Anlogic(SH:688107)2023-10-27 16:00Financial Performance - Revenue for Q3 2023 was ¥188,474,019.17, a decrease of 32.94% compared to the same period last year[4] - Net profit attributable to shareholders was -¥57,491,420.63, reflecting a decline of 340.79% year-over-year[4] - Net profit excluding non-recurring items was -¥62,150,017.31, down 650.29% from the previous year[4] - Year-to-date revenue reached ¥592,782,381.24, a decrease of 25.65% compared to the same period last year[4] - Year-to-date net profit attributable to shareholders was -¥137,826,989.43, a decline of 323.71% year-over-year[4] - Year-to-date net profit excluding non-recurring items was -¥162,470,382.18, down 604.26% from the previous year[4] - The net profit for the first three quarters of 2023 was a loss of ¥137,826,989.43, compared to a profit of ¥61,609,646.30 in the same period of 2022, indicating significant financial challenges[48] - The basic earnings per share for the first three quarters of 2023 was -0.3443, compared to 0.1540 in 2022, reflecting a significant decline in profitability[49] - The basic earnings per share for the third quarter was -340.54 RMB, and for the year-to-date period, it was -323.57 RMB, both showing a year-on-year decline[64] - The diluted earnings per share for the third quarter was -340.74 RMB, and for the year-to-date period, it was -323.69 RMB, indicating a similar trend[64] Cash Flow and Assets - The company reported a net cash outflow from operating activities of ¥298.48 million, compared to a net outflow of ¥192.58 million in the previous year[40] - The company’s cash outflow for operating activities totaled ¥905.50 million, down from ¥1.01 billion in the previous year[40] - The cash and cash equivalents at the end of the period stood at ¥242.50 million, compared to ¥219.78 million at the end of the previous year[42] - The company’s cash and cash equivalents decreased to ¥244,907,255.02 as of September 30, 2023, down from ¥283,599,610.35 at the end of 2022[43] - The net cash flow from operating activities was CNY -298,482,649.57, indicating a significant cash outflow[54] Liabilities and Equity - Total liabilities amounted to ¥292.70 billion, up from ¥270.65 billion, indicating a year-over-year increase of about 8.1%[32] - The company’s long-term liabilities increased to ¥43.84 billion from ¥31.07 billion, representing a growth of about 41.2%[32] - The equity attributable to shareholders of the listed company was CNY 1,605,115,307.18, down 5.50% from the previous year[54] - The total liabilities of the company were CNY 270,652,939.34, with non-current liabilities amounting to CNY 31,070,064.92[52] Research and Development - Research and development expenses increased to ¥312,255,101.19 in 2023, up from ¥235,641,997.39 in 2022, reflecting a focus on innovation[46] - The total R&D investment for the year-to-date period reached 32.51 million RMB, as the company continues to strengthen its core competitiveness and product layout[64] - Research and development expenses totaled CNY 104,122,436.29, representing 55.24% of operating revenue, an increase of 24.07 percentage points year-over-year[54] Inventory and Operating Costs - Inventory levels rose significantly to ¥803,147,924.60 in 2023, compared to ¥561,288,596.60 in 2022, suggesting potential overstocking issues[43] - Total operating costs for the first three quarters of 2023 were ¥760,755,393.61, slightly down from ¥765,233,857.77 in 2022, indicating a cost management effort[46] - The company reported a gross profit margin decline, with gross profit for the first three quarters of 2023 being negative due to high operating costs[46] Other Notable Information - The company has not disclosed any significant new product developments or market expansion strategies in this report[16] - There are no significant mergers or acquisitions reported during the quarter[16] - The financial data presented is unaudited[18] - The company reported non-recurring gains of ¥4,658,596.68 for the quarter[12] - The company reported a government subsidy of 1,773,882.07 RMB for the current period, totaling 14,846,535.18 RMB for the year-to-date period[68] - The total number of common shareholders at the end of the reporting period was 10,205, with the largest shareholder holding 29.11% of the shares[69]