必易微(688045) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥120,988,248.50, representing a year-on-year increase of 38.76%[4] - The net profit attributable to shareholders for the same period was -¥15,656,659.78, with a year-to-date decline of 140.73%[4] - The net profit after deducting non-recurring gains and losses for the year-to-date was -¥21,536,564.72, reflecting a significant decrease of 260.05%[5] - The net profit for the third quarter of 2023 was a loss of ¥26,209,080.31, contrasting with a profit of ¥29,930,854.14 in the same quarter of the previous year[31] - Basic and diluted earnings per share for the quarter were both -0.21 CNY, down from 0.59 CNY in the previous year[33] - The basic earnings per share for the year-to-date was -¥0.23, down 135.59% compared to the previous year[5] - The total comprehensive income for the third quarter was -26,209,080.31 CNY, compared to 29,930,854.14 CNY in the same period last year[32] Research and Development - Research and development (R&D) expenses totaled ¥42,724,275.26 for Q3 2023, an increase of 39.60% compared to the same period last year[5] - R&D expenses accounted for 35.31% of operating revenue, up by 0.21 percentage points year-on-year[5] - Research and development expenses for the third quarter of 2023 amounted to ¥111,855,160.63, compared to ¥74,735,541.50 in the same quarter of 2022, reflecting a significant increase of approximately 49.8%[30] Cash Flow and Liquidity - The company reported a cash flow from operating activities of -¥55,937,111.49 for the year-to-date, indicating cash outflow[5] - Cash inflows from operating activities for the first nine months of 2023 were 312,840,683.69 CNY, a decrease of 17.6% from 379,698,221.88 CNY in the same period of 2022[36] - Cash outflows from operating activities totaled 368,777,795.18 CNY, resulting in a net cash flow from operating activities of -55,937,111.49 CNY, compared to -78,547,692.44 CNY last year[36] - The ending cash and cash equivalents balance was 278,759,636.56 CNY, down from 430,467,749.99 CNY at the end of the previous year[37] - The company's cash and cash equivalents amounted to RMB 278,759,636.56, a decrease from RMB 452,300,875.34 on December 31, 2022, representing a decline of approximately 38.3%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,483,489,510.73, a slight increase of 1.15% from the beginning of the year[5] - The company's total assets as of the third quarter of 2023 were ¥1,483,489,510.73, compared to ¥1,466,614,952.21 at the end of the previous year, showing a slight increase of about 1.1%[24] - The total liabilities for the third quarter of 2023 were ¥127,461,809.23, an increase from ¥111,550,632.99 in the same period of 2022, representing a growth of approximately 14.3%[25] - Total assets amounted to approximately $1.467 billion, with current assets at $1.323 billion and non-current assets at $143.7 million[41] - Total liabilities reached approximately $112 million, with current liabilities at $95.7 million and non-current liabilities at $15.9 million[42][43] Shareholder Information - The top shareholder, Suzhou Fangguang Phase II Venture Capital Partnership, holds 7,143,000 shares, representing 10.34% of the total shares[14] - The second-largest shareholder, Yuan Chengjun, holds 6,766,185 shares, accounting for 9.80% of the total shares[14] - The company has not disclosed any significant changes in the shareholder structure or any related party transactions among the top shareholders[14] Stock Repurchase and Incentives - The company has approved a stock repurchase plan with a total amount not less than RMB 42 million and not exceeding RMB 84 million, with a maximum repurchase price of RMB 78.00 per share[18] - As of September 30, 2023, the company has repurchased a total of 69,530 shares, accounting for 0.10% of the total share capital, with a total expenditure of RMB 3,262,854.18[19] - The company’s stock repurchase program is intended for employee stock ownership plans or equity incentives[18] - The company plans to grant 1,162,000 restricted stock units at a price of no less than RMB 35.00 per share as part of its 2023 restricted stock incentive plan[16] Other Financial Information - The company reported an investment income of ¥13,045,656.50 for the first three quarters of 2023, a significant increase from ¥1,824,476.71 in the same period of 2022[30] - The company's inventory increased to ¥186,779,964.65 in the third quarter of 2023, compared to ¥156,816,332.90 in the previous year, reflecting a growth of approximately 19.1%[24] - The company adopted new accounting standards starting January 1, 2023, which may impact financial reporting[39] - The company has a total of $55.9 million in fixed assets and $12.5 million in other non-current financial assets[41] - The company holds long-term equity investments valued at $7.5 million[41] - The company has a total of $3 million in intangible assets and $3.7 million in long-term deferred expenses[41] - The company reported a total of $19.6 million in payable employee compensation[42] - The company has a total of $3 million in tax payable[42] - The company has a negative minority interest of approximately $11.5 million[43]