古鳌科技(300551) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥141,546,837.62, a decrease of 3.44% compared to the same period last year, while year-to-date revenue increased by 26.33% to ¥432,943,951.71[5] - The net profit attributable to shareholders for Q3 2023 was -¥24,897,169.79, representing a significant decline of 335.66% year-on-year, with a year-to-date net profit of -¥48,732,818.93, down 78.11%[5] - The basic and diluted earnings per share for Q3 2023 were both -¥0.07, reflecting a 600.00% decrease compared to the same period last year[5] - The company reported a net cash flow from operating activities of -¥122,154,663.16, a decline of 136.64% compared to the same period last year[9] - The company experienced a significant decline in investment income, reporting -¥12,125,196.68, a decrease of 3770.31% due to losses from investments in a subsidiary[9] - The company reported a decrease in cash and cash equivalents from 657,272,516.20 yuan at the beginning of the year to 405,541,316.11 yuan as of September 30, 2023[23] - The net profit for Q3 2023 was -48,525,451.97 CNY, compared to -24,508,183.40 CNY in Q3 2022, indicating a significant increase in losses[28] - Total comprehensive income for the period was -48,525,528.67 CNY, compared to -24,508,527.29 CNY in the same period last year[29] - The company reported a basic and diluted earnings per share of -0.14 CNY, compared to -0.08 CNY in the previous year[29] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥1,905,434,309.26, an increase of 19.99% from the end of the previous year[5] - As of September 30, 2023, total assets amounted to 1,905,434,309.26 yuan, an increase from 1,587,996,728.80 yuan at the beginning of the year[25] - Total liabilities as of September 30, 2023, were 800,462,503.16 yuan, compared to 498,968,384.56 yuan at the beginning of the year[25] - The company’s total liabilities increased, impacting its financial stability, with significant cash outflows noted in financing activities[32] Investment Activities - The company's long-term equity investments increased by 1489.48% to ¥421,326,583.66, primarily due to investments in a new technology company[9] - The company plans to acquire a 100% stake in Shanghai Haoyuan Gu and increase its registered capital by 210 million RMB[18] - The total investment into Shanghai Haoyuan Gu and New Storage Technology will amount to 410 million RMB, with the company contributing 370 million RMB[18] - The company invested 410 million yuan in New Storage Technology (Wuhan) Co., Ltd., acquiring a 31.3936% stake[19] - The company established a wholly-owned subsidiary, Shanghai Guao Semiconductor Co., Ltd., on August 8, 2023[19] - A strategic cooperation agreement was signed with New Storage Technology for the joint investment in a module packaging and testing service company with a registered capital of 2 million yuan, where Guao Technology holds 51%[19] - The company has not yet received the performance compensation of 33,585,996.47 RMB from Donggao Technology due to unmet profit commitments for 2022[16] - As of the report date, the acquisition of Bitai Technology is still pending due to obstacles in the audit and evaluation process[15] - The company is in discussions with the future fund regarding the acquisition of Bitai Technology and will comply with disclosure obligations as required by law[15] Shareholder Information - The total number of common stock shareholders at the end of the reporting period is 9,909[11] - The largest shareholder, Chen Chongjun, holds 24.42% of shares, totaling 84,432,686 shares, with 59,500,000 shares pledged and 12,807,639 shares frozen[11] - The controlling shareholder, Chen Chongjun, holds 84,432,686 shares, representing 24.83% of the company's equity, with 59.5 million shares pledged[21] - The company has released 6,200,000 restricted shares from Chen Chongjun, reducing his total restricted shares to 84,432,686[13] - The company has a total of 90,766,685 restricted shares, with various executives having specific release conditions[13] Operational Costs and Expenses - Sales expenses for Q3 2023 were ¥292,725,026.93, a rise of 52.95% year-on-year, driven by increased employee compensation and sales channel costs[9] - Total operating costs for the current period were 464,363,839.22 yuan, compared to 365,700,052.95 yuan in the previous period[27] - The company’s sales expenses rose to 292,725,026.93 CNY from 191,388,715.34 CNY, marking an increase of approximately 53%[28] - Research and development expenses increased to 40,739,769.91 CNY from 38,251,868.90 CNY, showing a rise of about 6.5%[28] Cash Flow - The company’s cash flow from financing activities decreased by 94.46% to ¥27,667,443.69, primarily due to reduced cash inflow from a previous private placement[9] - Investment activities resulted in a net cash outflow of -159,989,746.60 CNY, compared to -4,160,731.72 CNY in the previous year[32]