Hoymiles(SH:688032)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥343,069,056.39, a decrease of 18.78% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was ¥66,961,022.09, down 58.23% year-on-year[5]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was ¥48,589,190.43, a decrease of 69.06% compared to the same period last year[5]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.81, down 57.81% year-on-year[5]. - Total operating revenue for the first three quarters of 2023 reached ¥1,408,011,863.58, a significant increase from ¥936,132,964.28 in the same period of 2022, representing a growth of approximately 50.4%[21]. - Net profit for Q3 2023 was ¥412,970,224.53, up from ¥360,904,344.40 in Q3 2022, reflecting a growth of approximately 14.4%[22]. - Earnings per share for Q3 2023 were ¥4.99, compared to ¥4.34 in Q3 2022, marking an increase of about 15%[23]. - The company reported a total comprehensive income of ¥412,911,141.96 for Q3 2023, compared to ¥360,904,344.40 in Q3 2022, reflecting an increase of about 14.4%[23]. Research and Development - The total R&D investment for Q3 2023 was ¥55,566,859.98, an increase of 151.22% year-on-year, representing 16.20% of operating revenue[5][10]. - The company reported a significant increase in R&D personnel and compensation, contributing to the rise in R&D expenses[10]. - Research and development expenses for the first three quarters of 2023 were ¥142,517,038.06, compared to ¥50,623,445.37 in 2022, showing an increase of approximately 181.5%[21]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was negative at -¥22,377,253.57, a decline of 106.85% compared to the same period last year[5]. - The cash flow from operating activities for the first three quarters of 2023 was ¥1,323,166,539.43, compared to ¥894,301,418.86 in 2022, indicating an increase of about 47.9%[23]. - Operating cash inflow totaled CNY 1,772,538,170.59, a significant increase from CNY 1,142,381,460.46 in the previous year[24]. - Net cash outflow from operating activities was CNY -22,377,253.57, compared to a positive cash flow of CNY 326,585,617.70 last year[24]. - The ending balance of cash and cash equivalents was CNY 4,834,887,712.49, down from CNY 5,131,712,105.18 in the previous year[25]. - The company received CNY 500,000.00 from minority shareholders as part of investment inflow[25]. - Cash received from other financing activities was CNY 4,744,631.24, indicating a slight increase from CNY 500,000.00 last year[25]. - The impact of exchange rate changes on cash and cash equivalents was CNY 1,546,472.32, compared to CNY -1,336,906.01 last year[25]. Assets and Liabilities - Total assets attributable to shareholders at the end of the reporting period were ¥7,153,057,610.90, a decrease of 2.25% from the end of the previous year[5]. - The total assets as of Q3 2023 were ¥7,153,057,610.90, a slight decrease from ¥7,317,733,224.17 in the previous year, representing a decline of approximately 2.3%[20]. - The total liabilities as of Q3 2023 amounted to ¥742,511,480.53, down from ¥909,139,494.06 in the previous year, a decrease of approximately 18.3%[19]. - The total equity attributable to shareholders reached ¥6,412,812,475.40, slightly up from ¥6,408,390,805.43 in the previous year, indicating a marginal increase[19]. - The company's cash and cash equivalents as of September 30, 2023, were approximately ¥4.84 billion, a decrease from ¥5.29 billion at the end of 2022[17]. - Total current assets amounted to ¥6.22 billion, down from ¥6.64 billion in the previous year[18]. - The company's inventory increased to ¥841.32 million from ¥641.59 million year-over-year[18]. - The total non-current assets increased to ¥935.53 million from ¥675.46 million year-over-year[18]. - The company's accounts payable decreased to ¥313.20 million from ¥512.70 million[18]. - The company reported a significant increase in long-term equity investments to ¥49.21 million from ¥7.50 million[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,520[12]. - The largest shareholder, Hangzhou Hekai Holding Group Co., Ltd., holds 25,856,076 shares, accounting for 31.03% of the total shares[12]. - The company has not disclosed any participation in margin financing or securities lending by its major shareholders[15].