Orbbec (SH:688322)2023-10-27 16:00Revenue and Profitability - Revenue for Q3 2023 reached ¥94,034,845.92, an increase of 51.52% compared to the same period last year[16] - Net profit attributable to shareholders was -¥51,720,861.68, with a year-to-date net profit of -¥191,938,355.38[16] - The company's revenue for the current reporting period increased by 51.52%, primarily due to the growth in sales of 3D visual sensor products[32] - The net profit attributable to shareholders of the listed company increased, driven by higher revenue and reduced R&D expenses[32] - Net profit for the third quarter of 2023 was a loss of ¥205,027,775.32, compared to a loss of ¥223,613,149.09 in the same quarter of 2022, showing an improvement of approximately 8.1%[42] - The company reported a total comprehensive loss of -204,505,701.17 for the period, slightly improved from -219,758,700.22 in the previous year[56] Research and Development - R&D investment accounted for 73.61% of operating income, a decrease of 84 basis points from the previous year[6] - Total R&D expenditure for the year-to-date was ¥69,218,811.16, a decrease of 29.24% compared to the previous year[16] - Research and development expenses for the first three quarters of 2023 were ¥237,632,719.00, down from ¥291,483,615.27 in the same period of 2022, indicating a reduction of about 18.5%[48] - The proportion of R&D investment to revenue decreased by 84 basis points, attributed to increased revenue and reduced R&D expenses[32] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was -¥184,999,490.01[16] - The net cash flow from operating activities decreased due to a reduction in cash received from sales and services[32] - The net cash flow from operating activities for the first three quarters of 2023 was -184,999,490.01, compared to -34,513,390.29 in the same period of 2022, indicating a significant decline[52] - Total cash inflow from operating activities was 308,120,001.14, down from 538,450,760.80 in the previous year, reflecting a decrease of approximately 43%[52] - Cash outflow from operating activities totaled 493,119,491.15, compared to 572,964,151.09 in 2022, showing a reduction of about 14%[52] - The company reported a cash balance of ¥1,246,969,606.56 as of September 30, 2023, down from ¥1,709,072,445.88 at the end of 2022[19] - The cash and cash equivalents at the end of the period were 1,041,215,297.04, down from 1,212,238,508.04 at the end of the previous year[63] Assets and Liabilities - Total assets as of September 30, 2023, were ¥3,392,871,457.48, down 1.00% from the end of the previous year[6] - Shareholders' equity attributable to the parent company was ¥3,102,902,213.62, a decrease of 3.97% year-on-year[6] - The total assets of the company amounted to approximately 3.39 billion RMB[38] - The total liabilities of the company were approximately 266.15 million RMB in current liabilities[38] - The company's total liabilities increased to ¥308,900,462.84 in the latest report, up from ¥205,248,907.93 in the previous year, reflecting a rise of about 50.4%[42] - The total equity attributable to shareholders decreased to ¥3,102,902,213.62 from ¥3,231,013,797.61, a decline of approximately 4.0%[42] - The total non-current liabilities decreased to ¥42,745,747.87 from ¥54,577,377.05, a reduction of about 21.6%[42] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,486[28] - The largest shareholder, Huang Yuanhao, holds 27.23% of the shares, totaling 108,903,960 shares[28] - The company reported a significant increase in the number of shares held by major shareholders, indicating strong investor confidence[28] Other Financial Metrics - Basic and diluted earnings per share for Q3 2023 were both -¥0.13[16] - Basic and diluted earnings per share were both -0.48, compared to -0.56 in the same period of 2022, indicating a slight improvement[56] - Non-recurring gains and losses included government subsidies of ¥5,377,953.15 for the current period[17] - The company reported a credit impairment loss of ¥825,316.48 for the third quarter of 2023, compared to a gain of ¥2,224,761.09 in the same quarter of 2022[42] - Deferred income increased to ¥25,808,765.98 from ¥23,823,942.98, marking an increase of approximately 8.3%[42] - The company received cash from financing activities totaling 104,166,098.67, compared to 1,177,649,440.50 in the previous year, indicating a significant decrease[63] - The company experienced a foreign exchange impact on cash and cash equivalents amounting to 1,473,398.10, compared to 7,469,134.85 in the previous year[63]