东南电子(301359) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 65,056,019.56, representing a 17.20% increase compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 12,246,880.36, a 45.74% increase year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 12,040,960.36, reflecting a 59.88% increase compared to the previous year[5]. - Total operating revenue for the third quarter of 2023 was CNY 180,345,478.77, a decrease of 2.6% compared to CNY 185,291,813.83 in the same period last year[25]. - Net profit for the third quarter of 2023 was CNY 28,664,805.18, a decline of 6.5% from CNY 30,671,447.69 in the previous year[27]. - The total comprehensive income attributable to the parent company for Q3 2023 was ¥28,664,805.18, a decrease from ¥30,671,447.69 in Q3 2022, representing a decline of approximately 6.5%[28]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.3339, down from ¥0.4764 in Q3 2022, indicating a decrease of about 30%[28]. Cash Flow - The net cash flow from operating activities decreased by 33.14% to CNY 41,333,700.00 in the current period[5]. - Cash inflow from operating activities for Q3 2023 was ¥194,163,178.76, compared to ¥202,524,142.46 in the same period last year, reflecting a decrease of approximately 4.3%[30]. - The net cash flow from operating activities for Q3 2023 was ¥41,333,709.92, down 33% from ¥61,817,108.93 in Q3 2022[30]. - Cash outflow from investing activities totaled ¥6,335,453.70 in Q3 2023, an increase from ¥5,475,215.18 in Q3 2022, representing a rise of about 15.7%[31]. - The net cash flow from investing activities was negative at -¥6,302,267.86 for Q3 2023, compared to -¥5,475,215.18 in Q3 2022, indicating a worsening of approximately 15%[31]. - Cash outflow from financing activities was ¥21,649,800.00 in Q3 2023, significantly higher than ¥5,068,270.83 in Q3 2022, marking an increase of over 327%[31]. - The net increase in cash and cash equivalents for Q3 2023 was ¥13,119,061.70, down from ¥51,273,622.92 in Q3 2022, a decrease of approximately 74.5%[31]. - The ending balance of cash and cash equivalents as of Q3 2023 was ¥513,722,601.55, compared to ¥103,760,532.28 at the end of Q3 2022, showing a significant increase of about 394%[31]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 884,474,511.49, a 0.59% increase from the end of the previous year[11]. - The company's total assets as of September 30, 2023, amounted to CNY 884,474,511.49, slightly up from CNY 879,304,911.68 at the beginning of the year[24]. - Current assets increased to CNY 664,007,809.37 from CNY 648,311,831.97 at the start of the year, reflecting a growth of 2.6%[22]. - The total liabilities decreased to CNY 41,194,974.26 from CNY 43,358,888.63, a reduction of 5.0%[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,960, with no preferred shareholders having restored voting rights[16]. - The top two shareholders, Guan Xianyao and Qiu Wenku, each hold 15.23% of the shares, totaling 13,073,396 shares[16]. Accounting Changes - The company has implemented changes in accounting policies affecting the financial statements starting from January 1, 2023[6]. - The company has adopted new accounting standards starting January 1, 2023, which may impact future financial reporting[32]. Expenses and Impairments - Financial expenses increased significantly by 591.59%, resulting in a loss of ¥8,931,522.21, primarily due to increased interest income[13]. - Other income decreased by 59.33%, totaling ¥1,442,743.41, mainly due to a reduction in government subsidies received[13]. - The company reported a 100% increase in credit impairment losses, amounting to ¥766,331.51, due to provisions for accounts receivable impairment[13]. - The company also recorded a 100% increase in asset impairment losses, totaling ¥201,116.42, primarily for inventory write-downs[13]. - Operating income from non-operating activities increased by 38.24%, reaching ¥65,020.31, mainly due to increased compensation income[13]. - Research and development expenses for the third quarter were CNY 10,394,520.09, up from CNY 9,065,451.89, indicating an increase of 14.6%[25].