SBT(SH:688392)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥107,745,383.51, a decrease of 24.52% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥13,039,188.47, down 58.22% year-on-year[5] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥5,209,967.50, a decline of 82.56% compared to the previous year[5] - Basic earnings per share for Q3 2023 were ¥0.07, representing a decrease of 86.27% year-on-year[6] - Total operating revenue for the first three quarters of 2023 reached ¥455,406,631.47, an increase of 17.3% compared to ¥388,035,680.68 in the same period of 2022[19] - Net profit for the first three quarters of 2023 was ¥73,316,258.00, a decrease of 13.3% from ¥84,652,911.91 in the same period of 2022[20] - Earnings per share for the first three quarters of 2023 were ¥0.36, down from ¥1.39 in the same period of 2022[20] - The company reported a total comprehensive income of ¥73,316,258.00 for the first three quarters of 2023, down from ¥84,652,911.91 in the same period of 2022[20] Research and Development - Total R&D investment for Q3 2023 was ¥32,136,572.59, an increase of 56.83% compared to the same period last year[9] - R&D investment accounted for 29.83% of operating revenue in Q3 2023, an increase of 15.48 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 totaled ¥86,191,784.57, an increase of 66.7% from ¥51,717,708.37 in the same period of 2022[19] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,148,908,736.44, a slight increase of 0.27% from the end of the previous year[6] - The total liabilities increased to ¥1,018,955,000.00, compared to ¥1,018,000,000.00 at the end of 2022, showing a slight increase[15] - The total liabilities as of the end of the third quarter of 2023 were ¥389,219,816.75, slightly up from ¥388,793,016.09 at the end of 2022[16] - The total equity attributable to shareholders at the end of Q3 2023 was ¥1,760,194,460.60, an increase of 0.45% from the previous year-end[6] - The total equity attributable to shareholders reached ¥1,760,194,460.60, an increase from ¥1,752,307,252.77 in the previous year[16] Cash Flow - The company reported a net cash flow from operating activities of ¥4,958,105.26 for the year-to-date[6] - Cash flow from operating activities generated a net amount of ¥4,958,105.26, compared to a net outflow of ¥61,663,938.48 in the previous year[23] - Total cash outflow from investment activities was $262,975,433.41, an increase from $159,504,713.78 in the previous year, resulting in a net cash flow from investment activities of -$251,079,370.98 compared to -$157,822,070.09 last year[24] - Cash inflow from financing activities totaled $197,727,652.58, significantly lower than $1,500,224,604.03 in the same period last year, with a net cash flow from financing activities of $775,049.53 compared to $1,444,155,096.90 previously[24] - The net increase in cash and cash equivalents was -$245,255,483.82, a stark contrast to the increase of $1,224,862,289.14 in the prior year[24] - The ending balance of cash and cash equivalents was $713,494,837.46, down from $1,320,884,777.09 at the end of the previous year[24] Shareholder Information - The number of ordinary shares outstanding at the end of the reporting period was 4,234,000, with a total of 4,234 shareholders[11] - The top shareholder, Jiangsu Yangtai Enterprise Management Co., Ltd., holds 19.02% of the shares, totaling 21,834,053 shares[11] Future Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[13] Other Information - The company experienced a foreign exchange impact of $90,732.37 on cash and cash equivalents, compared to $193,200.81 last year[24] - The company did not apply new accounting standards or interpretations for the current year[24] - The report was issued by the board of Shanghai Jiao Cheng Ultrasonic Technology Co., Ltd. on October 27, 2023[25]