Financial Performance - Net profit attributable to shareholders was CNY -390,740,846.67, a decline of 154.82% year-on-year[8]. - Operating revenue for the first nine months was CNY 4,274,056,302.26, down 7.55% from the same period last year[8]. - Basic earnings per share were CNY -0.66, a decline of 143.42% year-on-year[8]. - The net profit for the first nine months of 2023 decreased significantly to -390,740,846.67 yuan, representing a decline of 155.82% compared to the previous period[11]. - Operating profit for the first nine months of 2023 was a loss of CNY 417,512,007.59, compared to a profit of CNY 795,263,227.18 in the same period of 2022[34]. - Net profit for the first nine months of 2023 was a loss of CNY 390,740,846.67, down from a profit of CNY 700,038,278.96 in 2022, indicating a significant decline[34]. - Basic and diluted earnings per share for the first nine months of 2023 were both CNY -0.66, compared to CNY 1.52 in the same period of 2022[35]. Cash Flow - Cash flow from operating activities was CNY -622,885,684.58, a decrease of 294.88% compared to the previous year[8]. - The net cash flow from operating activities for the year-to-date was -622,885,684.58 yuan, a decrease of 294.88%, primarily due to increased cash payments for labor and reduced cash receipts from sales[11]. - Operating cash flow for the first nine months of 2023 was -622,885,684.58 yuan, down from 319,622,740.19 yuan in the same period of 2022[39]. - Cash flow from investing activities for the first nine months of 2023 was -540,528,623.29 yuan, compared to -495,329,578.22 yuan in the same period of 2022, reflecting an increase in cash outflow[40]. - Cash flow from financing activities for the first nine months of 2023 was 1,154,452,456.42 yuan, compared to 1,060,882,451.20 yuan in the same period of 2022, showing an increase of approximately 8.8%[41]. - The company’s net cash flow decreased by 8,961,851.45 yuan in the first nine months of 2023, compared to an increase of 885,175,613.17 yuan in the same period of 2022[41]. Assets and Liabilities - Total assets decreased by 1.63% to CNY 5,873,383,603.21 compared to the end of last year[8]. - Total current assets decreased to ¥3,307,361,827.38 from ¥3,922,231,030.73, a decline of approximately 15.6% year-over-year[25]. - Total liabilities decreased to ¥3,241,543,978.55 from ¥3,588,089,838.84, a reduction of approximately 9.7%[27]. - Total liabilities as of the reporting date were CNY 3,232,808,219.06, a decrease from CNY 3,348,075,371.06 in the previous year[31]. - Total equity increased to CNY 2,880,264,450.50 in 2023 from CNY 2,472,467,304.50 in 2022, reflecting an increase of approximately 16.5%[31]. Inventory and Borrowings - The company’s inventory decreased by 51.42% to CNY 646,546,759.90, attributed to accelerated turnover and lower raw material prices[10]. - Short-term borrowings increased by 198.93% to CNY 747,330,462.17 due to a significant increase in short-term liquidity[10]. - Short-term borrowings increased to ¥747,330,462.17 from ¥250,000,000.00, an increase of approximately 199.3%[26]. Shareholder Information - The total number of ordinary shares increased from 561,510,821 to 611,510,821 shares during the reporting period[16]. - The largest shareholder, Liu Guoan, holds 69,838,558 shares, representing 11.42% of the total shares[17]. - The total number of shareholders holding more than 5% of shares decreased slightly to 229,437,346 shares, accounting for 37.52% of total shares[17]. - The company repurchased 5,000,000 shares at a total cost of 42,722,572.78 yuan, which is 61.03% of the maximum planned repurchase amount[21]. - The second share repurchase plan aims to buy back shares at a price not exceeding 12.00 yuan per share, with a total planned expenditure between 1,500.00 million and 2,500.00 million yuan[21]. Research and Development - Research and development expenses for the first nine months of 2023 were CNY 137,231,561.71, up from CNY 83,615,280.27 in 2022, representing an increase of about 64.3%[34]. Other Information - There were no significant legal disputes or external guarantees reported during the period[20]. - Non-recurring gains and losses totaled 12,869,067.25 yuan, with a net amount after tax of 10,963,561.13 yuan[13]. - The company reported a credit impairment loss of CNY -30,478,413.05 in 2023, compared to CNY -7,480,855.92 in 2022, indicating a deterioration in asset quality[34]. - The company experienced a significant decline in gross profit margin due to fluctuations in raw material prices and lower-than-expected customer demand[11].
安达科技(830809) - 2023 Q3 - 季度财报