Financial Performance - The company's revenue for Q3 2023 was ¥54,013,957.38, a decrease of 29.17% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥4,594,476.87, down 116.98% year-on-year[5]. - The net cash flow from operating activities was ¥10,538,005.19, a significant decrease of 91.36% compared to the previous year[5]. - The company experienced a 37.78% decline in total revenue for the first nine months of 2023 compared to the same period in 2022, totaling ¥168,354,023.05[9]. - Total operating revenue for Q3 2023 was ¥168,354,023.05, a decrease of 37.8% compared to ¥270,573,753.55 in the same period last year[20]. - The net profit for Q3 2023 was CNY 14,213,540.13, a decrease from CNY 102,538,403.11 in the same period last year, representing a decline of approximately 86.1%[21]. - The total comprehensive income for Q3 2023 was CNY 14,471,045.69, compared to CNY 102,526,401.31 in the same period last year, indicating a decline of approximately 85.9%[21]. Cash Flow and Investments - The cash flow from investment activities was negative at -¥38,940,225.35, a decrease of 90.61% year-on-year due to increased construction and equipment costs[10]. - The cash and cash equivalents decreased to ¥1,182,966,058.57 from ¥1,361,659,811.32 at the beginning of the year, a decline of 13.1%[18]. - The net cash flow from investing activities was negative CNY 38,940,225.35, compared to a positive CNY 6,593,176.30 in the same period last year[23]. - The net cash flow from financing activities was negative CNY 150,532,633.43, a significant drop from a positive CNY 1,015,173,518.08 in the previous year[23]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,569,128,281.74, representing a decrease of 7.99% from the end of the previous year[5]. - The company's total liabilities decreased by 8.59% compared to the previous year, indicating a reduction in financial leverage[5]. - Total liabilities amounted to ¥117,556,116.37, slightly up from ¥117,411,189.49 at the beginning of the year[19]. - The equity attributable to shareholders decreased to ¥1,451,572,165.37 from ¥1,587,901,701.42, a decline of 8.6%[19]. Research and Development - Research and development expenses increased by 48.06% to ¥63,584,679.56, reflecting the addition of new R&D personnel[9]. - Research and development expenses increased to ¥63,584,679.56, representing a rise of 48.4% compared to ¥42,946,293.52 in Q3 2022[20]. - The company plans to continue expanding its R&D efforts and market presence despite the current financial challenges[9]. - The company plans to continue investing in R&D to drive future growth and innovation[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,501[12]. - The top two shareholders, Zhang Chimei and Zheng Junling, hold 32.97% and 31.68% of shares respectively, totaling approximately 45 million shares combined[12]. - The company has released 7.65 million shares from Zhang Chimei's lock-up period and 7.35 million from Zheng Junling's, effective September 22, 2023[15]. - The total number of shares held by the top ten unrestricted shareholders amounts to 5,000,000 shares, with significant holdings from Guangdong Province Yueke Fund and Shanghai Jinpu New Industry Fund[13]. - The company has a total of 22,950,000 shares held by Zhang Chimei, which includes 15,300,000 shares at the beginning of the period[15]. - The company has 1,609,698 shares released from lock-up for the Shanghai Jinpu New Industry Fund, effective September 22, 2023[15]. - The total number of shares held by the top ten shareholders participating in margin trading is not applicable[13]. - The company has 459,913 shares held by Shenzhen Qianhai Pengchen Yingtong Investment, which are unrestricted[13]. - The company has a total of 302,644 shares held by Goldman Sachs, which are also unrestricted[13]. - The company has a total of 264,940 shares held by Hong Kong Central Clearing Limited, which are unrestricted[13]. Operating Costs - Total operating costs for Q3 2023 were ¥156,250,950.75, down 11.5% from ¥176,549,207.48 in the previous year[20]. - The company reported a net loss of ¥20,689.67 in Q3 2023, compared to a loss of ¥479,439.53 in the same quarter last year[20]. Tax and Expenses - The company reported a tax expense of CNY 936,563.97 for Q3 2023, compared to CNY 10,333,740.53 in the previous year, reflecting a decrease of about 91%[21]. Market Activity - The company did not report any new product launches or significant market expansion strategies during the quarter[24].
联动科技(301369) - 2023 Q3 - 季度财报