Damon(SH:688360)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥307,362,713.84, a decrease of 6.34% compared to the same period last year[5] - Net profit attributable to shareholders was ¥24,709,311.96, an increase of 9.38% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥23,087,258.35, up 10.17% from the previous year[5] - Total revenue for the first three quarters of 2023 was CNY 930,847,676.22, a decrease of 4.5% compared to CNY 970,006,003.50 in the same period of 2022[19] - Net profit for Q3 2023 was CNY 72,110,063.40, an increase of 4.0% from CNY 69,297,942.28 in Q3 2022[20] - The total comprehensive income for Q3 2023 was CNY 72,263,024.41, compared to CNY 69,412,517.89 in Q3 2022, reflecting an increase of 2.5%[21] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,832,258,935.63, reflecting a growth of 6.27% compared to the end of the previous year[6] - The company's total assets as of Q3 2023 amounted to CNY 1,832,258,935.63, compared to CNY 1,724,112,025.95 in Q3 2022, representing a growth of 6.3%[17] - Total liabilities increased to CNY 781,548,002.60 in Q3 2023 from CNY 730,332,072.62 in Q3 2022, marking a rise of 7.0%[17] - The total current assets decreased to ¥1,340,357,712.98 from ¥1,373,265,047.26, a decline of about 2.4%[15] - The company’s total non-current assets amounted to CNY 491,901,222.65 in Q3 2023, an increase from CNY 350,846,978.69 in Q3 2022, representing a growth of 40.2%[16] Shareholder Information - The total equity attributable to shareholders was ¥1,046,391,480.76, up 5.29% from the previous year[6] - The company's equity attributable to shareholders reached CNY 1,046,391,480.76, up from CNY 993,779,953.33 in the previous year, indicating a growth of 5.3%[17] - The total number of common shareholders at the end of the reporting period is 7,387[11] - The largest shareholder, Huzhou Dema Investment Consulting Co., Ltd., holds 48,024,174 shares, accounting for 40.04% of total shares[11] Cash Flow - The cash flow from operating activities showed a significant decline of 33.76% due to seasonal variations in product sales collection[9] - Net cash flow from operating activities for the first three quarters of 2023 was CNY 28,109,720.28, down 33.93% from CNY 42,438,606.85 in the same period of 2022[22] - Total cash inflow from investment activities increased to CNY 384,486,490.34 in Q3 2023, compared to CNY 319,059,875.21 in Q3 2022, marking a growth of approximately 20.54%[23] - Cash flow from financing activities resulted in a net outflow of CNY 13,064,699.80 in Q3 2023, compared to a net inflow of CNY 6,244,514.89 in Q3 2022[23] - The ending balance of cash and cash equivalents as of Q3 2023 was CNY 260,644,473.22, down from CNY 332,373,833.46 at the end of Q3 2022, a decrease of approximately 21.63%[23] Expenses - Research and development expenses amounted to ¥19,109,057.94, accounting for 6.22% of operating revenue, which is an increase of 0.26 percentage points[6] - Research and development expenses for Q3 2023 were CNY 51,891,924.89, a decrease of 6.7% compared to CNY 55,356,704.84 in Q3 2022[20] - The company reported a decrease in financial expenses to CNY 872,502.55 in Q3 2023 from CNY 17,057,769.99 in Q3 2022, a significant reduction of 94.9%[20] Other Financial Metrics - The basic earnings per share for the quarter was ¥0.21, showing a year-on-year increase of 10.53%[6] - Basic earnings per share for Q3 2023 were CNY 0.61, up from CNY 0.58 in Q3 2022, reflecting a growth of approximately 5.17%[22] - The company received government subsidies amounting to ¥1,246,429.60 during the reporting period[8] - The company reported a total of ¥1,622,053.61 in non-recurring gains for the period[9] - Cash received from sales of goods and services for the first three quarters of 2023 was CNY 768,204,155.21, down 7.95% from CNY 834,702,809.82 in the same period of 2022[22] - Total cash outflow from operating activities was CNY 770,596,362.69 in Q3 2023, a decrease of 7.30% compared to CNY 831,234,784.82 in Q3 2022[22] - Cash received from investment income was CNY 1,450,915.84 in Q3 2023, down from CNY 1,843,978.49 in Q3 2022, reflecting a decline of approximately 21.31%[23]