CRTC(SH:688459)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 151,593,958.78, a decrease of 13.87% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 28,574,552.49, down 5.21% year-on-year[6]. - The basic earnings per share for Q3 2023 was CNY 0.0595, an increase of 267.28% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2023 was RMB 404,342,087.19, a slight decrease of 0.2% compared to RMB 407,154,355.46 in the same period of 2022[21]. - Total operating revenue for Q3 2023 was ¥404,342,087.19, a decrease of 0.2% compared to ¥407,154,355.46 in Q3 2022[22]. - Net profit for Q3 2023 was ¥30,224,502.56, compared to a net loss of ¥2,741,613.14 in Q3 2022, indicating a significant turnaround[23]. - Total profit for Q3 2023 was ¥38,471,472.85, compared to ¥3,457,270.19 in Q3 2022, showing substantial growth[23]. - The company reported a total comprehensive income of ¥30,280,689.59 for Q3 2023, compared to a loss of ¥2,655,047.80 in the same quarter last year[24]. Cash Flow and Assets - The company reported a net cash flow from operating activities of CNY 32,263,385.37, a decrease of 13,640,089.24 compared to the previous year[6]. - The net cash flow from operating activities for Q3 2023 was ¥32,263,385.37, a recovery from a negative cash flow of ¥11,634,353.41 in Q3 2022[26]. - The company's cash and cash equivalents stood at RMB 2,497,888,143.21, showing a marginal decrease from RMB 2,499,059,138.91 at the end of 2022[17]. - The ending balance of cash and cash equivalents for Q3 2023 was 2,473,855,893.21, down from 2,712,420,075.03 in the previous year[27]. - The beginning balance of cash and cash equivalents for Q3 2023 was 2,488,722,281.00, compared to 1,258,375,509.49 in the same period last year[27]. - Total assets at the end of Q3 2023 were CNY 3,749,926,680.05, a decrease of 3.09% from the end of the previous year[6]. - As of September 30, 2023, total current assets amounted to RMB 3,423,961,338.26, down from RMB 3,534,605,850.69 at the end of 2022, representing a decrease of approximately 3.1%[17]. - The total assets as of September 30, 2023, were RMB 3,749,926,680.05, down from RMB 3,869,671,690.37, representing a decrease of about 3.1%[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,227[13]. - The top ten shareholders held a significant portion of shares, with the largest shareholder holding 20,844,031 shares, accounting for 4.34% of total shares[14]. Research and Development - Research and development expenses totaled CNY 20,494,941.5, representing 11.23% of operating revenue, a decrease from 13.35% in the previous year[6]. - Research and development expenses for Q3 2023 were ¥50,040,492.47, up from ¥46,986,778.04 in Q3 2022, reflecting a focus on innovation[22]. Profitability and Cost Management - The net profit attributable to shareholders of the listed company increased by 389.60% in the current reporting period, primarily due to increased interest income from deposits[11]. - The net profit attributable to shareholders from the beginning of the year to the end of the reporting period showed an increase, driven by enhanced product structure optimization and cost control, leading to improved gross profit margin[11]. - The net profit excluding non-recurring gains and losses for the current reporting period increased by 760.82%[11]. - The company is focusing on product structure optimization and cost control to enhance profitability in the future[11]. Future Plans and Strategies - The company has plans for market expansion and potential mergers and acquisitions to strengthen its market position[11]. - The company is investing in new product and technology development to drive future growth[11]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]. Liabilities and Equity - Total liabilities decreased to RMB 401,907,363.23 from RMB 513,533,063.14, a reduction of approximately 21.8%[19]. - The company's equity attributable to shareholders was RMB 3,250,257,467.42, slightly down from RMB 3,259,145,677.84[19]. Other Information - The company completed acquisitions of Guotie Printing Co., Ltd. and Guanghan Kofeng Electronics Co., Ltd. in October 2022, which were included in the consolidated financial statements[7]. - The company received government subsidies amounting to CNY 524,998.55 in Q3 2023, totaling CNY 2,997,784.80 for the year-to-date[9]. - The company reported a decrease in contract liabilities to RMB 89,595,908.22 from RMB 74,775,191.03, reflecting an increase of approximately 19.8%[18]. - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[16]. - The company did not apply new accounting standards or interpretations for the first time in 2023[27].