东芯股份(688110) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥131,490,811.57, a decrease of 43.81% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was -¥71,191,694.25, representing a decline of 226.13% year-on-year[5] - The company's operating revenue for the current reporting period decreased by 43.81% due to a decline in market demand and product prices[33] - The net profit attributable to shareholders for the current reporting period decreased by 226.13%, primarily due to lower operating revenue and gross margin levels[33] - The net profit attributable to shareholders for the year-to-date period decreased by 153.96% compared to the same period last year[33] - The net loss for the first three quarters of 2023 was ¥142,215,246.54, compared to a net profit of ¥308,897,491.46 in the same period of 2022[55] - The total comprehensive income for the first three quarters of 2023 was -¥153,391,172.30, contrasting with a positive comprehensive income of ¥293,204,135.20 in the previous year[43] Research and Development - The R&D investment totaled ¥43,042,380.34 in Q3 2023, which accounted for 32.73% of operating revenue, an increase of 20.40 percentage points compared to the previous year[6] - The total R&D investment year-to-date was ¥126,777,885.21, which is an increase of 51.06% compared to the previous year[5] - The company reported a significant increase in research and development expenses, contributing to the overall decline in profitability[33] - Research and development expenses increased to ¥126,777,885.21, up from ¥83,925,487.12, reflecting a growth of approximately 51.1%[40] Assets and Liabilities - The total assets as of the end of Q3 2023 were ¥4,065,331,213.98, down 5.97% from the end of the previous year[6] - The company's total liabilities decreased, with short-term borrowings at ¥31,724,866.00, down from ¥47,011,050.00[28] - The company's total equity attributable to shareholders was ¥3,702,274,469.77, a decrease of 5.81% from the previous year[6] - The total liabilities decreased from RMB 206.88 billion to RMB 177.18 billion, a reduction of approximately 14.4%[31] - The total equity attributable to shareholders decreased from RMB 3.93 billion to RMB 3.70 billion, a decline of about 5.5%[31] - The total assets decreased from RMB 4.32 billion to RMB 4.07 billion, reflecting a decline of approximately 5.8%[31] Cash Flow - The cash flow from operating activities was not applicable for the current period, with a net cash outflow of -¥231,419,491.25 year-to-date[5] - The cash flow from operating activities for the year-to-date period decreased significantly due to a sharp decline in operating revenue and reduced cash receipts[33] - The net cash flow from operating activities was -231,419,491.25, compared to -175,106,800.88 in the previous period, indicating a decline in operational performance[59] - The total cash inflow from investment activities was 576,846,628.43, significantly higher than 304,966,429.82 in the prior period, reflecting increased investment recovery[59] - The net cash flow from investment activities was -271,446,771.11, an improvement from -661,373,977.67 previously, suggesting better investment management[59] - Cash flow from financing activities resulted in a net outflow of -115,182,310.64, compared to -62,795,101.93 in the last period, indicating increased financing costs[60] - The total cash and cash equivalents at the end of the period stood at 1,910,159,625.14, down from 2,495,048,658.69, reflecting a decrease in liquidity[60] Shareholder Information - The company has repurchased a total of 995,955 shares, representing 0.2252% of the total share capital, with a total expenditure of RMB 29.99 million[36] - The total number of common shareholders as of the reporting date was 23,312[77] - The largest shareholder, Dongfang Hengxin Group, holds 32.38% of shares, totaling 143,213,025 shares[77] Future Plans - The company plans to continue its market expansion and product development strategies despite current challenges[33] - The company has plans for market expansion and new product development, although specific details were not provided in the extracted content[68]