Yanmade(SH:688312)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥88,060,849.29, a decrease of 20.27% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥17,797,241.01, down 54.66% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥13,934,789.19, a decline of 60.51% compared to the previous year[3]. - The basic earnings per share for Q3 2023 was ¥0.12, a decrease of 55.56% year-on-year[4]. - Total revenue for the first three quarters of 2023 was CNY 208,120,991.63, a decrease of 12.77% compared to CNY 238,574,372.60 in the same period of 2022[19]. - Net profit for the third quarter of 2023 was CNY 44,048,695.00, a decline of 31.73% from CNY 64,448,392.25 in the same quarter of 2022[20]. - Basic and diluted earnings per share for the third quarter of 2023 were both CNY 0.31, down from CNY 0.46 in the same quarter of 2022[21]. Research and Development - The total R&D investment for Q3 2023 was ¥20,347,351.09, down 11.10% from the same period last year, accounting for 23.11% of operating revenue[4]. - Research and development expenses for the first three quarters of 2023 totaled CNY 67,003,615.72, compared to CNY 71,330,307.49 in 2022, indicating a decrease of 6.06%[20]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥36,768,416.94, an increase of 72.03% compared to the previous year[4]. - Operating cash inflow for the first three quarters of 2023 was CNY 320,763,005.20, an increase of 22.4% compared to CNY 262,051,975.76 in the same period of 2022[22]. - Net cash flow from operating activities was CNY 36,768,416.94, up from CNY 21,373,416.28, representing a 72.1% increase year-over-year[22]. - Cash inflow from investment activities totaled CNY 1,684,897,984.42, a decrease of 17.5% from CNY 2,043,620,174.46 in the previous year[23]. - Net cash flow from investment activities was -CNY 53,603,558.85, improving from -CNY 72,308,522.16 in the same period last year[23]. - Cash outflow from financing activities was CNY 174,418,340.23, compared to CNY 134,490,515.44 in the previous year, indicating an increase of 29.6%[23]. - The net cash flow from financing activities was -CNY 102,145,684.23, worsening from -CNY 5,023,472.16 year-over-year[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,487,679,856.85, a decrease of 0.56% from the end of the previous year[4]. - The company's total assets as of the end of Q3 2023 were CNY 1,487,679,856.85, slightly down from CNY 1,496,022,580.33 at the end of Q2 2023[16]. - Total liabilities increased to CNY 176,729,649.15 in Q3 2023 from CNY 160,913,931.37 in Q2 2023, marking an increase of 9.85%[16]. - The company's equity attributable to shareholders was CNY 1,313,656,214.17, a decrease from CNY 1,336,699,269.33 in the previous quarter[16]. - Total current assets decreased to ¥1,153,512,555.24 from ¥1,289,986,432.63 year-over-year[14]. - Total non-current assets increased to ¥334,167,301.61 from ¥206,036,147.70 year-over-year[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,751[10]. - The largest shareholder, Liu Yan, holds 66,528,000 shares, representing 45.93% of total shares[10]. - The company repurchased 3,021,524 shares, accounting for 2.09% of the total share capital[11]. Other Financial Metrics - The return on equity (ROE) for Q3 2023 was 1.33%, a decrease of 1.39 percentage points compared to the same period last year[4]. - The company experienced a significant impact on net profit due to lower consumer confidence and the acceptance progress from major clients[8]. - The company reported a decrease in foreign exchange gains compared to the previous year, affecting overall profitability[8]. - Other comprehensive income after tax for Q3 2023 was CNY 1,489,812.76, down from CNY 5,011,665.28 in Q3 2022[21]. - The company reported a financial expense of CNY -22,481,701.59 in Q3 2023, an improvement compared to CNY -35,839,373.17 in the same quarter of 2022[20]. - The company has ongoing investments in construction projects, with capitalized costs rising to ¥254,058,426.94 from ¥137,374,107.40[14]. - The report indicates no significant changes in the audit opinion type, remaining unaudited[12].