Financial Performance - Net profit attributable to shareholders decreased by 21.08% to CNY 14,527,387.74 for the first nine months of 2023 [10]. - Operating income for the first nine months decreased by 5.20% to CNY 128,878,974.48 compared to the same period last year [10]. - The company reported a basic earnings per share of CNY 0.15, down 28.57% from CNY 0.21 in the previous year [10]. - The weighted average return on equity decreased to 3.01% from 4.42% year-on-year [10]. - The company reported a net profit margin decline due to increased operating costs despite a slight decrease in revenue [34]. - Net profit for the first nine months of 2023 was 10,662,437.93, compared to 15,412,597.68 in 2022, indicating a decline of approximately 31% [39]. - The total profit for the first nine months of 2023 was 11,028,877.17, down from 18,036,067.94 in 2022, a decrease of approximately 39% [38]. - The company’s total comprehensive income for the first nine months of 2023 was 10,662,437.93, compared to 15,412,597.68 in 2022, reflecting a decline of about 31% [39]. Assets and Liabilities - Total assets increased by 15.08% to CNY 615,508,405.50 compared to the end of last year [10]. - The company's net assets attributable to shareholders increased by 29.96% to CNY 566,225,222.28 [10]. - Total equity rose to CNY 566,244,646.91, up from CNY 435,678,776.44, indicating an increase of approximately 30.0% [28]. - Current liabilities decreased significantly from CNY 96,210,773.44 to CNY 46,974,721.88, a reduction of about 51.1% [27]. - Non-current liabilities decreased from CNY 2,941,581.80 to CNY 2,289,036.71, a decrease of about 22.1% [28]. Cash Flow - Cash flow from operating activities showed a significant decline of 149.11%, resulting in a net outflow of CNY 12,754,099.91 [10]. - Operating cash flow for the first nine months of 2023 was CNY 132,941,497.84, a decrease of 23.5% compared to CNY 173,757,059.07 in the same period of 2022 [40]. - Net cash flow from operating activities was negative CNY 12,754,099.91, compared to a positive CNY 25,970,793.97 in the previous year [41]. - Cash inflow from financing activities increased significantly to CNY 167,467,600.00 in 2023, compared to CNY 53,000,000.00 in 2022, marking a 215.5% increase [41]. - The net cash flow from financing activities was CNY 110,709,263.46, a turnaround from a negative CNY 34,758,287.97 in the previous year [41]. - Total cash and cash equivalents at the end of September 2023 reached CNY 138,099,694.07, up from CNY 28,580,521.67 at the end of September 2022 [41]. Shareholder Information - The largest shareholder, Gu Hongjun, holds 57,600,000 shares, representing 50.23% of total shares [18]. - The total number of shareholders with more than 5% ownership among the top ten shareholders is 88,224,820 shares, accounting for 76.93% of total shares [19]. - The total number of unrestricted shares decreased from 32,446,000 (28.29%) to 28,144,000 (24.54%) during the reporting period [17]. - The total number of restricted shares increased from 82,234,000 (71.71%) to 86,536,000 (75.46%) during the same period [17]. - The total share capital remained unchanged at 114,680,000 shares [17]. Revenue and Costs - Operating revenue for the first nine months of 2023 was CNY 128,878,974.48, down from CNY 135,954,814.99 in the same period of 2022, reflecting a decline of about 5.9% [34]. - Total operating costs increased to CNY 115,421,278.49 from CNY 113,158,808.71, marking an increase of approximately 2.0% [34]. - Cash received from sales of goods and services was CNY 129,174,485.40, down from CNY 172,028,788.53 in the same period last year, reflecting a decline of 25% [40]. - Operating costs decreased to 54,402,030.58 in 2023 from 63,219,002.39 in 2022, a reduction of about 14% [37]. Investment and Other Income - Other income increased by 143.39% to CNY 1,940,723.86, primarily due to government subsidies received [13]. - Investment income showed a loss of -588,619.71 in 2023, compared to a gain of 1,968,503.81 in 2022, marking a significant decline [38]. - The company reported a credit impairment loss of -1,022,690.01 in 2023, down from -3,235,583.01 in 2022, indicating an improvement in credit quality [38]. - Research and development expenses increased to 4,035,518.54 in 2023 from 3,579,103.83 in 2022, reflecting an increase of about 13% [38].
瑞星股份(836717) - 2023 Q3 - 季度财报