燕东微(688172) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥440,143,955.12, a decrease of 24.19% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2023 was ¥80,380,188.46, down 38.98% year-over-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,450,732.75, a significant decline of 79.84% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2023 was CNY 1,524,073,224.52, a decrease of 12.2% compared to CNY 1,736,744,615.82 in the same period of 2022[18] - Net profit for the first three quarters of 2023 was CNY 336,475,084.78, down 25.1% from CNY 449,380,409.83 in the previous year[19] - Basic earnings per share for Q3 2023 were ¥0.07, down 48.44% year-over-year[5] - Basic earnings per share for the first three quarters of 2023 were CNY 0.29, down from CNY 0.43 in the previous year[20] Research and Development - The total R&D investment for Q3 2023 was ¥82,236,566.70, an increase of 91.77% year-over-year, representing 18.68% of operating revenue[5] - Research and development expenses rose significantly to CNY 176,795,040.98, an increase of 45.4% compared to CNY 121,607,891.90 in the same period last year[18] - The company experienced a significant decrease in net profit due to reduced operating revenue and increased R&D expenses[9] - The company plans to continue focusing on R&D and market expansion strategies to enhance future growth prospects[19] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥131,009,689.73, a decrease of 76.25% compared to the previous year[5] - Net cash flow from operating activities for Q3 2023 was $131,009,689.73, a decrease of 76.2% compared to $551,511,553.24 in Q3 2022[22] - Cash flow from operating activities decreased to CNY 852,502,082.34, compared to CNY 1,157,924,123.50 in the same period of 2022, reflecting a decline of 26.4%[21] - The company reported a significant decrease in cash flow due to increased investment activities and operational costs[22] - Cash paid to employees increased to $295,615,218.82 from $283,841,847.46 year-over-year[22] - Cash paid for other operating activities rose to $73,395,346.63, up from $58,059,540.72 in the previous year[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥18,326,654,505.50, an increase of 2.82% from the end of the previous year[5] - The equity attributable to shareholders at the end of the reporting period was ¥14,754,321,961.87, up 2.83% from the previous year[5] - As of September 30, 2023, the total assets of Beijing Yandong Microelectronics Co., Ltd. amounted to RMB 18.33 billion, an increase from RMB 17.82 billion at the end of 2022, reflecting a growth of approximately 2.9%[14] - Total liabilities increased to CNY 3,408,519,081.29, up from CNY 3,300,802,930.73 year-over-year[16] - The total liabilities of the company as of September 30, 2023, were RMB 10.84 billion, down from RMB 11.42 billion, indicating a decrease of about 5.1%[14] Investment Activities - Total cash inflow from investment activities was $1,294,041,073.25, while cash outflow was $3,427,342,515.79, resulting in a net cash flow from investment activities of -$2,133,301,442.54[22] - Cash paid for fixed assets and other long-term assets was $1,329,622,515.79, compared to $1,663,515,255.00 in Q3 2022[22] - The company reported a net investment income of CNY 6,043,824.81, down from CNY 7,489,247.74 in the same period last year[18] Other Notable Information - The company has not disclosed any new product launches or technological advancements during the reporting period[13] - There are no significant mergers or acquisitions reported in the current quarter[13] - The company's cash and cash equivalents decreased to RMB 7.17 billion from RMB 9.03 billion, representing a decline of about 20.6% year-over-year[14] - Accounts receivable increased significantly to RMB 1.25 billion, up from RMB 621.46 million, indicating a growth of approximately 100.5%[14] - Inventory levels rose to RMB 1.01 billion, compared to RMB 981.35 million, marking an increase of about 2.5%[14]