宁波富达(600724) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥799,311,312.47, representing a year-on-year increase of 5.38%[6] - The net profit attributable to shareholders for Q3 2023 was ¥44,928,572.40, a decrease of 15.45% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥42,514,924.21, down 19.03% year-on-year[6] - The basic earnings per share for Q3 2023 was ¥0.0311, reflecting a decrease of 15.49% compared to the previous year[7] - Net profit for Q3 2023 was CNY 151,609,635.25, down 27.6% from CNY 209,348,746.58 in Q3 2022[31] - Operating profit for Q3 2023 was CNY 199,967,885.09, a decrease of 26.0% from CNY 269,684,472.98 in Q3 2022[30] - Total comprehensive income for Q3 2023 was CNY 151,609,635.25, down 27.6% from CNY 209,348,746.58 in Q3 2022[31] - Basic and diluted earnings per share for Q3 2023 were CNY 0.1117, compared to CNY 0.1219 in Q3 2022[31] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥4,461,728,797.92, an increase of 2.89% from the end of the previous year[7] - As of September 30, 2023, the total assets of the company amounted to CNY 4,461,728,797.92, an increase from CNY 4,336,420,544.53 as of December 31, 2022, representing a growth of 2.88%[24][27] - The total current liabilities increased to CNY 990,515,585.79 as of September 30, 2023, from CNY 767,565,188.11 at the end of 2022, marking a rise of 29.1%[26] Cash Flow - Cash flow from operating activities for the year-to-date period reached ¥190,109,573.77, showing a significant increase of 40.68%[6] - Cash flow from operating activities for the first nine months of 2023 was CNY 190,109,573.77, up 40.7% from CNY 135,138,623.26 in the same period of 2022[34] - Cash and cash equivalents at the end of Q3 2023 totaled CNY 1,350,823,610.07, an increase from CNY 1,134,999,597.43 at the end of Q3 2022[35] - The company reported a net cash outflow from investing activities of CNY 72,920,391.87 in Q3 2023, compared to a net inflow of CNY 349,132,542.57 in Q3 2022[35] - Cash inflow from financing activities in Q3 2023 was CNY 397,756,791.66, compared to CNY 210,000,000.00 in Q3 2022[35] Investments and Projects - As of the end of the reporting period, the total investment in the Ningbo Kehuan annual production capacity of 2 million tons cement grinding system relocation project reached 327.59 million RMB, accounting for 92.80% of the total investment[18] - The projected annual revenue from the Ningbo Kehuan cement grinding system relocation project is estimated at 88.1 million RMB, with a total profit of 20.99 million RMB per year[17] - The Hami Jinyun Energy Technology Co., Ltd. 300,000 tons/year coal tar deep processing project has completed an investment of 99.26 million RMB, exceeding the planned investment of 94 million RMB by 105.59%[21] - The company plans to purchase 500 tank containers for the Hami Jinyun project, with a total procurement amount of 47.19 million RMB[22] - The Zhejiang Shangfeng Kehuan Building Materials Co., Ltd. 4,500 tons/day clinker production line project has completed several preliminary approvals and is progressing towards construction[20] - The investment profit margin for the Ningbo Kehuan project is projected at 6.30%, with a static payback period of 13.17 years[17] - The company has entered the normal production phase for the main engineering projects of the cement grinding system relocation project as of September 30, 2023[18] Shareholder Information - The company’s major shareholders include Ningbo Chengjian Investment Group Co., Ltd., holding 71.95% of shares, and Ningbo Development Investment Group Co., Ltd., holding 5.00%[14] - The company’s total number of ordinary shareholders at the end of the reporting period was 24,770[14] Expenses - The company reported a decrease in management expenses by 37.18% year-on-year, amounting to ¥74,000,000[11] - The company experienced a decrease in income tax expenses to CNY 55,696,333.08 in Q3 2023 from CNY 64,259,956.55 in Q3 2022, reflecting a 13.5% reduction[30] Inventory and Borrowings - The company's inventory at the end of the reporting period was ¥348,000,000, an increase of 60.64% compared to the beginning of the year[11] - The company's inventory as of September 30, 2023, was CNY 347,924,396.96, which is a significant increase of 60.73% from CNY 216,581,747.19 in the previous year[25] - Short-term borrowings increased by 113.42% to ¥455,000,000, primarily due to increased bank loans for fuel oil business[11]