Financial Performance - Net profit attributable to shareholders rose by 33.19% to CNY 32,663,896.89 for the first nine months of 2023, up from CNY 24,525,049.94 in the same period last year[10]. - Operating revenue for the first nine months of 2023 reached CNY 185,806,822.21, reflecting a growth of 20.22% compared to CNY 154,554,573.26 in the previous year[10]. - Total operating revenue for the first nine months of 2023 reached ¥185,806,822.21, an increase from ¥154,554,573.26 in the same period of 2022, representing a growth of approximately 20.2%[38]. - Net profit for the first nine months of 2023 was ¥34,381,097.88, compared to ¥25,571,285.68 in 2022, reflecting a growth of approximately 34.5%[40]. - The company reported a total profit of CNY 35,886,126.57 for the first nine months of 2023, compared to CNY 26,657,791.53 in the same period of 2022, representing a growth of 34.5%[45]. Cash Flow and Liquidity - Cash flow from operating activities surged by 330.84% to CNY 55,123,440.86, compared to CNY 12,794,357.88 in the same period last year[10]. - Cash and cash equivalents at the end of the first nine months of 2023 totaled CNY 62,074,866.11, up from CNY 25,974,145.51 at the end of the same period in 2022, indicating a strong liquidity position[46]. - The company generated a net cash flow from financing activities of CNY 102,138,477.06 in the first nine months of 2023, compared to CNY 36,510,661.06 in the same period of 2022, showing increased financing activity[46]. - The company incurred financial expenses of CNY 283,551.79 in the first nine months of 2023, a decrease from CNY 751,914.98 in the same period of 2022, indicating improved cost management[45]. - The cash flow from operating activities showed a strong recovery, highlighting operational efficiency improvements[49]. Assets and Liabilities - Total assets increased by 37.04% to CNY 471,311,951.23 as of September 30, 2023, compared to CNY 343,928,082.39 at the end of 2022[10]. - The company’s total liabilities to assets ratio decreased to 21.74% from 34.88% year-on-year, indicating improved financial stability[10]. - Total liabilities decreased to CNY 102,484,887.20 from CNY 119,946,257.85, a reduction of 14.7%[32]. - Current liabilities decreased to ¥53,992,896.16 from ¥79,908,396.55, showing a reduction of about 32.5%[36]. - The company has no outstanding main debt for the collateral provided to banks, indicating a stable financial position[26]. Shareholder Information - The total number of unrestricted shares decreased from 25,191,800 (26.80%) to 25,181,800 (26.04%) during the reporting period[16]. - The total number of restricted shares increased from 68,808,200 (73.20%) to 71,518,200 (73.96%) during the reporting period[17]. - The total share capital increased from 94,000,000 to 96,700,000 shares, reflecting a change of 2,700,000 shares[17]. - The top shareholder, Xu Aiming, holds 40,342,800 shares, representing 41.72% of the total shares[18]. - The total number of shareholders holding more than 5% of shares is 10, with a combined holding of 77,628,808 shares, accounting for 80.28% of total shares[19]. Investment and Expansion - The company plans to continue expanding its production capacity with new factory investments, which increased construction in progress by 349.73% to CNY 53,738,219.30[12]. - The company is focusing on enhancing its investment activities despite the increased cash outflow, indicating a strategic approach to growth[49]. Research and Development - Research and development expenses for the first nine months of 2023 totaled ¥8,560,940.96, compared to ¥7,342,734.14 in 2022, indicating an increase of approximately 16.6%[39].
易实精密(836221) - 2023 Q3 - 季度财报