中微半导(688380) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥175,555,774.15, representing an increase of 87.35% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥32,468,133.24, a decrease of 226.59% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was -¥24,792,697.97, with a year-to-date total of -¥40,684,658.44, reflecting a decrease of 140.27%[6]. - The company experienced a significant decline in gross margin due to high inventory costs and a decrease in product prices, impacting overall revenue[6]. - The net profit attributable to shareholders for Q3 2023 was -226.59 million, primarily due to weak downstream demand and high inventory costs[11]. - The net profit attributable to shareholders from the beginning of the year to the end of the reporting period was -108.44 million, indicating a decline in sales price and gross profit despite a significant increase in product shipment volume[11]. - The total profit for Q3 2023 was CNY -12,096,820.65, down from CNY 70,259,245.50 in Q3 2022, reflecting a substantial decrease in overall financial performance[23]. - Basic and diluted earnings per share for Q3 2023 were both -¥0.08, a decrease of 214.29% compared to the previous year[6]. - Basic and diluted earnings per share for Q3 2023 were both CNY -0.01, compared to CNY 0.20 in the same period last year, reflecting a significant decline in earnings per share[24]. Research and Development - The total R&D investment for the quarter was ¥31,818,075.91, which accounted for 18.12% of operating revenue, an increase of 4.26 percentage points year-on-year[6]. - The company plans to continue increasing investment in new product research and development[11]. - Research and development expenses rose to CNY 87,129,575.33, an increase of 18.0% compared to CNY 73,812,722.50 in 2022[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,128,539,721.20, a decrease of 7.14% compared to the end of the previous year[6]. - The company's total assets decreased to CNY 3,128,539,721.20 from CNY 3,369,252,746.57, reflecting a decline of 7.1%[19]. - Current assets totaled CNY 2,883,121,838.58, down 8.0% from CNY 3,135,780,059.59 at the end of 2022[18]. - Total liabilities decreased to CNY 132,284,362.44 from CNY 181,251,300.69, a reduction of 27.0%[19]. - The company's equity attributable to shareholders decreased to CNY 2,996,255,358.76 from CNY 3,188,001,445.88, a decline of 6.0%[19]. Cash Flow - The company reported a cash flow from operating activities of -¥106,921,079.37 year-to-date, indicating ongoing financial challenges[6]. - Operating cash flow for the first nine months of 2023 was CNY -106,921,079.37, an improvement from CNY -298,931,594.18 in the same period of 2022[26]. - The company generated CNY 420,159,920.83 in cash from sales and services in the first nine months of 2023, up from CNY 393,719,718.23 in the same period of 2022, showing a growth of approximately 6.5%[25]. - The cash and cash equivalents at the end of Q3 2023 stood at CNY 672,141,315.88, down from CNY 1,659,391,452.88 at the end of Q3 2022, indicating a decrease of about 59.5%[27]. - The company recorded cash inflows from investment activities of CNY 2,144,631,908.70 in the first nine months of 2023, compared to CNY 1,075,298,346.53 in the same period of 2022, representing an increase of approximately 99.5%[26]. - The total cash outflow from financing activities in Q3 2023 was CNY 190,693,645.60, compared to CNY 37,447,321.26 in Q3 2022, indicating a significant increase in cash outflows related to financing[27]. Inventory and Costs - Total operating costs increased to CNY 490,829,291.83, up 26.5% from CNY 387,713,769.40 in the previous year[21]. - Inventory increased to CNY 575,602,104.73, up 7.9% from CNY 534,629,108.51[18]. - The company reported a tax expense of CNY -6,168,946.38 in Q3 2023, compared to CNY 792.60 in Q3 2022, highlighting a substantial increase in tax-related losses[23].