Financial Performance - Net profit attributable to shareholders decreased by 29.29% to CNY 32,465,412.01 for the first nine months of 2023 [11]. - The company’s basic earnings per share decreased by 65.26% to CNY 0.1742 for the first nine months of 2023 [11]. - Operating profit decreased by 31.41% year-on-year, impacted by increased depreciation and a decline in sales of high-margin electric tools [13]. - Net profit decreased by 29.49% year-on-year, primarily due to increased depreciation costs and a decline in sales of high-margin products [13]. - Total operating revenue for the first nine months of 2023 reached ¥332,818,329.98, an increase of 15.1% compared to ¥289,114,197.69 in the same period of 2022 [43]. - Total operating costs for the first nine months of 2023 were ¥301,660,561.53, up 24.2% from ¥242,770,393.27 in 2022 [44]. - Total comprehensive income for the period was CNY 28,327,599.11, compared to CNY 42,411,490.93 in the previous period [49]. Assets and Liabilities - Total assets increased by 9.86% to CNY 608,186,496.66 compared to the end of last year [11]. - Total current assets increased to ¥366,334,818.87 as of September 30, 2023, up from ¥325,285,980.71 on December 31, 2022, representing a growth of approximately 12.5% [35]. - Total liabilities increased to ¥171,279,114.14 from ¥131,060,037.16, which is an increase of approximately 30.7% [37]. - Total liabilities as of the end of the reporting period amounted to ¥143,609,604.05, compared to ¥98,465,942.57 at the end of 2022, reflecting a significant increase [41]. - The total value of pledged assets amounts to 17,629,839.45 yuan, representing 2.89% of total assets [31]. Cash Flow - Cash flow from operating activities turned negative at CNY -5,359,301.45, a decline of 111.12% year-on-year [11]. - Cash inflow from operating activities was CNY 306,435,355.25, an increase from CNY 291,764,042.19 year-over-year [50]. - Total cash outflow from operating activities was CNY 311,794,656.70, an increase from CNY 243,578,401.98 year-over-year [52]. - Cash inflow from investment activities totaled CNY 227,562,064.70, a decrease from CNY 494,155,749.46 year-over-year [52]. - Cash inflow from financing activities was CNY 57,917,526.00, up from CNY 14,000,000.00 in the previous year [52]. Inventory and Receivables - Accounts receivable increased by 69.53% to CNY 19,047,010.93, primarily due to the rise in accepted bills [12]. - Inventory rose by 36.06% to CNY 94,073,452.09, driven by increased sales of automotive parts [12]. - Accounts receivable increased to ¥117,467,274.00, up from ¥100,491,664.43, indicating a growth of approximately 16.9% [35]. - Inventory grew to ¥94,073,452.09, compared to ¥69,139,187.47, marking an increase of around 36.1% [35]. Borrowings and Payables - Short-term borrowings surged by 93.38% to CNY 43,557,135.42, mainly to support daily operational funding [12]. - Other payables increased by 83.37% to CNY 43,406,841.83, primarily due to temporary funding borrowed from controlling shareholders [12]. - Short-term borrowings increased significantly to ¥43,557,135.42 from ¥22,524,375.00, representing an increase of approximately 93.4% [36]. - Other payables surged to ¥43,406,841.83, compared to ¥23,672,323.01, indicating an increase of around 83.5% [36]. Shareholder Information - The total number of ordinary shares increased to 190,231,400, with a slight change in the proportion of shares held by major shareholders [19]. - The total shareholding of major shareholders reached 143,797,624 shares, accounting for 75.58% of the total shares [21]. - The company completed the issuance of 328.67 million restricted stocks and 185.10 million stock options under the 2022 equity incentive plan [26]. - The company repurchased and canceled 26,000 restricted stocks and 40,000 stock options due to the departure of three incentive targets [27]. - The company plans to repurchase 26,000 restricted stocks at a price of 3.455 yuan per share, totaling 89,830 yuan [28]. Other Information - The company has not engaged in any litigation or arbitration matters during the reporting period [24]. - There are no significant external guarantees or loans provided by the company [24]. - The company has implemented a stock buyback plan and has fulfilled its commitment to disclose relevant information [28]. - The company has not experienced any major events that would impact its operations negatively [25]. - The company plans to continue focusing on market expansion and new product development to drive future growth [43].
吉冈精密(836720) - 2023 Q3 - 季度财报