Optics Tech(SZ:300489)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥241,744,361, a decrease of 5.67% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥30,143,511, representing a 19.19% increase year-on-year[5]. - The net profit for the year-to-date period decreased by 63.91% to ¥134,221,600 compared to the same period last year[5]. - The total revenue for the period was CNY 720,947,645.45, a decrease of 0.33% compared to CNY 727,186,073.11 in the previous period[24]. - The company's net loss increased to CNY -163,984,836.22 from CNY -29,763,173.87, highlighting a deterioration in profitability[22]. - The net profit for Q3 2023 was -134,221,662.35 CNY, compared to -81,888,577.85 CNY in Q3 2022, representing a year-over-year decline of approximately 64%[25]. - Total comprehensive income for the period was -134,301,856.93 CNY, compared to -81,853,520.57 CNY in the same quarter last year, indicating a decline of around 64%[26]. Assets and Liabilities - The company's total assets increased by 9.20% to ¥3,210,628,550.67 compared to the beginning of the year[5]. - The total liabilities increased to CNY 3,019,565,697.81 from CNY 2,641,694,796.23, reflecting a rise in financial obligations[22]. - The company's non-current assets totaled CNY 2,050,649,626.51, up from CNY 1,848,625,572.10, indicating investment in long-term resources[22]. - Cash and cash equivalents at the end of the period were 14,567,595.67 CNY, a significant decrease from 126,434,074.41 CNY at the end of Q3 2022[29]. Cash Flow - Cash flow from operating activities for the year-to-date period increased by 84.75% to ¥4,049,203[5]. - The total net cash flow from operating activities for the third quarter was -4,049,203.32 RMB, an improvement of 84.75% compared to -26,551,885.97 RMB in the same period last year[9]. - The net cash flow from financing activities decreased by 80.41% to 77,110,922.81 RMB from 393,657,075.02 RMB, primarily due to increased debt repayment expenditures[9]. - The total cash outflow from investing activities was -169,334,107.02 CNY, an improvement from -413,685,131.81 CNY in the same period last year[28]. Expenses - Operating costs increased to CNY 900,648,708.45, up from CNY 821,545,941.79 in the previous period, representing a significant rise[24]. - Research and development expenses increased by 110.84% to 163,792,408.88 RMB from 77,684,518.04 RMB year-on-year, reflecting a significant increase in R&D personnel and investment[9]. - Sales expenses rose by 53.93% to 13,624,770.65 RMB from 8,851,317.92 RMB, mainly due to an increase in the number of sales personnel and their compensation[9]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,630, with no preferred shareholders[11]. - The largest shareholder, Foshan Yuebang Investment Co., Ltd., holds 27.02% of the shares, amounting to 37,200,000 shares, with 29,105,000 shares pledged[11]. - The board of directors and senior management committed to not selling their shares for the next six months, reflecting confidence in the company's future[18]. Other Information - The company received government subsidies amounting to ¥14,905,707.57 related to specific projects[6]. - The company plans to invest up to 300 million RMB in the construction of dormitory buildings and the second phase of the infrared optical and radiation detector industrialization project[16]. - The company implemented new accounting standards starting January 1, 2023, which did not have a significant impact on its financial position and operating results[30]. - The adjustments to the financial statements included deferred tax assets of ¥775,869.22, deferred tax liabilities of ¥891,414.78, and retained earnings impact of -¥115,545.56[30]. - The third quarter report was not audited[31].