LANJIAN(SH:688557)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥190,483,935.63, representing a year-over-year increase of 5.10%[3] - Net profit attributable to shareholders for Q3 2023 was ¥15,086,395.16, up 19.56% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 216.87% year-over-year, totaling ¥13,670,115.43 for Q3 2023[3] - The basic earnings per share for Q3 2023 was ¥0.21, reflecting a 22.12% increase year-over-year[4] - Total operating revenue for the first three quarters of 2023 reached ¥704,921,814.14, an increase of 15.3% compared to ¥611,044,830.21 in the same period of 2022[17] - Net profit for the third quarter of 2023 was ¥68,114,813.22, up 55.5% from ¥43,854,038.78 in the third quarter of 2022[19] - Operating profit for the first three quarters of 2023 was ¥70,119,641.02, compared to ¥43,849,118.40 in the same period last year, reflecting a significant increase[18] - The company reported a significant increase in net profit attributable to shareholders for the year-to-date period, with a growth of 55.32%[7] - Net profit for the first three quarters of 2023 was ¥58,519,581.00, an increase of 47.8% compared to ¥39,573,085.98 in the same period of 2022[29] Research and Development - Research and development expenses for Q3 2023 amounted to ¥20,168,174.50, which is 10.59% of operating revenue, an increase of 2.20 percentage points from the previous year[4] - The company continues to enhance its R&D capabilities, focusing on materials and human resources investment[8] - Research and development expenses for the first three quarters of 2023 totaled ¥57,177,979.59, slightly up from ¥55,939,991.19 in the previous year[17] - Research and development expenses increased to ¥40,838,791.37 in the first three quarters of 2023, up from ¥37,752,473.70 in the same period of 2022, indicating a focus on innovation[28] - The company is committed to expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[28] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,482,547,630.92, showing a decrease of 2.38% from the end of the previous year[4] - As of September 30, 2023, the total assets of the company amounted to CNY 1,482,547,630.92, a decrease from CNY 1,518,707,015.53 at the end of 2022, reflecting a decline of approximately 2.36%[13] - The company's current assets totaled CNY 943,724,162.27, down from CNY 1,054,874,148.20, indicating a decrease of about 10.54%[14] - Total liabilities decreased to CNY 444,793,065.68 from CNY 523,781,745.43, reflecting a reduction of approximately 15.06%[15] - The company's equity remained stable at CNY 72,670,000.00, unchanged from the previous period[15] - The company's equity attributable to shareholders reached ¥1,037,754,565.24, an increase from ¥994,925,270.10 in the previous year[16] - The total current assets as of September 30, 2023, amounted to 886,538,184.51 CNY, down from 967,328,799.78 CNY at the end of 2022, reflecting a decline of about 8.3%[25] - The total liabilities decreased to 377,150,703.49 CNY from 396,830,216.11 CNY, representing a reduction of about 5.0%[26] Cash Flow - The cash flow from operating activities for Q3 2023 was ¥11,156,200.29, a decrease of 31.76% compared to the same period last year[3] - The net cash flow from operating activities for the first three quarters of 2023 was -¥104,939,974.45, an improvement from -¥163,698,728.35 in the same period of 2022[32] - The company reported a net cash flow from operating activities of -¥110,569,074.03 for the first three quarters of 2023, an improvement from -¥163,848,459.74 in the same period of 2022[22] - The net cash flow from investing activities for Q3 2023 was 91,875,470.81 CNY, compared to 198,113,631.96 CNY in Q3 2022, indicating a decrease of approximately 53.7%[23] - The net cash flow from financing activities was -17,718,336.12 CNY in Q3 2023, compared to -24,707,800.00 CNY in Q3 2022, indicating an improvement of about 28.2%[23] Inventory and Receivables - Accounts receivable increased significantly to CNY 506,383,527.55 from CNY 359,491,257.46, representing an increase of approximately 40.87%[14] - The company's inventory decreased to CNY 140,874,646.33 from CNY 247,900,291.11, showing a decline of about 43.14%[14] - The company's inventory decreased significantly to 65,529,696.19 CNY from 177,618,424.76 CNY, a decline of about 63.1%[25] - The company reported a significant increase in contract assets, rising to CNY 35,989,713.30 from CNY 16,158,683.58, an increase of approximately 122.61%[14] Other Financial Metrics - The company reported a significant increase in other income, totaling ¥16,563,362.59 in the third quarter of 2023, compared to ¥21,904,032.01 in the same quarter of 2022[18] - The company experienced a significant increase in tax expenses, which rose to ¥3,441,084.87 in the first three quarters of 2023 from ¥771,504.71 in the same period of 2022[28] - The cash and cash equivalents decreased to CNY 145,051,351.54 from CNY 159,249,505.68, a decline of about 8.87%[13] - Cash and cash equivalents at the end of the third quarter of 2023 amounted to ¥99,478,694.52, compared to ¥89,863,406.84 at the end of the same period in 2022[32] - The company's retained earnings increased to 312,999,240.56 CNY from 282,094,259.56 CNY, reflecting a growth of approximately 11.0%[26]