Financial Performance - The company's operating revenue for the first nine months of 2023 reached ¥268,826,057.82, representing a year-on-year increase of 5.86% compared to ¥253,944,630.66 in the same period last year[11]. - Net profit attributable to shareholders for the same period was ¥55,186,876.43, a significant increase of 48.45% from ¥37,175,196.73 in the previous year[11]. - The company's gross profit margin improved, with operating profit rising to ¥62,835,951.14, an increase of 48.59%[13]. - The total comprehensive income attributable to the parent company was 55,186,876.43, compared to 37,175,196.73 in the previous year, indicating a significant increase[34]. - Basic earnings per share increased to 0.63 from 0.59, reflecting improved profitability[34]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 64.83%, amounting to ¥13,646,899.46, down from ¥38,804,422.92 in the previous year[11]. - The company's cash and cash equivalents decreased by 64.97% to ¥73,769,614.26 due to investments in structured deposits and project funding[12]. - Cash inflow from operating activities totaled 179,191,152.13, up from 175,646,135.94 year-over-year[36]. - The net cash flow from operating activities decreased to 13,646,899.46 from 38,804,422.92, indicating a decline in operational efficiency[37]. - The ending cash and cash equivalents balance was 50,556,397.54, up from 29,722,643.94, reflecting improved liquidity[38]. Assets and Liabilities - The company's total assets as of September 30, 2023, were ¥560,127,268.69, showing a slight increase of 0.42% from ¥557,770,007.39 at the end of the previous year[11]. - Current assets totaled ¥408,020,527.21 as of September 30, 2023, down from ¥437,580,428.67 at the end of 2022, reflecting a decrease of 6.3%[29]. - Non-current assets increased to ¥152,106,741.48 from ¥120,189,578.72, marking a growth of 26.5%[29]. - Total liabilities decreased to ¥124,496,891.87 from ¥157,042,069.24, a reduction of 20.7%[30]. Shareholder Information - The total number of ordinary shares at the end of the period was 87,550,002, with 2,540 shareholders[19]. - Major shareholders include Ding Yunlong with 32.69% and Wuxi Fangsheng Industrial Co., Ltd. with 12.80%[20]. - The proportion of unrestricted shares increased from 22.84% to 27.62% during the reporting period[19]. - The total number of limited shares decreased from 70.76% to 72.38% during the reporting period[19]. Operational Highlights - The company reported a 61.93% increase in sales revenue from heat exchange systems, indicating successful product category performance[12]. - The company plans to expand its production capacity with a new project aimed at producing 200,000 energy-efficient heat exchanger systems annually[12]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[32]. Tax and Government Subsidies - The company reported a government subsidy of CNY 2,964,297.19, which is closely related to its business operations[15]. - The company received 5,504,859.65 in tax refunds, an increase from 4,883,370.57, indicating better tax management[37]. Other Information - The company has no significant litigation or arbitration matters during the reporting period[24]. - There were no pledges or judicial freezes on shares held by major shareholders[22]. - The company has fulfilled its commitments as disclosed in the prospectus[24]. - Non-recurring profit and loss totaled CNY 7,247,161.41, with a net amount of CNY 6,157,993.80 after tax effects[15]. - The deferred income tax liabilities at the end of the reporting period were CNY 5,503,901.96, showing a slight decrease from the previous year[17]. - The company's sales expenses increased by 50.35% to ¥5,178,141.96, driven by new sales personnel and increased marketing activities[12].
方盛股份(832662) - 2023 Q3 - 季度财报