CFLED(SZ:300301)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 was ¥125,293,317.08, a decrease of 20.61% compared to the same period last year[4]. - Total operating revenue for the third quarter was ¥451,142,298.07, a decrease of 24% compared to ¥592,743,670.78 in the same period last year[21]. - The net profit attributable to shareholders was -¥28,841,972.95, representing an increase of 17.81% in losses year-over-year[4]. - Net profit for the period was a loss of ¥81,229,156.22, compared to a loss of ¥108,002,187.45 in the previous year, showing an improvement of approximately 25%[22]. - Basic and diluted earnings per share were both -¥0.1028, compared to -¥0.1367 in the same period last year[23]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥26,057,060.42, an improvement of 67.43% compared to the previous year[11]. - The company reported a net cash outflow from operating activities of ¥26,057,060.42, an improvement from a net outflow of ¥80,011,189.03 in the same period last year[24]. - The net cash flow from financing activities was 46,364,788.38 CNY, up from 13,276,781.17 CNY in the same period last year[25]. - Cash inflow from financing activities totaled 418,045,450.57 CNY, an increase from 305,214,848.01 CNY year-over-year[25]. - The company reported a net increase in cash and cash equivalents of 14,957,926.46 CNY, contrasting with a decrease of 62,706,204.01 CNY in the previous year[25]. Assets and Liabilities - Total assets decreased by 14.13% from the end of the previous year, amounting to ¥854,667,474.65[4]. - Total liabilities decreased to ¥741,422,052.32 from ¥802,594,465.97, reflecting a reduction of approximately 8%[22]. - The equity attributable to shareholders decreased by 41.36% to ¥112,621,139.67 compared to the end of the previous year[4]. - Current liabilities decreased from ¥724,001,982.54 to ¥682,845,047.84, a reduction of approximately 5.6%[18]. - Non-current assets decreased from ¥617,858,372.10 to ¥575,558,785.14, a decline of about 6.8%[18]. Inventory and Receivables - The company's inventory decreased by 31.33% to ¥69,710,392.19, attributed to seasonal sales changes[9]. - Accounts receivable decreased from ¥162,075,770.88 to ¥143,944,655.82, representing a reduction of about 11.1%[17]. - Inventory decreased from ¥101,514,547.07 to ¥69,710,392.19, a decrease of approximately 31.2%[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 25,433[12]. - The largest shareholder, Nanchang Xiangping Technology Group Co., Ltd., holds 9.93% of shares, totaling 78,478,085 shares[12]. - The company has identified Nanchang Xiangping Technology Group Co., Ltd. and Nanchang Xinwang Capital Enterprise (Limited Partnership) as acting in concert, with the former being the controlling shareholder[12]. Other Financial Metrics - Research and development expenses were ¥41,505,898.08, down 21% from ¥52,808,574.28 year-on-year[21]. - Other income decreased by 38.72% to ¥7,246,256.44, primarily due to reduced government subsidies received[10]. - The company reported a 286.58% increase in other expenses, totaling ¥2,635,405.34, mainly due to increased overdue interest related to litigation[10]. - Deferred income decreased to ¥30,749,549.38 from ¥35,942,596.44, a reduction of about 14%[22]. Audit and Reporting - The company has not undergone an audit for the third quarter report[26]. - The report was released by the board of directors on October 26, 2023[26].