福莱新材(605488) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was approximately ¥592.46 million, representing a 15.06% increase compared to ¥514.93 million in the same period last year[6]. - Net profit attributable to shareholders decreased by 34.23% to ¥15.54 million from ¥23.61 million year-on-year[6]. - The net profit after deducting non-recurring gains and losses fell by 45.73% to ¥12.53 million compared to ¥23.08 million in the previous year[6]. - Basic earnings per share decreased by 35.71% to ¥0.09 from ¥0.14 in the same period last year[7]. - The net profit attributable to shareholders decreased by 34.23%, primarily due to a 15.06% year-on-year increase in operating revenue, a temporary gross margin decline of 0.43%, and increased expenses from new subsidiaries[14]. - The net profit excluding non-recurring gains and losses fell by 45.73%, reflecting similar underlying issues as the net profit[15]. - Net profit for the third quarter of 2023 was ¥57,026,345.80, a decrease from ¥59,846,369.31 in the same quarter of 2022, representing a decline of approximately 4.7%[26]. - Operating profit for the third quarter of 2023 was ¥54,807,234.29, down from ¥65,351,300.33 in the previous year, showing a decrease of around 16.5%[26]. - Basic earnings per share for Q3 2023 were CNY 0.33, slightly down from CNY 0.34 in Q3 2022, indicating a decrease of approximately 2.9%[27]. Assets and Liabilities - Total assets increased by 51.18% to ¥2.81 billion from ¥1.86 billion year-on-year[7]. - Total assets as of the end of the third quarter of 2023 were ¥2,814,435,188.70, compared to ¥1,861,698,061.28 at the end of the same quarter in 2022, reflecting a growth of about 51.1%[22]. - Total liabilities for the third quarter of 2023 were ¥1,676,546,416.70, an increase from ¥751,186,275.19 in the same period of 2022, indicating a rise of approximately 123.5%[22]. - The company's total non-current assets reached ¥1,300,941,164.60, compared to ¥799,129,515.41 in the previous year, representing an increase of about 62.6%[22]. - The company's equity attributable to shareholders reached ¥1,074,738,702.83, compared to ¥1,047,725,157.65 in the previous year, showing a modest increase of about 2.6%[22]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥70.92 million, a significant recovery from a negative cash flow of ¥19.11 million in the previous year[6]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 70,918,319.18, compared to a negative cash flow of CNY -19,114,194.70 in the same period of 2022[28]. - The company's cash and cash equivalents increased significantly, with short-term borrowings rising to ¥209,755,283.34 from ¥75,087,618.06 in the previous year, reflecting an increase of approximately 179.5%[22]. - The company's cash and cash equivalents at the end of Q3 2023 amounted to CNY 577,617,998.86, up from CNY 374,655,257.55 at the end of Q3 2022, representing an increase of about 54.3%[28]. - The company received CNY 740,330,894.18 in cash from borrowings in Q3 2023, compared to CNY 195,804,020.00 in Q3 2022, marking an increase of approximately 276%[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,772[17]. - The largest shareholder, Xia Houjun, holds 54.44% of the shares, followed by Jiaxing Jinqi Investment Management Partnership with 7.29%[17]. Operational Metrics - Accounts receivable increased to approximately RMB 403.61 million from RMB 289.41 million, indicating a significant rise in credit sales[20]. - Inventory levels rose to approximately RMB 154.25 million, compared to RMB 126.65 million in the previous year, reflecting increased production or stockpiling[20]. - Research and development expenses for the third quarter of 2023 amounted to ¥64,227,352.00, up from ¥49,739,112.32 in the same period of 2022, marking an increase of approximately 29.1%[25]. Government Subsidies and Non-Recurring Items - The company reported a government subsidy of ¥3.50 million for the current period, contributing to its non-recurring gains[12]. - Non-recurring gains and losses for the current period amounted to ¥3.01 million, down from ¥7.78 million year-to-date[13]. Changes in Accounting Standards - The company has implemented adjustments in its financial reporting due to new accounting standards, affecting deferred tax assets and liabilities[9].