Financial Performance - Q3 2023 revenue was CNY 146,857,057.20, a decrease of 10.29% year-over-year[5] - Net profit attributable to shareholders was CNY 18,765,921.83, down 34.86% compared to the same period last year[5] - Basic earnings per share decreased by 36.69% to CNY 0.2585[5] - Total operating revenue for Q3 2023 was CNY 414,098,183.56, a decrease of 12.7% compared to CNY 474,586,980.25 in the same period last year[20] - The net profit for Q3 2023 was ¥57,884,488.35, a decrease of 18% compared to ¥70,561,678.37 in Q3 2022[21] - Operating profit for Q3 2023 was ¥65,093,767.78, down from ¥78,861,436.14 in the same period last year, reflecting a decline of approximately 17.6%[21] - Total comprehensive income for Q3 2023 was ¥57,907,624.46, compared to ¥70,578,056.66 in Q3 2022, indicating a decrease of about 18%[22] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 36,550,823.56, down 22.25%[5] - Cash flow from operating activities for Q3 2023 was ¥36,550,823.56, down from ¥47,009,825.51 in Q3 2022, a decline of approximately 22.5%[23] - Cash flow from investment activities was 210,296,519.55 CNY, a significant turnaround from -479,681,533.67 CNY in the previous year, representing a change of 143.84%[10] - Cash flow from investment activities generated a net inflow of ¥210,296,519.55 in Q3 2023, a significant improvement from a net outflow of ¥479,681,533.67 in Q3 2022[24] Assets and Liabilities - Total assets as of September 30, 2023, were CNY 1,343,797,606.36, a decrease of 0.40% from the end of the previous year[5] - The company's total equity increased to CNY 1,142,908,100.10, up 1.6% from CNY 1,128,552,476.44 at the start of the year[18] - Total liabilities decreased to CNY 200,889,506.26, down 9.0% from CNY 220,650,242.28 at the beginning of the year[18] - Non-current assets totaled CNY 318,524,679.15, an increase of 21.9% from CNY 261,227,980.79 at the start of the year[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,946[12] - The largest shareholder, Jiangsu Junchen Investment Management Partnership, holds 28.16% of the shares, totaling 20,441,794 shares[12] - The second-largest shareholder, Bo Yujun, owns 22.95% of the shares, amounting to 16,658,072 shares[12] Expenses and Income - Financial expenses decreased by 47.04% to -16,904,340.71 CNY due to increased interest income[10] - Other income dropped by 93.97% to 140,951.23 CNY primarily due to a reduction in government subsidies related to daily operations[10] - Investment income fell by 62.85% to 1,073,471.07 CNY as part of the investment income was recognized in fair value changes[10] - Research and development expenses for Q3 2023 were CNY 20,846,081.99, a decrease of 6.8% compared to CNY 22,384,501.35 in the previous year[20] Inventory and Receivables - Accounts receivable rose to CNY 220,201,984.52, up 7.9% from CNY 204,179,864.48 at the start of the year[16] - Inventory decreased to CNY 79,801,171.44, down 21.3% from CNY 101,321,006.05 at the beginning of the year[16] Other Financial Metrics - The company reported a 55.83% decrease in trading financial assets, totaling CNY 202,664,924.68[9] - The company’s cash and cash equivalents increased by 88.21% to CNY 423,382,553.54 due to the redemption of financial products[9] - The company’s weighted average return on equity was 1.65%, a decrease of 1.16% year-over-year[5] - The company reported a foreign exchange gain of ¥6,907,986.54 in Q3 2023, compared to a gain of ¥2,868,811.66 in Q3 2022, indicating an increase of approximately 141%[24] - The company reported a 346.26% increase in asset impairment losses, totaling -2,781,355.63 CNY, primarily due to increased inventory write-downs[10] Market Activity - The company did not report any new product launches or significant market expansion strategies during the quarter[25]
骏成科技(301106) - 2023 Q3 - 季度财报