Financial Performance - Operating revenue increased by 2.98% to CNY 367,645,339.87 for the first nine months of 2023 compared to the same period last year[10]. - Net profit attributable to shareholders decreased by 16.78% to CNY 29,963,842.30 for the first nine months of 2023 compared to the same period last year[10]. - Revenue for Q3 2023 increased by 18.47% to CNY 131,049,608.32 compared to Q3 2022[10]. - Net profit attributable to shareholders for Q3 2023 decreased by 30.23% to CNY 8,500,938.11 compared to Q3 2022[10]. - Total operating revenue for the first nine months of 2023 reached CNY 367,645,339.87, an increase from CNY 356,989,958.72 in the same period of 2022, reflecting a growth of approximately 0.4%[36]. - Basic and diluted earnings per share for the first nine months of 2023 were both ¥0.462, down from ¥0.694 in 2022, representing a decrease of approximately 33.4%[38]. - The total comprehensive income for the first nine months of 2023 was ¥29,668,699.10, compared to ¥35,943,817.60 in 2022, reflecting a decline of about 17.4%[38]. Cash Flow and Liquidity - Cash flow from operating activities increased by 257.28% to CNY 31,160,415.48 for the first nine months of 2023 compared to the same period last year[10]. - The company reported a significant increase in cash flow from operating activities, with cash received from tax refunds rising by 61.30% to CNY 7,949,297.81[13]. - Other cash received related to operating activities surged by 183.22% to CNY 12,815,461.86, primarily due to the return of rental deposits[13]. - Cash paid for other operating activities increased by 74.47% to CNY 35,443,691.46, attributed to higher office lease deposits and related expenses[13]. - The company experienced a 269.50% increase in cash paid for acquiring fixed assets, amounting to CNY 93,395,769.81, mainly due to investments in the Huizhou packaging project[13]. - The ending cash and cash equivalents balance for the first nine months of 2023 was ¥65,015,454.88, down from ¥47,038,483.78 in 2022, reflecting liquidity challenges[43]. - The company received ¥7,949,297.81 in tax refunds during the first nine months of 2023, compared to ¥4,928,237.85 in 2022, indicating improved tax recovery efforts[42]. Assets and Liabilities - Total assets decreased by 2.23% to CNY 576,782,376.66 compared to the end of last year[10]. - The company’s cash and cash equivalents decreased by 64.38% to CNY 69,129,149.48 due to project payments and dividend distributions[11]. - The company’s contract liabilities increased by 33.10% to CNY 28,436,846.09 due to an increase in advance payments from customers[12]. - The company’s construction in progress increased by 1,107.89% to CNY 83,129,501.73, reflecting ongoing investment in smart manufacturing projects[11]. - Total current assets amounted to ¥379,102,729.75, a decrease of 18.93% from ¥467,705,973.53 on December 31, 2022[28]. - Total liabilities decreased to ¥334,823,481.36 from ¥366,613,773.86, reflecting a reduction of 8.67%[29]. - The total liabilities and equity amounted to CNY 651,816,492.40 in 2023, slightly down from CNY 652,522,694.89 in 2022, indicating a decrease of approximately 0.1%[34]. Shareholder Information - The total number of ordinary shares at the end of the reporting period was 64,815,000, with 12,044 shareholders[18]. - Major shareholders include Zhao Guoyi with 35.49% and Zhao Guoxiang with 10.59% of the shares[19]. - The company distributed dividends amounting to CNY 31,132,531.97, reflecting a significant increase of 2,611.62% compared to the previous year[13]. - The company has no significant changes in the structure of its ordinary shares, maintaining a stable capital base[17]. Expenses and Costs - Operating profit for the first nine months of 2023 was ¥35,569,773.35, down from ¥46,180,214.32 in 2022, indicating a decline of about 23.5%[37]. - Total operating costs increased to ¥326,287,573.24 in 2023 from ¥313,668,763.65 in 2022, marking an increase of approximately 4.4%[37]. - Research and development expenses for the first nine months of 2023 were ¥13,914,131.77, slightly up from ¥13,703,209.42 in 2022, showing a marginal increase of about 1.5%[37]. - The company’s tax expenses for the first nine months of 2023 were ¥5,087,829.91, down from ¥5,755,848.81 in 2022, indicating a decrease of approximately 11.6%[37]. - Other income for the first nine months of 2023 was reported at ¥1,067,613.90, significantly lower than ¥4,689,501.04 in 2022, showing a decline of about 77.2%[37]. Investment Activities - Investment activities resulted in a net cash outflow of ¥115,868,600.15 in 2023, compared to a net inflow of ¥31,725,561.18 in 2022, indicating increased capital expenditures[43]. - Total cash inflow from investment activities decreased to ¥113,527,169.66 in 2023 from ¥116,080,147.00 in 2022, reflecting a slight decline in investment returns[43].
柏星龙(833075) - 2023 Q3 - 季度财报