Neoway(SH:688159)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥289,441,236.39, representing a year-on-year increase of 25.31%[5] - The net profit attributable to shareholders for Q3 2023 was ¥814,595.92, while the net profit for the year-to-date period decreased to -¥43,663,965.98[5] - Total revenue for the first three quarters of 2023 reached ¥708,584,860.64, an increase of 21.7% compared to ¥582,176,048.76 in the same period of 2022[22] - Operating costs for the first three quarters of 2023 were ¥765,192,925.77, up from ¥615,045,007.32 in 2022, reflecting a 24.4% increase[22] - Net loss for the third quarter of 2023 was ¥44,934,539.09, compared to a net loss of ¥24,603,879.50 in the same quarter of 2022, indicating a worsening of 82.6%[24] - The total operating profit for the first three quarters of 2023 was -¥58,031,824.75, worsening from -¥36,250,752.84 in the same period of 2022[23] - The net loss for the first three quarters of 2023 was ¥31,363,345.20, compared to a net loss of ¥16,951,418.87 in the same period of 2022, indicating a worsening of 85.5%[31] Research and Development - The R&D investment totaled ¥27,618,939.28 in Q3 2023, accounting for 9.54% of operating revenue, a decrease of 2.63 percentage points compared to the previous year[6] - Research and development expenses for the third quarter of 2023 amounted to ¥61,142,576.75, an increase of 15.5% from ¥52,823,012.98 in the previous year[23] - Research and development expenses increased to ¥61,008,728.92, compared to ¥51,512,838.07 in the previous year, marking a 18.3% increase[30] - The company plans to continue investing in R&D and sales, which has led to increased expenses in the current reporting period[12] Assets and Liabilities - Total assets as of the end of Q3 2023 reached ¥1,448,861,631.36, reflecting a 5.97% increase from the end of the previous year[6] - The total current assets as of September 30, 2023, amount to ¥991,448,531.88, an increase from ¥941,647,201.16 at the end of 2022[18] - The total non-current assets as of September 30, 2023, are ¥457,413,099.48, up from ¥425,559,495.76 at the end of 2022[18] - Total liabilities increased to ¥710,975,486.99 in Q3 2023 from ¥590,791,155.47 in Q3 2022, marking a rise of 20.3%[20] - The company's equity attributable to shareholders decreased to ¥738,341,524.93 in Q3 2023 from ¥773,889,497.32 in Q3 2022, a decline of 4.6%[20] - Total assets as of September 30, 2023, were CNY 1,591,008,756.37, an increase from CNY 1,446,805,177.08 as of December 31, 2022[29] - Total liabilities increased to CNY 795,248,364.68 as of September 30, 2023, compared to CNY 626,149,248.23 as of December 31, 2022[29] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥76,123,559.40, a significant decrease of 363.47% compared to the previous year[6] - Cash inflow from operating activities for the first three quarters of 2023 was CNY 765,203,094.82, an increase of 8.6% compared to CNY 704,592,755.87 in the same period of 2022[26] - Net cash outflow from operating activities was CNY -76,123,559.40 for the first three quarters of 2023, compared to a net inflow of CNY 28,892,440.31 in the same period of 2022[26] - Cash inflow from investment activities decreased significantly to CNY 20,045,695.40 in Q3 2023 from CNY 298,418,324.49 in Q3 2022, representing a decline of approximately 93.3%[27] - Net cash outflow from investment activities was CNY -23,875,762.62 in Q3 2023, compared to a net inflow of CNY 4,691,109.05 in Q3 2022[27] - Cash inflow from financing activities increased to CNY 431,507,421.88 in Q3 2023, up from CNY 181,871,522.83 in Q3 2022, marking an increase of approximately 137.3%[27] - Net cash inflow from financing activities was CNY 119,120,449.99 in Q3 2023, compared to CNY 1,928,055.75 in Q3 2022[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 3,579[13] - The largest shareholder, Shenzhen Jisr Investment Development Co., Ltd., holds 21,641,000 shares, accounting for 23.49% of total shares[14] - Wang Kang, a significant shareholder, owns 5,548,398 shares, representing 6.02% of total shares[14] Future Outlook - The company has not provided any future outlook or performance guidance in the current report[16]