GRIPM(SH:688456)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥738,386,115.60, representing a year-on-year increase of 29.78%[5] - The net profit attributable to shareholders for Q3 2023 was ¥8,448,428.39, an increase of 45.72% compared to the same period last year[5] - The net profit for the year-to-date period was ¥38,165,333.30, showing a decrease of 0.51% compared to the previous year[5] - Total revenue for the first three quarters of 2023 was CNY 2,006,702,479.58, a decrease of 5.95% compared to CNY 2,133,981,593.75 in the same period of 2022[22] - Net profit for the third quarter of 2023 was CNY 39,589,995.42, slightly up from CNY 39,379,244.15 in the same quarter of 2022[23] - Total comprehensive income for the third quarter of 2023 reached CNY 43,486,680.42, an increase from CNY 33,701,817.48 in the same period of 2022, representing a growth of approximately 29.5%[24] Research and Development - The total R&D investment for Q3 2023 was ¥33,369,166.52, which accounted for 4.52% of operating revenue, an increase of 0.03 percentage points year-on-year[6] - The company plans to continue increasing R&D investment to develop new products and improve existing technologies, aiming to enhance competitiveness[11] - Research and development expenses increased to CNY 78,292,611.59 in the first three quarters of 2023, compared to CNY 65,882,014.60 in 2022, marking a rise of 18.66%[22] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[15] Cash Flow and Liquidity - The cash flow from operating activities for Q3 2023 was negative at -¥8,857,092.35, a decrease of 686.50% year-on-year[6] - Net cash flow from operating activities for the first three quarters of 2023 was CNY -46,766,330.01, an improvement compared to CNY -61,371,041.11 in the same period of 2022[26] - Cash inflow from operating activities totaled CNY 1,684,679,133.71, down from CNY 1,781,238,992.41 in the previous year, indicating a decrease of about 5.4%[26] - Cash outflow from operating activities was CNY 1,731,445,463.72, compared to CNY 1,842,610,033.52 in 2022, reflecting a reduction of approximately 6.0%[26] - The net increase in cash and cash equivalents for the period was CNY -82,638,795.97, worsening from CNY -69,704,249.67 in 2022[27] - The total cash and cash equivalents at the end of the period stood at CNY 163,166,414.77, up from CNY 106,797,928.15 in the previous year[27] Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥1,631,927,624.77, reflecting a 12.00% increase from the end of the previous year[6] - Total liabilities increased to CNY 473,494,220.64 in the third quarter of 2023, compared to CNY 324,506,860.61 in the same period of 2022[20] - The company's total equity reached CNY 1,158,433,404.13, up from CNY 1,132,528,776.20 in the previous year[21] Shareholder Information - The total number of shareholders includes major state-owned and private investors, with the largest shareholder holding 36.31% of the shares[15] - The total number of shares held by the top ten unrestricted shareholders reflects a stable ownership structure, with minor fluctuations in shareholding percentages[16] Financial Health and Monitoring - The company has highlighted the importance of monitoring its operational performance and financial health in the current market environment[17] - The financial report indicates that the company is not subject to any audit opinions, suggesting a straightforward financial status for the reporting period[17] Other Financial Metrics - The basic earnings per share for Q3 2023 were ¥0.09, a 42.05% increase compared to the same period last year[6] - The company reported a decrease in financial expenses, with a net financial cost of CNY 2,511,522.25 in 2023 compared to a gain of CNY 2,725,189.66 in 2022[22] - The company recorded a significant increase in other income, which rose to CNY 20,153,252.84 in the first three quarters of 2023 from CNY 4,019,517.27 in 2022[22] - The company experienced a significant increase in sales volume, which contributed to the rise in net profit for Q3 2023[11] - The company reported a decrease in sales revenue from CNY 1,728,459,878.91 in the first three quarters of 2022 to CNY 1,643,413,524.61 in 2023, reflecting a decline of approximately 4.9%[25]