Financial Performance - The company's revenue for Q3 2023 was ¥148,050,427.25, a decrease of 10.84% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥10,596,211.67, down 39.94% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥9,200,715.61, a decline of 44.22% compared to the previous year[5] - Total operating revenue for Q3 2023 was CNY 463,438,746.08, a decrease of 5.8% compared to CNY 491,931,454.47 in Q3 2022[17] - Net profit for Q3 2023 was CNY 41,045,063.24, representing a decline of 20% from CNY 51,279,310.74 in Q3 2022[18] - Earnings per share for Q3 2023 was CNY 0.38, down from CNY 0.51 in Q3 2022[19] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,046,865,487.45, a decrease of 2.37% from the end of the previous year[5] - The company's total assets as of September 30, 2023, amount to CNY 1,046,865,487.45, a decrease from CNY 1,072,247,975.99 at the beginning of the year[14] - Total liabilities as of Q3 2023 were CNY 142,909,540.86, down from CNY 168,472,624.17 in Q3 2022[18] - The company's inventory decreased to CNY 126,644,530.07 from CNY 142,503,471.36, a reduction of about 11.1%[14] Cash Flow - Cash flow from operating activities for the year-to-date was ¥7,070,294.90, a significant decrease of 68.89%[5] - Cash flow from operating activities for Q3 2023 was CNY 7,070,294.90, a significant decrease from CNY 22,725,945.31 in Q3 2022[20] - The net cash flow from investing activities was -¥12,377,899.91, an improvement from -¥314,928,786.73 in the previous year[21] - Total cash inflow from financing activities was ¥465,220,000.00, while cash outflow was ¥43,203,215.89, resulting in a net cash flow of -¥43,203,215.89 compared to ¥397,531,925.98 last year[21] - The cash and cash equivalents at the end of the period amounted to ¥161,764,181.08, down from ¥212,247,442.12 at the beginning of the period[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,368[9] - The largest shareholder, Changzhou Xiangxing Information Technology Co., Ltd., holds 51.43% of the shares, totaling 55,951,322 shares[9] - The total number of restricted shares at the end of the period is 59,720,136, with 22,395,051 shares added during the period[11] - The company has a total of 4,343,559 unrestricted shares held by Changzhou Xiangguang Equity Investment Center[9] Tax and Other Financial Metrics - The company reported a tax expense of CNY 4,502,169.17 for Q3 2023, compared to CNY 5,873,641.69 in Q3 2022[18] - The company recorded a 77.52% decrease in tax refunds received, totaling ¥3,215,423.91, due to reduced export tax rebates[8] - The company experienced a 296.08% increase in taxes payable, amounting to ¥3,437,144.18, attributed to increased VAT and corporate income tax[8] Investment Activities - Cash inflow from investment activities in Q3 2023 was CNY 528,000,000.00, a substantial increase from CNY 90,000,000.00 in the same period last year[20] - The company reported a total cash outflow from investing activities of ¥548,543,145.26, compared to ¥405,502,619.91 in the same period last year[21] - The company reported an increase in accounts receivable to CNY 158,425,592.68 from CNY 142,721,111.76, reflecting a growth of approximately 11%[14] Changes and Future Outlook - The company plans to issue convertible bonds with a total amount not exceeding CNY 357,999,600, pending approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission[12] - The company has adopted new accounting standards starting in 2023, which may affect future financial reporting[22] - The company has not undergone an audit for the third quarter report, which may affect the reliability of the financial data presented[22]
祥明智能(301226) - 2023 Q3 - 季度财报