Financial Performance - Net profit attributable to shareholders decreased by 25.54% to CNY 57,785,359.73 from CNY 77,608,452.77 year-on-year[9] - Operating income for the first nine months of 2023 was CNY 269,458,425.69, a 5.37% increase from CNY 255,729,626.48 in the same period last year[9] - The weighted average return on net assets based on net profit attributable to shareholders dropped to 10.15% from 20.65% year-on-year[9] - Operating profit for the first nine months of 2023 was CNY 65,821,889.25, compared to CNY 91,218,327.12 in 2022, reflecting a decline of approximately 27.8%[43] - Net profit for the first nine months of 2023 was CNY 57,785,359.73, down from CNY 77,608,452.77 in 2022, indicating a decrease of about 25.6%[44] - The total profit for the first nine months of 2023 was CNY 65,801,762.85, down from CNY 91,165,552.39 in 2022, reflecting a decrease of about 27.8%[44] Assets and Liabilities - Total assets increased by 80.56% to CNY 1,123,563,914.65 compared to CNY 622,262,639.10 at the end of the previous year[9] - The company’s total liabilities to assets ratio decreased to 24.88% from 32.87% year-on-year, indicating improved financial stability[9] - The company reported a 267.12% increase in intangible assets, reaching CNY 54,664,594.67, primarily due to the acquisition of land use rights for a new graphite project[11] - Current liabilities rose to CNY 263,556,296.17, compared to CNY 191,922,593.84, marking an increase of 37.3%[35] - Total liabilities reached CNY 279,509,992.58, up from CNY 204,548,363.38, indicating a growth of 36.5%[36] - Shareholders' equity increased to CNY 844,053,922.07 from CNY 417,714,275.72, showing a growth of 102.1%[36] Cash Flow - Cash flow from operating activities showed a significant decline of 316.52%, resulting in a net outflow of CNY -87,336,563.54[9][12] - Cash inflow from operating activities for the first nine months of 2023 was CNY 229,956,322.10, slightly up from CNY 229,903,878.58 in the same period of 2022[49] - Cash outflow from operating activities increased significantly to CNY 317,292,885.64 in 2023, compared to CNY 189,566,614.10 in 2022, resulting in a net cash flow from operating activities of -CNY 87,336,563.54[49] - Financing activities generated a net cash inflow of CNY 471,995,558.15 in 2023, a significant improvement from -CNY 18,027,167.75 in 2022, driven by increased capital raised[50] Shareholder Information - The total number of unrestricted shares decreased from 60,503,299 (50.84%) to 55,703,299 (46.81%) during the period[16] - The total number of restricted shares increased from 58,496,701 (49.16%) to 63,296,701 (53.19%) during the period[17] - The total share capital remained unchanged at 119,000,000 shares[17] - The number of shareholders holding ordinary shares reached 15,624[17] - The top ten shareholders collectively hold 64,946,456 shares, representing 54.58% of the total shares[19] Operational Costs and Expenses - Total operating costs for the first nine months of 2023 were CNY 207,927,037.33, up from CNY 168,741,104.32 in 2022, representing an increase of approximately 23.2%[43] - Research and development expenses increased to CNY 9,256,893.68 in 2023 from CNY 7,838,040.79 in 2022, marking a rise of about 18.1%[43] - Financial expenses rose significantly to CNY 4,544,916.22 in 2023 from CNY 573,407.71 in 2022, an increase of approximately 694.5%[43] - Tax expenses for the first nine months of 2023 were CNY 8,016,403.12, compared to CNY 13,557,099.62 in 2022, a decrease of about 40.7%[44] Inventory and Receivables - The company's inventory reached ¥373,693,804.73, up from ¥265,280,515.52 in the previous year, indicating a growth of approximately 40.9%[34] - The company's accounts receivable decreased to ¥44,605,474.74 from ¥6,153,787.84, reflecting a significant reduction in outstanding payments[34] - The company has a total of ¥5,211,333.94 in other receivables, down from ¥31,014,251.36 in the previous year[34] Government Support and Commitments - The company received government subsidies amounting to CNY 8,943,432.02, contributing to its non-recurring gains[14] - The company has no new commitments beyond those previously disclosed[22] Legal and Compliance - There were no significant legal disputes or arbitration matters reported during the period[22] - The company did not engage in any share buyback activities during the reporting period[22] - There were no pledges or judicial freezes on shares held by shareholders[20]
东方碳素(832175) - 2023 Q3 - 季度财报