云涌科技(688060) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥53,378,215.72, representing a year-over-year increase of 6.44%[5] - The net profit attributable to shareholders for Q3 2023 was -¥2,340,661.02, a decrease of 407.16% compared to the same period last year[5] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -¥3,158,832.11, down 562.12% year-over-year[5] - The basic earnings per share for Q3 2023 was -¥0.0389, a decline of 406.30% year-over-year[6] - The diluted earnings per share for Q3 2023 was -¥0.0388, down 443.36% compared to the same period last year[6] - Net profit for the third quarter of 2023 was ¥1,953,218.95, a significant decrease from ¥8,600,028.20 in the same quarter of 2022, reflecting a decline of approximately 77.3%[23] - The total comprehensive income for Q3 2023 was ¥1,953,218.95, compared to ¥8,600,028.20 in Q3 2022, a decrease of approximately 77.3%[24] - Basic earnings per share for Q3 2023 were ¥0.0707, down from ¥0.1560 in Q3 2022, indicating a decline of approximately 54.8%[24] Research and Development - The total R&D expenditure for Q3 2023 was ¥14,405,071.19, a decrease of 13.22% compared to the same period last year, accounting for 26.99% of revenue[6] - Research and development expenses for the first three quarters of 2023 were ¥42,767,653.85, slightly down from ¥43,591,676.28 in 2022, reflecting a decrease of about 1.9%[21] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was -¥50,397,102.24, indicating negative cash flow primarily due to increased employee compensation and tax payments[6] - Cash generated from operating activities for the first three quarters of 2023 was ¥210,957,458.36, compared to ¥180,139,087.39 in the same period of 2022, marking an increase of about 17.1%[25] - Net cash flow from operating activities was -50,397,102.24 RMB, an improvement from -87,355,140.13 RMB year-over-year[26] - Cash and cash equivalents increased to ¥73,832,384.77 from ¥50,565,614.66, representing a growth of approximately 45.8%[17] - Cash and cash equivalents at the end of the period totaled 72,132,384.77 RMB, up from 13,673,142.58 RMB in the previous year[27] - The net increase in cash and cash equivalents for the period was 21,566,770.11 RMB, compared to a decrease of -69,246,899.26 RMB in the previous year[27] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,085,350,453.44, a decrease of 0.69% from the end of the previous year[6] - Total assets decreased to ¥1,085,350,453.44 from ¥1,092,941,529.42, a decline of approximately 0.7%[18] - Total current assets amounted to ¥866,004,586.57, a slight decrease from ¥883,929,615.05 at the end of 2022, reflecting a decrease of approximately 2.9%[17] - The company reported a decrease in accounts receivable to ¥216,068,207.70 from ¥269,689,168.85, a decline of approximately 19.9%[17] - The company’s non-current assets totaled ¥219,345,866.87, an increase from ¥209,011,914.37, reflecting a growth of approximately 4.0%[18] - The company's total liabilities decreased to ¥95,438,015.90 in Q3 2023 from ¥108,881,303.75 in Q3 2022, a reduction of about 12.4%[21] - Total liabilities amounted to 108,881,303.75, with current liabilities at 102,380,346.03[31] - The company’s total liabilities included short-term borrowings of 8,123,880.90 RMB and accounts payable of 54,613,520.64 RMB[30] - Short-term borrowings increased to ¥15,548,766.79 from ¥8,123,880.90, reflecting an increase of approximately 91.5%[18] - Accounts payable rose to ¥61,591,360.39 from ¥54,613,520.64, marking an increase of about 12.0%[18] Equity - The equity attributable to shareholders at the end of Q3 2023 was ¥976,332,713.62, an increase of 0.84% compared to the end of the previous year[6] - The total equity attributable to shareholders increased to ¥976,332,713.62 in Q3 2023 from ¥968,178,879.25 in Q3 2022, showing a growth of approximately 0.9%[21] - The company's total equity reached 984,060,225.67, with attributable equity to shareholders at 968,178,879.25[32] - The total equity attributable to minority shareholders was 15,881,346.42, showing consistency in minority interests[32] Operational Insights - The company reported a significant decrease in government subsidies, impacting net profit and leading to increased operational costs[11] - The company has not reported any significant new product developments or market expansions during this quarter[16] - Total operating revenue for the first three quarters of 2023 reached ¥155,754,538, an increase from ¥134,903,095.83 in the same period of 2022, representing a growth of approximately 15.0%[21] - Total operating costs for the first three quarters of 2023 were ¥166,145,934.66, up from ¥144,095,296.38 in 2022, indicating an increase of about 15.3%[21] Financial Standards and Changes - The company executed new accounting standards starting in 2023, impacting the financial statements[27]