Cubic(SH:688665)2023-10-24 16:00Financial Performance - In Q3 2023, the company achieved operating revenue of CNY 164,243,018.51, representing a year-on-year increase of 13.15%[6] - The net profit attributable to shareholders was CNY 29,517,537.95, with a year-on-year growth of 1.03%[6] - For the first three quarters of 2023, the company reported operating revenue of CNY 451,913,137.14, up 13.76% year-on-year, driven by significant growth in smart metering and medical health sensor businesses[8][9] - The net profit for the first three quarters was CNY 101,279,309.63, reflecting a year-on-year increase of 1.24%[8] - The company's net profit for the first three quarters of 2023 was ¥114,449,368.87, slightly up from ¥112,967,045.62 in the previous year, indicating a growth of 1.3%[27] - The net profit for Q3 2023 was CNY 102,406,603.97, an increase from CNY 100,911,675.02 in Q3 2022, representing a growth of approximately 1.48%[28] - The total comprehensive income for Q3 2023 was CNY 102,406,603.97, compared to CNY 100,911,675.02 in the same period last year, indicating a year-over-year increase of about 1.48%[29] - Basic and diluted earnings per share for Q3 2023 were both CNY 1.45, up from CNY 1.43 in Q3 2022, reflecting a growth of 1.4%[29] Research and Development - The company’s R&D investment totaled CNY 18,853,087.91, an increase of 39.43% compared to the same period last year, accounting for 11.48% of operating revenue[7] - Research and development expenses for the first three quarters of 2023 were ¥48,369,595.95, compared to ¥37,721,785.49 in 2022, indicating a growth of 28.3%[27] Assets and Liabilities - The company’s total assets at the end of the reporting period were CNY 1,141,777,039.54, a 0.87% increase from the end of the previous year[7] - The equity attributable to shareholders increased by 4.38% to CNY 926,508,715.86 compared to the end of the previous year[7] - Total assets as of September 30, 2023, amounted to ¥1,141,777,039.54, a slight increase from ¥1,131,956,672.60 at the end of 2022[23] - Total liabilities decreased to ¥208,620,637.75 from ¥238,811,605.12, showing a reduction of 12.6%[23] - The company's equity attributable to shareholders rose to ¥926,508,715.86 from ¥887,624,675.89, reflecting an increase of 4.4%[23] Cash Flow and Financing - Cash and cash equivalents decreased to ¥305,941,155.62 as of September 30, 2023, down from ¥427,979,659.05 at the end of 2022, representing a decline of 28.5%[21] - The total cash outflow from financing activities in Q3 2023 was CNY 91,805,804.57, compared to CNY 121,722,202.37 in Q3 2022, indicating a reduction of approximately 24.6%[32] - The company reported a net cash flow from investing activities of -CNY 95,621,168.28 for the first three quarters of 2023, worsening from -CNY 75,493,941.47 in the same period last year[31] Sales and Revenue Breakdown - Sales revenue from smart metering business surged by 634.28%, while air quality sensor sales declined by 16.26% due to market inventory issues[9] - The total revenue from sales of goods and services for the first three quarters of 2023 was CNY 401,675,533.73, an increase from CNY 359,987,244.18 in the same period of 2022, representing a growth of about 11.6%[30] Operational Expenses - The company incurred operating expenses of CNY 380,570,631.23 in Q3 2023, compared to CNY 354,241,639.06 in Q3 2022, reflecting an increase of approximately 7.4%[31] - The company’s management expenses rose by 26.45% due to increased operational costs following the opening of the Jiaxing Park[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,560[17] - The largest shareholder, Wuhan Youhui Technology Co., Ltd., holds 31,500,000 shares, representing 45.00% of the total shares[18] - The company has a diverse shareholder base, with the top ten shareholders holding a combined significant percentage of the shares[19] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]