Financial Performance - The company's operating revenue for Q3 2023 was ¥79,075,080.88, representing a year-on-year increase of 13.48%[4] - Net profit attributable to shareholders for the same period was ¥20,375,653.66, up 7.24% year-on-year[4] - The net profit excluding non-recurring gains and losses decreased by 14.49% to ¥15,725,456.57 compared to the previous year[4] - Total operating revenue for the first three quarters of 2023 reached ¥223,178,577.70, an increase of 10.87% compared to ¥201,329,008.52 in the same period of 2022[17] - Net profit for the first three quarters of 2023 was ¥60,677,264.26, representing a 5.66% increase from ¥57,566,103.34 in the same period of 2022[18] - Total profit for the first three quarters of 2023 was ¥66,601,892.44, compared to ¥63,653,513.17 in the same period of 2022, reflecting a growth of 4.56%[18] Research and Development - Research and development expenses totaled ¥13,260,239.10, an increase of 52.01% year-on-year, accounting for 16.77% of operating revenue[5] - Research and development expenses rose to ¥31,917,926.09, a 24.06% increase from ¥25,721,653.04 in the previous year[17] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,918,069,518.74, reflecting a significant increase of 163.12% compared to the end of the previous year[5] - The company's total assets reached RMB 1,918,069,518.74, a significant increase from RMB 728,983,336.18 at the end of 2022, reflecting a growth of approximately 162.0%[13][15] - The company's total liabilities stood at RMB 184,105,882.17, slightly up from RMB 182,793,902.26, showing a marginal increase of 0.7%[15] - The company's inventory increased to RMB 167,446,673.78 from RMB 138,222,583.58, reflecting a growth of about 21.1%[13] Equity - Equity attributable to shareholders increased by 217.47% to ¥1,733,963,636.57, primarily due to funds raised from the initial public offering and increased operating profits[8] - The equity attributable to shareholders rose to RMB 1,733,963,636.57 from RMB 546,189,433.92, marking an increase of approximately 216.5%[15] Earnings Per Share - The basic earnings per share for Q3 2023 was ¥0.15, down 21.05% year-on-year[5] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.51, down from ¥0.58 in the same quarter of 2022[19] Cash Flow - The company reported a cash flow from operating activities net amount of -¥48,374,903.69 for the year-to-date period[4] - Cash flow from operating activities for the first three quarters of 2023 was ¥107,836,693.85, an increase from ¥100,855,647.47 in the same period of 2022[21] - The net cash flow from operating activities was -48,374,903.69, compared to -14,659,636.29 in the previous year, indicating a decline of approximately 230%[22] - Total cash inflow from investment activities reached 1,032,850,908.77, significantly up from 510,548,518.55 year-over-year[22] - The net cash flow from investment activities was -468,394,451.76, contrasting with a positive cash flow of 1,266,032.72 in the same quarter last year[22] - Cash inflow from financing activities totaled 1,196,425,240.00, a substantial increase from 10,000,000.00 in the previous year[23] - The net cash flow from financing activities was 1,124,040,399.53, compared to -18,433,147.25 in the prior year, showing a significant turnaround[23] - The net increase in cash and cash equivalents was 607,343,859.08, compared to a decrease of 31,655,954.00 in the same quarter last year[23] - The ending balance of cash and cash equivalents was 738,868,351.79, up from 17,684,345.72 year-over-year[23] Expenses - Total operating costs increased to ¥159,429,082.78, up 20.83% from ¥131,962,454.86 in the previous year[17] - The company reported a decrease in tax expenses to ¥5,924,628.18 from ¥6,087,409.83 in the previous year[18] - Other income increased significantly to ¥7,878,566.51 from ¥1,015,386.95 in the same period of 2022[17] - The company experienced a foreign exchange loss of ¥7,299,693.86, compared to a loss of ¥4,948,149.63 in the previous year[17] Cash Outflows - Cash outflow for operating activities totaled 172,547,496.56, compared to 117,969,073.86 in the previous year, reflecting an increase of approximately 46%[22] - Cash outflow for investment activities was 1,501,245,360.53, compared to 509,282,485.83 in the same quarter last year, indicating a significant increase[22] - Cash outflow for financing activities was 72,384,840.47, up from 28,433,147.25 year-over-year, representing an increase of approximately 154%[23]
高华科技(688539) - 2023 Q3 - 季度财报