鑫科材料(600255) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥826,661,383.01, representing a year-on-year increase of 10.78%[3] - The net profit attributable to shareholders for Q3 2023 was -¥9,171,115.49, a decrease of 122.84% compared to the same period last year[3] - The net cash flow from operating activities for Q3 2023 was -¥123,894,303.92, reflecting a decline of 195.51% year-on-year[3] - The basic earnings per share for Q3 2023 was -¥0.01, a decrease of 150.00% compared to the same period last year[3] - The weighted average return on equity for Q3 2023 was -0.66%, a decrease of 3.56 percentage points year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥13,064,475.79, a decrease of 229.66% year-on-year[3] - The net profit attributable to the parent company for Q3 2023 was -35,092,477.85, compared to a profit of 102,973,745.46 in Q3 2022, indicating a significant decline[18] - The total operating profit for Q3 2023 was -41,187,980.76, a stark contrast to the operating profit of 130,703,442.70 in the same period last year[17] - The company reported a net loss for the first three quarters of 2023, with total operating costs exceeding total operating revenue[16] - Total revenue for the first three quarters of 2023 was CNY 46,040,959.08, a decrease of 61.39% compared to CNY 119,169,377.26 in the same period of 2022[30] - Operating profit for the first three quarters of 2023 was a loss of CNY 27,316,599.84, improving from a loss of CNY 33,253,691.19 in the same period of 2022[30] - Net profit for the first three quarters of 2023 was a loss of CNY 23,958,437.24, compared to a loss of CNY 32,834,626.03 in the same period of 2022[30] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥3,860,821,376.32, showing a slight increase of 0.10% from the end of the previous year[4] - Total assets as of September 30, 2023, were CNY 3,860,821,376.32, slightly up from CNY 3,857,089,865.56 at the end of 2022[14] - Total liabilities increased to CNY 2,132,610,898.10 as of September 30, 2023, compared to CNY 2,119,928,927.85 at the end of 2022, reflecting a rise of 0.6%[14] - The total liabilities increased to 2,121,105,932.71 RMB in Q3 2023 from 2,119,928,927.85 RMB at the end of 2022, reflecting a rise in financial obligations[38] - The company's retained earnings as of September 30, 2023, showed a deficit of CNY 1,767,123,929.72, worsening from a deficit of CNY 1,732,044,982.18 at the end of 2022[14] - The company reported a net loss of -1,732,044,982.18 RMB in retained earnings as of Q3 2023, a minor improvement from -1,732,031,451.87 RMB[38] Cash Flow - The net cash flow from operating activities for the first three quarters of 2023 was -50,470,964.37, down from 323,588,417.54 in the previous year[21] - The cash flow from investing activities for the first three quarters of 2023 was -153,048,558.26, an improvement from -292,388,245.05 in the same period last year[22] - The net cash flow from operating activities for Q3 2023 was -21,481,286.55 RMB, slightly improved from -22,814,269.20 RMB in Q3 2022[34] - The cash outflow from investing activities was -5,002,085.98 RMB in Q3 2023, significantly less than -306,856,711.38 RMB in Q3 2022, indicating reduced investment expenditures[34] - Cash inflow from financing activities in Q3 2023 was 131,776,897.10 RMB, down from 482,180,605.25 RMB in Q3 2022, indicating a reduction in financing activities[34] Expenses - Total operating costs for the first three quarters of 2023 were CNY 2,280,939,005.25, down from CNY 2,345,610,784.69 in the previous year, reflecting a reduction of 2.8%[16] - Research and development expenses for Q3 2023 were 92,306,609.73, slightly down from 93,525,336.74 in Q3 2022[17] - The company incurred financial expenses of 16,448,780.00 in Q3 2023, an increase from 11,800,027.86 in Q3 2022, with interest expenses rising to 24,516,747.50[17] - The company reported a significant reduction in financial expenses, with interest expenses decreasing from CNY 7,204,913.41 in 2022 to CNY 4,078,443.09 in 2023[30] Investments - The company reported non-recurring gains of ¥3,342,884.94 for the year-to-date period, primarily from government subsidies[5] - The company has maintained a stable long-term equity investment of CNY 1,460,232,508.61 as of September 30, 2023, compared to CNY 1,456,598,282.85 at the end of 2022[25] - The company reported a total of $1.456 billion in long-term equity investments, indicating a strong investment position[40] Accounting and Reporting - The company has implemented new accounting standards starting from January 1, 2023, which may affect future financial reporting and analysis[35]