SPEG(SH:900916)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥420,047,733.89, representing a 24.87% increase compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2023 was ¥7,717,770.52, a decrease of 39.45% year-on-year[3] - The basic earnings per share for Q3 2023 was ¥0.0150, down 39.36% from ¥0.0247 in the same quarter last year[4] - The net profit attributable to shareholders for the year-to-date was ¥32,969,884.23, down 49.98% compared to the previous year[3] - Net profit for the first three quarters of 2023 was ¥32,037,938.75, down 51.5% from ¥66,023,677.97 in the first three quarters of 2022[17] - The company reported a total comprehensive income of ¥35,448,310.42 for Q3 2023, down from ¥54,677,797.78 in Q3 2022[18] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥14,006,246.68, compared to a positive cash flow of ¥18,591,479.76 in the same period last year[3] - The net cash flow from operating activities was 81.32 million RMB, mainly due to an increase in acceptance bill maturity[9] - In the first three quarters of 2023, the company generated cash inflows from operating activities amounting to CNY 1,342,246,441.36, an increase of 2.3% compared to CNY 1,310,519,069.61 in the same period of 2022[19] - The net cash flow from operating activities for the first nine months of 2023 was CNY 18,591,479.76, up from CNY 10,253,388.51 in 2022, representing an increase of 81.5%[19] - The net cash flow from investment activities was -CNY 138,901,793.07, an improvement from -CNY 161,540,609.98 in the same period last year[19] - The net cash flow from financing activities was CNY 231,095,288.41, compared to -CNY 116,963,692.95 in the same period of 2022, indicating a positive turnaround[19] Assets and Liabilities - The total assets as of the end of Q3 2023 amounted to ¥3,262,087,215.27, reflecting an 8.12% increase from the previous year[4] - Total assets as of September 30, 2023, amounted to 3,262.09 million RMB, an increase from 3,017.15 million RMB at the end of 2022[14] - Total liabilities increased to ¥1,100,533,900.94 in Q3 2023, compared to ¥891,041,034.34 in Q3 2022, reflecting a growth of 23.5%[15] - The total liabilities increased to 1,792.86 million RMB from 1,521.85 million RMB at the end of 2022[14] - The company's total equity increased to ¥2,161,553,314.33 in Q3 2023, compared to ¥2,126,105,003.91 in Q3 2022, reflecting a growth of 1.7%[15] Shareholder Information - The number of common shareholders at the end of the reporting period was 39,505[12] - The top ten shareholders held a combined 62.73% of the total shares, with the largest shareholder owning 22.78%[12] Operational Metrics - The company reported a significant increase in accounts receivable by 32.98%, indicating higher sales on credit[8] - Operating costs for the first three quarters of 2023 totaled ¥1,247,355,352.48, an increase of 21.6% from ¥1,025,147,947.19 in the same period of 2022[17] - Research and development expenses for the first three quarters of 2023 were ¥13,576,719.77, slightly down from ¥14,636,881.06 in the same period of 2022[17] Financial Challenges - The company experienced a 50.60% decline in net profit after deducting non-recurring gains and losses for Q3 2023[8] - The company noted that rising costs were the primary reason for the decline in profits across various metrics[8] - The company reported a decrease in investment income of -42.28 million RMB due to a reduction in the scale of financial investments[9] Cash and Equivalents - The company's cash and cash equivalents increased to 817.20 million RMB from 673.38 million RMB at the end of 2022[14] - The company's cash and cash equivalents at the end of the reporting period amounted to CNY 743,066,499.55, an increase from CNY 504,849,051.82 at the end of the previous year[19] Accounting Standards - The company has not adopted new accounting standards for the current year, maintaining consistency in financial reporting[21]