海洋王(002724) - 2023 Q3 - 季度财报

Financial Performance - Revenue for the third quarter was RMB 302.22 million, a decrease of 26.46% year-over-year[5] - Net profit attributable to shareholders was RMB 8.54 million, down 52.86% year-over-year[5] - Basic earnings per share for the third quarter were RMB 0.0108, a decrease of 53.45% year-over-year[5] - Total operating revenue for the current period is 1,141,631,231.00 yuan, a decrease from the previous period's 1,210,850,192.05 yuan[18] - Net profit for the current period is 90,885,698.60 yuan, down from 104,128,647.19 yuan in the previous period[19] - Total comprehensive income for the current period is 90,729,096.23 yuan, down from 103,686,667.08 yuan in the previous period[19] - Minority shareholder's comprehensive income decreased to 1,877,694.07 yuan from 15,984,221.62 yuan[19] - The decrease in net profit was mainly due to a reduction in construction project revenue[9] Cash Flow and Liquidity - Operating cash flow for the first nine months was RMB 10.13 million, an increase of 106.98% year-over-year[5] - Sales of goods and services received cash of 1,167,015,691.45 yuan, an increase from 1,082,459,897.10 yuan in the previous period[20] - Tax refunds received increased to 43,338,240.56 yuan from 31,048,189.66 yuan[20] - Net cash flow from operating activities turned positive at 10,125,017.61 yuan, compared to a negative 144,954,804.20 yuan in the previous period[20] - Net cash flow from investing activities was negative 116,330,265.78 yuan, a significant decrease from a positive 36,566,731.06 yuan in the previous period[20] - Net cash flow from financing activities improved to 19,418,053.39 yuan from a negative 131,788,986.29 yuan[21] - The company's cash and cash equivalents decreased by 83,491,293.45 yuan, compared to a decrease of 234,904,447.77 yuan in the previous period[21] - The ending balance of cash and cash equivalents was 243,103,046.44 yuan, down from 326,594,339.89 yuan at the beginning of the period[21] - Cash and cash equivalents decreased to RMB 261,246,241.19 from RMB 343,090,957.26 at the start of the year[15] Assets and Liabilities - Total assets at the end of the reporting period were RMB 3.82 billion, a decrease of 1.12% compared to the end of the previous year[5] - Total assets as of September 30, 2023, amounted to RMB 3,821,828,547.66, a slight decrease from RMB 3,864,942,747.54 at the beginning of the year[15] - Total current assets were RMB 2,436,568,786.92, down from RMB 2,661,990,095.14 at the beginning of the year[15] - Non-current assets increased to RMB 1,385,259,760.74 from RMB 1,202,952,652.40 at the start of the year[15] - Total liabilities increased to 760,111,110.77 yuan from 635,902,691.62 yuan[16] - Total owner's equity decreased to 3,104,831,636.77 yuan from 3,185,925,856.04 yuan[16] - Trade receivables stood at RMB 762,277,052.52, down from RMB 874,855,948.91 at the beginning of the year[15] - Inventory decreased to RMB 145,097,879.44 from RMB 156,962,234.12 at the start of the year[15] Shareholders and Equity - The number of ordinary shareholders at the end of the reporting period was 19,685[11] - The largest shareholder, Xu Su, holds 35.52% of the company's shares[11] - The second-largest shareholder, Zhou Shi, holds 32.86% of the company's shares[11] - The company's largest shareholder, Xu Su, holds 274,029,734 shares, representing a significant portion of the total shares[12] Expenses and Investments - Sales expenses increased to 427,347,297.25 yuan from 387,296,915.57 yuan[18] - R&D expenses decreased to 79,124,053.34 yuan from 81,971,185.09 yuan[18] - Non-recurring gains and losses for the third quarter amounted to RMB 12.22 million, primarily due to government subsidies and financial investment gains[6] Corporate Actions and Changes - The company changed the implementation method, location, and use of some of the funds raised from its initial public offering[13] - The company's wholly-owned subsidiary, Ocean King (Dongguan) Lighting Technology Co., Ltd., completed business registration changes and obtained a new business license[13] - The company received 50,630,000.00 yuan in loans, up from 20,000,000.00 yuan in the previous period[21] - The company repaid 20,000,000.00 yuan in debt, compared to 8,000,000.00 yuan in the previous period[21] - The company's third-quarter report was not audited[22]