工大高科(688367) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥39,945,720.33, representing a decrease of 4.52% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was ¥2,231,462.12, down 73.99% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥1,386,578.23, a decline of 81.38% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2023 was CNY 127,220,315.97, a decrease of 6.5% compared to CNY 136,676,257.38 in the same period of 2022[20]. - Net profit for the third quarter of 2023 was CNY 10,451,519.45, a decline of 56.4% compared to CNY 24,014,633.85 in the same quarter of 2022[21][22]. - Basic and diluted earnings per share for the third quarter were both CNY 0.12, down from CNY 0.28 in the same period last year[23]. Research and Development - The total R&D investment for Q3 2023 was ¥6,258,744.89, an increase of 24.08% year-on-year, accounting for 15.67% of operating revenue[5]. - The company is focusing on technology and product innovation, leading to increased R&D expenses and the recruitment of specialized talent[9]. - Research and development expenses increased to CNY 14,558,568.40, up 23.9% from CNY 11,782,611.00 year-on-year[21]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥1,229,117.79, indicating a negative cash flow situation[4]. - Cash flow from operating activities for the first three quarters was negative CNY 1,229,117.79, an improvement from negative CNY 28,458,516.63 in the same period of 2022[23]. - The company reported a total cash inflow from operating activities of CNY 188,658,442.99, compared to CNY 122,559,189.69 in the previous year[23]. - The net cash flow from investment activities was -$8,195,885.16, a significant decrease compared to $47,805,594.41 in the previous year[24]. - The cash and cash equivalents at the end of the period were $49,253,567.64, down from $140,941,602.49 year-over-year[24]. - The company experienced a net decrease in cash and cash equivalents of -$26,860,860.05 compared to an increase of $2,262,766.67 in the previous year[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥762,295,583.60, a decrease of 6.19% from the end of the previous year[5]. - Current assets totaled RMB 615,476,120.85, down from RMB 666,625,909.88, indicating a decrease of about 7.7%[14]. - The company’s total liabilities decreased to RMB 197,953,829.13 from RMB 240,375,705.78, reflecting a decrease of approximately 17.6%[16]. - Total liabilities decreased to CNY 198,036,829.13 from CNY 243,483,864.25, reflecting a reduction of 18.7%[21]. - The company’s equity position remains strong, with total equity reflecting the changes in assets and liabilities[16]. Inventory and Receivables - Accounts receivable decreased to RMB 253,102,670.63 from RMB 293,583,833.84, a reduction of about 13.8%[14]. - Inventory increased to RMB 83,308,101.71 from RMB 62,681,443.47, marking an increase of approximately 33.0%[14]. - The company reported a significant reduction in accounts payable, which decreased to RMB 20,937,230.39 from RMB 47,698,462.03, a drop of approximately 56.1%[16].