Focus Tech.(SZ:002315)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥383,843,421.84, representing a 0.61% increase year-over-year[4] - Net profit attributable to shareholders for Q3 2023 was ¥107,944,371.14, up 12.36% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥108,101,972.73, reflecting a 20.80% increase year-over-year[4] - The basic earnings per share for Q3 2023 was ¥0.3464, an increase of 11.03% from the previous year[4] - Total revenue for Q3 2023 reached ¥1,124,687,762.91, a slight increase of 1.5% compared to ¥1,112,144,949.44 in Q3 2022[22] - Operating income was ¥1,119,309,470.96, up from ¥1,103,427,217.17, reflecting a growth of 1.4% year-over-year[22] - The net profit for Q3 2023 was CNY 293,859,553.53, an increase of 24.8% compared to CNY 235,401,562.89 in Q3 2022[23] - The total comprehensive income for Q3 2023 was CNY 361,220,517.49, significantly higher than CNY 231,075,619.96 in Q3 2022, marking an increase of 56.4%[24] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥222,107,550.67, showing a significant increase of 56.36%[4] - The net cash flow from operating activities increased by 56.36% to ¥222,107,550.67, primarily due to increased cash income from Made-in-China.com and net loan receipts from a subsidiary[9] - The cash flow from operating activities netted CNY 222,107,550.67, compared to CNY 142,048,010.77 in the previous year, indicating a rise of 56.4%[25] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥3,473,424,200.77, a decrease of 2.36% from the end of the previous year[4] - Current assets totaled ¥2,160,758,156.13, a decrease of 5.0% from ¥2,275,822,494.08 at the beginning of the year[19] - Total assets amounted to ¥3,473,424,200.77, down from ¥3,557,530,606.54, reflecting a decline of approximately 2.4%[20] - Total liabilities decreased to ¥1,092,371,102.85 from ¥1,290,605,475.95, a reduction of about 15.4%[20] - Shareholders' equity increased to ¥2,381,053,097.92 from ¥2,266,925,130.59, representing a growth of approximately 5.0%[20] Investment and Income - The investment income for Q3 2023 was ¥21,392,427.80, a remarkable increase of 519.88% compared to the same period last year[8] - The company achieved an investment income of CNY 21,392,427.80, a significant increase from CNY 3,451,036.25 in the previous year[23] - The company's other income decreased by 48.07% year-over-year, totaling ¥5,028,319.93 due to reduced government subsidies[8] Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 33,187[11] - The largest shareholder, Shen Jinhua, holds 47.05% of the shares, with 110,435,518 shares pledged[11] Stock Options and Incentives - The stock option incentive plan was adjusted, reducing the number of reserved grant recipients from 410 to 343 and the number of stock options from 2,397,665 to 1,000,145[13] - As of October 31, 2023, the company issued 7,469,138 shares through the stock option incentive plan, with 961,434 shares issued in the third quarter[15] - The company plans to allow 819 recipients to exercise stock options in the third exercise period, with a total of 3,946,392 options expected to be exercised at a price of ¥12.85 per share[14] Operational Efficiency - Total operating costs decreased to ¥833,254,444.32 from ¥872,144,705.83, marking a reduction of approximately 4.5%[22] - Research and development expenses were ¥116,006,627.44, down from ¥142,828,824.30, indicating a decrease of about 18.7%[22] - The company's inventory decreased by 57.41% year-over-year, amounting to ¥5,398,191.60, indicating reduced stock levels[7] Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents decreased by 59.70% to ¥2,015,086.12, attributed to reduced volatility in the USD exchange rate[9]