Daybright(SZ:300670)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥131,472,479.66, representing a 115.72% increase compared to the same period last year[5]. - The net profit attributable to shareholders was ¥167,101.30, a 105.26% increase year-on-year, while the net profit after deducting non-recurring gains and losses was -¥7,753,660.37, an 80.56% increase[5]. - Cash flow from operating activities showed a significant increase of 451.12%, totaling ¥73,057,417.60[5]. - The company reported a 99.47% increase in operating income year-to-date, totaling ¥355,852,126.57, driven by growth in smart distribution equipment, photovoltaic business, and marine engineering services[10]. - Total operating revenue for the third quarter reached ¥355,852,126.57, a significant increase from ¥178,394,454.28 in the previous year, representing a growth of approximately 99.5%[21]. - The net profit for Q3 2023 was -26,273,965.65 CNY, an improvement from -46,844,045.02 CNY in Q3 2022, representing a 43.5% reduction in losses[23]. - Operating profit for Q3 2023 was -45,162,190.79 CNY, compared to -69,018,118.53 CNY in the same period last year, indicating a 34.5% improvement[23]. - Total revenue from sales and services received cash of 377,698,777.89 CNY in Q3 2023, compared to 237,092,424.04 CNY in Q3 2022, reflecting a 59.4% increase[24]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,232,103,501.92, reflecting a 5.83% increase from the end of the previous year[5]. - The company's total liabilities increased by 34.04% to ¥176,410,878.38, indicating a rise in borrowings from financial institutions[10]. - The company's total liabilities increased to ¥1,380,648,110.51 from ¥1,231,368,923.84, representing a growth of about 12.1%[20]. - Current assets totaled ¥515,078,627.87, up from ¥486,455,461.68, which is an increase of approximately 5.0%[19]. - The company's long-term borrowings rose to ¥176,410,878.38 from ¥131,607,606.20, indicating an increase of approximately 34.0%[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,019[13]. - The largest shareholder, Chen Jie, holds 36.39% of shares, totaling 115,317,000 shares, with 19,500,000 shares pledged[13]. - The second-largest shareholder, Nanjing Mingzhao Investment Management Co., holds 7.28% of shares, totaling 23,079,995 shares, all of which are pledged[13]. - The company has a total of 104,698,493 restricted shares at the beginning of the period, with 11,902,709 shares released during the period, resulting in 92,795,784 restricted shares remaining[16]. - The company reported a total of 86,487,750 restricted shares held by Chen Jie, with no shares released during the period[16]. - The total number of preferred shareholders is reported as zero[15]. Research and Development - Research and development expenses increased by 35.30% to ¥17,152,478.07, indicating a focus on energy storage product development[10]. - Research and development expenses were ¥17,152,478.07, compared to ¥12,677,766.17 in the previous year, reflecting a rise of approximately 35.0%[21]. Tax and Cash Flow - The company reported a significant increase in cash paid for taxes, which rose by 119.37% to ¥29,754,720.51, correlating with increased revenue[11]. - The company reported a tax expense of -20,411,595.58 CNY for Q3 2023, compared to -22,873,423.47 CNY in Q3 2022[23]. - Cash flow from investing activities showed a net outflow of -122,156,819.38 CNY in Q3 2023, an improvement from -280,785,747.44 CNY in Q3 2022[25]. - Cash flow from financing activities generated a net inflow of 55,081,420.90 CNY in Q3 2023, down from 241,553,522.04 CNY in Q3 2022[25]. Future Outlook and Strategy - The company has not disclosed any new product or technology developments in the current report[17]. - There are no significant market expansion or acquisition strategies mentioned in the current report[17]. - The company has not provided specific future outlook or performance guidance in the current report[17]. - The company has not indicated any changes in financing strategies or shareholder relations in the current report[17].