ST花王(603007) - 2023 Q3 - 季度财报

Revenue and Profit Performance - Revenue for the reporting period was RMB 63.68 million, a decrease of 1.48% year-over-year[5] - Net profit attributable to shareholders of the listed company was RMB 11.42 million for the reporting period, but a loss of RMB 34.34 million year-to-date[5] - Operating income for the first three quarters of 2023 was 113,912,399.51 RMB, a decrease of 23.1% compared to 148,177,636.54 RMB in the same period last year[20] - Net profit attributable to the parent company's owners decreased from -349,760,325.99 RMB to -384,100,101.72 RMB, a further loss of 9.8%[19] - Net profit attributable to parent company shareholders was -34.34 million yuan, a decrease of 53.00 million yuan compared to the same period last year[21] - Sales revenue from goods and services was 113.30 million yuan, a decrease from 201.57 million yuan in the same period last year[24] Cash Flow and Financial Liquidity - Operating cash flow for the year-to-date was negative RMB 41.48 million, a significant decrease of 705.56% year-over-year[5] - The decrease in operating cash flow was mainly due to a reduction in cash received from sales and services[9] - Operating cash flow was -41.48 million yuan, a significant decrease from 6.85 million yuan in the same period last year[24] - Investment cash flow was 23.42 million yuan, an improvement from -21.65 million yuan in the same period last year[25] - Financing cash flow was -7.82 million yuan, a decrease from 42.12 million yuan in the same period last year[25] - Total cash and cash equivalents at the end of the period were 10.43 million yuan, a decrease from 37.61 million yuan at the end of the same period last year[26] Assets and Liabilities - Total assets at the end of the reporting period were RMB 2.44 billion, a decrease of 1.22% compared to the end of the previous year[6] - Total assets decreased from 2,474,624,246.98 RMB to 2,444,362,866.01 RMB, a decline of 1.2%[17][18] - Current assets decreased from 1,295,703,731.11 RMB to 1,266,449,854.09 RMB, a decline of 2.3%[17] - Accounts receivable increased from 257,636,358.72 RMB to 306,207,777.22 RMB, an increase of 18.9%[17] - Inventory increased from 77,075,274.91 RMB to 105,974,510.76 RMB, an increase of 37.5%[17] - Total liabilities decreased from 2,193,962,325.38 RMB to 2,104,206,420.23 RMB, a decline of 4.1%[18] - Short-term borrowings remained stable at 245,792,968.77 RMB[18] Shareholder Equity and Earnings - Shareholders' equity attributable to the listed company increased by 15.13% to RMB 319.97 million compared to the end of the previous year[6] - The weighted average return on equity (ROE) for the reporting period was 3.82%, an increase of 6.15 percentage points[5] - Basic earnings per share (EPS) for the reporting period was RMB 0.03, while year-to-date EPS was a loss of RMB 0.10[5] - Basic earnings per share were -0.10 yuan, an improvement from -0.16 yuan in the same period last year[22] - Comprehensive income attributable to parent company shareholders was -34.34 million yuan, an improvement from -53.00 million yuan in the same period last year[22] Non-Recurring Items and Impairments - Non-recurring gains and losses for the reporting period amounted to RMB 30.15 million, primarily due to the disposal of a subsidiary[7][9] - Credit impairment loss was -11.23 million yuan, an improvement from -19.66 million yuan in the same period last year[21] - Asset impairment loss was 25.44 million yuan, an increase from 22.16 million yuan in the same period last year[21] Shareholding and Convertible Bonds - Total number of common shares at the end of the reporting period is 11,865,000[11] - The largest shareholder, Huawang International Construction Group, holds 128,745,000 shares, representing 36.80% of total shares[11] - The company received a credit rating of "B+" for its convertible bonds from Far East Credit Rating Co., Ltd. on June 29, 2022[14] - The conversion price of "Huawang Convertible Bonds" was adjusted from 6.92 yuan/share to 4.48 yuan/share starting September 13, 2022[14] Restructuring and Legal Matters - The company signed a pre-restructuring investment agreement on January 30, 2023, with pre-restructuring investors paying 160 million yuan as restructuring intention funds[15] - The pre-restructuring period was extended to September 30, 2023, as per the decision of Zhenjiang Intermediate People's Court on May 16, 2023[15] - The pre-restructuring period was further extended to March 29, 2024, as per the court decision on September 27, 2023[15] Operating Costs and Expenses - Operating costs for the first three quarters of 2023 were 191,501,608.31 RMB, a decrease of 17.8% compared to 232,977,735.01 RMB in the same period last year[20] - The company's net profit was impacted by the completion of amortization of financing income from certain BT projects[9]