长川科技(300604) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥446,678,947.42, a decrease of 20.95% compared to the same period last year[3]. - The net profit attributable to shareholders was -¥19,152,982.64, representing a decline of 123.83% year-over-year[3]. - The net profit after deducting non-recurring gains and losses was -¥22,142,181.04, down 152.21% from the previous year[3]. - The company’s basic earnings per share for the period was -¥0.03, a decline of 121.43% compared to the same period last year[3]. - Net profit for Q3 2023 decreased to ¥12,513,277.35, a decline of 96.26% compared to the previous year due to reduced revenue and increased expenses[9]. - Total operating revenue for the current period was approximately $1.21 billion, a decrease of 31% from $1.75 billion in the previous period[21]. - The total profit for the current period was approximately $14.49 million, a decrease of 96% from $350.62 million in the previous period[22]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,557,790,366.33, an increase of 18.47% compared to the end of the previous year[3]. - The equity attributable to shareholders increased by 24.56% to ¥2,836,208,262.14 compared to the end of the previous year[3]. - Total assets as of September 30, 2023, reached CNY 5,557,790,366.33, an increase from CNY 4,691,261,983.58 at the beginning of the year[17]. - Total liabilities amounted to CNY 2,134,353,557.20, up from CNY 1,838,575,123.49, reflecting an increase of about 16.1%[19]. - The company's equity attributable to shareholders increased to CNY 2,836,208,262.14 from CNY 2,276,996,225.52, showing a growth of approximately 24.5%[19]. Cash Flow - The company reported a significant increase in cash flow from operating activities, with a net cash flow of -¥713,721,764.88, a decrease of 7,093.12% year-over-year[3]. - Cash received from tax refunds dropped by 45.01% to ¥77,501,327.13, primarily due to a large VAT refund received in the same period last year[9]. - Cash flow from investment recoveries surged by 400.00% to ¥200,000,000.00, mainly due to the redemption of financial products[9]. - Cash received from borrowings rose significantly by 469.77% to ¥714,503,132.70, attributed to increased bank loans for working capital and construction projects[9]. - The net cash flow from financing activities amounted to CNY 825,454,647.27, a significant increase from CNY 62,515,811.27 in the previous period[24]. - The total cash and cash equivalents at the end of the period reached CNY 926,295,038.19, up from CNY 608,096,263.72 year-over-year[24]. Expenses - The company experienced a significant increase in sales expenses, which rose to approximately $131.4 million, up 16% from $113.2 million in the previous period[21]. - Research and development expenses increased to approximately $525.6 million, up 17% from $450.1 million in the previous period[21]. - Cash paid to employees increased by 41.42% to ¥723,084,801.46, reflecting the company's growth and corresponding increase in personnel[9]. - The cash paid for dividends and interest increased by 32.03% to ¥83,026,796.78, reflecting higher cash dividends and loan interest repayments[9]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,090, with the largest shareholder holding 23.03%[11]. - The company reported a total of 6,871,118 shares issued for asset acquisition at a price of CNY 40.27 per share[16]. Other Information - The company has not yet adopted the new accounting standards for the current year[24]. - The third-quarter report has not been audited[25].