HQTC(SH:688151)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥94,481,061.65, a decrease of 10.88% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥767,438.74, down 79.53% year-on-year, while the net loss attributable to shareholders reached ¥28,585,307.17, representing a 195.49% increase in loss compared to the previous year[5][11]. - The basic earnings per share for Q3 2023 was ¥0.00, a decline of 100% compared to ¥0.09 in the same period last year[6][12]. - Total operating revenue for the first three quarters of 2023 was CNY 362,913,482.38, a decrease from CNY 449,130,915.19 in the same period of 2022, representing a decline of approximately 19.2%[22]. - Net profit for the first three quarters of 2023 was CNY 29,740,241.10, down from CNY 99,449,397.88 in the same period of 2022, reflecting a decrease of approximately 70%[24]. - Earnings per share for the first three quarters of 2023 were CNY 0.09, compared to CNY 0.29 in the same period of 2022, showing a decline of about 69%[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,047,219,517.71, reflecting a decrease of 2.31% from the end of the previous year[6]. - The company's total current assets as of September 30, 2023, amount to ¥4,244,518,534.14, a decrease from ¥4,351,642,482.55 at the end of 2022[16]. - The total assets of the company are ¥5,047,219,517.71, compared to ¥5,166,369,693.67 at the end of 2022[18]. - The total liabilities include accounts payable of ¥330,273,737.94, down from ¥376,040,523.20[18]. - Total liabilities as of the end of the third quarter of 2023 were CNY 849,839,503.37, down from CNY 973,750,671.66 at the end of the previous year, indicating a reduction of about 12.7%[22]. - Total equity attributable to shareholders was CNY 4,197,380,014.34, slightly up from CNY 4,192,619,022.01 in the previous year, reflecting a marginal increase of about 0.1%[22]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥120,515,464.41, indicating significant cash management challenges[6]. - The net cash flow from operating activities was -120,515,464.41, an improvement from -166,127,044.45 in the previous year[26]. - Total cash inflow from investment activities was 1,891,393,578.51, significantly higher than 19,980,000.00 in the same period last year[26]. - The net cash flow from investment activities was -967,719,008.61, compared to -20,428,976.77 in the previous year[26]. - The ending balance of cash and cash equivalents was 1,426,503,625.94, down from 3,317,532,530.62 at the end of the previous year[27]. Research and Development - Research and development expenses totaled ¥10,925,232.50 for the quarter, a decrease of 19.39% year-on-year, and accounted for 11.56% of operating revenue[6]. - Research and development expenses for the first three quarters of 2023 were CNY 33,564,205.27, down from CNY 48,255,016.85 in the same period of 2022, indicating a decrease of approximately 30.5%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,326[13]. - The top shareholder, China Weapon Equipment Group Co., Ltd., holds 156,812,800 shares, representing 45.52% of the total shares[13]. - The second-largest shareholder, Southern Industrial Asset Management Co., Ltd., holds 85,534,000 shares, accounting for 24.83%[13]. Other Financial Metrics - The weighted average return on net assets was 0.02%, a decrease of 0.07 percentage points compared to the previous year[6]. - The company experienced an increase in management expenses and credit impairment losses, contributing to the decline in profitability[11]. - The company reported a financial expense of CNY -19,453,236.12 for the first three quarters of 2023, an improvement compared to CNY -44,193,280.28 in the same period of 2022[22]. - Deferred income tax liabilities decreased to CNY 21,441,754.03 from CNY 22,662,284.11, showing a reduction of about 5.4%[22]. - The company received tax refunds amounting to 4,150,589.87, compared to 2,500,175.23 in the previous year[26].