Financial Performance - The company's revenue for Q3 2023 was ¥131,859,991.37, a decrease of 9.76% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥13,031,228.35, down 18.65% year-on-year[5]. - The basic earnings per share for Q3 2023 was ¥0.16, reflecting a decline of 38.46% compared to the previous year[5]. - Total operating revenue for Q3 2023 was CNY 425,712,356.10, a decrease of 5.2% compared to CNY 451,918,017.65 in Q3 2022[23]. - Net profit for Q3 2023 was CNY 38,524,539.95, a decline of 7.1% from CNY 41,396,420.98 in Q3 2022[24]. - The net profit attributable to the parent company for Q3 2023 is ¥39,897,318.82, a decrease from ¥45,230,462.18 in Q3 2022, representing a decline of approximately 11.8%[25]. - The total comprehensive income for Q3 2023 is ¥38,524,539.95, down from ¥41,396,420.98 in Q3 2022, reflecting a decrease of about 6.8%[25]. Assets and Equity - Total assets at the end of Q3 2023 reached ¥778,846,254.31, an increase of 69.16% from the end of the previous year[5]. - The equity attributable to shareholders increased by 102.30% to ¥653,160,364.77 compared to the end of the previous year[5]. - The company's total assets increased to CNY 778,846,254.31 in Q3 2023, up from CNY 460,432,383.92 in Q3 2022[21]. - The company's equity attributable to shareholders rose to CNY 653,160,364.77, significantly up from CNY 322,872,948.35 in Q3 2022[21]. Cash Flow and Financial Position - Cash flow from operating activities for the year-to-date was ¥48,689,203.05, up 21.89%[5]. - The company's cash and cash equivalents increased to CNY 691,826,917.40 in Q3 2023, up from CNY 370,190,493.22 in Q3 2022[21]. - Total cash and cash equivalents at the end of Q3 2023 amount to ¥495,203,280.87, significantly up from ¥97,833,404.03 at the end of Q3 2022, marking an increase of approximately 406.5%[29]. - The cash inflow from operating activities in Q3 2023 totals ¥473,078,132.26, compared to ¥498,546,435.69 in Q3 2022, showing a decline of approximately 5.1%[28]. - The net cash flow from investment activities for Q3 2023 is -¥2,564,681.19, an improvement from -¥3,658,617.23 in Q3 2022, indicating a reduction in losses[28]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,734[12]. - The largest shareholder, Wu Ning, holds 29.21% of shares, totaling 23,370,000 shares[12]. - The second largest shareholder, Jinhua Xianhe Investment Partnership, holds 15.71% of shares, totaling 12,570,000 shares[12]. Management Changes and Strategic Decisions - The company has made changes in senior management, including the resignation of non-employee representative supervisor Liu Guangyuan and vice president Yan Jianfeng[14][16]. - The company has approved a change in the use of part of the raised funds, including the cancellation of the "annual production of 1 million AC electric tools construction project" and the addition of a new project in Vietnam[17]. Expenses and Financial Adjustments - The company experienced a 49.85% increase in tax and additional fees due to increased export tax rebates[10]. - The company’s financial expenses decreased by 43.29% due to reduced exchange gains[10]. - Research and development expenses for Q3 2023 were CNY 14,881,835.44, an increase of 18.5% from CNY 12,555,828.93 in Q3 2022[24]. - The company reported a financial asset fair value loss of CNY 3,204,343.90 in Q3 2023, compared to a loss of CNY 550,640.97 in the same period last year[24]. Future Outlook - The company plans to continue expanding its market presence and invest in new technologies to drive future growth[22].
开创电气(301448) - 2023 Q3 - 季度财报