Wisesoft(SZ:002253)2022-10-26 16:00Financial Performance - The company's operating revenue for the third quarter was CNY 48,316,984.77, a decrease of 13.25% compared to the same period last year, and a year-to-date revenue of CNY 171,273,907.89, down 24.11% year-on-year [5]. - The net profit attributable to shareholders was a loss of CNY 2,217,047.63, representing a decline of 119.16% year-on-year, with a year-to-date net profit of CNY 4,680,769.67, down 86.26% compared to the previous year [5]. - The company reported a basic and diluted earnings per share of CNY -0.0099, a decrease of 119.21% year-on-year, with a year-to-date earnings per share of CNY 0.0207, down 86.29% [5]. - Total operating revenue for the first nine months of 2022 was CNY 171,273,907.89, a decrease of 24.1% compared to CNY 225,697,495.96 in the same period last year [22]. - Net profit for the third quarter of 2022 was CNY 4,209,253.11, a significant decline of 88.7% from CNY 37,255,515.76 in the previous year [24]. - Basic earnings per share for the third quarter were CNY 0.0207, down 86.3% from CNY 0.1510 in the same quarter last year [24]. Cash Flow and Financial Position - The net cash flow from operating activities for the year-to-date was CNY -23,962,289.68, reflecting a decrease of 3.97% [5]. - The net cash flow from investment activities was -38,684,505.34 CNY, compared to -88,318,318.77 CNY in the previous year, indicating a significant reduction in cash outflow [25]. - The cash inflow from financing activities totaled 52,307,625.00 CNY, an increase from 45,840,000.00 CNY year-over-year [25]. - The net cash flow from financing activities was 30,502,980.40 CNY, compared to 3,868,275.33 CNY in the previous year, showing a substantial improvement [25]. - The ending balance of cash and cash equivalents was 71,394,990.56 CNY, down from 73,291,517.77 CNY year-over-year [25]. - The company had a net increase in cash and cash equivalents of -32,143,814.62 CNY, compared to -107,497,153.64 CNY in the previous year [25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,810,926,142.98, a slight increase of 0.27% from the end of the previous year [5]. - Total current assets as of September 30, 2022, amount to CNY 634,925,527.51, an increase from CNY 616,617,728.97 at the beginning of the year [19]. - Total liabilities as of September 30, 2022, were CNY 316,016,691.12, slightly up from CNY 315,392,411.53 at the end of the previous year [21]. - Total equity attributable to shareholders of the parent company was CNY 1,437,343,053.17, a slight increase from CNY 1,432,661,432.81 year-on-year [21]. Expenses - The company’s financial expenses increased by 1,100.02% year-on-year, primarily due to increased borrowing costs [13]. - Research and development expenses for the first nine months were CNY 25,630,874.43, an increase of 6.0% from CNY 24,190,396.43 year-on-year [23]. - Sales expenses decreased to CNY 8,880,759.01, down 9.5% from CNY 9,810,869.33 in the previous year [23]. - Management expenses decreased to CNY 13,246,348.62, down 18.9% from CNY 16,335,701.16 year-on-year [23]. Technology and Future Outlook - The company faced significant challenges due to the pandemic and changes in domestic and international conditions, leading to delays in project execution and increased costs [6]. - The company achieved a major breakthrough in "non-DLP sinusoidal stripe structured light 3D measurement" technology, improving measurement speed by 3-6 times and reducing costs by over 50% [6]. - The company plans to launch a series of 3D facial recognition camera products based on the new technology by mid-2023, which is expected to contribute significantly to future performance [6]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 36,471 [17]. - The largest shareholder, You Zhisheng, holds 9.13% of shares, totaling 20,589,033 shares [17]. Other Information - Government subsidies recognized in the current period amounted to CNY 1,493,227.06, accounting for 108.79% of the net profit attributable to shareholders, a decrease of 63.27% year-on-year [8]. - The financial report for the third quarter was unaudited [26].