Financial Performance - The company's operating revenue for Q3 2023 was CNY 302,939,496.18, a decrease of 22.74% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was CNY 23,446,310.10, down 5.78% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 14,599,488.44, a decline of 21.58% compared to the previous year[5] - The basic earnings per share for Q3 2023 was CNY 0.19, representing a decrease of 13.64% year-on-year[5] - Total operating revenue for Q3 2023 was CNY 1,149,322,487.29, a decrease of 14.8% compared to CNY 1,349,290,524.60 in the same period last year[19] - Net profit for Q3 2023 was CNY 62,904,508.62, a decline of 12.3% compared to CNY 72,099,617.83 in Q3 2022[20] - Basic and diluted earnings per share for Q3 2023 were both 0.52, down from 0.74 in the same period last year, representing a decrease of 29.73%[21] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 2,706,043,675.39, a decrease of 3.08% from the end of the previous year[5] - Total assets as of the end of Q3 2023 were CNY 2,706,043,675.39, compared to CNY 2,791,964,144.33 at the end of Q3 2022[17] - Total liabilities decreased to CNY 808,528,258.99 from CNY 944,708,835.63 year-on-year, reflecting a reduction of approximately 14.4%[17] - The company's total equity increased to CNY 1,897,515,416.40 from CNY 1,847,255,308.70, marking a growth of about 2.7%[17] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 294,854,650.66, a decrease of 10.54% compared to the previous year[5] - Cash inflow from operating activities totaled approximately ¥1.20 billion, a decrease of 12.00% compared to ¥1.37 billion in Q3 2022[21] - Net cash outflow from operating activities was approximately -¥294.85 million, compared to -¥266.74 million in the previous year, indicating a worsening cash flow situation[21] - Cash inflow from investment activities was approximately ¥1.83 billion, significantly up from ¥8.04 million in the same period last year[22] - Net cash outflow from investment activities was approximately -¥298.79 million, compared to -¥408.73 million in Q3 2022, showing an improvement in investment cash flow[22] - Cash inflow from financing activities was approximately ¥399.80 million, down from ¥1.26 billion in the same period last year, indicating a reduction in financing[22] - Net cash flow from financing activities was approximately ¥143.59 million, a significant decrease from ¥1.00 billion in Q3 2022[22] - The ending balance of cash and cash equivalents was approximately ¥501.51 million, down from ¥538.79 million at the end of Q3 2022[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,638[9] - The largest shareholder, Li Jin, holds 26.85% of the shares, with 13,680,000 shares pledged[9] - The company reported a total of 92,749,472 shares with 39,154,472 shares under lock-up restrictions as of the latest report[13] - The company’s total restricted shares decreased by 53,595,000 during the reporting period[13] Asset Composition - As of September 30, 2023, the total current assets amounted to RMB 2,589,122,046.01, a decrease from RMB 2,707,497,843.87 at the beginning of the year, reflecting a decline of approximately 4.4%[15] - The cash and cash equivalents decreased significantly from RMB 1,120,584,831.67 to RMB 541,794,302.28, representing a drop of about 51.6%[15] - Accounts receivable decreased from RMB 1,033,976,025.80 to RMB 989,552,440.73, indicating a reduction of approximately 4.3%[15] - Inventory increased substantially from RMB 31,438,417.59 to RMB 189,160,755.20, marking an increase of around 500%[15] - The total non-current assets were reported at RMB 42,485,390.59 for fixed assets, down from RMB 45,076,739.01, a decrease of about 5.3%[15] - The company’s total receivables from contracts increased to RMB 400,237,222.67 from RMB 331,547,818.08, reflecting an increase of approximately 20.7%[15] - The company’s total trading financial assets rose to RMB 305,000,000.00 from RMB 150,000,000.00, an increase of 103.3%[15] - The company’s total other receivables slightly decreased from RMB 20,768,665.79 to RMB 19,758,957.99, a decline of about 4.9%[15] Expenses - Total operating costs for Q3 2023 were CNY 1,083,280,903.48, down 15.1% from CNY 1,275,124,759.46 year-on-year[19] - Research and development expenses for Q3 2023 amounted to CNY 58,053,986.06, slightly down from CNY 60,148,294.43 in the previous year[19] - The company reported a financial expense of CNY -1,936,062.68 in Q3 2023, a significant improvement compared to CNY 12,476,455.97 in the same quarter last year[19] Other Information - The company received government subsidies amounting to CNY 6,342,685.24 during the reporting period, down from CNY 11,848,259.02 in the previous year[6] - The weighted average return on net assets for Q3 2023 was 1.24%, a decrease of 0.50% compared to the previous year[5] - Deferred income tax assets rose to CNY 36,915,643.17 from CNY 32,192,719.39, indicating a growth of approximately 14.3%[17] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[20] - The third quarter report was not audited, indicating that the financial figures are subject to further verification[23]
元道通信(301139) - 2023 Q3 - 季度财报