Financial Performance - The company's revenue for Q3 2023 reached ¥699,068,842.93, representing a 7.50% increase year-over-year[5] - Net profit attributable to shareholders decreased by 43.98% to ¥23,436,372.55 for the quarter, and by 54.60% to ¥54,130,348.82 year-to-date[5] - The basic earnings per share (EPS) for Q3 2023 was ¥0.29, down 44.23% compared to the same period last year[5] - In the first three quarters of 2023, the company achieved operating revenue of CNY 1,654.49 million, an increase of 1.69% year-on-year[14] - The company's net profit attributable to shareholders for the first three quarters was CNY 54.13 million, a decrease of 54.60% year-on-year[14] - In Q3 2023, the company reported operating revenue of CNY 699.07 million, a quarter-on-quarter increase of 37.70%[14] - The net profit for Q3 2023 was CNY 58,406,197.97, a decrease of 54.3% compared to CNY 127,636,080.80 in Q3 2022[22] - The total comprehensive income for Q3 2023 was CNY 61,002,667.99, down from CNY 141,506,917.31 in the same period last year, representing a decline of 56.9%[22] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.68, down from CNY 1.49 in Q3 2022, a decrease of 54.4%[22] Assets and Liabilities - Total assets increased by 8.51% to ¥2,314,689,832.75 compared to the end of the previous year[5] - Total assets as of September 30, 2023, amounted to ¥2,314,689,832.75, compared to ¥2,133,249,716.90 at the start of the year, an increase of approximately 8.5%[19] - Total liabilities increased to ¥1,144,415,178.58 from ¥979,027,730.72, representing a growth of about 16.9%[19] - The company's equity attributable to shareholders rose to ¥997,500,638.29 from ¥981,517,618.16, an increase of approximately 1.6%[19] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net amount of ¥25,292,883.53, up 111.89% year-over-year[9] - Operating cash flow for the period was CNY 25,292,883.53, a significant improvement from a negative cash flow of CNY -212,789,552.98 in Q3 2022[23] - Cash and cash equivalents as of September 30, 2023, were ¥203,489,499.40, down from ¥213,621,274.95 at the beginning of the year, a decrease of about 4.9%[19] - Cash and cash equivalents at the end of Q3 2023 stood at CNY 200,388,122.42, compared to CNY 146,836,379.42 at the end of Q3 2022, indicating an increase of 36.4%[24] - The net cash flow from financing activities was CNY 184,562,134.59, a decrease of 35.4% compared to CNY 285,901,022.29 in Q3 2022[24] - The total cash inflow from investment activities was CNY 11,562,734.22, compared to CNY 18,972,646.99 in Q3 2022, indicating a decline of 39.0%[23] Expenses - Research and development expenses rose by 40.11% to ¥46,465,501.16, indicating increased investment in innovation[9] - The company reported a 22.70% increase in selling expenses, totaling ¥74,023,387.59, primarily due to personnel expansion and increased travel costs[9] - The company incurred a total operating expense of CNY 1,696,342,275.66, slightly higher than CNY 1,685,979,594.50 in the same period last year, showing an increase of 0.4%[23] - The company's income tax expense for Q3 2023 was CNY 13,434,361.34, down from CNY 26,757,460.27 in the previous year, a reduction of 50%[22] - The company recorded a significant decrease in financial expenses by 77.30%, amounting to ¥5,580,075.33, attributed to foreign exchange gains[9] Business Segments - The electronic components distribution business generated revenue of CNY 1,459.25 million in the first three quarters, remaining stable compared to the previous year[15] - The self-developed IC business achieved revenue of CNY 186.64 million in the first three quarters, up 31.93% year-on-year[15] - The gross margin for the self-developed IC business was 40.05% in Q3 2023[15] - The company is focusing on the automotive electronics sector, with increasing demand for electronic components in vehicles[15] - The company plans to continue expanding its product offerings in automotive lighting, cockpit, passive components, and electronic control chassis[15] - The company is in the process of evaluating the acquisition of WE Components Pte. Ltd, with financial data pending final assessment[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,529[11] - The company holds a 21.24% stake in Weili Electronics, which has not yet disclosed its semi-annual operating data[16]
雅创电子(301099) - 2023 Q3 - 季度财报