SCREEN(SH:688053)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥46,783,721.43, a decrease of 34.13% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥11,411,503.07, down 56.28% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥10,805,430.41, a decline of 56.35% compared to the previous year[5]. - The net profit attributable to shareholders for the year-to-date was ¥50,352,268.32, a decrease of 39.10% compared to the same period last year[5]. - The net profit for Q3 2023 was CNY 50,023,058.67, a decrease of 39.4% compared to CNY 82,684,734.66 in Q3 2022[25]. - The company's total comprehensive income for Q3 2023 was CNY 50,023,058.67, compared to CNY 82,684,734.66 in Q3 2022[26]. Revenue and Costs - Total operating revenue for the first three quarters of 2023 was CNY 157,255,790.29, a decrease of 21.7% compared to CNY 201,069,387.90 in the same period of 2022[23]. - Total operating costs increased to CNY 118,239,629.98, up from CNY 107,081,537.01, reflecting a rise in operating costs[24]. - Operating profit for the first three quarters was CNY 52,525,129.91, down from CNY 95,044,547.53 in the previous year, indicating a decline of 44.8%[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,844,268,230.18, an increase of 6.44% from the end of the previous year[6]. - Total assets as of September 30, 2023, were CNY 1,844,268,230.18, up from CNY 1,732,731,670.43, reflecting a growth of 6.4%[21]. - Total liabilities increased to CNY 94,939,045.34 from CNY 64,981,856.39, indicating a rise of 46.2%[21]. - The company's retained earnings increased to CNY 341,480,000.01 from CNY 291,127,731.69, an increase of 17.3%[21]. Research and Development - Research and development expenses for Q3 2023 amounted to ¥5,615,194.83, a decrease of 21.19% year-on-year, while R&D expenses accounted for 12.00% of operating revenue, an increase of 1.97 percentage points[6]. - Research and development expenses for the first three quarters were CNY 17,224,862.29, slightly down from CNY 18,705,560.62, indicating a decrease of 7.9%[24]. - The company plans to continue increasing R&D investment to develop a large-scale automated testing model that combines artificial intelligence and high-speed computing power[18]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥25,798,914.55, reflecting a significant increase of 70.85%[6]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 25,798,914.55, an increase of 70.9% from CNY 15,099,970.10 in the previous year[29]. - The total operating cash inflow of CNY 153,697,687.83 for the first three quarters of 2023, compared to CNY 134,511,304.82 in the same period last year[28]. - The total operating cash outflow for the first three quarters of 2023 was CNY 127,898,773.28, an increase from CNY 119,411,334.72 in the previous year[29]. Shareholder Information - The company’s major shareholders include Jian Shui Quan Jun with 54.91% and Ningbo Tongtai Xin with 5.40% of shares[14]. - The company’s major shareholders have engaged in margin financing and securities lending, with 120,100 shares lent out by Galaxy Source Hui Investment Co., Ltd.[14]. - The company repurchased a total of 336,871 shares, accounting for 0.34% of the total share capital of 100,000,000 shares, with a total expenditure of RMB 17,197,755.11[16]. Strategic Developments - The company established a wholly-owned subsidiary, Hainan Guoxing Feice Technology Co., Ltd., with an investment of RMB 60 million to enhance its satellite-related industry capabilities[17]. - The company has added over 7,000 square meters of environmental and electromagnetic compatibility testing facilities, including a 400 square meter cleanroom for aerospace product testing[18]. - The company achieved breakthroughs in microwave and fully automated three-temperature testing technology, enhancing its testing capabilities for various electronic components[18]. - The company signed a strategic cooperation agreement with a satellite research institute to establish a joint laboratory for electronic component reliability testing[18]. - The company is focused on expanding its satellite detection and chip testing capabilities to meet the growing demands of the satellite industry[18].