Nextool Technology (SH:688419)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥46,318,052.78, a decrease of 34.46% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥8,935,139.82, down 45.98% year-on-year[6]. - The net profit excluding non-recurring gains and losses decreased by 60.14% to ¥5,879,327.47 in Q3 2023[6]. - Basic earnings per share for Q3 2023 were ¥0.11, a decline of 59.25% compared to the previous year[6]. - Total operating revenue for the first three quarters of 2023 was CNY 136.23 million, a decrease of 36.3% compared to CNY 214.17 million in the same period of 2022[19]. - Net profit for Q3 2023 was CNY 31.97 million, a decline of 26.8% from CNY 43.73 million in Q3 2022[21]. - Operating profit for Q3 2023 was CNY 32.80 million, down 31.6% from CNY 47.92 million in Q3 2022[20]. - Basic earnings per share for Q3 2023 was CNY 0.39, down from CNY 0.71 in Q3 2022[22]. Cash Flow - Cash flow from operating activities increased significantly by 289.61% to ¥14,764,703.72[11]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 22.62 million, a significant improvement from a negative cash flow of CNY 3.36 million in the same period of 2022[23]. - Cash inflow from investment activities in Q3 2023 was CNY 556.82 million, compared to CNY 142.71 million in Q3 2022[23]. - Cash outflow from investment activities for the first three quarters of 2023 was CNY 961.82 million, significantly higher than CNY 154.06 million in the previous year[23]. - The company reported a net cash flow from financing activities of -CNY 22.57 million in Q3 2023, compared to a positive cash flow of CNY 4.91 million in Q3 2022[23]. - The net increase in cash and cash equivalents for Q3 2023 was -403,613,102.99, compared to -9,907,397.70 in the same period last year[24]. - The beginning cash and cash equivalents balance was 562,105,826.96, up from 73,127,098.12 year-over-year[24]. - The ending cash and cash equivalents balance stood at 158,492,723.97, compared to 63,219,700.42 in the previous year[24]. Research and Development - Total R&D expenditure reached ¥6,395,100.34, an increase of 62.86% year-on-year, representing 13.81% of operating revenue[6]. - The company plans to continue investing in R&D to enhance its product offerings despite the current market challenges[11]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,123,334,245.27, a slight decrease of 0.46% from the end of the previous year[6]. - The company's cash and cash equivalents decreased to ¥161,977,523.97 from ¥566,299,760.24 year-over-year[16]. - Total current assets slightly decreased to ¥1,036,113,429.59 from ¥1,044,000,494.03 year-over-year[16]. - Total liabilities decreased to ¥173,008,348.42 from ¥185,609,389.52 year-over-year[18]. - The company's total assets decreased to ¥1,123,334,245.27 from ¥1,128,569,082.49 year-over-year[18]. - The company's retained earnings increased to ¥155,442,056.10 from ¥148,075,852.22 year-over-year[18]. - The company reported a significant increase in contract liabilities to ¥67,416,095.91 from ¥29,602,983.85 year-over-year[17]. - The company has a total of 87,220,815.68 in non-current assets, up from 84,568,588.46 year-over-year[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 5,794[13]. - The top shareholder, Tongling Songbao Intelligent Equipment Co., Ltd., holds 12,059,644 shares, accounting for 14.71% of total shares[13]. Market Conditions - The decline in revenue and profit was primarily attributed to the overall downturn in the semiconductor industry[11]. - The company has not disclosed any new product or technology developments in the current report[15].