SINOHYTEC(SH:688339)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥139.84 million, representing a 15.13% increase compared to ¥121.46 million in the same period last year[6]. - The net profit attributable to shareholders was a loss of approximately ¥116.54 million, compared to a loss of ¥34.57 million in Q3 2022, indicating a significant increase in losses[6]. - The basic earnings per share for Q3 2023 was -¥0.51, a decrease from -¥0.35 in the same quarter last year[7]. - Total operating revenue for the first three quarters of 2023 was CNY 293,356,721.02, a decrease of 24.9% compared to CNY 390,607,382.30 in the same period of 2022[23]. - The net loss for the first three quarters of 2023 was CNY 243,504,289.69, compared to a net loss of CNY 124,615,248.81 in the same period of 2022[24]. - The company's basic and diluted earnings per share for the first three quarters of 2023 were both CNY -1.18, compared to CNY -0.68 in the previous year[25]. Research and Development - Research and development expenses totaled approximately ¥41.61 million, a decrease of 19.50% from ¥51.69 million in Q3 2022, accounting for 29.75% of operating revenue[7]. - Research and development expenses for the first three quarters of 2023 amounted to CNY 105,716,539.49, an increase from CNY 85,924,159.00 in the same period of 2022[23]. Assets and Liabilities - Total assets increased by 24.57% to approximately ¥4.71 billion compared to ¥3.78 billion at the end of the previous year[7]. - The equity attributable to shareholders increased by 31.28% to approximately ¥3.07 billion from ¥2.34 billion at the end of the previous year[7]. - The company's total current assets as of September 30, 2023, amount to ¥3,110,235,405.07, an increase from ¥2,261,033,759.84 in the previous year[17]. - The total liabilities as of the end of the third quarter of 2023 were CNY 1,287,276,928.51, up from CNY 1,040,039,059.76 at the end of the previous year[20]. Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately -¥403.49 million, compared to -¥215.38 million in the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 152,631,720.23, significantly lower than CNY 372,162,546.82 in the same period of 2022[26]. - The net cash flow from operating activities for Q3 2023 was -403,486,173.16, compared to -215,384,571.17 in Q3 2022, indicating a decline in operational cash flow[27]. - The net cash flow from investment activities was -741,728,817.00, contrasting with a positive cash flow of 9,287,417.56 in Q3 2022, reflecting increased investment expenditures[27]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,846[14]. - The largest shareholder, Zhang Guoqiang, holds 26,031,764 shares, accounting for 15.73% of total shares[14]. - The number of A-share shareholders is 14,834, while H-share shareholders total 12[14]. Operational Costs - The company reported a significant increase in sales and management expenses, which rose by approximately ¥65.25 million year-on-year due to expanded operations and increased depreciation costs[10]. - The company reported a significant increase in sales expenses, which reached CNY 56,619,505.64 in the first three quarters of 2023, compared to CNY 46,968,124.46 in the previous year[23]. - The company paid 238,344,865.33 in employee compensation, an increase from 195,029,863.77 in the same quarter last year[27]. Financing Activities - The company completed its listing on the Hong Kong Stock Exchange, raising approximately HKD 1.022 billion in net funds[10]. - Total cash inflow from financing activities reached 1,372,950,993.59, significantly higher than 276,271,174.38 in the same quarter last year[28]. - Total cash outflow from financing activities was 231,288,603.27, compared to 166,329,892.83 in Q3 2022, indicating higher financing costs[28].