YXMC(SH:600213)2024-04-29 10:17Financial Performance - The company's operating revenue for Q3 2023 was ¥247,882,167.92, a decrease of 38.65% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2023 was a loss of ¥27,215,972.62, with a year-to-date loss of ¥81,269,968.19[3] - The basic and diluted earnings per share for Q3 2023 were both -¥0.10, reflecting a significant decline[3] - Total operating revenue for the first three quarters of 2023 was ¥630,943,149.02, a decrease of 31.2% compared to ¥917,589,169.41 in the same period of 2022[18] - Net profit for the first three quarters of 2023 was -¥84,856,975.60, an improvement from -¥96,042,021.55 in the same period of 2022[19] - Basic and diluted earnings per share for the third quarter of 2023 were both -¥0.28, compared to -¥0.35 in the same quarter of 2022[20] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥2,350,079,486.97, down 17.36% from the previous year-end[4] - The equity attributable to shareholders decreased by 50.39% to ¥78,525,864.52 compared to the previous year-end[4] - Total current assets as of September 30, 2023, are ¥2,138,525,404.98, down from ¥2,595,082,500.43 at the end of 2022[13] - Total current liabilities are ¥1,735,124,264.30, down from ¥1,979,164,947.06 at the end of 2022[15] - The total liabilities decreased to ¥2,202,162,529.90 in Q3 2023 from ¥2,612,655,386.56 in Q3 2022, reflecting a reduction of 15.7%[16] - The total equity attributable to shareholders decreased to ¥78,525,864.52 in Q3 2023 from ¥158,289,531.66 in Q3 2022, a decline of 50.5%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥327,527,695.35, indicating a significant cash generation capability despite losses[3] - The net cash flow from operating activities for Q3 2023 was $327.53 million, a significant improvement compared to a net outflow of $3.17 million in Q3 2022[23] - Total cash outflow from operating activities amounted to $777.40 million, down from $1.14 billion in the same period last year[23] - Cash inflow from financing activities was $172.50 million, a decrease from $863.32 million in Q3 2022[23] - The net increase in cash and cash equivalents for Q3 2023 was $54.09 million, contrasting with a decrease of $195.86 million in Q3 2022[23] - The ending balance of cash and cash equivalents was $223.86 million, compared to $98.50 million at the end of Q3 2022[23] Expenses - Total operating costs for the first three quarters of 2023 were ¥714,030,650.40, down 30% from ¥1,018,272,148.03 in the previous year[18] - Research and development expenses for the first three quarters of 2023 were ¥44,232,350.41, a decrease of 19.4% from ¥54,819,198.78 in the same period of 2022[19] - Sales expenses for the first three quarters of 2023 were ¥65,287,128.60, down 17.5% from ¥78,944,346.86 in the previous year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 25,916[10] - The largest shareholder, Weichai (Yangzhou) Investment Co., Ltd., holds 178,200,000 shares, accounting for 62.31% of total shares[10] Other Observations - The company reported a decrease in accounts receivable financing by 74.67% due to reduced bill settlement activities[7] - The company experienced a 50.94% decrease in prepaid expenses, attributed to a reduction in advance payments for materials[7] - The company noted an increase in other current liabilities by 35.54%, primarily due to a rise in domestic advance receipts[8] - The company reported a credit impairment loss of -¥12,373,647.31 in Q3 2023, worsening from -¥1,554,232.29 in the same quarter of 2022[19] - The company has no significant new product launches or technological developments reported in the current quarter[12]