JJE(SH:688280)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥233,052,738.52, representing a decrease of 4.89% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥100,951,234.48, showing an increase of 15.92% in loss compared to the previous year[5]. - The basic earnings per share for Q3 2023 was -¥0.17, a decrease of 9.80% compared to the same period last year[6]. - Net profit for Q3 2023 was a loss of ¥333,026,174.26, compared to a loss of ¥301,986,914.12 in Q3 2022, indicating a worsening of approximately 10.2%[25]. - Basic and diluted earnings per share for Q3 2023 were both -0.56 CNY, compared to -0.51 CNY in Q3 2022, indicating a decline in profitability[26]. Research and Development - Research and development expenses totaled ¥55,095,217.74 in Q3 2023, accounting for 23.64% of operating revenue, an increase of 2.83 percentage points year-on-year[6]. - Research and development expenses increased to ¥144,543,597.62 in Q3 2023, up from ¥134,907,470.62 in Q3 2022, representing an increase of about 7.4%[24]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,620,435,517.67, a decrease of 12.13% from the end of the previous year[6]. - Total liabilities decreased to ¥1,364,635,153.94 in Q3 2023 from ¥1,395,836,220.00 in the same period last year, a reduction of about 2.2%[20]. - The company's total equity as of Q3 2023 was ¥1,255,800,363.73, down from ¥1,586,234,538.23 in Q3 2022, indicating a decrease of approximately 20.8%[20]. - The total current assets as of September 30, 2023, amounted to CNY 1,548,087,263.74, a decrease from CNY 1,952,812,918.35 in the previous period[18]. - The company reported a long-term receivable of CNY 1,249,563.38, down from CNY 3,353,495.70, indicating a significant decline of approximately 62.8%[18]. Cash Flow - Total cash inflow from operating activities for the first three quarters of 2023 was 620,197,712.39 CNY, down from 905,906,282.97 CNY in the same period of 2022, representing a decrease of approximately 31.5%[26]. - Cash outflow from operating activities totaled 873,410,942.20 CNY in the first three quarters of 2023, compared to 1,259,563,499.47 CNY in 2022, reflecting a reduction of about 30.7%[26]. - Net cash flow from operating activities was -253,213,229.81 CNY for the first three quarters of 2023, an improvement from -353,657,216.50 CNY in the same period of 2022[26]. - Cash inflow from investment activities was 1,415,882.12 CNY in Q3 2023, significantly lower than 4,353,567.16 CNY in Q3 2022, marking a decline of approximately 67.5%[27]. - Net cash flow from investment activities was -156,430,023.31 CNY for the first three quarters of 2023, compared to -132,117,169.49 CNY in the same period of 2022, indicating a worsening of cash outflows[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,392[12]. - The largest shareholder, Heze Beixiang New Energy Technology Co., Ltd., held 69,677,520 shares, accounting for 11.8% of the total shares[12]. Future Outlook - The company is focusing on expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[15]. - Future outlook includes potential new product launches and strategic partnerships to enhance growth opportunities[15]. - The company has not provided specific guidance for the upcoming quarter, indicating a cautious approach amid market uncertainties[15]. Other Financial Metrics - The company reported non-operating income of ¥24,212,535.16 for Q3 2023, down from ¥55,868,492.28 in the same period last year[10]. - The weighted average return on equity for Q3 2023 was -7.73%, a decrease of 0.93 percentage points compared to the previous year[6]. - The company reported a significant increase in sales expenses, which rose to ¥45,024,934.93 in Q3 2023 from ¥38,766,587.75 in Q3 2022, an increase of about 16.0%[24]. - Other comprehensive income for Q3 2023 was ¥1,742,850.15, compared to a loss of ¥3,324,077.78 in Q3 2022, showing a positive turnaround[25]. - The ending balance of cash and cash equivalents was 410,182,071.60 CNY as of the end of Q3 2023, down from 961,285,565.54 CNY at the end of Q3 2022[27]. Accounting Standards - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the year[28].