EFORT(SH:688165)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was RMB 532.34 million, representing a year-on-year increase of 40.52%[3] - The net profit attributable to shareholders for Q3 2023 was RMB 3.96 million, marking a turnaround from a loss in the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 9.21 million, a reduction of 77.35% compared to the previous year[4] - The total equity attributable to shareholders at the end of the reporting period was RMB 1,732.03 million, a slight decrease of 1.09% from the previous year[4] - The net loss attributable to shareholders decreased by RMB 36.393 million, a reduction of 40.10% compared to the same period last year, primarily due to increased business revenue and improved gross margin[9] - Basic and diluted earnings per share turned positive for the reporting period, reflecting a turnaround from losses in the same period last year[9] - The company reported significant growth in basic and diluted earnings per share year-to-date, attributed to the reduction in net loss[9] - The total comprehensive income attributable to the parent company for Q3 2023 was -31,092,223.98 RMB, compared to -88,600,240.32 RMB in Q3 2022, reflecting a significant reduction in losses[23] - Basic and diluted earnings per share for Q3 2023 were both -0.10 RMB, an improvement from -0.17 RMB in Q3 2022[23] Assets and Liabilities - The total assets at the end of the reporting period were RMB 3,528.08 million, an increase of 6.08% from the end of the previous year[4] - The company's total assets decreased from ¥3,528,079,793.23 as of December 31, 2022, to ¥3,325,773,007.73 by September 30, 2023, a decline of approximately 5.7%[18] - Current liabilities decreased from ¥1,459,544,707.83 to ¥1,310,593,158.95, representing a reduction of about 10.2%[18] - The total liabilities decreased from ¥1,791,660,256.84 to ¥1,568,575,024.08, reflecting a reduction of approximately 12.5%[18] - The company's total equity increased from ¥1,736,419,536.39 to ¥1,757,197,983.65, indicating a growth of 1.2%[18] Cash Flow - The cash flow from operating activities for Q3 2023 was a negative RMB 66.09 million, indicating challenges in cash generation[3] - Cash flow from operating activities for the first nine months of 2023 was 1,061,436,392.22 RMB, slightly up from 1,049,146,463.19 RMB in the same period of 2022[24] - The net cash flow from operating activities for Q3 2023 was -193,911,347.25 RMB, compared to -198,069,921.34 RMB in Q3 2022, showing a slight improvement[25] - The net cash flow from investing activities for Q3 2023 was 178,323,640.72 RMB, a turnaround from -45,043,244.98 RMB in Q3 2022[25] - The total cash and cash equivalents at the end of Q3 2023 were 331,866,969.46 RMB, down from 239,766,909.92 RMB at the end of Q3 2022[25] - The company reported a total cash outflow from financing activities of 525,729,685.66 RMB in Q3 2023, compared to 429,276,461.62 RMB in Q3 2022[25] - The company experienced a foreign exchange impact on cash and cash equivalents of 10,561,136.52 RMB in Q3 2023, compared to -3,367,108.03 RMB in Q3 2022[25] Research and Development - The company invested RMB 23.28 million in R&D during the quarter, accounting for 4.37% of its operating revenue, a decrease of 2.77 percentage points year-on-year[4] - Research and development expenses for the third quarter of 2023 were ¥68,624,843.94, compared to ¥71,477,443.47 in the same quarter of 2022, showing a decrease of 4.0%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,441[11] - The top shareholder, Wuhu Yuanhong Industrial Robot Investment Co., Ltd., holds 84,000,000 shares, accounting for 16.10% of the total shares[12] - The second-largest shareholder, Wuhu Yuanda Venture Capital Co., Ltd., holds 60,930,000 shares, representing 11.68%[12] - The company has a total of 36.5771% voting rights held by Wuhu Yuanhong Industrial Robot Investment Co., Ltd. and its concerted parties[13] Sales and Market Performance - The company reported a significant increase in industrial robot sales, with revenue growth of 139.96% year-on-year, contributing to the overall revenue increase[8] - The gross profit margin improved due to increased sales volume and higher profit contributions from the industrial robot segment[8] - The company maintained a focus on resource concentration strategy, which has positively impacted its financial performance[8] Future Plans - The company plans to disclose its industrial robot production and sales data for the first three quarters of 2023 on October 19, 2023[14] Other Information - The company's long-term equity investments decreased from ¥102,321,151.25 to ¥72,773,934.80, a decline of 28.9%[16] - The company has not reported any new product or technology developments, market expansions, or mergers and acquisitions in the current quarter[26]