Financial Performance - The company's revenue for Q3 2023 was ¥112,957,010.15, a decrease of 14.58% compared to the same period last year[4] - Net profit attributable to shareholders was ¥11,013,136.50, down 43.58% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥9,215,023.36, a decline of 48.30% compared to the previous year[4] - Net profit for the current period was ¥38,438,131.64, down from ¥54,341,618.40, reflecting a decrease of approximately 29.2%[19] - The total profit for the current period was ¥48,490,051.01, down from ¥63,586,132.64, indicating a decrease of approximately 23.7%[18] - Basic earnings per share decreased to ¥0.23 from ¥0.32, reflecting a decline of approximately 28.1%[19] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,253,824,870.32, an increase of 10.99% from the end of the previous year[4] - The total liabilities increased to RMB 297,135,742.71 from RMB 183,847,754.72, representing a significant rise of approximately 61.5%[14] - The company's short-term borrowings increased by 118.20% to ¥174,721,715.60, primarily due to increased bank loans[7] - The company's short-term borrowings rose to RMB 174,721,715.60 from RMB 80,072,890.28, marking an increase of about 118.4%[14] - The non-current assets totaled RMB 417,851,749.26, up from RMB 359,814,074.40, reflecting an increase of approximately 16.1%[14] Cash Flow - The company reported a significant increase in cash flow from operating activities, which rose by 176.67% to ¥20,979,707.35[4] - The net cash flow from operating activities improved to ¥20,979,707.35, up from ¥7,582,918.71 in the previous period, showing a significant increase of approximately 176.5%[20] - The company achieved a cash inflow from operating activities totaling ¥328,371,337.67, compared to ¥321,645,007.95 in the previous period, reflecting a modest increase of about 2.3%[20] - The net cash flow from investment activities was -154,709,986.57 CNY, an improvement from -268,432,554.54 CNY in the previous year[21] - Cash inflow from financing activities totaled 214,572,132.27 CNY, compared to 136,200,000.00 CNY in the same period last year[21] - The net cash flow from financing activities increased to 81,658,816.56 CNY, up from 8,063,832.93 CNY year-over-year[21] - The ending balance of cash and cash equivalents was 264,683,574.82 CNY, slightly up from 252,589,361.40 CNY in the previous year[21] - The total cash outflow from investment activities was 446,851,430.59 CNY, down from 482,634,447.79 CNY year-over-year[21] - The company reported a cash outflow of 132,913,315.71 CNY from financing activities, which is a slight increase from 128,136,167.07 CNY last year[21] - The initial cash and cash equivalents balance was 316,755,037.48 CNY, compared to 505,375,164.30 CNY in the previous year[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,660, with the top ten shareholders holding a combined 57.51% of shares[9] - The company reported a total of 91,158,600 restricted shares at the end of the period, an increase of 21,036,600 shares from the beginning of the period[11] Research and Development - Research and development expenses increased by 32.30% to ¥9,239,545.66 due to higher investment in R&D projects[8] - Research and development expenses rose to ¥9,239,545.66, compared to ¥6,983,877.06 in the previous period, indicating an increase of about 32.2%[16] Investments - The company completed the acquisition of a 31% stake in Jiahua Technology Wuxi Co., Ltd. for RMB 19.84 million, enhancing its investment portfolio[12] - The company’s investment income rose by 45.00% to ¥3,632,483.18, attributed to higher returns from cash management products[8] Accounting and Auditing - The company did not undergo an audit for the third quarter report[22] - The company has adopted new accounting standards starting in 2023[22]
喜悦智行(301198) - 2023 Q3 - 季度财报