宗申动力(001696) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥1,778,428,010.16, an increase of 1.60% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥113,933,644.16, a decrease of 14.14% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was ¥109,525,775.93, down 22.62% from the previous year[4]. - Total operating revenue for Q3 2023 was approximately ¥5.88 billion, a decrease of 8.7% from ¥6.44 billion in Q3 2022[22]. - Net profit for Q3 2023 was approximately ¥392 million, down 4.7% from ¥411 million in Q3 2022[22]. - Operating profit for Q3 2023 was approximately ¥427 million, a decrease of 7.2% from ¥460 million in Q3 2022[22]. - Basic earnings per share for Q3 2023 was ¥0.3261, down from ¥0.3451 in Q3 2022[23]. Cash Flow - The company reported a significant decrease in cash flow from operating activities, which was ¥315,784,498.80, down 72.75% year-to-date[4]. - Net cash flow from operating activities decreased by 72.75% to ¥31,578.45 million, mainly due to a reduction in the collection of receivables[12]. - Cash inflow from operating activities was approximately ¥5.71 billion, a decrease of 20.5% from ¥7.18 billion in Q3 2022[25]. - The net cash flow from operating activities for Q3 2023 was ¥315,784,498.80, a decrease of 72.7% compared to ¥1,158,797,667.98 in Q3 2022[26]. - Cash inflow from investment activities totaled ¥452,354,629.70, down from ¥2,166,209,718.35 in the same period last year, representing a decline of 79.1%[26]. - The net cash flow from investment activities was -¥805,367,323.09, compared to -¥209,155,707.44 in Q3 2022, indicating a worsening of 284.5%[26]. - Cash inflow from financing activities increased to ¥2,223,277,461.25, up from ¥1,113,414,191.02, marking a growth of 99.5% year-over-year[26]. - The net cash flow from financing activities was ¥306,723,255.85, a significant improvement from -¥1,228,898,590.90 in Q3 2022[26]. Assets and Liabilities - The total assets at the end of the reporting period reached ¥9,659,957,935.15, representing an increase of 11.91% compared to the end of the previous year[4]. - The company’s total liabilities increased significantly, with short-term borrowings rising by 60.74% to ¥40,426.41 million[8]. - The company's cash and cash equivalents decreased by 42.38% to -¥15,393.59 million, primarily due to changes in financing activities[12]. - Current assets totaled CNY 4,854,364,175.20, up from CNY 4,333,255,230.19, indicating an increase of about 12.0%[19]. - Total liabilities increased to CNY 4,378,150,044.16 from CNY 3,521,836,313.42, reflecting a growth of approximately 24.4%[20]. - Long-term borrowings increased to CNY 632,000,000.00 from CNY 303,780,000.00, representing a growth of approximately 108.1%[20]. Investments and Development - The company increased its investment in new product development, with development expenditures rising to ¥5,500.79 million, an increase of 87.99%[8]. - Investment income surged by 542.04% to ¥1,859.40 million, primarily driven by increased gains from forward foreign exchange contracts[9]. - Research and development expenses increased to approximately ¥219 million, up 23.5% from ¥177 million in Q3 2022[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 62,313[14]. - The top ten shareholders held a combined 42.46% of the company's shares, with the largest shareholder owning 20.10%[14]. Other Financial Metrics - Financial expenses increased by 129.88% to ¥1,924.52 million due to a decrease in exchange gains from the appreciation of the US dollar[9]. - Other income decreased by 35.63% to ¥2,336.11 million, mainly due to a reduction in government subsidies related to income[9]. - The company reported a decrease in the weighted average return on net assets, which fell by 0.46 percentage points to 2.38%[4]. - The company's inventory decreased to CNY 794,284,462.50 from CNY 817,968,262.27, a reduction of approximately 2.9%[19]. - The company paid ¥629,270,650.57 in employee compensation during the quarter, an increase of 8.8% from ¥578,336,867.61 in Q3 2022[26]. - Tax payments increased to ¥120,879,268.06, up 64.2% from ¥73,508,274.86 in the same quarter last year[26].