Headman(SH:688577)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥156,984,870.19, a decrease of 5.26% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥5,023,212.96, down 75.69% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥2,143,893.35, a decline of 88.27% compared to the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.09, a decrease of 76.32% year-on-year[6]. - Net profit for the third quarter of 2023 was ¥22,448,715.00, a decrease of 58.1% from ¥53,503,069.94 in the same quarter of 2022[21]. - Earnings per share for the third quarter of 2023 was ¥0.44, down from ¥0.99 in the same quarter of 2022[22]. - Net profit for the first three quarters of 2023 was approximately ¥17.40 million, a decrease of 69.54% compared to ¥56.96 million in the same period of 2022[31]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,340,005,281.45, a decrease of 2.82% from the end of the previous year[6]. - As of September 30, 2023, total current assets amounted to ¥683,050,477.13, a decrease of 10.8% from ¥765,615,701.62 on December 31, 2022[15]. - Total non-current assets increased to ¥656,954,804.32 from ¥613,260,827.70, reflecting a growth of 7.1%[16]. - The total liabilities decreased to ¥468,725,665.25 in Q3 2023 from ¥514,290,121.85 in Q3 2022, a reduction of 8.8%[19]. - The company's total liabilities decreased to ¥409,575,630.46 from ¥470,534,422.26 at the end of 2022, indicating improved financial stability[29]. - Total assets amounted to approximately ¥1,339.81 billion, with non-current assets totaling ¥607.04 billion[41]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥38,549,710.85, an increase of 248.66% compared to the previous year[6]. - The net cash flow from operating activities for Q3 2023 was ¥38,549,710.85, a significant improvement compared to -¥25,932,330.34 in Q3 2022, indicating a turnaround in operational performance[24]. - Cash flow from operating activities generated a net amount of approximately ¥9.62 million, recovering from a negative cash flow of ¥30.34 million in the same period of 2022[32]. - Total cash inflow from financing activities reached ¥89,822,577.93, compared to ¥31,275,936.00 in the same period last year, reflecting increased borrowing and investment inflows[25]. - The company reported a significant reduction in cash outflows for operating activities, totaling ¥257,813,051.90 in Q3 2023 compared to ¥296,724,137.59 in Q3 2022, indicating improved cost management[24]. Research and Development - Research and development expenses for Q3 2023 amounted to ¥9,059,341.49, a decrease of 4.35% compared to the same period last year[6]. - Research and development expenses for the first three quarters of 2023 were ¥29,729,883.50, compared to ¥27,535,683.54 in the same period of 2022, indicating an increase of 8.0%[19]. - Research and development expenses rose to approximately ¥23.62 million, an increase of 6.95% from ¥22.09 million in the previous year[30]. - The company has not provided any new product or technology development updates in the current report[15]. - The company plans to continue investing in new technologies and market expansion to drive future growth[31]. Inventory and Receivables - Cash and cash equivalents decreased to ¥73,937,113.56 from ¥92,594,927.30, representing a decline of 20.2%[15]. - Accounts receivable increased to ¥106,361,710.44, up 8.0% from ¥98,386,823.42[15]. - Inventory decreased to ¥329,983,570.19, down 4.0% from ¥343,731,905.39[15]. - The company's inventory decreased to ¥298,866,780.13 from ¥323,961,923.47, reflecting a reduction in stock levels[27]. Financial Stability - The weighted average return on equity for Q3 2023 was 0.58%, a decrease of 1.87 percentage points year-on-year[6]. - The total equity attributable to shareholders increased to ¥873,423,075.78 in Q3 2023 from ¥865,279,009.86 in Q3 2022, showing a growth of 0.2%[19]. - The company's retained earnings increased to ¥233,001,257.08 from ¥231,824,677.83, showing a slight growth in profitability retained within the business[29]. - The company reported a financial asset impairment loss of ¥121,254.78 in the first three quarters of 2023, compared to a gain of ¥2,919,415.59 in the same period of 2022[19].