Financial Performance - The company's revenue for Q3 2023 was ¥138,618,392.44, representing a 6.84% increase compared to the same period last year[5]. - Total operating revenue for Q3 2023 was CNY 374,099,282.33, an increase from CNY 369,822,246.25 in Q3 2022, representing a growth of approximately 0.75%[21]. - Net profit for Q3 2023 was a loss of CNY 34,483,257.73, compared to a profit of CNY 32,147,726.21 in Q3 2022, indicating a significant decline in profitability[22]. - The net profit attributable to shareholders was -¥12,625,569.77, a decrease of 340.77% year-on-year[5]. - The net profit attributable to the parent company was -32,649,110.18 CNY, compared to a profit of 32,147,726.21 CNY in the previous period, indicating a significant decline[23]. - The total comprehensive income amounted to -34,480,756.95 CNY, with the comprehensive income attributable to the parent company at -32,646,609.40 CNY[23]. Cash Flow and Investments - The operating cash flow net amount reached ¥69,567,851.36, showing a significant increase of 142.26%[5]. - Cash inflows from operating activities totaled 486,587,448.14 CNY, an increase from 394,532,209.33 CNY year-over-year[24]. - The net cash flow from operating activities was 69,567,851.36 CNY, compared to 28,716,296.52 CNY in the previous period, showing improved operational efficiency[25]. - The net cash flow from investing activities was -117,742,107.79 CNY, a decrease from -378,162,866.44 CNY in the previous period, indicating reduced investment outflows[26]. - The net cash flow from financing activities was -11,883,426.33 CNY, compared to -148,104,259.09 CNY in the previous period, reflecting a decrease in financing costs[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,195,717,494.12, a 3.44% increase from the end of the previous year[5]. - Total assets as of Q3 2023 amounted to CNY 1,195,717,494.12, compared to CNY 1,155,989,477.61 in Q3 2022, reflecting an increase of about 3.4%[19]. - Total liabilities increased to CNY 247,301,064.98 in Q3 2023 from CNY 180,930,284.14 in Q3 2022, representing a rise of approximately 36.7%[19]. - The company's total equity decreased to CNY 948,416,429.14 in Q3 2023 from CNY 975,059,193.47 in Q3 2022, a decline of about 2.7%[19]. - The company’s total liabilities increased, with accounts payable rising by 89.28% to ¥99,652,745.32, attributed to increased procurement[9]. Expenses - Research and development expenses increased by 41.69% to ¥29,760,952.48, reflecting higher investment in R&D[10]. - Total operating costs increased to CNY 419,016,316.10 in Q3 2023 from CNY 350,069,432.58 in Q3 2022, reflecting a rise of about 19.7%[22]. - The company experienced a decrease in receivables financing by 85.16% to ¥10,503,555.07, mainly due to reduced bank acceptance bill discounts[9]. - The company’s management expenses rose by 55.87% to ¥29,688,511.14, primarily due to the hiring of new management personnel[10]. - The company reported a significant increase in sales expenses, which rose to CNY 10,931,187.68 in Q3 2023 from CNY 8,876,165.68 in Q3 2022, an increase of approximately 23.1%[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,257[14]. - The largest shareholder, Shenzhen Kaixin Investment Co., Ltd., holds 40.44% of the shares, totaling 38,750,000 shares[14]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder being a non-state-owned legal entity[14]. - The company has not reported any changes in restricted shares during the period[16]. Other Financial Metrics - The cash received from tax refunds decreased by 84.77% to ¥620,314.20, mainly due to increased input tax credits[11]. - The cash paid for dividend distribution decreased to ¥9,765,503.33 from ¥29,122,706.69[12]. - The cash flow from exchange rate changes was influenced by fluctuations in the US dollar exchange rate, amounting to ¥1,033,330.49[12]. - The company reported a significant increase of 1166.72% in the impact of price changes on cash and cash equivalents[12]. - Cash and cash equivalents decreased to CNY 139,309,468.35 in Q3 2023 from CNY 191,744,306.66 in Q3 2022, a decline of about 27.3%[19]. - The cash and cash equivalents at the end of the period were 110,177,187.08 CNY, down from 124,085,238.88 CNY at the end of the previous period[26]. - The cash paid for debt repayment was reduced by 100% due to decreased external financing, totaling ¥69,912,500.00[12].
凯旺科技(301182) - 2023 Q3 - 季度财报