DNT(SZ:300245)2023-10-26 16:00Non-Recurring Gains and Losses - Non-recurring gains and losses for the reporting period amounted to RMB 2,620,428.45, with a cumulative amount of RMB 9,559,772.02 from the beginning of the year to the end of the reporting period[1] - Government subsidies recognized in the current period totaled RMB 1,391,214.30, with a cumulative amount of RMB 6,605,000.00[1] - Gains from changes in fair value of financial assets and liabilities, and investment income from disposal of financial assets amounted to RMB 1,226,943.26 for the reporting period, with a cumulative amount of RMB 2,914,281.33[1] Asset Changes - Total assets as of the end of the reporting period were RMB 1,584,728,685.05, a decrease from RMB 1,732,538,240.44 at the beginning of the period[2] - Inventory increased to RMB 54,646,893.13 from RMB 38,520,735.09 at the beginning of the period[2] - Contract assets increased to RMB 181,785,203.89 from RMB 164,806,689.61 at the beginning of the period[2] - Cash and cash equivalents decreased by 35.94% from 699,618,906.70 to 448,198,551.70 due to the use of idle funds for cash management and the purchase of brokerage income certificates[20] - Accounts receivable decreased by 63.26% from 181,500,974.63 to 66,690,567.50 due to increased sales collections[20] - Prepayments increased by 120.37% from 23,305,300.75 to 51,358,281.11 due to increased prepayments for goods and services[20] - Other current assets increased by 2270.59% from 7,422,094.28 to 175,947,490.29 due to the use of idle funds for cash management and the purchase of brokerage income certificates[20] - Intangible assets increased by 48.28% from 6,428,596.94 to 9,532,210.12 due to the capitalization of R&D expenditures[20] - Deferred tax assets increased by 81.76% from 7,648,396.25 to 13,901,622.77 due to increased unrecognized losses[20] - Accounts payable decreased by 48.48% from 173,830,919.40 to 89,552,713.32 due to increased payments for goods and services[20] - Contract liabilities increased by 100.09% from 23,900,591.71 to 47,823,629.51 due to increased advance payments for goods[20] - Total assets decreased by 8.53% to RMB 1.58 billion compared to the end of the previous year[9] Cash Flow - Net cash flow from operating activities was negative RMB 76,468,988.78 for the reporting period, with a cumulative negative amount of RMB 165,673,119.82[3] - Net cash flow from investing activities was negative RMB 173,917,316.63 for the reporting period, with a cumulative negative amount of RMB 27,738,882.02[3] - Net cash flow from financing activities was negative RMB 2,670,903.03 for the reporting period, with a cumulative negative amount of RMB 75,531,187.12[3] - The company's net cash flow from operating activities improved by 53.84% to a loss of RMB 76.47 million[9] Revenue and Profit - Revenue for the reporting period decreased by 35.25% to RMB 71.33 million compared to the same period last year[9] - Net profit attributable to shareholders of the listed company decreased by 4,068.99% to a loss of RMB 16.68 million[9] - Basic earnings per share decreased by 100% to a loss of RMB 0.05[9] - Weighted average return on equity decreased by 1.14 percentage points to -1.17%[9] - The company's total comprehensive income for the period was a loss of RMB 41.47 million[6] - The company's total comprehensive income attributable to minority shareholders was a loss of RMB 1.44 million[6] - The company's total comprehensive income attributable to owners of the parent company was a loss of RMB 40.03 million[6] - The company's diluted earnings per share decreased by 100% to a loss of RMB 0.05[9] - Net profit for the quarter was -42,997,646.81, compared to -21,743,139.37 in the previous period[28] - Net profit attributable to parent company shareholders was -41,559,593.65, compared to -19,615,424.06 in the previous period[28] Operational Performance - The company continued to actively expand its market in line with its 2023 business plan, with all operations proceeding normally and no significant matters requiring special attention[5] - Total operating revenue decreased from 259,594,904.80 to 223,791,768.69, a decrease of 13.79%[17] - Operating loss widened to -55,838,071.63 from -22,726,893.67, reflecting increased operational challenges[28] - Credit impairment losses increased to 7,246,506.89 from 4,902,752.36, suggesting higher credit risk[28] Expenses and Investments - R&D expenses decreased to 32,516,146.77 from 38,639,422.40, indicating a reduction in investment in new technologies[28] - Sales expenses increased to 31,021,840.42 from 25,796,231.37, reflecting higher marketing and sales efforts[28] - Financial income from interest was 7,804,045.49, up from 10,347,739.21, showing a decrease in interest income[28] Equity and Liabilities - Total liabilities decreased to 165,714,310.65 from 272,058,301.54, a significant reduction[26] - Total equity increased to 1,419,014,374.40 from 1,460,479,938.90, indicating a slight growth in shareholder equity[26] - Other comprehensive income after tax for the parent company was 1,532,082.31, down from 4,581,559.99[28]