JIT(SZ:003029)2023-10-29 16:00Financial Performance - The company's revenue for Q3 2023 was ¥61,546,213.51, a decrease of 20.49% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥51,058,397.88, down 31.71% year-on-year[5]. - The basic earnings per share for Q3 2023 was -¥0.28, reflecting a decline of 33.33% compared to the previous year[5]. - Total operating revenue for Q3 2023 reached CNY 323,476,963.77, an increase of 11.0% compared to CNY 291,313,220.97 in the same period last year[29]. - Net loss for Q3 2023 was CNY 72,217,829.66, compared to a net loss of CNY 58,026,644.39 in Q3 2022, reflecting a decline in profitability[30]. - The company reported a gross profit margin of approximately -24.7% for Q3 2023, compared to -18.6% in the same quarter last year[29]. - Basic and diluted earnings per share for Q3 2023 were both -0.46, compared to -0.36 in the same quarter last year[30]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,688,422,480.59, a decrease of 7.85% from the end of the previous year[5]. - The total liabilities decreased to CNY 383,160,770.92 from CNY 438,935,701.46, indicating a reduction in financial obligations[29]. - The total equity attributable to shareholders of the parent company decreased to CNY 1,260,297,423.95 from CNY 1,357,189,557.38, reflecting a decline in shareholder value[29]. - The company’s long-term equity investments decreased slightly from RMB 25,486,035.55 to RMB 24,930,075.39 during the same period[26]. Cash Flow - The cash flow from operating activities showed a net outflow of -¥217,907,562.85, which is a 54.81% decrease compared to the same period last year[5]. - Operating cash inflow for the period was CNY 362,119,951.26, an increase from CNY 351,487,771.18 in the previous period[31]. - Net cash outflow from operating activities was CNY -217,907,562.85, compared to CNY -140,761,323.07 in the prior period[31]. - Cash flow from investment activities resulted in a net outflow of CNY -389,399,573.40, significantly higher than CNY -44,893,281.47 in the previous year[31]. - Cash flow from financing activities showed a net outflow of CNY -39,553,397.14, compared to CNY -42,557,232.67 in the prior period[32]. - The ending cash and cash equivalents balance was CNY 443,877,435.07, down from CNY 999,663,301.17 at the end of the previous period[32]. - The company reported a decrease in cash received from sales of goods and services to CNY 328,525,565.92 from CNY 309,934,305.93[31]. - Total cash outflow for operating activities was CNY 580,027,514.11, compared to CNY 492,249,094.25 in the previous period[31]. - The company recorded a decrease in tax refunds received to CNY 9,311,856.52 from CNY 14,975,515.44[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,164[12]. - The top shareholder, Jilin Province Bowei Industrial Co., Ltd., holds 11.35% of shares, totaling 20,937,500 shares[12]. - The second-largest shareholder, Shanghai Yunxin Venture Capital Co., Ltd., owns 11.00% of shares, amounting to 20,300,000 shares[12]. - The company has a pledge of 6,000,000 shares by Jilin Province Yingcai Investment Co., Ltd., which holds 5.42% of shares[12]. - The total number of shares held by the top ten unrestricted shareholders is 29,000,000 shares[12]. Strategic Developments - The company plans to issue up to 11,439,127 shares to raise a total of 179.7987 million RMB for working capital[15]. - The company received approval from the China Securities Regulatory Commission for the share issuance on July 4, 2023[16]. - The strategic development plan for 2023-2025 was approved, outlining macro, meso, and micro strategies for growth[17]. - The company extended the validity of the share issuance resolution until June 27, 2024[16]. - The company has established a unified action agreement among major shareholders to maintain voting consistency[13]. Research and Development - The company reported a significant increase in investment in research and development, with development expenditures rising by 1112.27% to ¥11,211,069.57[8]. - Research and development expenses increased to CNY 80,176,880.24, representing a rise of 8.5% from CNY 73,736,051.57 in the previous year[29]. Inventory and Operating Costs - The company reported a significant increase in inventory, which rose by 31.54% to ¥197,660,814.81 due to increased stockpiling[8]. - The company experienced a 44.13% increase in operating costs, totaling ¥139,669,346.97, primarily due to growth in its cybersecurity business[9]. - The company reported an increase in inventory from RMB 150,261,667.13 at the beginning of the year to RMB 197,660,814.81 as of September 30, 2023[26]. - Total operating costs amounted to CNY 403,265,279.21, up 13.2% from CNY 356,154,233.69 year-on-year[29]. - The company reported a significant increase in sales expenses, which reached CNY 126,704,718.85, up from CNY 114,934,107.50 year-on-year[29]. Management and Governance - The company completed the election of its ninth board of directors and supervisory board members, along with the appointment of senior management personnel[21]. - The company adjusted the internal investment structure of its fundraising projects to improve the efficiency of fund usage[23]. - The company plans to pay RMB 4.05 million for heating services from its related party, Jilin Yuguang Thermal Power Co., Ltd., for its information security industrial park project[24]. Other Information - The company has not audited the third-quarter report[34]. - The company adjusted its financial statements under new accounting standards, reducing retained earnings by CNY 51,975.56[33].