长盈通(688143) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥29,649,821.14, a decrease of 55.81% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥11,977,976.72, representing a decline of 218.62% year-on-year[5]. - The net profit excluding non-recurring gains and losses for the period was -¥17,897,296.47, a decrease of 305.85% compared to the previous year[5]. - Net profit for the third quarter of 2023 was CNY 2,681,889.94, significantly lower than CNY 51,071,840.92 in the same quarter of 2022, indicating a decline of about 94.8%[22]. - The basic and diluted earnings per share for Q3 2023 were both -¥0.10, a decline of 190.91% year-on-year[6]. - The basic earnings per share for Q3 2023 was CNY 0.02, down from CNY 0.56 in Q3 2022, indicating a significant drop in profitability per share[23]. Research and Development - Research and development expenses totaled ¥11,017,930.59, an increase of 67.23% year-on-year, accounting for 37.16% of operating revenue, up 27.34 percentage points[6][11]. - Research and development expenses for the first three quarters of 2023 were CNY 27,511,615.47, an increase of 51% compared to CNY 18,194,717.96 in the same period of 2022[21]. - The company plans to enhance its core competitiveness by increasing investment in new products, technologies, and processes through the recruitment of high-end R&D talent[11]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥1,279,469.51, down 97.31% compared to the previous year[6]. - The net cash flow from operating activities for Q3 2023 was ¥1,279,469.51, a significant decrease from ¥47,567,135.78 in Q3 2022[26]. - The company's cash flow from operating activities for the first three quarters of 2023 showed a significant decline, impacting liquidity and operational flexibility[24]. - The ending balance of cash and cash equivalents as of Q3 2023 was ¥49,897,497.07, down from ¥79,712,787.09 in Q3 2022[27]. - The net increase in cash and cash equivalents for Q3 2023 was -¥760,206,068.23, compared to -¥7,884,400.00 in Q3 2022[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,337,008,127.17, a decrease of 4.93% from the end of the previous year[6]. - As of September 30, 2023, the company's total current assets amounted to ¥1,127,780,332.49, a decrease from ¥1,210,336,266.38 at the end of 2022, reflecting a decline of approximately 6.83%[17]. - The company's total assets decreased to CNY 1,337,008,127.17 in Q3 2023 from CNY 1,406,314,714.39 in Q3 2022, a reduction of approximately 4.9%[19]. - Total liabilities decreased to CNY 117,250,731.97 in Q3 2023 from CNY 152,325,059.60 in Q3 2022, reflecting a decline of about 23%[19]. - The total equity attributable to shareholders decreased to CNY 1,212,355,110.85 in Q3 2023 from CNY 1,249,880,577.70 in Q3 2022, a decline of approximately 3%[19]. Investment Activities - Total cash inflow from investment activities in Q3 2023 reached ¥1,293,794,709.38, compared to only ¥14,621,892.93 in Q3 2022[27]. - Cash outflow from investment activities surged to ¥2,009,328,073.68 in Q3 2023, up from ¥49,094,226.23 in Q3 2022[27]. - The company reported a significant increase in cash paid for other investment activities, totaling ¥1,981,300,000.00 in Q3 2023, compared to ¥24,000,000.00 in Q3 2022[26]. Operational Challenges - The company faced a significant reduction in revenue due to external factors affecting military product structure adjustments and delays in orders from a key military client[11]. - There are no significant mergers or acquisitions reported in the third quarter of 2023[16]. - The company has not disclosed any new product launches or technological advancements in the current report[16].