Financial Performance - Operating income for the first nine months of 2023 was CNY 143,849,287.94, a 5.02% increase from CNY 136,968,180.35 in the same period last year[11] - Net profit attributable to shareholders decreased by 7.20% to CNY 24,127,606.16 compared to CNY 26,000,460.57 in the previous year[11] - Total operating revenue for the first nine months of 2023 reached ¥143.85 million, a 5.4% increase from ¥136.97 million in the same period of 2022[32] - Operating profit for the first nine months of 2023 was ¥28.39 million, down 7.5% from ¥30.69 million in the previous year[32] - Net profit for the first nine months of 2023 was ¥24.13 million, a decrease of 7.2% compared to ¥26.00 million in the same period of 2022[33] - Basic earnings per share decreased to ¥0.35 from ¥0.40 in the previous year[33] Assets and Liabilities - Total assets increased by 41.12% to CNY 431,673,380.94 compared to the end of last year[11] - The company's total liabilities decreased to 74,473,635.81 yuan from 81,857,780.66 yuan, a reduction of about 9.3%[30] - The equity attributable to shareholders increased to 357,199,745.13 yuan from 224,039,807.72 yuan, representing a growth of approximately 59.3%[30] - The company reported a total of 322,531,545.82 yuan in current assets, compared to 193,690,543.63 yuan at the end of 2022, marking an increase of about 66.7%[29] - Fixed assets accounted for 88,807,130.67 yuan, representing approximately 20.6% of total assets[29] Cash Flow - Cash flow from operating activities increased by 33.89% to CNY 22,002,788.41 compared to CNY 16,433,457.52 in the same period last year[11] - Cash flow from operating activities generated ¥22.00 million, an increase of 34.3% from ¥16.43 million in the same period of 2022[35] - Cash received from financing activities increased by 163.97% to ¥131,983,632.00, primarily due to a public offering of 21.7 million shares on the Beijing Stock Exchange[13] - The company reported a net cash inflow from financing activities of ¥96.97 million, compared to ¥12.38 million in the same period of 2022[36] - Cash paid for debt repayment increased by 200.00% to ¥30,000,000.00 compared to the previous year[13] - The company reported a 607.96% increase in cash paid for other financing activities, amounting to ¥3,957,469.04, primarily due to prepayments for IPO intermediary service fees[13] Share Capital and Ownership - The company issued 21.7 million shares, increasing its share capital by 33.34% to CNY 86,780,000.00[12] - The total number of ordinary shares increased from 65,080,000 to 86,780,000, with the proportion of unrestricted shares rising from 37.53% to 48.83%[17] - The largest shareholder, Yiyang High-tech Industry Development Investment Group Co., Ltd., holds 23.02% of the shares, totaling 19,980,000 shares[18] - The company publicly issued 18,869,566 shares on July 17, 2023, and the overall share capital increased to 86,780,000 shares after the full exercise of the over-allotment option on August 15, 2023[23] Expenses - Sales expenses increased by 27.07% to CNY 3,659,607.46 due to higher travel and exhibition costs[12] - Total operating costs increased to ¥115.39 million, up 7.5% from ¥106.88 million year-over-year[32] - Research and development expenses for the first nine months of 2023 were ¥8.82 million, a 5.6% increase from ¥8.35 million in the same period of 2022[32] Other Financial Metrics - Other income decreased by 42.44% to ¥1,081,911.86 due to a reduction in government subsidy income compared to the same period last year[13] - Credit impairment losses increased by 459.87% to -¥865,013.94, reflecting a significant rise in accounts receivable bad debt losses compared to the previous year[13] - Cash flow from investment activities decreased by 54.92% to -¥5,064,612.59 compared to the same period last year[13] - The company has no new commitments during the reporting period, and all previously disclosed commitments are being fulfilled as scheduled[24]
惠同新材(833751) - 2023 Q3 - 季度财报