江航装备(688586) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥276,441,793.47, a decrease of 6.81% compared to the same period last year[5] - Net profit attributable to shareholders was ¥52,481,838.34, down 30.11% year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥42,078,122.80, a decline of 37.07% compared to the previous year[5] - Basic and diluted earnings per share for the period were both ¥0.09, representing a decrease of 52.63% year-on-year[6] - Net profit for the first three quarters of 2023 was ¥186,350,798.94, a decrease of 16.2% from ¥222,492,886.06 in the same period of 2022[23] - The total comprehensive income for the first three quarters of 2023 was ¥186,350,798.94, compared to ¥222,492,886.06 in the same period of 2022, reflecting a decrease of approximately 16.2%[24] - The basic earnings per share for the first three quarters of 2023 were ¥0.33, down from ¥0.55 in the same period of 2022[24] Expenses and Costs - Research and development expenses totaled ¥34,013,285.26, a reduction of 15.51% from the previous year, accounting for 12.30% of operating revenue[6] - Research and development expenses for the first three quarters of 2023 were ¥50,965,646.20, slightly down from ¥53,589,180.11 in 2022, showing a decrease of approximately 4.9%[22] - Total operating costs for the first three quarters of 2023 were ¥713,743,843.59, up from ¥656,947,627.62 in 2022, reflecting an increase of approximately 8.6%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,564,358,240.82, a decrease of 1.05% from the end of the previous year[6] - Total current assets as of September 30, 2023, amounted to ¥2,828,412,631.62, a decrease from ¥2,881,302,461.38 at the end of 2022[16] - Cash and cash equivalents decreased to ¥824,368,489.53 from ¥1,053,129,289.04 year-over-year[16] - Accounts receivable increased significantly to ¥796,616,349.24 from ¥360,260,942.19, indicating a growth of 121.9%[16] - Total liabilities decreased to ¥885,801,601.87 from ¥956,352,911.04, reflecting a reduction of approximately 7.4%[17] - The company's total liabilities as of the end of the third quarter of 2023 amounted to ¥1,091,535,409.92, down from ¥1,241,221,746.03 at the end of the previous year[22] - The total equity attributable to shareholders increased by 4.74% to ¥2,472,822,830.90 compared to the end of the previous year[6] - The total equity attributable to shareholders increased to ¥2,472,822,830.90 from ¥2,360,872,861.80, representing a growth of approximately 4.7%[22] Cash Flow - The company reported a cash flow from operating activities of -¥144,387,575.53 for the year-to-date[6] - Cash inflows from operating activities for the first three quarters of 2023 were ¥474,673,801.21, compared to ¥402,597,633.32 in the same period of 2022, indicating a rise of about 17.9%[27] - The net cash flow from operating activities was -144,387,575.53, an improvement from -219,489,236.97 in the previous quarter[28] - Cash inflow from investment activities totaled 2,707,782,931.84, significantly higher than 736,377,202.73 in the previous quarter[28] - The net cash flow from investment activities was 26,361,643.90, compared to -19,594,779.19 in the previous quarter[28] - The net cash flow from financing activities was -107,489,905.72, worsening from -65,668,914.14 in the previous quarter[29] - The total cash and cash equivalents at the end of the period were 804,605,099.67, down from 1,030,120,937.02 at the beginning of the period[29] - The cash outflow from operating activities totaled 619,061,376.74, slightly lower than 622,086,870.29 in the previous quarter[28] - The company recorded a significant increase in payments to employees, totaling 228,703,734.58 compared to 210,686,180.32 in the previous quarter[28] - The cash inflow from recovering investments was 2,700,000,000.00, a substantial increase from 730,000,000.00 in the previous quarter[28] Shareholder Information - Total number of common shareholders at the end of the reporting period was 16,145[13] - The largest shareholder, AVIC Aircraft Systems Co., Ltd., holds 324,592,366 shares, accounting for 41.02% of total shares[14] Other Information - The company has not disclosed any new product or technology developments in the current report[15] - There are no significant mergers or acquisitions reported during the quarter[15] - The company executed a new accounting standard starting in 2023, which may affect financial reporting[30]