巨轮智能(002031) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥147,872,374.08, a decrease of 39.25% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥21,608,642.00, representing a decline of 1,247.52% year-on-year[4]. - Basic earnings per share were -¥0.0098, down 1,188.89% year-on-year[4]. - The company reported a decrease in net profit attributable to shareholders of -¥12,924,296.00 for the year-to-date, down 278.91% compared to the same period last year[4]. - Net profit for Q3 2023 was a loss of CNY 13,620,503.62, compared to a profit of CNY 6,918,183.20 in Q3 2022, indicating a significant decline in profitability[15]. - The net profit attributable to the parent company for Q3 2023 was -12,924,296.00 CNY, compared to a profit of 7,223,770.63 CNY in the same period last year, indicating a significant decline[16]. - The total comprehensive income for the parent company owners was -9,099,358.05 CNY, down from 7,136,322.85 CNY year-over-year[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was -¥47,442,330.51, a decrease of 306.93% compared to the previous year[7]. - The operating cash flow for Q3 2023 was -47,442,330.51 CNY, a decrease from 22,926,371.18 CNY in the previous year, reflecting a negative cash flow situation[18]. - Cash and cash equivalents decreased to CNY 138,971,192.34 from CNY 208,620,557.44 at the beginning of the year, representing a decline of about 33%[12]. - Cash and cash equivalents at the end of Q3 2023 stood at 126,050,351.58 CNY, down from 84,202,056.71 CNY in the same period last year[19]. - The company experienced a net cash flow decrease of 47,395,666.30 CNY in Q3 2023, contrasting with an increase of 30,608,426.78 CNY in the previous year[19]. - The total operating cash inflow for Q3 2023 was 438,755,211.13 CNY, down from 715,819,233.50 CNY in the previous year, reflecting a decline in operational performance[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,072,328,108.74, a decrease of 7.19% from the end of the previous year[4]. - Total assets decreased to CNY 4,072,328,108.74 from CNY 4,387,725,067.34, reflecting a decline of about 7%[12]. - Total liabilities decreased to CNY 1,618,148,569.93 from CNY 1,921,313,251.61, indicating a reduction of approximately 16%[12]. Operational Performance - The company experienced a significant decline in revenue due to reduced contract payments received compared to the previous year[7]. - Total revenue for Q3 2023 was CNY 538,590,534.26, a decrease of 28% compared to CNY 746,903,082.71 in Q3 2022[14]. - Total operating costs for Q3 2023 were CNY 556,344,484.70, down from CNY 762,352,767.52 in the same period last year, reflecting a reduction of approximately 27%[15]. - The company reported a significant increase in research and development expenses to CNY 26,760,146.56 from CNY 37,361,445.60, a decrease of about 28% year-over-year[15]. Investment and Financing Activities - The company reported a total cash inflow from financing activities of 446,376,094.82 CNY, compared to 621,902,909.59 CNY in the previous year, showing a decrease in financing cash inflow[18]. - The cash outflow from financing activities was 664,764,585.85 CNY, slightly lower than 704,724,103.94 CNY in the same period last year[18]. - The company reported a total cash inflow from investment activities of 513,418,846.93 CNY, compared to 543,808,971.29 CNY in the previous year, indicating a slight decrease in investment cash inflow[18]. Other Observations - The weighted average return on net assets was -0.88% for the current period, compared to -0.53% for the same period last year[4]. - The company has not reported any new product developments or market expansion strategies in this quarter[4]. - Accounts receivable increased to CNY 336,348,216.33 from CNY 326,481,347.48, showing a growth of approximately 6%[12]. - Inventory rose to CNY 391,391,026.45 from CNY 360,111,359.32, marking an increase of about 9%[12]. - Short-term borrowings decreased to CNY 700,038,216.69 from CNY 881,940,564.58, a reduction of approximately 21%[12]. - The company’s basic and diluted earnings per share for Q3 2023 were both -0.0059 CNY, compared to 0.0033 CNY in the same period last year, indicating a loss per share[16]. - Non-recurring gains and losses amounted to ¥10,652,423.69 for the current period, with a year-to-date total of ¥34,100,587.12[5].