Breo(SH:688793)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥342,288,431.94, representing a year-over-year increase of 79.81%[5] - The net profit attributable to shareholders for Q3 2023 was ¥9,015,128.44, while the net profit for the year-to-date period showed a loss of ¥16,331,361.32[5] - The basic earnings per share for Q3 2023 was ¥0.11, compared to a loss of ¥0.19 for the year-to-date period[6] - Total operating revenue for the first three quarters of 2023 reached ¥941,688,105.59, a significant increase from ¥648,988,975.95 in the same period of 2022, representing a growth of approximately 45%[22] - The net loss for the third quarter of 2023 was ¥15,706,198.90, compared to a net loss of ¥57,604,479.05 in the same quarter of 2022, showing an improvement in financial performance[23] - The total comprehensive loss for the third quarter of 2023 was ¥16,047,062.92, compared to a loss of ¥58,830,966.01 in the same quarter of 2022, indicating a significant reduction in losses[24] - The company's total equity reached ¥543,561,486.11, compared to ¥531,906,323.54 in the same period last year, indicating a growth of 2.4%[30] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥781,758,837.52, a decrease of 2.24% compared to the end of the previous year[6] - The company's total assets decreased from ¥799,655,393.51 in the previous quarter to ¥781,758,837.52 in the current quarter[20] - Total liabilities increased from ¥326,924,355.43 to ¥341,626,233.68, reflecting a rise of approximately 4.5%[20] - The total liabilities increased to ¥413,755,700.24 in Q3 2023, up from ¥377,644,531.33 in Q3 2022, reflecting a growth of 9.9%[30] - The total liabilities to equity ratio stands at approximately 76.1%, indicating a relatively high leverage position[30] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥81,597,730.15[6] - Operating cash inflow for the first three quarters of 2023 reached ¥924,792,515.28, a significant increase from ¥667,669,594.56 in the same period of 2022, representing a growth of approximately 38.5%[34] - Net cash flow from operating activities turned positive at ¥53,310,090.43, compared to a negative cash flow of ¥78,342,217.51 in the first three quarters of 2022[34] - The company's cash flow from operating activities was positively impacted by a significant increase in sales and improved operational efficiency[26] Research and Development - Research and development expenses for Q3 2023 totaled ¥14,064,845.11, accounting for 4.11% of revenue, a decrease of 3.09 percentage points year-over-year[6] - Research and development expenses for the third quarter of 2023 were ¥40,544,367.67, slightly down from ¥44,013,546.48 in the same quarter of 2022[23] - Research and development expenses for the first three quarters of 2023 were ¥31,499,809.36, a decrease of 19.8% from ¥39,269,866.47 in the previous year[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 3,622[13] - The company holds 876,454 shares in its repurchase special securities account, representing 1.02% of total shares[15] - The top ten shareholders include Ma Xuejun with 34,787,886 shares, representing 40.4% of total shares[13] - The company has a total of 10 major shareholders with significant stakes, indicating concentrated ownership[15] Future Outlook - The increase in revenue was primarily driven by the launch of new products and growth in sales through new channels[10] - The company plans to continue focusing on product innovation and market expansion strategies moving forward[10] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[31]