富瀚微(300613) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥465,803,614.02, a decrease of 16.51% year-over-year, and a decline of 21.63% for the year-to-date period[19]. - Net profit attributable to shareholders for Q3 2023 was ¥51,301,681.22, down 51.23% compared to the same period last year, with a year-to-date decline of 48.25%[19]. - The company’s operating income has decreased significantly, leading to a reduction in net profit margins[23]. - Total operating revenue for Q3 2023 was ¥1,349,326,579.93, a decrease of approximately 21.6% compared to ¥1,721,795,176.47 in the same period last year[47]. - The net profit for the current period is approximately ¥178.37 million, a decrease of 42.95% compared to ¥312.67 million in the previous period[23]. - The net profit attributable to shareholders of the parent company is approximately ¥179.79 million, down 48.25% from ¥347.44 million year-on-year[23]. - The total profit for the period was CNY 179 million, down from CNY 343 million, representing a decrease of approximately 47.8%[49]. Cash Flow and Liquidity - The company maintained a healthy cash flow, with operating cash flow for the year-to-date period at ¥172,627,946.59, a decrease of 47.58% year-over-year[19]. - Net cash flow from operating activities was ¥258,036,710.36, an increase of 7.4% from ¥239,737,553.82 in the previous year[37]. - Cash and cash equivalents at the end of Q3 2023 amounted to ¥1,569,727,699.17, up from ¥1,316,680,495.93 at the beginning of the year, representing a growth of 19.2%[45]. - Cash flow from operating activities was CNY 1,405 million, compared to CNY 1,815 million in the previous period, reflecting a decline of about 22.6%[51]. - The company’s cash inflow from operating activities was CNY 1,405 million, while cash outflow for purchasing goods and services was CNY 801 million, indicating a positive cash flow situation[51]. Assets and Liabilities - The total assets as of September 30, 2023, were ¥3,567,102,724.36, reflecting a 3.47% increase from the end of the previous year[19]. - The total liabilities amount to approximately ¥880.05 million, a decrease from ¥938.78 million in the previous period[31]. - The total equity attributable to shareholders of the parent company is approximately ¥2.45 billion, an increase from ¥2.27 billion year-on-year[31]. - The company's inventory decreased to ¥433,169,611.57 from ¥504,214,716.28, reflecting a reduction of approximately 14.1%[45]. - The total assets of the company as of September 30, 2023, were ¥3,567,102,724.36, an increase from ¥3,447,599,307.28 at the beginning of the year[45]. Research and Development - The company has increased its R&D investment in the AIoT and automotive sectors, focusing on expanding its product offerings and customer base[6]. - Research and development expenses increased to CNY 246 million from CNY 235 million, marking an increase of approximately 4.5%[49]. Strategic Initiatives - The company is actively exploring new application areas such as industrial vision and robotics, collaborating with strategic partners to expand its market presence[6]. - The company plans to acquire additional stakes in Moxing Technology, increasing its ownership from 51% to 100% through a combination of cash and stock issuance[26]. Government Support and Subsidies - The company has reported a government subsidy of approximately ¥1.77 billion, down from ¥4.25 billion in the previous period[21]. Other Financial Metrics - The company reported a significant increase in credit impairment losses, amounting to ¥369.85 million, compared to a loss of ¥1.20 billion in the previous period, reflecting a 130.82% change[23]. - The company recorded a tax expense of CNY 400 thousand, significantly lower than CNY 30 million in the previous period, indicating a decrease of about 98.7%[49]. - Other income decreased to CNY 4 million from CNY 11 million, reflecting a decline of approximately 65.5%[49]. - The company reported a financial expense of CNY -112 thousand, a significant improvement from CNY -6 million in the previous period[49].