Financial Performance - The company's revenue for Q3 2023 was ¥210,910,055.01, a decrease of 10.59% compared to the same period last year[5] - Net profit attributable to shareholders was ¥15,407,202.69, down 41.74% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥17,709,092.39, a decline of 52.63% compared to the previous year[5] - Basic earnings per share for Q3 2023 were ¥0.11, a decrease of 47.62% year-on-year[5] - Operating income decreased to CNY 425,963,759.30, a decline of 13.56% from CNY 492,863,078.90 in the previous year[22] - In Q3 2023, the company's net profit was CNY 53,505,289.12, a decrease of 29.3% compared to CNY 75,846,252.62 in Q3 2022[23] - The total profit for Q3 2023 was CNY 63,510,115.19, down 29.3% from CNY 89,828,287.34 in the same period last year[23] - Operating profit for Q3 2023 was CNY 65,034,724.93, a decline of 27.8% from CNY 90,045,348.31 in Q3 2022[23] - The company reported a total comprehensive income of CNY 54,380,062.42 in Q3 2023, a decrease of 30.0% from CNY 77,625,849.82 in Q3 2022[24] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.39, down from CNY 0.60 in Q3 2022[24] Cash Flow and Assets - The company's cash flow from operating activities for the year-to-date was ¥84,874,092.77, down 36.64%[5] - Cash and cash equivalents increased significantly to CNY 1,166,623,110.59 from CNY 301,768,026.25, representing a growth of 286.66%[18] - Cash inflow from financing activities in Q3 2023 was CNY 922,629,081.46, a significant increase compared to CNY 1,896,660.00 in Q3 2022[27] - The company experienced a net cash outflow from investing activities of CNY 44,090,240.26 in Q3 2023, compared to a net outflow of CNY 26,231,008.38 in Q3 2022[27] - Cash and cash equivalents at the end of Q3 2023 totaled CNY 1,165,455,849.15, significantly up from CNY 272,972,957.01 at the end of Q3 2022[27] Shareholder Information - The total number of common shareholders at the end of the reporting period is 23,735[12] - The largest shareholder, Xinyin (Hong Kong) International Holdings, holds 61.20% of shares, totaling 104,160,000 shares[12] - The company has a total of 17,020,000 shares listed on the Shenzhen Stock Exchange since July 17, 2023[16] - The company has 127,200,000 restricted shares, with 2,217,127 shares released during the period[15] - The top ten shareholders include domestic and foreign entities, with the largest being Xinyin (Hong Kong) International Holdings[12] - The company has a total of 4.23% of shares held by Fulaike Consulting (Shanghai) Limited, amounting to 7,200,000 shares[12] - The company plans to release restricted shares for several shareholders in July 2024 and July 2026[14] - The report indicates that there are no preferred shareholders as it is not applicable[14] - The company has not identified any related party transactions among the top shareholders[13] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,774,480,515.45, an increase of 99.26% from the end of the previous year[5] - Total current assets rose to CNY 1,606,127,277.05, an increase of 131.88% compared to CNY 694,053,366.15 at the beginning of the year[18] - Total liabilities amounted to CNY 235,867,428.60, a slight increase from CNY 228,949,400.36 year-over-year[20] - Shareholders' equity increased significantly to CNY 1,538,613,086.85 from CNY 661,564,592.03, reflecting a growth of 132.80%[20] Expenses and Investments - Total operating costs for the third quarter were CNY 515,963,605.65, down 7.39% from CNY 557,151,068.93 year-over-year[22] - Research and development expenses for the quarter were CNY 21,433,072.49, a decrease of 9.58% compared to CNY 23,707,983.34 in the previous year[22] - The company reported a net investment loss of CNY 8,028,632.32, worsening from a loss of CNY 3,428,654.48 in the same period last year[22] - The company experienced a 70.79% reduction in financial expenses, primarily due to changes in the USD exchange rate[10] Future Outlook - The company aims to expand its market presence and enhance product development in the upcoming quarters[19] - The company has not disclosed any significant new product developments or market expansion strategies in the current report[16] - The third quarter report for 2023 was not audited, indicating a potential area for further scrutiny in financial reporting[30]
信音电子(301329) - 2023 Q3 - 季度财报