华星创业(300025) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥185,515,287.52, representing a year-on-year increase of 3.09% and a cumulative revenue of ¥518,720,290.23 for the year, up 8.95%[6] - The net profit attributable to shareholders was -¥3,923,184.38, a decrease of 185.84% compared to the same period last year, with a cumulative net profit of -¥17,621,555.17, down 255.33%[6] - The basic earnings per share for Q3 2023 was -¥0.0077, a decline of 181.05%, with a diluted earnings per share also at -¥0.0077, down 181.91%[6] - The company achieved operating revenue of CNY 518.72 million for the first nine months of 2023, an increase of 8.95% year-on-year[21] - The net profit for the same period was a loss of CNY 17.62 million, impacted by share-based payment of CNY 16.13 million and amortization of CNY 8.18 million related to the SanTi authorization[21] - Excluding the effects of share-based payments and SanTi authorization amortization, the company realized a net profit of CNY 6.69 million[21] - Net profit for Q3 2023 was a loss of ¥19,292,396.53, compared to a profit of ¥11,110,063.81 in Q3 2022, indicating a significant decline[30] - The company reported a net loss attributable to the parent company of CNY -17,621,555.17, compared to a profit of CNY 78,058,846.89 in the previous period[31] - The basic and diluted earnings per share were both CNY -0.0349, a decline from CNY 0.0255 and CNY 0.0254 respectively in the previous period[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥955,661,191.31, an increase of 1.94% from the end of the previous year[6] - The company's total assets as of Q3 2023 amounted to ¥955,661,191.31, slightly up from ¥937,473,085.23 at the end of the previous period[27] - Total liabilities increased to ¥271,891,339.91 in Q3 2023 from ¥263,913,848.30 in Q3 2022, reflecting a growth of 3.7%[27] - The company's cash and cash equivalents decreased to ¥651,180,962.39 from ¥756,234,818.53, a decline of 13.9%[27] - The equity attributable to shareholders of the parent company was ¥685,065,753.32, up from ¥673,184,297.49, showing an increase of 1.3%[27] - The company reported a significant increase in accounts payable, which rose to ¥92,318,313.06 from ¥76,652,938.33, an increase of 20.5%[27] Cash Flow - Cash flow from operating activities showed a net outflow of -¥9,371,944.11, a decrease of 122.52%[6] - The net cash flow from operating activities decreased by 122.52% year-on-year, primarily due to reduced project receipts compared to the previous year[18] - The net cash flow from investing activities decreased by 147.34% year-on-year, mainly due to a CNY 100 million payment for licensing fees to SanTi Universe[18] - The net cash flow from financing activities decreased by 102.76% year-on-year, as there were no additional stock issuances this period compared to the previous period's non-directed stock issuance to the controlling shareholder[18] - Operating cash flow generated a net outflow of CNY -9,371,944.11, a significant decrease from a net inflow of CNY 41,623,103.97 in the previous period[35] - Total cash and cash equivalents at the end of the period were CNY 183,806,844.47, down from CNY 249,377,214.79 at the beginning of the period[36] - The company received CNY 559,043,749.74 from sales of goods and services, compared to CNY 585,275,137.05 in the previous period[33] - Cash outflows for purchasing goods and services amounted to CNY 415,912,267.46, an increase from CNY 396,953,886.86 in the previous period[35] - Investment activities resulted in a net cash outflow of CNY -46,610,331.90, worsening from CNY -18,844,782.24 in the previous period[35] - Financing activities generated a net cash outflow of CNY -4,906,070.03, compared to a net inflow of CNY 177,819,345.12 in the previous period[35] - The company received CNY 13,370,136.00 from investment activities, a decrease from CNY 344,800,800.00 in the previous period[35] Expenses - The company's management expenses increased by 58.09% year-on-year, primarily due to stock incentive expenses of ¥16,132,900 and amortization of licensing fees of ¥8,176,100[13] - Financial expenses decreased by 83.64% year-on-year, attributed to a reduction in financing scale and an increase in interest income from deposits[13] - The company's inventory increased by 55.42% compared to the beginning of the period, mainly due to an increase in contract performance costs[13] - The company's intangible assets increased by 5684.41% compared to the beginning of the period, primarily due to the acquisition of licensing rights from "Three-Body Universe"[13] - Research and development expenses increased to ¥21,993,919.98 in Q3 2023, compared to ¥19,878,075.72 in Q3 2022, marking an increase of 10.6%[30] Strategic Initiatives - The company is actively exploring 5G+ application scenarios, with a focus on AR and 3D digital human technologies, which are seen as potential breakthrough applications[21] - The company showcased its AR application at the recently concluded 81st World Science Fiction Convention, indicating its commitment to innovation[21] - The company plans to continue investing in new technologies and market expansion strategies to improve future performance[30] Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 13.892 million[18] - The largest shareholder, Hangzhou Zhaoxiang Network Technology Co., Ltd., holds 23.82% of the shares, amounting to 121,194,010 shares, with 44,430,000 shares pledged[18] Operating Costs - Total operating revenue for Q3 2023 reached ¥518,720,290.23, an increase of 8.8% compared to ¥476,114,677.50 in Q3 2022[28] - Total operating costs for Q3 2023 were ¥546,116,114.19, up from ¥492,410,375.39 in the same period last year, reflecting a rise of 10.9%[28]