WebRAY(SH:688651)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥40,131,351.73, representing a year-on-year increase of 15.78%[5] - The net profit attributable to shareholders for Q3 2023 was -¥16,899,921.92, with a year-to-date net profit of -¥23,204,398.45[5] - Total operating revenue for the first three quarters of 2023 reached ¥133,148,355.92, an increase of 32.5% compared to ¥100,430,680.48 in the same period of 2022[21] - Net profit for the third quarter of 2023 was a loss of ¥23,204,398.45, compared to a loss of ¥15,860,545.68 in the same quarter of 2022, reflecting a deterioration in performance[22] - The company's operating profit for the first three quarters of 2023 was a loss of ¥28,791,582.42, compared to a loss of ¥19,672,148.75 in the same period of 2022[22] - The company reported a total comprehensive loss of ¥23,204,398.45 for the third quarter of 2023, compared to a loss of ¥15,860,545.68 in the same quarter of 2022[23] Research and Development - Research and development expenses totaled ¥14,934,971.50 in Q3 2023, accounting for 37.22% of operating revenue, an increase of 4.08 percentage points compared to the previous year[6] - Research and development expenses for the first three quarters of 2023 amounted to ¥41,800,078.91, an increase from ¥34,081,134.56 in the same period of 2022, indicating a focus on innovation[21] Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥1,031,299,078.88, reflecting a significant increase of 180.09% compared to the end of the previous year[6] - The equity attributable to shareholders increased by 244.27% year-on-year, amounting to ¥925,834,844.58 at the end of Q3 2023[6] - The total liabilities as of the end of the third quarter of 2023 were ¥105,464,234.29, compared to ¥99,278,382.23 at the end of the previous year[21] - The total current assets amounted to ¥952,298,151.56, compared to ¥309,995,560.40 at the end of 2022, indicating an increase of about 207.5%[17] - The company's inventory increased to ¥15,445,420.84 from ¥8,845,614.86, reflecting an increase of approximately 74.5% year-over-year[17] - Non-current assets totaled ¥79,000,927.32, up from ¥58,209,661.99, marking an increase of about 35.7%[17] Cash Flow - The cash flow from operating activities for the year-to-date period was -¥27,178,839.82, indicating a decline of 441.03%[6] - The cash inflow from operating activities in Q3 2023 was negative RMB 27,178,839.82, compared to a positive RMB 7,969,599.38 in Q3 2022, indicating a significant decline[25] - The cash inflow from investment activities in Q3 2023 was RMB 90,531,882.43, down from RMB 186,561,353.90 in Q3 2022, reflecting a decrease of about 51.5%[25] - The net cash flow from investment activities for Q3 2023 was negative RMB 36,510,897.31, an improvement from negative RMB 96,784,796.73 in Q3 2022[25] - The cash inflow from financing activities in Q3 2023 was RMB 693,312,000.00, with a net cash flow of RMB 669,576,468.55, a significant increase compared to negative RMB 4,171,987.39 in Q3 2022[25] - The net increase in cash and cash equivalents for Q3 2023 was RMB 605,886,731.42, contrasting with a decrease of RMB 92,987,184.74 in Q3 2022[25] - The ending balance of cash and cash equivalents as of Q3 2023 was RMB 732,301,755.76, compared to RMB 49,042,553.94 at the end of Q3 2022[25] Government Subsidies - The company reported a total of ¥1,500,000.00 in government subsidies recognized in Q3 2023, contributing to non-operating income[10] Initial Public Offering - The company conducted its initial public offering in July 2023, raising net funds of ¥670 million, significantly boosting total assets and equity[10] Future Outlook - The company has not disclosed any new product launches or technological advancements during the quarter[15] - There are no updates on market expansion or mergers and acquisitions in the current report[15] - The company has not provided specific future guidance or outlook for the upcoming quarters[15]