华纺股份(600448) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥853,417,177.89, a decrease of 17.33% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2023 was ¥1,471,991.60, an increase of 124.33% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥170,907.81, which represents a year-on-year increase of 14.39%[6] - Total operating revenue for the first three quarters of 2023 was CNY 2,227,725,681.51, a decrease of 22.1% compared to CNY 2,860,373,335.77 in the same period of 2022[20] - Net profit for Q3 2023 was CNY 3,857,744.56, an increase of 12.8% from CNY 3,420,181.16 in Q3 2022[21] - Earnings attributable to shareholders of the parent company for Q3 2023 were CNY 3,335,202.09, up 8.1% from CNY 3,085,342.02 in Q3 2022[22] - Operating profit for Q3 2023 was ¥3.48 million, down from ¥6.52 million in Q3 2022, indicating a decrease of approximately 46.5%[33] - Net profit for the first three quarters of 2023 was ¥3.18 million, compared to ¥5.36 million in the same period of 2022, reflecting a decline of around 40.6%[34] - Total comprehensive income for Q3 2023 was ¥3.18 million, down from ¥5.36 million in Q3 2022, indicating a decline of about 40.6%[34] Earnings Per Share - The basic earnings per share for Q3 2023 was ¥0.0025, reflecting a 150% increase compared to the previous year[7] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.006, compared to CNY 0.005 in Q3 2022[22] - The basic earnings per share for Q3 2023 was ¥0.005, down from ¥0.009 in Q3 2022, a decrease of approximately 44.4%[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,710,651,902.31, a decrease of 0.75% from the end of the previous year[7] - As of September 30, 2023, total current assets amounted to RMB 1,829,787,275.78, slightly up from RMB 1,819,792,881.38 at the end of 2022, indicating a marginal increase of approximately 0.1%[15] - The total assets as of September 30, 2023, were ¥3,668,907,552.13, slightly down from ¥3,669,626,910.68 at the end of 2022[29] - Total liabilities decreased to RMB 2,439,242,324.99 from RMB 2,471,157,392.01, indicating a reduction of about 1.3%[17] - The total liabilities decreased to ¥2,389,809,466.29 as of September 30, 2023, from ¥2,393,706,172.13 at the end of 2022, reflecting a reduction in debt levels[30] - The company's total equity remained stable at RMB 1,271,409,577.32, unchanged from the previous reporting period[17] - The company’s total equity attributable to shareholders of the parent company was CNY 1,266,253,890.30 as of Q3 2023, slightly up from CNY 1,262,918,688.21 at the end of 2022[18] Cash Flow - The cash flow from operating activities for the year-to-date was ¥185,042,084.33, showing a slight increase of 4.09%[7] - The net cash inflow from operating activities for Q3 2023 was ¥185,042,084.33, compared to ¥177,763,120.87 in Q3 2022, reflecting a year-over-year increase[25] - The total cash outflow from operating activities decreased to ¥2,239,675,134.86 in Q3 2023 from ¥2,983,774,316.45 in Q3 2022, indicating improved cash management[25] - The net cash outflow from investing activities was ¥67,708,181.12 in Q3 2023, a reduction from ¥194,881,842.06 in Q3 2022, suggesting a decrease in capital expenditures[25] - The net cash outflow from financing activities was ¥109,628,841.02 in Q3 2023, compared to a net inflow of ¥155,411,489.96 in Q3 2022, indicating a shift in financing strategy[26] - Cash flow from operating activities for the first three quarters of 2023 was ¥184.7 million, slightly down from ¥188.8 million in the same period of 2022, a decrease of about 1.1%[35] - Cash flow from investing activities showed a net outflow of ¥67.7 million in 2023, compared to a net outflow of ¥194.9 million in 2022, indicating an improvement in cash management[36] - Cash flow from financing activities resulted in a net outflow of ¥118.2 million in 2023, contrasting with a net inflow of ¥127.3 million in 2022, reflecting changes in financing strategies[36] Expenses - The company reported a significant decrease in financial expenses by 43.06% due to reduced exchange losses compared to the previous year[10] - The company reported a decrease in research and development expenses to CNY 108,332,838.33 in the first three quarters of 2023, down from CNY 121,627,403.85 in the same period of 2022[20] - Financial expenses increased to CNY 46,776,601.67 in the first three quarters of 2023, compared to CNY 32,696,088.05 in 2022[20] - The company reported a decrease in sales expenses from ¥26.97 million in 2022 to ¥34.37 million in 2023, an increase of approximately 27.4%[32] Government Support - The company received government subsidies amounting to ¥1,292,081.29 during the reporting period, contributing to the increase in net profit[9]