Financial Performance - The company's operating revenue for Q3 2023 was CNY 200.74 million, representing a 39.17% increase compared to CNY 144.23 million in the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 7.46 million, a decrease of 33.16% from CNY 11.16 million year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 7.59 million, down 44.20% from CNY 13.61 million in the previous year[5]. - The basic earnings per share for Q3 2023 was CNY 0.07, a decline of 68.18% compared to CNY 0.22 in the same quarter last year[5]. - Total operating revenue for Q3 2023 was CNY 538,872,127.96, a decrease of 17.7% compared to CNY 654,534,351.63 in Q3 2022[19]. - Net profit for Q3 2023 was CNY 40,271,529.21, a decline of 34.0% from CNY 61,133,303.83 in Q3 2022[20]. - Earnings per share for Q3 2023 were CNY 0.55, compared to CNY 0.98 in Q3 2022[20]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 1,113.60 million, an increase of 83.13% from CNY 607.85 million at the end of the previous year[5]. - The company's total liabilities increased to CNY 171,456,730.40 in Q3 2023 from CNY 141,055,251.66 in Q3 2022, reflecting a growth of 21.5%[19]. - Total equity attributable to shareholders increased to CNY 898,426,095.88 in Q3 2023, up from CNY 423,735,371.61 in Q3 2022, representing a growth of 112.5%[19]. - The total assets of the company reached CNY 1,113,604,858.23 in Q3 2023, compared to CNY 608,098,209.35 in Q3 2022, indicating a growth of 83.0%[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 9.62 million, a significant decrease of 106.76% compared to CNY 142.24 million in the previous year[5]. - Cash flow from operating activities turned negative at CNY -962.24 million, a decline of 106.76% year-on-year due to reduced sales collections[11]. - Cash flow from investing activities also turned negative at CNY -31.49 million, a significant drop of 832.24% due to increased expenditures on fundraising financial management[11]. - Cash flow from financing activities increased by 634.37% to CNY 40.38 million, primarily due to new share issuance and increased fundraising[11]. - Financing activities generated a net cash flow of 403,842,939.08 CNY, a recovery from -75,574,327.79 CNY in the previous year, indicating improved capital raising efforts[23]. Expenses and Investments - R&D expenses decreased by 40.16% to CNY 1.40 million, due to adjustments in project focus and reduced investment in certain R&D initiatives[11]. - Research and development expenses decreased to CNY 14,047,480.04 in Q3 2023 from CNY 23,474,342.93 in Q3 2022, a reduction of 40.2%[19]. - The company reported a non-recurring loss of CNY 134,155.01 for the current period, compared to a gain of CNY 2,091,712.27 year-to-date[8]. - The company reported an investment income of CNY 355,360.87 in Q3 2023, recovering from a loss of CNY -2,872,190.56 in the same period last year[19]. Changes in Financial Reporting - The company has undergone a change in accounting policy, which has affected the financial reporting for the current period[6]. - The company adjusted its financial statements due to new accounting standards, impacting deferred tax assets and liabilities, with adjustments to retained earnings and other related financial statement items[24].
翔腾新材(001373) - 2023 Q3 - 季度财报