兴民智通(002355) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥189,111,813.50, a decrease of 5.00% compared to ¥199,057,245.29 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥55,579,557.79, representing a significant increase of 37.31% from ¥88,661,583.37 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥68,131,906.04, up 30.93% from ¥98,644,195.13 in the previous year[5]. - The company's net loss increased to CNY -1,332,180,711.90 from CNY -1,153,784,678.90 year-over-year, indicating ongoing financial challenges[15]. - The net profit for Q3 2023 was -182,281,719.98 CNY, compared to -261,255,966.44 CNY in Q3 2022, showing an improvement of approximately 30% year-over-year[16]. - Basic and diluted earnings per share for Q3 2023 were both -0.2874 CNY, compared to -0.4143 CNY in the same period last year, indicating a reduction in losses[17]. - The total comprehensive income for Q3 2023 was -181,501,225.87 CNY, compared to -258,627,798.97 CNY in Q3 2022, showing a year-over-year improvement of about 30%[16]. - The company reported a decrease in operating profit, with a loss of -162,449,877.89 CNY in Q3 2023, compared to -257,696,861.86 CNY in Q3 2022, marking an improvement of approximately 37%[16]. Cash Flow and Liquidity - The net cash flow from operating activities for the period was ¥11,304,969.37, a sharp decline of 82.59% compared to ¥64,940,987.91 in the same period last year[5]. - Cash flow from operating activities generated a net cash inflow of 11,304,969.37 CNY, down from 64,940,987.91 CNY in Q3 2022, reflecting a decrease of about 83%[17]. - The company's cash and cash equivalents decreased to CNY 86,390,153.94 from CNY 95,017,132.13, highlighting liquidity concerns[13]. - Cash and cash equivalents at the end of Q3 2023 were 50,055,004.16 CNY, compared to 34,327,585.43 CNY at the end of Q3 2022, indicating an increase of approximately 46%[18]. - The net cash outflow from investing activities was -14,979,231.55 CNY, compared to -47,495,275.34 CNY in the previous year, reflecting a reduction in cash outflow by about 68%[18]. - Cash flow from financing activities resulted in a net outflow of -4,593,110.14 CNY, an improvement from -51,825,307.28 CNY in Q3 2022, indicating a significant reduction in financing losses[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,415,471,365.42, down 6.45% from ¥2,580,684,673.29 at the end of the previous year[5]. - Current assets decreased to CNY 729,843,630.19 from CNY 838,243,725.26, primarily due to a reduction in cash and inventory levels[13]. - Inventory levels dropped significantly to CNY 403,134,270.28 from CNY 501,284,917.67, suggesting potential issues in sales or production[13]. - Non-current assets totaled CNY 1,685,627,735.23, down from CNY 1,743,784,402.96, indicating a decline in long-term investments[14]. - Total liabilities increased to CNY 1,218,579,241.35 from CNY 1,203,549,663.02, reflecting a rise in short-term borrowings[14]. - The total equity attributable to shareholders decreased to CNY 1,213,590,394.13 from CNY 1,391,205,933.02, reflecting the impact of accumulated losses[15]. Research and Development - Research and development expenses for the period were ¥5,345,191.87, a decrease of 57.40% compared to ¥12,547,937.07 in the previous year, indicating a shift in strategy towards cost management[9]. - Research and development expenses were CNY 5,345,191.87, down from CNY 12,547,937.07, indicating a potential slowdown in innovation[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 67,460, with the top ten shareholders holding a combined 22.73% of the total shares[11]. Accounting Policies - The company has implemented a retrospective adjustment in accounting policies effective from January 1, 2023, impacting the financial statements[5].