万德斯(688178) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 244,724,401.51, representing a year-on-year increase of 6.53%[5] - The net profit attributable to shareholders for Q3 2023 decreased by 32.37% to CNY 14,755,733.52, while the year-to-date net profit dropped by 60.95% to CNY 20,234,281.28[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 4,970,130.52, down 69.18% year-on-year[5] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.1731, a decrease of 32.57% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2023 reached ¥607,467,063.43, an increase from ¥595,316,742.16 in the same period of 2022, representing a growth of approximately 1.93%[20] - Net profit for the third quarter of 2023 was ¥19,184,260.42, a decrease from ¥51,524,652.73 in the same quarter of 2022, reflecting a decline of approximately 62.85%[22] - Earnings per share for the third quarter of 2023 were ¥0.24, down from ¥0.61 in the same quarter of 2022, showing a decrease of about 60.66%[23] - The total comprehensive income for the third quarter of 2023 was ¥19,184,260.42, down from ¥51,524,652.73 in the same quarter of 2022, indicating a decline of approximately 62.85%[23] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 2,185,210,222.96, reflecting a 1.57% increase from the end of the previous year[6] - Total assets as of September 30, 2023, amounted to CNY 2,185,210,222.96, an increase from CNY 2,151,501,844.06 at the end of 2022[16] - Current assets totaled CNY 1,693,581,772.31, compared to CNY 1,658,467,226.89 at the end of 2022, reflecting a growth of approximately 2.0%[16] - The total liabilities as of the end of the third quarter of 2023 amounted to ¥928,541,802.10, compared to ¥910,791,005.22 at the end of the previous year, an increase of approximately 1.82%[18] - The total equity attributable to shareholders of the parent company was ¥1,221,649,840.78, slightly up from ¥1,219,963,362.35 in the previous year, indicating a growth of about 0.14%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was negative CNY 121,033,295.82, indicating increased cash outflows due to higher procurement expenses and reduced cash inflows from sales[10] - Cash flow from operating activities for the first three quarters of 2023 was ¥512,682,427.21, down from ¥545,119,215.70 in the same period of 2022, a decrease of approximately 5.93%[24] - The net cash flow from operating activities was -121,033,295.82, compared to -88,935,654.37 in the previous quarter, indicating a decline in operational performance[25] - The total cash and cash equivalents at the end of the period were 142,275,483.72, compared to 95,468,742.40 in the previous quarter, indicating a positive cash position[26] - The net cash increase for the period was -122,990,235.82, an improvement from -237,691,880.70 in the previous quarter, indicating better cash management[26] Research and Development - Research and development expenses for Q3 2023 amounted to CNY 7,195,461.68, which is 2.94% of operating revenue, an increase of 0.11 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 were ¥22,731,872.65, compared to ¥22,271,198.24 in 2022, reflecting an increase of about 2.07%[20] Competition and Profitability - The company experienced a decline in gross margin due to intensified industry competition, which negatively impacted profitability[10] - The company reported a significant decrease in net profit due to increased competition and a decline in gross margin[10] Investments - The company reported an investment loss of ¥574,995.18 for the first three quarters of 2023, contrasting with an investment gain of ¥1,630,948.87 in the same period of 2022[20] - The company received 14,517,740.00 in cash from investments, significantly higher than 980,000.00 in the previous quarter, suggesting increased investor confidence[25]