Financial Performance - The company's revenue for Q3 2023 was ¥72,710,462.57, a decrease of 43.43% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of ¥2,052,467.83, representing a decline of 141.26% year-on-year[5] - The net profit after deducting non-recurring gains and losses was a loss of ¥2,151,710.53, down 147.20% from the previous year[5] - Total operating revenue for Q3 2023 was ¥316,033,448.32, a decrease of 31.8% compared to ¥463,577,988.62 in Q3 2022[21] - Net profit for Q3 2023 was ¥16,656,721.22, a decline of 59.3% from ¥40,949,610.00 in Q3 2022[22] - The total comprehensive income for Q3 2023 was ¥16,656,721.22, down 59.3% from ¥40,949,610.00 in Q3 2022, highlighting challenges in overall performance[23] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥835,171,965.83, a decrease of 5.80% from the end of the previous year[5] - The company's total liabilities decreased to ¥73,050,918.54 in Q3 2023 from ¥145,939,115.69 in Q3 2022, indicating a reduction in financial obligations[22] - Total liabilities decreased from ¥110,000,000 to ¥100,000,000, reflecting a reduction of approximately 9%[18] - The company's cash and cash equivalents decreased from ¥561,886,290.67 at the beginning of the year to ¥539,945,100.31 by September 30, 2023, a decline of approximately 3%[17] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥11,043,532.09, an increase of 147.65% compared to the same period last year[12] - Cash flow from operating activities for Q3 2023 was ¥307,298,529.17, compared to ¥410,653,366.52 in Q3 2022[24] - The net cash flow from operating activities for Q3 2023 was ¥11,043,532.09, a significant improvement compared to a net outflow of ¥23,175,989.77 in Q3 2022[25] - Total cash inflow from operating activities was ¥329,061,619.40, while total cash outflow was ¥318,018,087.31, resulting in a net increase of ¥11,043,532.09[25] - Cash flow from investing activities showed a net outflow of ¥28,976,786.29, compared to a smaller outflow of ¥2,026,604.46 in the same period last year[25] Shareholder Information - Total number of common shareholders at the end of the reporting period is 8,081[14] - The largest shareholder, Song Laoliang, holds 47.19% of shares, totaling 34,725,852 shares[14] Operational Metrics - The basic earnings per share for Q3 2023 was -¥0.0279, a decrease of 134.36% year-on-year[5] - Earnings per share for Q3 2023 was ¥0.2268, compared to ¥0.7211 in Q3 2022, reflecting a significant decrease[23] - Research and development expenses for Q3 2023 were ¥8,233,602.08, up 19.5% from ¥6,891,740.09 in Q3 2022, indicating a focus on innovation[22] Changes in Assets - Accounts receivable decreased from ¥61,238,776.23 to ¥51,667,765.53, representing a reduction of about 16%[18] - Inventory decreased from ¥161,718,729.15 to ¥130,687,313.86, a decline of approximately 19%[18] - The company has a non-current asset total of ¥83,162,562.80 as of September 30, 2023, up from ¥60,578,709.54 at the beginning of the year, an increase of about 37%[18] - The company reported a significant increase of 360.94% in intangible assets, mainly due to land acquisition by a subsidiary[11] Financial Management - The financial expenses increased by 203.73% due to increased interest income from existing and raised funds[11] - The company experienced a 62.61% decrease in non-operating income, primarily due to changes in received listing subsidies[12] - The company reported a financial income of ¥8,401,827.43 in Q3 2023, compared to ¥2,990,489.67 in Q3 2022, reflecting improved financial management[22] Future Plans - The company plans to expand its market presence and invest in new product development[15] - The company has identified potential acquisition targets to enhance its growth strategy[15] Taxation - The company reported a total of ¥24,576,485.58 in taxes paid during Q3 2023, compared to ¥36,406,167.27 in Q3 2022, indicating a reduction of approximately 32.5%[25] Audit Status - The report indicates that the third-quarter financial statements have not been audited[26]
利仁科技(001259) - 2023 Q3 - 季度财报