南凌科技(300921) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥146,700,655.71, representing a 7.31% increase compared to the same period last year[7] - The net profit attributable to shareholders was -¥788,769.20, a decrease of 104.62% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,544,914.69, down 133.73% from the previous year[7] - Total operating revenue for Q3 2023 was CNY 429,138,757.89, an increase from CNY 404,413,041.50 in Q3 2022, representing a growth of approximately 6.0%[40] - Net profit for Q3 2023 was CNY 13,232,406.94, a significant decrease from CNY 46,019,372.38 in Q3 2022, reflecting a decline of approximately 71.2%[42] - Basic earnings per share for Q3 2023 were CNY 0.12, down from CNY 0.36 in Q3 2022, indicating a decline of 66.7%[42] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥959,855,980.10, a decrease of 0.59% from the end of the previous year[7] - The total assets as of the end of Q3 2023 were CNY 959,855,980.10, slightly down from CNY 969,558,886.73 at the end of Q3 2022[39] - Total liabilities increased to CNY 154,992,996.77 in Q3 2023 from CNY 142,831,385.35 in Q3 2022, representing a rise of approximately 8.0%[39] - The company's total equity decreased to CNY 804,862,983.33 in Q3 2023 from CNY 826,727,501.38 in Q3 2022[39] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥28,233,239.22, down 48.19% year-on-year[7] - Operating cash inflow for the third quarter was CNY 470,003,769.40, an increase of 9.0% compared to CNY 431,180,548.54 in the same period last year[43] - Net cash flow from operating activities decreased to CNY 28,233,239.22 from CNY 54,491,370.94, representing a decline of 48.2% year-over-year[43] - Cash inflow from investment activities was CNY 903,226,935.52, down 33.2% from CNY 1,348,366,199.69 in the previous year[45] - Net cash flow from investment activities improved to -CNY 23,446,701.05 from -CNY 76,063,492.55, indicating a reduction in cash outflow[45] - The company reported a decrease in cash outflow from financing activities to CNY 50,070,783.15 from CNY 41,026,525.22, reflecting a net cash flow of -CNY 50,070,783.15[45] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,712[19] - The top two shareholders, Chen Shulin and Jiang Xiaoming, hold 26.55% and 26.52% of shares respectively, totaling approximately 69.76 million shares combined[19] - The company’s shareholding structure indicates a significant concentration of ownership among the top shareholders, with the top two holding over 53%[19] - The company’s top ten shareholders include institutional investors such as Xiamen Zhongchuang Jiaye Venture Capital Partnership, holding 5.01% of shares[19] Share Repurchase and Equity Incentives - The company has repurchased a total of 1,427,600 shares, representing 1.09% of the total share capital, with a total expenditure of approximately RMB 30.03 million[23] - The maximum repurchase price was RMB 26.73 per share, while the minimum was RMB 15.60 per share[23] - The company plans to use the repurchased shares for employee stock ownership plans and/or equity incentives[23] - The company has two ongoing equity incentive plans, including a restrictive stock incentive plan initiated in 2021, granting a total of 1.2 million shares[26] - The first phase of the equity incentive plan includes 240,000 shares granted at once, while the second phase includes 960,000 shares[26] - The company approved the first grant of 1 million restricted stocks at a price of 21.55 CNY per share to 56 eligible participants on March 9, 2021[27] - The second category of restricted stocks was adjusted from 760,000 shares to 1,368,000 shares, with the grant price reduced from 21.55 CNY to 11.53 CNY on January 20, 2022[28] - The company repurchased and canceled 129,600 shares of the first category of restricted stocks, reducing the total share capital from 131,687,370 shares to 131,557,770 shares on September 27, 2022[29] - As of September 27, 2023, the total share capital was further reduced to 131,428,170 shares after the completion of the repurchase and cancellation of restricted stocks[32] - The company granted 300,000 shares of the second category of restricted stocks, including 60,000 shares reserved, on October 17, 2022[33] - The initial grant price for the 2022 restricted stock plan was set at 8.83 CNY per share for 240,000 shares on December 5, 2022[34] - The grant price for the 2022 restricted stock plan was adjusted to 8.63 CNY per share on June 26, 2023[34] - The company approved the grant of 60,000 shares of reserved restricted stocks at a price of 8.63 CNY per share to 31 eligible participants on August 28, 2023[35] Other Financial Metrics - The company reported a significant increase in sales expenses, which rose to CNY 56,557,453.40 in Q3 2023 from CNY 44,935,604.33 in Q3 2022, an increase of approximately 25.8%[42] - Research and development expenses for Q3 2023 amounted to CNY 44,976,680.38, compared to CNY 36,759,099.91 in Q3 2022, marking an increase of about 22.2%[42] - The company's cash and cash equivalents decreased to CNY 833,564,045.09 in Q3 2023 from CNY 848,486,501.05 in Q3 2022[39] - As of September 30, 2023, the company's cash and cash equivalents amounted to 210,184,928.15 CNY, down from 254,573,100.66 CNY at the beginning of the year[36] - The company's trading financial assets increased to 436,303,725.78 CNY as of September 30, 2023, compared to 426,416,041.68 CNY at the beginning of the year[36] Audit and Reporting - The third quarter report was not audited, indicating that the financial results are preliminary[48] - The company did not report any net profit from the merged entities, consistent with the previous period[43]