利尔达(832149) - 2023 Q3 - 季度财报

Part I Important Notice Company management assures the truthfulness, accuracy, and completeness of this unaudited quarterly report, noting forward-looking statements are not substantial commitments - Company directors, supervisors, and senior management ensure the report's truthfulness, accuracy, and completeness[4] - This quarterly report remains unaudited by an accounting firm[4][5] - Forward-looking statements regarding future plans do not constitute substantial commitments; investors should be aware of related risks[4] Part II Key Financial Data The company experienced significant performance decline in the first three quarters of 2023, with revenue down 13.46% and net profit turning to loss, alongside a 148.21% decrease in operating cash flow and a 57.88% inventory increase 2023 First Three Quarters and Third Quarter Key Financial Indicators | Item | Year-to-Date (Jan-Sep) | YoY Change % | Current Period (Jul-Sep) | YoY Change % | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 1,676,740,778.32 | -13.46% | 612,023,912.38 | -6.08% | | Net Profit Attributable to Listed Company Shareholders (RMB) | -1,392,403.29 | -101.48% | -6,860,214.94 | -138.68% | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items) (RMB) | -9,560,789.65 | -112.03% | -6,746,945.37 | -147.51% | | Net Cash Flow from Operating Activities (RMB) | -85,820,853.05 | -148.21% | -39,055,029.57 | -0.07% | Key Balance Sheet Indicators at Report End | Item | Report End (2023-09-30) | Change from Prior Year-End % | | :--- | :--- | :--- | | Total Assets (RMB) | 1,978,110,969.52 | 4.38% | | Net Assets Attributable to Listed Company Shareholders (RMB) | 787,103,075.86 | 4.57% | - Performance decline is primarily due to the electronic components market downturn affecting product revenue and gross margin, coupled with increased R&D investment[12] - Inventory increased by 57.88% from the beginning of the year, mainly due to the delivery of strategic stocking orders[11] - Net cash flow from operating activities decreased by 148.21% year-on-year, primarily due to increased payments for purchases during the reporting period[12] Shareholders and Share Capital Structure As of the reporting period end, the company's total share capital was 421.63 million shares, with the controlling shareholder holding 42.52% and the top ten shareholders collectively holding 70.99%, indicating concentrated equity Top Two Shareholders' Holdings | Shareholder Name | Holding Percentage % | Nature of Shares | | :--- | :--- | :--- | | Hangzhou Lierda Holding Group Co., Ltd. | 42.52% | Domestic Non-State-Owned Legal Person | | Chen Kai | 11.46% | Domestic Natural Person | - The top ten shareholders collectively hold 70.99% of shares, indicating relatively concentrated equity[20] - Key shareholders Chen Kai, Ye Wenguang, and Chen Yun have family relationships and are also shareholders of the controlling shareholder; some shareholders are executive partners of employee stock ownership platforms[20] Part III Compliance and Details of Significant Events All significant events during the reporting period, including external guarantees, related-party transactions, and asset pledges, complied with review and disclosure requirements - The company's significant events, including external guarantees, routine related-party transactions, equity incentives, and asset pledges, complied with review and disclosure requirements[23] Summary of External Guarantees | Guaranteed Party | Total Guaranteed Amount (RMB) | Actual Performed Amount (RMB) | Nature of Guarantee | | :--- | :--- | :--- | :--- | | Affiliated Subsidiaries | 559,000,000.00 | 490,157,058.21 | Joint and Several Liability Guarantee | - The company continues its 2021 employee stock ownership plan, implemented through a private placement of shares[27][28][29] Asset Pledges | Asset Category | Type of Restricted Right | Book Value (RMB) | Percentage of Total Assets % | Reason | | :--- | :--- | :--- | :--- | :--- | | Fixed Assets | Mortgage | 38,260,466.02 | 1.93% | For mortgage loans and issuance of letters of credit | | Intangible Assets | Mortgage | 1,173,569.81 | 0.06% | For mortgage loans | Part IV Audit Status This quarterly financial report is unaudited - This quarterly financial report is unaudited[32] Financial Statements This section presents the company's detailed consolidated and parent company financial statements for Q3 2023, including balance sheets, income statements, and cash flow statements Consolidated Balance Sheet As of September 30, 2023, total assets were RMB 1.978 billion, up 4.38% from year-end, with inventory significantly increasing to RMB 1.078 billion and accounts receivable decreasing to RMB 403 million Key Items of Consolidated Balance Sheet | Item | September 30, 2023 | December 31, 2022 | | :--- | :--- | :--- | | Total Assets (RMB) | 1,978,110,969.52 | 1,895,170,284.93 | | Inventory (RMB) | 1,077,643,262.90 | 682,566,433.19 | | Accounts Receivable (RMB) | 402,575,663.96 | 679,051,917.21 | | Total Liabilities (RMB) | 1,185,403,810.08 | 1,141,425,831.25 | | Total Owner's Equity (RMB) | 792,707,159.44 | 753,744,453.68 | Consolidated Income Statement In the first three quarters of 2023, operating revenue was RMB 1.677 billion, down 13.46%, resulting in an operating loss of RMB 3.28 million and a net loss attributable to parent company owners of RMB 1.39 million Key Items of Consolidated Income Statement (Jan-Sep 2023) | Item | Jan-Sep 2023 | Jan-Sep 2022 | | :--- | :--- | :--- | | Total Operating Revenue (RMB) | 1,676,740,778.32 | 1,937,623,023.78 | | Operating Cost (RMB) | 1,455,763,758.78 | 1,589,709,145.70 | | R&D Expenses (RMB) | 80,921,280.47 | 74,035,619.71 | | Operating Profit (RMB) | -3,284,357.20 | 116,257,797.57 | | Net Profit Attributable to Parent Company Owners (RMB) | -1,392,403.29 | 93,794,707.06 | Consolidated Cash Flow Statement Net cash flow from operating activities was -RMB 85.82 million in the first three quarters of 2023, with net cash inflow from financing activities of RMB 104 million, and period-end cash and cash equivalents at RMB 144 million Key Items of Consolidated Cash Flow Statement (Jan-Sep 2023) | Item | Jan-Sep 2023 | Jan-Sep 2022 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities (RMB) | -85,820,853.05 | -34,576,312.44 | | Net Cash Flow from Investing Activities (RMB) | -34,487,021.13 | -67,568,078.38 | | Net Cash Flow from Financing Activities (RMB) | 104,117,407.48 | 56,975,159.11 | | Net Increase in Cash and Cash Equivalents (RMB) | -15,748,909.41 | -41,670,403.13 |