SK(SH:688155)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥582,294,231.20, a decrease of 17.37% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥20,050,965.81, an increase of 127.92% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥19,612,603.39, up 442.94% compared to the same period last year[5]. - The basic and diluted earnings per share for Q3 2023 were both ¥0.26, representing a 136.36% increase year-over-year[6]. - Total revenue for the first three quarters of 2023 reached ¥1,768,828,157.79, a significant increase of 56.9% compared to ¥1,127,842,943.33 in the same period of 2022[20]. - Operating profit for the first three quarters of 2023 was ¥111,152,894.72, recovering from a loss of ¥16,116,886.51 in the previous year[21]. - Net profit for the first three quarters of 2023 was ¥93,788,846.60, compared to a net loss of ¥1,369,118.85 in the same period last year[21]. - Basic and diluted earnings per share for the current period were both ¥0.34, a turnaround from a loss of ¥0.37 per share in the previous year[22]. - The company reported a total comprehensive income of ¥94,969,250.13, recovering from a loss of ¥3,220,305.56 in the previous year[21]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥4,570,606,175.64, reflecting a slight increase of 0.29% from the end of the previous year[6]. - Total assets as of September 30, 2023, amounted to RMB 4,570,606,175.64, a slight increase from RMB 4,557,242,497.60 at the end of 2022[16]. - Current assets decreased to RMB 3,076,818,403.94 from RMB 3,192,286,075.46 at the end of 2022, reflecting a decline of approximately 3.6%[16]. - Cash and cash equivalents decreased significantly to RMB 331,210,829.05 from RMB 507,767,679.51, representing a decline of about 34.7%[16]. - Accounts receivable stood at RMB 777,746,167.46, slightly down from RMB 796,266,336.05, indicating a decrease of approximately 2.0%[16]. - Inventory increased to RMB 774,677,698.67 from RMB 663,568,047.13, marking an increase of about 16.7%[16]. - Short-term borrowings rose to RMB 1,109,997,730.88 from RMB 792,283,703.91, reflecting an increase of approximately 40.0%[17]. - Total liabilities increased to RMB 2,676,818,403.94 from RMB 2,600,000,000.00, indicating a growth of about 2.9%[17]. - The total liabilities as of September 30, 2023, were CNY 3,104,985,823.07, indicating a slight increase from CNY 3,093,000,000.00 at the beginning of the year[27]. - Total liabilities decreased to ¥3,104,810,005.65 from ¥3,188,489,609.02 year-over-year, indicating improved financial stability[20]. Cash Flow - The company reported a net cash flow from operating activities of -¥107,169,550.43 for the year-to-date period, indicating cash flow challenges[6]. - The cash inflow from operating activities for the first three quarters of 2023 was CNY 1,566,491,277.83, a significant increase from CNY 767,466,408.99 in the same period of 2022, representing a growth of approximately 104.1%[23]. - The net cash flow from operating activities was negative CNY 107,169,550.43 for the first three quarters of 2023, an improvement compared to negative CNY 585,244,342.45 in the same period of 2022[23]. - The cash inflow from investment activities totaled CNY 95,050,551.68 in the first three quarters of 2023, down from CNY 663,828,799.20 in the same period of 2022, indicating a decline of approximately 85.7%[24]. - The net cash flow from investment activities was negative CNY 499,944,417.95 for the first three quarters of 2023, worsening from negative CNY 330,084,986.29 in the same period of 2022[24]. - The cash inflow from financing activities was CNY 1,188,929,908.27 in the first three quarters of 2023, compared to CNY 905,125,562.71 in the same period of 2022, reflecting an increase of approximately 31.4%[24]. - The net cash flow from financing activities was CNY 512,939,758.34 for the first three quarters of 2023, a decrease from CNY 864,001,043.21 in the same period of 2022[24]. Research and Development - Research and development expenses totaled ¥27,972,056.16 in Q3 2023, a decrease of 40.41% compared to the same period last year[6]. - Research and development expenses for the first three quarters were ¥93,792,154.31, down from ¥128,689,471.07, suggesting a potential shift in focus or efficiency improvements[20]. Equity and Shareholder Information - The total equity attributable to shareholders at the end of Q3 2023 was ¥1,165,130,257.02, an increase of 2.55% from the end of the previous year[6]. - The company’s total equity as of September 30, 2023, was RMB 1,893,787,771.70, reflecting a slight increase from RMB 1,957,242,497.60 at the end of 2022[17]. - The minority shareholders' equity increased to ¥300,665,912.97 from ¥232,627,865.53, indicating positive growth and confidence from minority investors[20]. - The company has maintained a stable capital reserve of ¥921,486,896.11, showing consistent financial health[20].