华宏科技(002645) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,836,334,499.05, a decrease of 2.71% compared to the same period last year[5] - Net profit attributable to shareholders was ¥32,146,525.84, representing a significant increase of 127.02% year-on-year[5] - Basic earnings per share for Q3 2023 were ¥0.0552, up 127.16% from the same period last year[5] - Total operating revenue for Q3 2023 was ¥5,365,391,333.39, a decrease of 18.0% compared to ¥6,546,292,068.70 in Q3 2022[19] - Net profit for Q3 2023 was a loss of ¥167,652,434.37, compared to a profit of ¥397,107,179.98 in Q3 2022, representing a significant decline[20] - Basic earnings per share for Q3 2023 were -¥0.2655, compared to ¥0.6905 in Q3 2022, indicating a significant decline in profitability[21] Cash Flow - The cash flow from operating activities for the year-to-date was ¥467,203,688.05, showing an increase of 804.45% compared to the previous year[5] - The net cash flow from operating activities for Q3 2023 was ¥467,203,688.05, a turnaround from a negative cash flow of ¥66,321,358.59 in Q3 2022[22] - The net cash flow from financing activities was -¥346,614,065.73, a decrease of 184.19% attributed to increased cash dividends and share repurchases[10] - The net cash flow from financing activities was -346,614,065.73 CNY, contrasting with a positive flow of 411,710,333.48 CNY in the previous year[24] - The cash inflow from investment activities was 1,663,958,936.72 CNY, down from 3,577,846,717.00 CNY year-over-year[24] - The company experienced a cash decrease of 46,914,313.20 CNY during the quarter, compared to an increase of 34,292,930.81 CNY in the same period last year[24] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥5,988,563,529.99, a decrease of 7.48% from the end of the previous year[5] - The total current assets decreased to ¥3,620,582,880.20 from ¥4,077,352,665.83[15] - The total liabilities as of Q3 2023 were ¥2,189,476,865.49, down from ¥2,380,889,288.37 in the previous year[20] - The total equity attributable to shareholders of the parent company decreased to ¥3,719,077,961.78 from ¥3,997,459,859.52 year-over-year[20] - The total non-current liabilities include long-term borrowings of ¥290,141,157.00, an increase from ¥200,100,000.00[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,341[11] - The largest shareholder, Jiangsu Huahong Industrial Group Co., Ltd., holds 34.54% of shares, totaling 200,884,632 shares[11] Investment and Expenses - The company reported a significant increase in investment income of 189.32%, amounting to ¥12,956,020.06 for the year-to-date[9] - The company experienced a 168.64% increase in financial expenses, totaling ¥46,126,228.14, due to interest expenses from convertible bonds[9] - Research and development expenses for Q3 2023 were ¥181,154,204.79, a decrease of 25.3% from ¥242,391,620.99 in Q3 2022[19] - The company reported an investment income of ¥12,956,020.06 for Q3 2023, up from ¥4,478,053.46 in the same period last year[19] Inventory and Borrowings - The inventory as of September 30, 2023, is ¥1,765,523,384.16, down from ¥2,212,426,566.17[15] - Short-term borrowings decreased to ¥449,466,833.33 from ¥666,827,786.71[16] - The company adjusted the conversion price of its "Huahong Convertible Bonds" to ¥13.92 per share effective August 2, 2023[13]