赛科希德(688338) - 2023 Q3 - 季度财报

Financial Summary and Operating Highlights The company's financial performance in the first three quarters of 2023 showed steady growth, with a concentrated and stable equity structure, and continuous investment in R&D and intellectual property Key Financial Data The company reported robust growth in the first three quarters of 2023, with revenue up 24.37% and net profit up 12.27%, though Q3 saw slower revenue growth and a 10.32% decline in net profit, with non-recurring gains primarily from government grants 2023 Q3 and YTD Key Financial Indicators | Item | Current Period (Q3) (million yuan) | Year-to-Date (YTD) (million yuan) | YTD YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 62.79 | 204.27 | 24.37% | | Net Profit Attributable to Parent Company Shareholders | 27.60 | 87.82 | 12.27% | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Gains/Losses | 25.92 | 86.01 | 15.01% | | Net Cash Flow from Operating Activities | N/A | 61.15 | -2.92% | | Basic Earnings Per Share (yuan/share) | 0.26 | 0.83 | 12.16% | | Total R&D Expenditure | 5.00 | 13.91 | 10.78% | 2023 Q1-Q3 Non-Recurring Gains and Losses | Item | Year-to-Date Amount (yuan) | Primary Source | | :--- | :--- | :--- | | Government Grants | 2,090,713.70 | Closely related to the company's normal operations and compliant with national policies | | Other Non-Operating Income/Expenses and Refunds | 68,140.29 | Other non-operating income/expenses and refunds of individual income tax handling fees | | Total | 1,817,591.67 | - | Shareholder Information As of the end of the reporting period, the company had 7,004 common shareholders, with controlling shareholder Wu Shiming holding 34.66%, and his daughter Wu Tong and an employee stock ownership platform also among the top ten shareholders, indicating a relatively concentrated and stable equity structure - As of the end of the reporting period, the company had 7,004 common shareholders[11] Top Ten Shareholders' Holdings | Shareholder Name | Number of Shares Held (shares) | Shareholding Ratio (%) | | :--- | :--- | :--- | | Wu Shiming | 36,787,960 | 34.66 | | Zhang Haiying | 6,324,325 | 5.96 | | Zhu Lianqing | 4,490,347 | 4.23 | | Beijing Sainuoheng Technology Center (Limited Partnership) | 2,948,400 | 2.78 | | Zhang Jiaxuan | 2,902,162 | 2.73 | - Wu Tong, daughter of the company's Chairman Wu Shiming, and Beijing Sainuoheng, an employee stock ownership platform effectively controlled by him, are both among the company's top ten shareholders, indicating related party relationships or concerted actions[12] Other Important Matters During the reporting period, the company and its subsidiary Sainuoxide obtained four new software copyrights, primarily for fully automatic coagulation analyzers and dynamic erythrocyte sedimentation rate testing software, continuously strengthening technological R&D and intellectual property reserves - The company and its subsidiary acquired four new software copyrights during the reporting period, including SF-8300 Fully Automatic Coagulation Analyzer Software V1.0.2, SD-100 Dynamic Erythrocyte Sedimentation Rate and Packed Cell Volume Testing Software V1.13, SD-1000 Dynamic Erythrocyte Sedimentation Rate and Packed Cell Volume Testing Software V1.0, and SF-400 Semi-Automatic Coagulation Testing Software V1.0.20[13][14] Financial Statement Analysis This section provides an in-depth analysis of the company's consolidated financial statements, including balance sheet, income statement, and cash flow, alongside details on recent accounting standard changes Consolidated Financial Statement Analysis The company maintains a healthy overall financial position, with significant increases in construction in progress indicating expansion, double-digit revenue and profit growth in the first three quarters despite rising costs, and stable operating cash flow alongside increased investment outflows for project construction Consolidated Balance Sheet As of September 30, 2023, total assets reached 1.645 billion yuan, growing 2.06% from the year-start, with cash and cash equivalents at 1.267 billion yuan and construction in progress increasing significantly, while total liabilities decreased by 31.13% to a 4.5% asset-liability ratio, indicating a very robust financial structure Key Consolidated Balance Sheet Item Changes | Item | Sept 30, 2023 (billion yuan) | Dec 31, 2022 (billion yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 1.267 | 1.309 | -3.25% | | Construction in Progress | 0.197 | 0.142 | 38.26% | | Total Assets | 1.645 | 1.612 | 2.06% | | Accounts Payable | 0.030 | 0.044 | -32.53% | | Total Liabilities | 0.074 | 0.107 | -31.13% | | Equity Attributable to Owners of the Parent Company | 1.571 | 1.505 | 4.43% | Consolidated Income Statement In the first three quarters of 2023, the company achieved 204.27 million yuan in operating revenue, up 24.37%, and 87.82 million yuan in net profit attributable to the parent, up 12.27%, with profit growth lagging revenue due to increased operating costs, selling expenses, and R&D expenses Key Consolidated Income Statement Items (Q1-Q3 2023 vs Q1-Q3 2022) | Item | Q1-Q3 2023 (million yuan) | Q1-Q3 2022 (million yuan) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 204.27 | 164.25 | 24.37% | | Operating Cost | 75.07 | 61.69 | 21.69% | | Selling Expenses | 28.76 | 22.63 | 27.11% | | R&D Expenses | 13.91 | 12.56 | 10.78% | | Operating Profit | 101.39 | 86.64 | 17.02% | | Net Profit Attributable to Parent Company Shareholders | 87.82 | 78.23 | 12.27% | Consolidated Cash Flow Statement In the first three quarters of 2023, net cash flow from operating activities was 61.15 million yuan, a slight 2.92% decrease, indicating stable cash generation, while net cash outflow from investing activities was 67.78 million yuan for long-term asset acquisition, and financing activities saw a 22.10 million yuan net outflow primarily due to dividend distribution Consolidated Cash Flow Statement Summary (Q1-Q3 2023 vs Q1-Q3 2022) | Item | Q1-Q3 2023 (million yuan) | Q1-Q3 2022 (million yuan) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 61.15 | 62.99 | | Net Cash Flow from Investing Activities | -67.78 | -79.37 | | Net Cash Flow from Financing Activities | -22.10 | -23.13 | | Net Increase in Cash and Cash Equivalents | -26.75 | -31.87 | Changes in Accounting Standards and Adjustments Effective January 1, 2023, the company adopted "Interpretation No. 16 of Accounting Standards for Business Enterprises" regarding deferred income tax from single transactions, leading to a retrospective adjustment that increased deferred tax assets and liabilities at the beginning of the period without impacting total shareholders' equity - Effective January 1, 2023, the company adopted the accounting treatment for deferred income tax related to assets and liabilities arising from single transactions, as stipulated in "Interpretation No. 16 of Accounting Standards for Business Enterprises," and retrospectively adjusted its opening financial statements[32] - This accounting standard change resulted in a simultaneous increase of 221,700.69 yuan in deferred tax assets and deferred tax liabilities in the consolidated financial statements as of January 1, 2023, with no impact on total shareholders' equity[33][35][36]