Newway Photomask(SH:688401)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥173,781,081.72, a decrease of 12.74% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥37,715,586.45, down 3.43% year-on-year, while the net profit excluding non-recurring items was ¥33,135,074.70, a decrease of 9.38%[5]. - The basic and diluted earnings per share were both ¥0.20, reflecting a decline of 17.15% compared to the previous year[6]. - Total revenue for the first three quarters of 2023 was CNY 481,766,980.20, a decrease of 1.3% compared to CNY 491,409,733.68 in the same period of 2022[21]. - Total operating costs for the first three quarters of 2023 were CNY 376,499,975.74, down 7.7% from CNY 407,794,698.13 in 2022[21]. - Net profit for the third quarter of 2023 was CNY 104,704,505.83, an increase of 37.5% compared to CNY 76,216,258.90 in the same quarter of 2022[22]. - Operating profit for the third quarter of 2023 was CNY 119,751,832.70, up 33.7% from CNY 89,554,037.48 in the same quarter of 2022[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,068,601,117.20, an increase of 6.78% from the end of the previous year[6]. - As of September 30, 2023, the company's total current assets increased to CNY 1,120,819,479.97 from CNY 823,358,016.93 at the end of 2022, representing a growth of approximately 36.2%[17]. - The total non-current assets amounted to CNY 720,506,385.18, down from CNY 886,844,932.80, indicating a decrease of approximately 18.7%[17]. - The total liabilities as of Q3 2023 were ¥1,937,255,983.42, slightly down from ¥1,937,349,337.69 at the beginning of the year, indicating stability in the company's financial position[31]. - Total liabilities as of the end of the third quarter of 2023 were CNY 598,765,501.76, an increase of 10.2% from CNY 543,590,197.79 at the end of 2022[19]. Cash Flow - The net cash flow from operating activities showed a significant decline of 42.44% due to the previous period's large VAT refund[10]. - Cash inflow from operating activities for the first three quarters of 2023 reached ¥570,739,489.76, an increase of 4.3% compared to ¥544,712,888.15 in the same period of 2022[26]. - Net cash outflow from investment activities was ¥411,493,673.16 in Q3 2023, compared to a net outflow of ¥89,890,130.94 in Q3 2022, indicating a significant increase in investment expenditures[27]. - Net cash flow from financing activities in Q3 2023 was ¥33,448,531.86, a decrease of 95.5% from ¥745,030,661.84 in Q3 2022, reflecting reduced financing activities[28]. - The total cash and cash equivalents at the end of Q3 2023 was ¥346,117,978.13, down from ¥990,007,800.48 at the end of Q3 2022, indicating a decrease of 65.0%[28]. Research and Development - Research and development expenses totaled ¥8,370,794.85, representing 4.82% of operating revenue, an increase of 0.57 percentage points[6]. - Research and development expenses for the third quarter of 2023 were CNY 25,043,834.48, an increase of 13.3% compared to CNY 22,088,083.09 in the same quarter of 2022[22]. - The company plans to continue focusing on R&D and market expansion strategies to enhance its competitive position in the industry[1]. Shareholder Information - The top shareholder, Du Wubing, holds 46,025,900 shares, accounting for 23.81% of the total shares[12]. - The company's equity attributable to shareholders was CNY 1,422,292,198.80, up 5.9% from CNY 1,343,284,163.50 at the end of 2022[19]. Other Information - The company has not disclosed any new product developments or technological advancements in this quarter[16]. - There are no significant mergers or acquisitions reported during this period[16]. - The company has not provided specific future guidance or market expansion strategies in the current report[16]. - The company implemented new accounting standards starting January 1, 2023, which may affect the financial reporting and comparisons with previous periods[29].