芯原股份(688521) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was approximately ¥580.89 million, a decrease of 13.51% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was approximately -¥156.44 million, representing a decline of 971.44% year-over-year[4]. - For the first three quarters of 2023, the company achieved a total revenue of approximately ¥1.77 billion, down 6.34% year-over-year, with domestic sales accounting for 78.03% of total revenue[6]. - The net profit attributable to shareholders of the listed company for the current reporting period decreased by 971.44% compared to the previous period, primarily due to a decline in revenue from intellectual property licensing[12]. - The net profit attributable to shareholders for the year-to-date period decreased by 509.53%, influenced by factors such as a decrease in operating income[12]. - The basic earnings per share for the current reporting period decreased by 875.00%, reflecting increased R&D expenses and other costs[12]. - The diluted earnings per share for the year-to-date period decreased by 485.71%[12]. - The net profit for Q3 2023 was a loss of CNY 134,218,721.31, compared to a profit of CNY 32,773,859.66 in Q3 2022[24]. - The total comprehensive income for Q3 2023 was -136,001,299.05 CNY, down from 47,501,162.63 CNY year-over-year[26]. - Basic and diluted earnings per share for Q3 2023 were both -0.27 CNY, compared to 0.07 CNY in the previous year[26]. Research and Development - Research and development expenses for Q3 2023 totaled approximately ¥264.56 million, accounting for 45.54% of revenue, an increase of 14.00 percentage points year-over-year[5]. - The company continues to focus on R&D investment, which has impacted its profitability[12]. - Research and development expenses increased to CNY 699,484,459.73 in the first three quarters of 2023, up from CNY 591,579,206.59 in 2022, reflecting a growth of 18.26%[22]. Cash Flow and Liquidity - The company reported a net cash flow from operating activities of approximately ¥79.27 million for Q3 2023, compared to -¥236.22 million in the same period last year[5]. - The net cash flow from operating activities for the current reporting period is not applicable, mainly due to a decrease in cash payments for purchases and services[12]. - Cash inflows from operating activities for the first three quarters of 2023 were 1,701,591,987.86 CNY, a decrease from 2,062,882,854.21 CNY in the same period of 2022[28]. - Cash outflows from operating activities totaled 1,845,784,916.52 CNY in Q3 2023, compared to 2,369,486,963.96 CNY in Q3 2022[28]. - The net cash flow from operating activities for Q3 2023 was -144,192,928.66 CNY, an improvement from -306,604,109.75 CNY in Q3 2022[28]. - The net increase in cash and cash equivalents for Q3 2023 was 47,888,061.68 CNY, contrasting with a decrease of -388,223,274.75 CNY in Q3 2022[30]. Assets and Liabilities - Total assets as of Q3 2023 reached CNY 4,601,800,042.48, an increase of 3.95% from CNY 4,426,160,135.72 in the previous year[21]. - The total liabilities for Q3 2023 were CNY 1,712,387,267.47, up from CNY 1,518,939,764.15 in Q3 2022, indicating a growth of 12.73%[20]. - The company's long-term borrowings increased to CNY 611,901,790.85 from CNY 348,733,612.02, reflecting a growth of 75.51%[20]. - The total equity attributable to shareholders was CNY 2,889,412,775.01, a slight decrease from CNY 2,907,220,371.57 in the previous year[21]. Revenue Streams - The semiconductor IP licensing revenue for Q3 2023 was approximately ¥93.63 million, a decrease of 51.60% year-over-year[8]. - The one-stop chip customization business generated revenue of approximately ¥32.62 million in Q3 2023, reflecting a growth of 15.18% year-over-year[8]. - Operating costs for the first three quarters of 2023 amounted to CNY 1,871,531,586.08, an increase of 1.04% from CNY 1,852,210,190.31 in 2022[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,550, with the top ten shareholders holding significant stakes[13]. - VeriSilicon Limited holds 75,678,399 shares, representing 15.15% of the total shares[13]. Cash and Cash Equivalents - The cash and cash equivalents as of September 30, 2023, amounted to approximately RMB 813.29 million, an increase from RMB 765.38 million at the end of 2022[18]. - The company's cash and cash equivalents decreased to CNY 5,322,233.27 from CNY 2,962,271.02, showing a significant increase of 79.93%[19].