Financial Performance - The company's revenue for Q3 2023 reached ¥470,655,071.61, representing a 26.89% increase year-over-year, and a total revenue of ¥1,373,650,718.35 for the year-to-date, up 45.60% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 68.06% in Q3 2023 to ¥3,943,608.89, with a year-to-date net profit of ¥7,240,836.25, down 64.84% year-over-year[5] - The basic and diluted earnings per share for Q3 2023 were both ¥0.0164, reflecting a decline of 68.16% compared to the same quarter last year[5] - The company reported a significant increase in minority shareholder profit by 17,816.05% year-on-year to CNY 3,111,932.27, mainly due to increased profits from foreign subsidiaries[15] - The company reported a net profit of ¥29,316,531.58 for Q3 2023, compared to a net profit of ¥27,247,458.20 in Q3 2022, reflecting an increase of about 7.6%[26] - The net profit for Q3 2023 was CNY 10,352,768.52, a decrease of 49.7% compared to CNY 20,576,455.71 in Q3 2022[27] - The company reported a total comprehensive income of CNY 11,127,711.10 for Q3 2023, down from CNY 24,185,684.86 in Q3 2022[27] Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥2,393,515,918.92, a slight increase of 0.71% from the end of the previous year[5] - The total equity attributable to shareholders at the end of Q3 2023 was ¥760,866,039.97, a 0.78% increase from the previous year-end[5] - Total assets amounted to ¥2,393,515,918.92 as of September 30, 2023, compared to ¥2,376,648,307.18 at the start of the year, showing a slight increase of about 0.7%[25] - Total liabilities were ¥1,617,915,256.17, a marginal increase from ¥1,610,896,252.70, indicating a growth of approximately 0.4%[25] - The company’s total equity increased to ¥775,600,662.75 from ¥765,752,054.48, representing a growth of approximately 1.1%[26] Cash Flow - Cash flow from operating activities showed a significant decline, with a net outflow of ¥63,199,637.22, down 103.11% year-over-year[5] - The net cash flow from operating activities decreased by 103.11% year-on-year to -CNY 63,199,637.22, mainly due to cash payments for operating activities[16] - The net cash flow from financing activities increased by 34.53% year-on-year to -CNY 10,909,467.02, primarily due to an increase in bank borrowings[16] - Cash and cash equivalents decreased to ¥208,020,617.11 as of September 30, 2023, down from ¥309,257,290.86 at the beginning of the year, a decline of about 32.6%[24] - Cash and cash equivalents at the end of Q3 2023 were CNY 200,220,617.11, compared to CNY 147,658,820.02 at the end of Q3 2022[29] - The net cash flow from investing activities was CNY -34,214,542.69, an improvement from CNY -47,226,208.23 in Q3 2022[29] - The total operating cash outflow was CNY 1,410,456,307.17, up from CNY 913,980,623.70 in Q3 2022[28] Operating Costs and Expenditures - Operating costs increased to CNY 1,072,556,325.21, a year-on-year increase of 57.87%, mainly driven by the rise in costs associated with increased revenue and changes in revenue structure[13] - Research and development expenses increased to ¥51,943,985.82 in Q3 2023, compared to ¥43,997,451.84 in Q3 2022, reflecting a growth of approximately 18%[26] - The company reported a 79.10% increase in development expenditures, totaling ¥17,798,302.13, indicating a focus on R&D investment[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,939[18] - The largest shareholder, Guangzhou Hengmao Venture Capital Partnership, holds 15.30% of the shares, amounting to 36,705,964 shares[18] Other Income and Expenses - Financial expenses rose to CNY 34,377,187.81, reflecting a year-on-year increase of 34.74%, primarily due to reduced exchange gains and increased interest expenses[13] - Other income increased by 86.19% year-on-year to CNY 21,320,709.80, mainly due to an increase in tax refunds received[13] - Investment income surged by 95.39% year-on-year to CNY 4,097,759.85, primarily influenced by the merger price difference from subsidiaries[13]
航新科技(300424) - 2023 Q3 - 季度财报