JSCQ(SH:688182)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥68,398,529.53, a decrease of 23.82% compared to the same period last year[5] - Net profit attributable to shareholders was ¥8,119,572.86, down 75.90% year-on-year[5] - The net profit excluding non-recurring gains and losses for the period was ¥2,594,299.88, a decline of 62.02% compared to the previous year[5] - Basic and diluted earnings per share for Q3 2023 were both ¥0.02, down 75.00% from the same period last year[6] - Net profit for the third quarter of 2023 was ¥27,318,168.09, a decrease of 56.0% from ¥61,915,868.02 in the same quarter of 2022[22] - Earnings per share for the third quarter of 2023 were ¥0.07, down from ¥0.16 in the same quarter of 2022[23] - The company’s total comprehensive income for the third quarter of 2023 was ¥27,318,168.09, compared to ¥61,915,868.02 in the same quarter of 2022, a decrease of 56.0%[23] Cash Flow - The cash flow from operating activities for the year-to-date was ¥23,321,780.06, reflecting a significant decrease of 70.89%[6] - The net cash flow from operating activities for the first three quarters of 2023 was CNY 23,321,780.06, down 70.9% from CNY 80,115,253.53 in the first three quarters of 2022[26] - The total cash outflow from operating activities was CNY 295,922,442.67, an increase of 17.7% from CNY 251,248,535.30 in the same period of 2022[26] - The company reported a significant decline in cash flow from operations, indicating potential challenges in maintaining liquidity and operational efficiency moving forward[26] - The cash inflow from investment activities was CNY 1,028,952,318.91, a significant decrease of 58.7% compared to CNY 2,489,993,318.78 in the same period of 2022[27] - The net cash flow from investment activities was -CNY 146,549,997.11, compared to -CNY 89,084,878.92 in the same period of 2022, indicating a worsening investment cash flow situation[27] - The cash outflow for purchasing fixed assets and other long-term assets was CNY 123,999,816.02, an increase from CNY 53,997,768.74 in the first three quarters of 2022[26] - The net cash flow from financing activities was -CNY 28,000,000.00, consistent with the same period in 2022[27] - The cash and cash equivalents at the end of the period were CNY 502,441,589.13, down from CNY 597,006,045.57 at the end of the same period in 2022[27] - The company received CNY 216,458.15 in tax refunds, a decrease of 98.1% compared to CNY 11,608,008.59 in the first three quarters of 2022[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,286,480,579.46, a decrease of 1.35% from the end of the previous year[6] - The total assets as of September 30, 2023, amounted to ¥2,286,480,579.46, a decrease from ¥2,317,655,217.57 at the end of 2022, reflecting a decline of approximately 1.34%[17] - The company's cash and cash equivalents were reported at ¥503,337,075.58, down from ¥655,854,238.23, indicating a decrease of about 23.2%[17] - The total current assets decreased to ¥1,522,924,255.02 from ¥1,672,734,926.37, representing a decline of approximately 8.95%[18] - The company's inventory stood at ¥160,376,901.71, down from ¥167,535,886.88, which is a decrease of about 4.9%[18] - The total non-current assets increased to ¥763,556,324.44 from ¥644,920,291.20, showing an increase of approximately 18.4%[18] - The total liabilities decreased to ¥167,817,554.77 in Q3 2023 from ¥207,470,257.27 in Q3 2022, a reduction of 19.1%[20] - The company has not disclosed any new product developments or technological advancements in the current report[16] - The company's total liabilities were not specified in the provided data, but the current liabilities are expected to be monitored closely in future reports[18] Research and Development - Research and development expenses totaled ¥8,744,865.05, an increase of 3.68% year-on-year, representing 12.79% of operating revenue[6] - Research and development expenses for the first three quarters of 2023 were ¥28,237,264.39, up from ¥23,122,527.15 in the same period of 2022, indicating a growth of 22.2%[21] - The company plans to continue increasing its investment in research and development despite the current financial challenges[11] Shareholder Information - The top shareholder, Zhangjiagang Canqin Enterprise Management Co., Ltd., holds 36.86% of the shares, while the top ten shareholders collectively own 71.57%[15] Future Outlook - Future outlook and performance guidance were not explicitly mentioned in the provided data, indicating a need for further clarification in upcoming communications[16] - The company has not reported any significant mergers or acquisitions during the reporting period[16]