捷荣技术(002855) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥432,349,896.75, a decrease of 39.13% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥6,714,751.56, representing a decline of 141.63% year-on-year[5]. - For the first nine months of 2023, the company reported a total revenue of ¥1,379,178,556.98, down 34.11% from the previous year[5]. - The net profit attributable to shareholders for the first nine months was -¥53,603,306.27, a decrease of 153.23% compared to the same period last year[5]. - The net profit for Q3 2023 was -53,756,034.29 CNY, compared to -25,698,942.46 CNY in Q3 2022, indicating a significant increase in losses[23]. - The net profit attributable to the parent company was -53,603,306.27 CNY, worsening from -21,167,950.46 CNY year-over-year[23]. - The total comprehensive income for Q3 2023 was -50,686,563.77 CNY, compared to -32,426,021.34 CNY in the same period last year[23]. - Earnings per share decreased by 153.49% year-on-year, driven by the reduction in net profit[11]. Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥2,309,585,927.82, down 11.34% from the end of the previous year[5]. - The company's equity attributable to shareholders decreased by 4.94% to ¥971,765,699.54 compared to the end of the previous year[5]. - The company's current liabilities totaled CNY 973,054,836.12, down from CNY 1,423,787,662.13 at the beginning of the year[20]. - The company's cash and cash equivalents decreased to CNY 181,587,388.86 from CNY 251,661,304.97 at the beginning of the year[19]. Cash Flow - Cash flow from operating activities decreased by 181.08% compared to the same period last year, attributed to a decline in revenue and increased payments for bank acceptance bills[11]. - Operating cash flow for Q3 2023 was -72,941,872.78 CNY, a decline from 89,965,185.85 CNY in Q3 2022[26]. - Cash inflow from operating activities totaled 1,733,363,276.47 CNY, down from 2,195,182,363.12 CNY year-over-year[26]. - Cash outflow from operating activities was 1,806,305,149.25 CNY, compared to 2,105,217,177.27 CNY in the previous year[26]. - The net cash flow from financing activities was 52,041,969.22 CNY, a recovery from -76,981,823.52 CNY in Q3 2022[27]. - The cash and cash equivalents at the end of Q3 2023 stood at 170,100,553.97 CNY, down from 264,383,064.95 CNY at the end of Q3 2022[27]. Operational Changes - The company is actively optimizing its personnel and cost structure while enhancing market development and customer service efforts in response to a challenging market environment[9]. - R&D expenses decreased by 36.30% compared to the same period last year, mainly due to personnel optimization[11]. - Research and development expenses for the third quarter of 2023 were CNY 42,911,015.48, down 36.3% from CNY 67,362,215.31 in the previous year[21]. Financing and Investments - The company received cash from borrowings increased by 200% year-on-year, indicating new borrowings during the reporting period[12]. - The company’s cash flow from investing activities decreased by 58.21% year-on-year, reflecting reduced capital expenditures on projects and equipment[11]. - The company has a total credit line of up to CNY 2 billion for 2023, with an effective utilization of approximately CNY 397 million as of September 30, 2023[17]. Market and Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 69,838[13]. - The controlling shareholder, Jierong Group, plans to transfer 29.9% of its shares, totaling 73,679,484 shares, to private equity firms[18]. - The company has approved a foreign exchange hedging business with a maximum balance of approximately RMB 475 million, not exceeding 50% of the latest audited net assets[15]. Inventory and Receivables - Inventory decreased by 31.71% compared to the beginning of the year, reflecting a reduction in stock due to declining revenue[10]. - The company experienced a 227.94% increase in receivables financing compared to the beginning of the year, attributed to increased transactions settled by bank acceptance bills[10]. - The company reported a 603.45% increase in advance receipts, primarily due to increased rental prepayments during the reporting period[10].