Sansec(SH:688489)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥132,626,548.87, representing a year-on-year increase of 70.30%[5] - Net profit attributable to shareholders for Q3 2023 was ¥29,558,845.43, up 90.88% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥23,804,578.34, an increase of 54.97% year-on-year[5] - Total operating revenue for the first three quarters of 2023 reached CNY 236,206,899.98, a significant increase of 37.4% compared to CNY 171,976,383.17 in the same period of 2022[18] - The net profit for Q3 2023 was CNY 44,624,598.90, an increase from CNY 29,795,006.31 in Q3 2022, representing a growth of approximately 49.8%[20] - The total comprehensive income for Q3 2023 was CNY 44,624,598.90, compared to CNY 29,795,006.31 in the same period last year, indicating a year-over-year increase of about 49.8%[21] Research and Development - Research and development expenses for Q3 2023 totaled ¥32,967,186.37, which is 85.30% higher than the same period last year[6] - The R&D expenditure accounted for 24.86% of operating revenue in Q3 2023, an increase of 2.01 percentage points year-on-year[6] - R&D investment totaled RMB 85.30 million for the current reporting period, reflecting the company's strong emphasis on research and development[11] - Year-to-date R&D investment reached RMB 45.65 million, primarily due to the acquisition of Guangzhou Jiangnan Keyou Technology Co., Ltd.[11] - Research and development expenses for the third quarter were CNY 69,742,299.42, compared to CNY 47,884,235.79 in the previous year, indicating a growth of 45.6%[19] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥2,059,405,446.98, reflecting a 4.35% increase from the end of the previous year[6] - Total assets as of the end of the third quarter were CNY 2,059,405,446.98, compared to CNY 1,973,514,340.83 at the end of the previous year, showing an increase of 4.3%[16] - Total liabilities increased to CNY 132,660,436.16 from CNY 90,029,840.08, marking a rise of 47.3%[16] - The company's total equity reached CNY 1,926,745,010.82, up from CNY 1,883,484,500.75, reflecting an increase of 2.3%[16] Cash Flow and Investments - The cash flow from operating activities showed significant improvement due to enhanced collection efforts, leading to a substantial increase in cash received from sales[10] - As of September 30, 2023, cash and cash equivalents amounted to RMB 1,193.66 million, down from RMB 1,470.92 million at the end of 2022, indicating a decrease of approximately 18.9%[14] - Cash inflows from operating activities for the first three quarters of 2023 totaled CNY 246,686,381.27, up from CNY 159,469,458.83 in the same period of 2022, marking an increase of approximately 54.6%[22] - The net cash flow from operating activities for Q3 2023 was CNY -13,650,577.04, an improvement from CNY -33,290,217.00 in Q3 2022[23] - The total cash outflow from investing activities for the first three quarters of 2023 was CNY 291,811,250.70, significantly higher than CNY 9,364,106.38 in the same period of 2022[23] Shareholder Information - The company reported a total of 6,668 common shareholders at the end of the reporting period[11] - The top ten shareholders collectively hold 70.56% of the company's shares, with the largest shareholder owning 20.80%[11] Market and Operational Developments - The company has expanded its market reach and increased its efforts in specific industries, contributing to revenue growth[10] - The company has successfully integrated the newly acquired Guangzhou Jiangnan Keyou Technology Co., Ltd. into its operations, enhancing its market capabilities[10] - The company has not disclosed any significant new product launches or technological advancements during this reporting period[13] - There are no significant mergers or acquisitions reported in the current quarter[13]