优刻得(688158) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥359,873,993.84, representing a decrease of 19% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥95,607,336.27, a decline of 6% year-over-year[6]. - The company's operating revenue for the first three quarters of 2023 was 1,099.18 million yuan, a decrease of 26.19% year-on-year, primarily due to a reduction in public cloud business revenue, which accounted for approximately 36% of the revenue decline[13]. - Net loss attributable to shareholders for the first three quarters of 2023 was CNY 283,773,423.44, compared to a net loss of CNY 350,008,498.42 in the same period of 2022[28]. - The company reported a net profit margin of -26.0% for the first three quarters of 2023, compared to -23.5% in the same period of 2022[28]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥139,429,229.55, an increase of 462% compared to the previous year[6]. - The net cash flow from operating activities for Q3 2023 was ¥139,429,229.55, a significant increase compared to ¥24,789,184.91 in Q3 2022, reflecting improved operational efficiency[32]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 1,342,425,108.90, a decrease of 19.0% from CNY 1,656,170,517.48 in the same period of 2022[31]. - The company received tax refunds amounting to ¥132,889,920.96 during the quarter, contributing positively to cash flow[32]. - The net cash flow from financing activities was -¥52,374,135.93, contrasting with a positive cash flow of ¥399,438,761.14 in Q3 2022, highlighting challenges in financing[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,873,104,613.69, a decrease of 5% from the end of the previous year[6]. - The total liabilities as of the end of the third quarter of 2023 amounted to CNY 1,172,939,185.44, an increase from CNY 1,097,216,466.18 at the end of the previous year[24]. - The total current liabilities were reported at RMB 1,000,000,000, with significant components including accounts payable of RMB 535,034,442.41[23]. - The company's long-term equity investments decreased by 10 million yuan, primarily due to equity dilution caused by financing activities[13]. Research and Development - Research and development expenses totaled ¥53,047,187.89, an increase of 11% from the previous year, accounting for 14.74% of revenue[6]. - Research and development expenses for the first three quarters decreased by 25 million yuan, mainly due to a reduction in total compensation costs for R&D personnel and employee equity incentive expenses[14]. - Research and development expenses for the first three quarters of 2023 were CNY 163,188,976.92, down 24.8% from CNY 216,729,062.05 year-on-year[27]. Shareholder Information - The company’s total number of ordinary shareholders at the end of the reporting period was 25,675[16]. - The top shareholder, Qi Xinhua, holds 50,831,173 shares, representing 11.22% of the total shares[17]. Inventory and Receivables - Inventory increased by 66% due to the accumulation of costs related to unaccepted private cloud projects[11]. - The company experienced a 62% decrease in contract assets, primarily due to the transfer of warranty deposits for previously accepted private cloud projects to receivables[11]. - Accounts receivable increased to RMB 482,775,321.42 from RMB 462,087,918.20, showing a growth of approximately 4.5% year-over-year[21]. Impairment and Losses - The company experienced a significant increase in credit impairment loss of 397 million yuan, primarily due to a slowdown in the collection speed of accounts receivable, leading to an increase in bad debt provisions[13]. - The company experienced a significant increase in credit impairment losses, reporting CNY -45,911,260.61 for the first three quarters of 2023, compared to CNY -9,246,518.09 in the same period of 2022[28]. Cost Management - The comprehensive gross profit margin for the period was 9.84%, an increase of 2.61 percentage points year-on-year, attributed to the reduction in low-margin cloud distribution business and cost optimization measures[14]. - Cash paid for purchasing goods and services was ¥906,584,311.86, compared to ¥1,218,882,280.07 in the same quarter last year, showing a reduction in operational costs[32]. - The company is focusing on cost reduction and efficiency improvement while accelerating the construction of two self-built data centers in the fourth quarter[20].