富瑞特装(300228) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥738,066,604.63, representing a 119.48% increase year-over-year[4] - Net profit attributable to shareholders was ¥21,502,964.46, up 135.36% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥16,884,960.84, reflecting a 135.47% increase year-over-year[4] - The basic earnings per share for the period was ¥0.0374, which is a 135.38% increase compared to the same period last year[4] - Operating profit improved significantly to ¥82,395,709.42, a 187.66% increase from a loss of ¥93,998,163.06 in the previous year[12] - Net profit for the current period was ¥54,914,849.43, marking a 157.50% increase from a net loss of ¥95,507,773.22 in the same period last year[12] - Total operating revenue for the period reached CNY 2,113,162,440.43, a significant increase from CNY 1,090,881,106.72 in the previous period, representing an increase of approximately 93.5%[23] - Net profit for the period was CNY 54,914,849.43, a turnaround from a net loss of CNY 95,507,773.22 in the same period last year[25] - The company reported a basic and diluted earnings per share of CNY 0.0681, compared to a loss per share of CNY -0.1738 in the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥4,197,060,359.94, a 10.73% increase from the end of the previous year[4] - The company’s total liabilities reached CNY 2,329,123,968.36, an increase from CNY 2,034,295,497.26 in the previous period[25] - The company’s equity attributable to shareholders increased by 2.43% to ¥1,771,072,012.76 compared to the previous year[5] - As of September 30, 2023, total assets increased to approximately 4.20 billion yuan from 3.79 billion yuan at the beginning of the year, reflecting a growth of about 10.9%[21] - The company reported a total current liabilities of approximately 2.31 billion yuan, up from 1.95 billion yuan, reflecting an increase of about 17.6%[21] Cash Flow - Cash flow from operating activities for the year-to-date was ¥347,317,428.53, showing an 84.65% increase[4] - The net cash flow from operating activities increased by 84.65% to ¥347,317,428.53, up from ¥188,099,812.39 in the previous year, primarily due to increased customer payments[12] - The net cash flow from operating activities for Q3 2023 was CNY 347,317,428.53, an increase of 84.93% compared to CNY 188,099,812.39 in Q3 2022[28] - The total cash and cash equivalents at the end of Q3 2023 reached CNY 555,401,485.92, up 26.25% from CNY 439,954,176.31 at the end of Q3 2022[28] - Cash inflow from operating activities totaled CNY 2,331,645,832.10, up from CNY 1,598,921,839.25 in the previous period[27] Expenses and Costs - Research and development expenses rose to ¥74,434,415.06, reflecting a 60.16% increase from ¥46,474,205.83 in the previous year, indicating a focus on innovation[12] - Total operating costs amounted to CNY 2,030,547,914.81, compared to CNY 1,151,905,613.62 in the prior period, reflecting an increase of about 76.5%[23] - Financial expenses surged by 502.78% to ¥13,990,756.21, mainly due to a decrease in foreign exchange gains[12] Other Income and Gains - The company reported a significant increase in other income, which rose by 140.62% to ¥6,640,604.00, attributed to increased government subsidies[12] - The company’s non-recurring gains totaled ¥4,618,003.62 for the reporting period, compared to a loss of ¥4,692,959.70 in the previous year[7] - The company reported a significant reduction in comprehensive loss, with total comprehensive income for the period at CNY 55,120,715.32, compared to a loss of CNY -94,838,733.36 in the previous year[26] Investments and Financing - The company plans to terminate certain fundraising projects and permanently supplement working capital with 213.74 million yuan from the remaining funds[16] - The company completed a capital increase of 80 million yuan for its subsidiary, with the company contributing 56 million yuan and its partner contributing 24 million yuan[17] - The cash inflow from financing activities was CNY 596,656,788.00, an increase of 26.39% compared to CNY 472,258,964.94 in Q3 2022[28] - The net cash flow from financing activities showed a decrease to -CNY 64,007,182.36, compared to a positive cash flow of CNY 9,183,807.65 in Q3 2022[28] Inventory and Receivables - The company reported a significant increase in accounts receivable financing, which rose by 150.38% to ¥135,741,286.94[11] - The company experienced a 64.83% increase in accounts payable, totaling ¥712,215,460.12, due to increased procurement of main materials[11] - Inventory increased to approximately 953.98 million yuan from 864.21 million yuan, representing an increase of about 10.4%[21] - Accounts payable increased to approximately 712.22 million yuan from 517.43 million yuan, an increase of about 37.6%[21] Audit and Reporting - The company did not undergo an audit for the Q3 2023 report[29] - The report was released by the board of directors on October 25, 2023[30]