PERI(SZ:300831)2023-10-24 16:00Financial Performance - The company's revenue for Q3 2023 was ¥16,771,323.45, a decrease of 67.77% compared to the same period last year[5] - The net profit attributable to shareholders was -¥5,438,918.15, reflecting a decline of 137.01% year-on-year[5] - The net profit after deducting non-recurring gains and losses was -¥7,038,296.89, a decrease of 153.91% compared to the previous year[5] - Total operating revenue for Q3 2023 was CNY 70,188,546.94, a decrease of 48.7% compared to CNY 136,449,663.77 in the same period last year[22] - Net profit for Q3 2023 was CNY 2,075,140.37, a significant decline of 95.5% from CNY 46,272,210.40 in Q3 2022[24] - The company's total assets decreased to CNY 910,552,163.78 from CNY 947,558,194.52, a reduction of 3.9%[21] - The company's equity attributable to shareholders decreased to CNY 844,186,562.88 from CNY 852,099,123.81, a decline of 0.9%[21] - Basic and diluted earnings per share for the quarter were both CNY 0.0063, a significant decrease from CNY 0.1445 in the previous period[25] Cash Flow - The company reported a cash flow from operating activities of ¥25,969,197.78, a significant decrease of 70.32% year-on-year[11] - Net cash flow from operating activities was CNY 25,969,197.78, down from CNY 87,488,107.49 in the same period last year[26] - Cash inflow from investment activities totaled CNY 564,782,136.90, while cash outflow was CNY 536,231,630.91, resulting in a net cash flow of CNY 28,550,505.99[26] - The company's cash and cash equivalents as of September 30, 2023, amount to ¥383,418,339.81, an increase from ¥338,900,177.57 at the beginning of the year[19] - The company reported a cash and cash equivalents balance of CNY 383,418,339.81 at the end of the period, an increase from CNY 328,452,747.58 year-over-year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥910,552,163.78, down 3.89% from the end of the previous year[5] - Total liabilities decreased to CNY 65,561,391.61 from CNY 94,722,562.72, a decline of 30.8%[21] - The total current assets decreased to ¥761,689,272.03 from ¥792,537,366.99 at the beginning of the year[19] - The company experienced a 66.47% decrease in accounts receivable, totaling ¥53,131,456.38 at the end of the reporting period[10] Research and Development - Research and development expenses increased by 32.92% to ¥7,759,466.29, indicating a continued investment in new product development[10] - Research and development expenses increased to CNY 7,759,466.29 from CNY 5,837,543.68, representing a growth of 32.9%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,574[13] - The largest shareholder, Xi'an Power Electronics Technology Research Institute, holds 39.55% of shares, totaling 126,574,080 shares[13] Project Development - The company has completed project design, cost estimation, and bidding for energy-saving units related to its fundraising project[17] - The company is in the process of obtaining pre-construction permits for its fundraising project after completing project documentation and environmental assessments[17] - The company has acquired land use rights for a new construction site with a net area of 60,024.6 square meters (approximately 90.037 acres)[15] - The feasibility study report for the fundraising project has been revised to reflect changes in the industry and macro environment[17] - The company has received approval from its controlling shareholders for the revised feasibility study report[17] - The company is committed to protecting the interests of small investors by ensuring better investment returns through the revised project[17] Accounting and Audit - The company has implemented new accounting standards effective January 1, 2023, impacting deferred tax assets and liabilities[27] - Deferred tax assets increased from CNY 15,553,804.12 to CNY 15,708,443.14 following the accounting policy change[28] - The company did not undergo an audit for the third quarter report[30]