铖昌科技(001270) - 2023 Q3 - 季度财报

Financial Performance - The company achieved operating revenue of 170.85 million yuan in Q3 2023, representing a 35.40% increase compared to the same period last year[6] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 45.91 million yuan, an increase of 4.78% year-on-year[6] - The company's operating revenue for the first nine months of 2023 reached ¥170,851,646.10, representing a 35.40% increase compared to ¥126,184,567.92 in the same period of 2022[31] - Total operating revenue for Q3 2023 reached ¥170,851,646.10, a 35.4% increase from ¥126,184,567.92 in Q3 2022[38] - The comprehensive income total for Q3 2023 was ¥52,389,699.06, down from ¥60,261,933.75 in the same quarter last year[41] - The net profit for the period was 52,389,699.06, a decrease of 13.4% compared to 60,261,933.75 in the previous period[51] - Operating profit was reported at 57,821,085.30, down from 64,806,071.46, indicating a decline of approximately 10.3%[51] - Total profit amounted to 54,707,959.66, which is a decrease of 18.1% from 66,805,035.73 in the prior period[51] Research and Development - Research and development expenses for the period amounted to 34.13 million yuan, a significant increase of 76.39%, accounting for 19.98% of operating revenue[7] - The company's research and development expenses increased by 76.39% to ¥34,134,557.59 from ¥19,351,496.58, reflecting a rise in R&D projects and investments[31] - R&D expenses increased to ¥34,134,557.59 in Q3 2023, compared to ¥19,351,496.58 in Q3 2022, reflecting a 76.4% rise[38] Operating Costs and Expenses - Operating costs for the period were 67.48 million yuan, up 64.00% year-on-year, which was higher than the revenue growth rate[9] - The company has increased management expenses to 17.28 million yuan, a rise of 46.53% compared to the same period last year[7] - Total operating costs for Q3 2023 were ¥121,531,308.14, up 53.5% from ¥79,079,254.03 in the same period last year[38] - The company reported operating expenses of 3,113,125.64, which increased from 1,035.73, suggesting rising operational costs[51] Assets and Liabilities - Total assets at the end of the reporting period were approximately 1.43 billion yuan, reflecting a 1.01% increase from the previous year[21] - The company's accounts receivable increased by 61.80% to ¥420,062,978.19 from ¥259,622,212.00, primarily due to increased operating income during the reporting period[23] - The company's fixed assets rose by 77.16% to ¥102,383,864.06 from ¥57,790,991.77, attributed to capacity expansion and increased equipment purchases[23] - The company's total assets as of September 30, 2023, amounted to ¥1,432,123,688.50, up from ¥1,417,860,306.03 at the beginning of the year[38] - The total liabilities were reported at $55,656,869.91, compared to $53,530,525.94 in the previous period[47] - The company's total liabilities decreased significantly, with a 100% reduction in lease liabilities during the reporting period[25] Cash Flow - The net cash flow from investing activities improved by 137.98%, reaching ¥93,721,974.89 compared to a negative ¥246,755,350.19 in the previous year[31] - Net cash flow from operating activities for Q3 2023 was -¥48,167,314.47, worsening from -¥39,772,201.21 in Q3 2022[41] - Cash inflow from investment activities in Q3 2023 totaled ¥774,438,602.75, compared to ¥552,696,191.78 in Q3 2022, marking a 40.2% increase[41] - The net cash flow generated from investment activities was $93,721,974.89, a significant improvement from a net outflow of $246,755,350.19 in the prior period[42] - The net cash flow from financing activities was -$54,076,147.27, contrasting sharply with a positive inflow of $511,307,868.92 in the previous period[42] Market Strategy and Future Plans - The company plans to continue expanding its business layout and enhance operational management to meet production and delivery schedules[6] - The company aims to strengthen its market share in phased array radar and satellite communication sectors while continuing to innovate and enhance product performance[7] Other Notable Points - The company reported a non-recurring loss of 6.48 million yuan, a decrease of 60.59% from the previous year's 16.45 million yuan[7] - The company's inventory increased by 36.88% to ¥172,086,486.36 from ¥125,716,832.25, driven by an increase in orders and raw material procurement[23] - The company's deferred income increased by 89.38% to ¥18,384,230.96 from ¥9,707,434.50, mainly due to an increase in government grants recognized as deferred income[25] - The company's other receivables surged by 7459.08% to ¥2,207,552.54 from ¥29,204.00, primarily due to increased security deposits for newly leased operating locations[23] - The company has not disclosed any new product developments or technological advancements in this report[52] - There are no mentions of market expansion or mergers and acquisitions in the current report[52] - The third quarter report has not been audited, indicating that the figures are preliminary and subject to change[56]