JIT(SZ:003029)2022-10-26 16:00Financial Performance - The company's revenue for Q3 2022 was ¥77,411,356.38, a decrease of 42.66% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥38,765,769.87, representing a decline of 468.31% year-on-year[5]. - The basic earnings per share were -¥0.21, down 467.50% from the previous year[5]. - Total operating revenue for the current period was ¥291,313,220.97, a decrease of 26.5% from ¥396,111,248.52 in the previous period[30]. - The net profit for the current period was a loss of ¥58,026,644.39, compared to a profit of ¥37,429,207.55 in the previous period, marking a significant decline[31]. - The company experienced a total comprehensive loss of ¥58,026,644.39, compared to a comprehensive income of ¥37,117,130.68 in the previous period[31]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥1,761,234,780.78, a decrease of 6.68% from the end of the previous year[5]. - As of September 30, 2022, the company's total assets decreased to RMB 1,761,234,780.78 from RMB 1,887,336,121.49 at the beginning of the year[27]. - The company's current assets decreased to RMB 1,576,765,239.45 from RMB 1,744,165,608.98 at the beginning of the year[27]. - The company's total liabilities decreased to RMB 397,283,009.24 from RMB 475,158,966.60 at the beginning of the year[28]. - The company's equity attributable to shareholders decreased to RMB 1,331,718,844.95 from RMB 1,386,428,788.75 at the beginning of the year[28]. Cash Flow - The company reported a net cash flow from operating activities of -¥140,761,323.07, a decline of 113.21% compared to the same period last year[11]. - The company reported a net cash outflow from operating activities of ¥140,761,323.07, worsening from a smaller outflow of ¥66,020,580.37 in the previous period[32]. - Cash and cash equivalents at the end of the period decreased to ¥999,663,301.17 from ¥1,086,008,798.21, a decline of 8.0%[33]. - The company's cash and cash equivalents decreased to RMB 1,002,280,706.17 from RMB 1,232,896,943.38 at the beginning of the year[27]. Expenses - Research and development expenses increased by 45.07% to ¥73,736,051.57, driven by the recruitment of additional R&D personnel[10]. - The company experienced a 26.99% increase in sales expenses, totaling ¥114,934,107.50, due to market expansion efforts[10]. - Total operating costs decreased slightly to ¥356,154,233.69 from ¥360,557,896.38, with operating costs specifically dropping to ¥96,902,898.60 from ¥166,205,111.66, a reduction of 41.7%[30]. - The company reported a significant increase in sales expenses to ¥114,934,107.50 from ¥90,508,138.77, an increase of 27.0%[30]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,866[13]. - The top shareholder, Jilin Province Bowei Industrial Co., Ltd., holds 11.24% of shares, totaling 20,937,500 shares[13]. Strategic Initiatives - The company plans to accelerate business signing and delivery in Q4 to mitigate the impact of the first three quarters on annual performance[15]. - The company has introduced several management and technical talents to support business transformation, leading to increased labor costs[16]. - The company expanded its regional market presence from seven major marketing centers to over 20 provincial offices, aiming for a nationwide marketing and technical service network[17]. - The company has signed over 200 quality partners as part of its new "direct sales + channel" marketing model[17]. - Increased R&D investment in traditional product upgrades and new areas such as IoT, cloud computing, and industrial internet[18]. - The company is developing a cloud-native service model for password resources and enhancing product performance and stability[19]. - The company is focusing on data security solutions, including privacy computing and blockchain applications in education and government sectors[20]. - The company plans to invest RMB 50 million in the "Galaxy Jida Zhengyuan Digital Economy Industry Fund" with a 35% stake, amounting to RMB 17.5 million[21]. Stock and Audit - The company completed the repurchase and cancellation of 53,000 shares of restricted stock at a price of RMB 12.163 per share[24]. - The company plans to issue up to 13,653,000 shares through a private placement to raise no more than RMB 214.49 million for working capital[25]. - The company appointed Rongcheng Accounting Firm as the auditor for the 2022 fiscal year[26]. - The first unlock period of the 2021 restricted stock incentive plan allowed 1,484,100 shares to be listed for trading on July 13, 2022[23].