瑞联新材(688550) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥315,959,113.64, representing an increase of 8.31% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥39,765,435.96, a decrease of 17.17% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥35,213,656.07, down 21.19% from the previous year[5] - The basic earnings per share for Q3 2023 was ¥0.29, down 40.82% compared to the same period last year[6] - Total revenue for the first three quarters of 2023 was CNY 931,979,254.99, a decrease of 21.5% compared to CNY 1,188,908,296.26 in the same period of 2022[19] - Net profit for Q3 2023 was approximately $98.06 million, down 53.1% from $209.18 million in Q3 2022[21] - Total profit for Q3 2023 was approximately $108.16 million, down 54.4% from $236.66 million in Q3 2022[21] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥3,296,022,101.16, a decrease of 1.33% compared to the end of the previous year[6] - As of September 30, 2023, total current assets amounted to CNY 1,850,318,506.78, down from CNY 1,939,169,598.69 at the end of 2022, reflecting a decrease of approximately 4.6%[15] - Total liabilities as of September 30, 2023, were CNY 358,999,154.50, down from CNY 384,953,179.58, showing a decrease of about 6.7%[17] - The company's total assets were CNY 3,296,022,101.16, slightly down from CNY 3,340,456,607.74 at the end of 2022, reflecting a decrease of approximately 1.3%[17] - The equity attributable to shareholders was CNY 2,937,022,946.66, a slight decrease from CNY 2,955,503,428.16, indicating a decline of about 0.6%[17] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥291,058,152.68, reflecting a significant decrease due to reduced cash payments for goods and services[6] - Cash flow from operating activities for the first three quarters of 2023 was approximately $291.06 million, an increase of 150% from $116.29 million in the same period of 2022[25] - The net cash flow from financing activities for Q3 2023 was -$124,234,575.29, compared to -$487,224,450.54 in Q3 2022[26] - The net increase in cash and cash equivalents for Q3 2023 was -$101,217,168.79, down from -$199,576,113.33 in the same quarter last year[26] - The cash and cash equivalents balance at the end of Q3 2023 was $383,742,394.20, slightly up from $382,956,640.05 at the end of Q3 2022[26] Research and Development - The company's R&D investment totaled ¥33,312,928.98 in Q3 2023, which is 10.54% of operating revenue, an increase of 1.27 percentage points year-on-year[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,821[12] Market and Strategy - The company has not reported any new product developments or market expansion strategies in the current quarter[14] - The company plans to continue focusing on market expansion and new product development to drive future growth[20] Other Financial Metrics - The company reported a decrease in the weighted average return on equity to 1.36%, down 0.30 percentage points from the previous year[6] - The company reported a tax expense of approximately $10.10 million for Q3 2023, a decrease of 63.3% from $27.48 million in Q3 2022[21] - Other comprehensive income after tax for Q3 2023 was approximately $6.93 million, with no prior year comparison available[22] - Total operating costs for Q3 2023 were approximately $821.39 million, a decrease of 14.2% compared to $957.26 million in Q3 2022[20] - Basic and diluted earnings per share for Q3 2023 were both $0.72, compared to $2.14 in Q3 2022, reflecting a significant decline[22]