a slight improvement in loss per share[23] Revenue and Costs - Total operating revenue for the first three quarters of 2023 reached ¥222,774,720.22, an increase from ¥171,303,056.91 in the same period of 2022, representing a growth of approximately 30%[21] - Total operating costs for the first three quarters of 2023 were ¥522,173,305.23, up from ¥426,992,845.29 in 2022, indicating an increase of about 22%[21] - Research and development expenses totaled ¥57,378,418.13 for the quarter, accounting for 67.66% of operating revenue, an increase of 4.38 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 were ¥152,020,205.45, compared to ¥129,413,928.12 in the same period of 2022, marking an increase of about 17%[21] - Sales expenses for the quarter increased by 33.80% due to intensified marketing efforts[11] - Management expenses rose by 45.44% primarily due to the implementation of the 2023 restricted stock incentive plan[12] Assets and Liabilities - Total assets decreased by 13.32% from the end of the previous year, amounting to ¥1,687,941,759.61[6] - The total assets of the company as of September 30, 2023, are ¥1,687,941,759.61, down from ¥1,947,321,954.44 in the previous year, reflecting a decrease of about 13%[20] - Total current assets decreased to ¥1,592,228,699.51 from ¥1,873,530,329.58 year-over-year[18] - The company's total liabilities as of Q3 2023 amounted to ¥224,134,623.87, a decrease from ¥238,639,588.48 in the previous year[20] - The total equity attributable to shareholders decreased to ¥1,467,035,616.29 in Q3 2023 from ¥1,711,224,344.93 in Q3 2022, showing a decline of approximately 14%[20] Cash Flow - The company reported a cash flow from operating activities of -¥354,353,470.76 year-to-date[6] - The company recorded a net cash outflow from operating activities for the first three quarters of 2023, indicating challenges in cash generation[24] - Operating cash inflow for the first nine months of 2023 was $251,806,830.03, compared to $246,258,639.39 in the same period of 2022, reflecting a slight increase[28] - Net cash flow from operating activities was -$354,353,470.76 for the first nine months of 2023, worsening from -$273,590,336.58 in the previous year[28] - The net increase in cash and cash equivalents for the first nine months of 2023 was $229,241,214.48, compared to $23,000,659.24 in the same period of 2022[29] Investment Activities - Investment income for the quarter increased by 214.03% as a result of the investment returns from funds raised during the IPO[12] - Cash inflow from investment activities significantly increased to $4,994,055,346.48 in 2023 from $1,624,967,801.00 in 2022[29] - Net cash flow from investment activities was $532,645,399.26 for the first nine months of 2023, compared to $314,990,883.10 in the same period of 2022[29] - The company received $4,973,560,697.16 in cash from investment recoveries, a significant increase from $1,618,120,000.00 in the same period last year[28] - Total cash outflow for investment activities was $4,461,409,947.22 in 2023, compared to $1,309,976,917.90 in 2022[29]