宝钢包装(601968) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥2,027,771,836.79, a decrease of 14.79% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥74,817,202.84, reflecting a slight increase of 0.46% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥84,323,706.54, which represents a significant increase of 20.89% compared to the previous year[5]. - Total operating revenue for the first three quarters of 2023 was approximately ¥5.82 billion, a decrease of 6.4% compared to ¥6.22 billion in the same period of 2022[17]. - Net profit for the first three quarters of 2023 was approximately ¥218.41 million, slightly down from ¥221.86 million in 2022, representing a decrease of 1.6%[19]. - The total profit for the first three quarters of 2023 was approximately ¥272.60 million, down from ¥284.05 million in 2022, a decrease of 4.0%[19]. Cash Flow - Cash flow from operating activities for the quarter was ¥266,295,388.47, with a year-to-date total of ¥951,659,445.54[6]. - Cash inflow from operating activities for the first three quarters of 2023 was approximately ¥7.18 billion, an increase of 6.3% from ¥6.76 billion in 2022[21]. - The net cash flow from operating activities for Q3 2023 was approximately $951.66 million, a significant improvement compared to a net outflow of $243.09 million in Q3 2022[22]. - Total cash outflow from investing activities was approximately $603.85 million, down from $785.32 million in the same quarter last year, resulting in a net cash flow from investing activities of -$587.52 million[22]. - Cash inflow from financing activities increased to approximately $3.26 billion, compared to $2.43 billion in Q3 2022, while cash outflow for financing activities was approximately $3.32 billion, up from $1.77 billion[22]. - The ending balance of cash and cash equivalents was approximately $881.81 million, compared to $413.38 million at the end of Q3 2022[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥8,688,439,347.26, an increase of 4.69% from the end of the previous year[6]. - The company's cash and cash equivalents reached RMB 881,812,670.65, up from RMB 580,076,018.89 at the end of 2022, indicating a significant increase of about 51.93%[13]. - Accounts receivable decreased to RMB 1,378,309,284.60 from RMB 1,728,273,848.70, representing a decline of approximately 20.27%[13]. - Inventory levels rose to RMB 1,046,358,103.27, compared to RMB 853,973,784.07 at the end of 2022, marking an increase of around 22.55%[13]. - Total liabilities increased to RMB 4,683,565,317.90 from RMB 4,344,405,927.29, which is an increase of approximately 7.81%[15]. - The company's equity attributable to shareholders rose to RMB 3,835,788,798.33 from RMB 3,767,413,682.41, reflecting an increase of about 1.81%[15]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,578[9]. - The largest shareholder, Baosteel Metal Co., Ltd., held 395,026,127 shares, accounting for 34.86% of the total shares[10]. Expenses - Research and development expenses for the first three quarters of 2023 were approximately ¥4.85 million, significantly reduced from ¥13.15 million in 2022, indicating a decrease of 63.1%[18]. - Sales expenses increased to approximately ¥69.49 million in 2023 from ¥55.16 million in 2022, marking an increase of 25.9%[18]. Other Financial Metrics - Basic earnings per share for the quarter were ¥0.07, unchanged from the previous quarter, while diluted earnings per share were also ¥0.07[6]. - The weighted average return on equity decreased to 1.98%, down 0.03 percentage points from the previous year[6]. - Other comprehensive income after tax for the first three quarters of 2023 was approximately -¥4.51 million, compared to ¥70.62 million in 2022, indicating a significant decline[19]. - The company reported an investment loss of approximately -¥34.71 million in the first three quarters of 2023, compared to no investment loss in the same period of 2022[18]. Debt Management - The company reported a significant increase in short-term borrowings, which decreased to RMB 0.00 from RMB 6,106,803.20, indicating a strategic reduction in debt[15]. - The company's long-term borrowings increased to RMB 830,268,799.49 from RMB 527,735,789.87, showing a rise of approximately 57.29%[15]. - The total current liabilities amounted to RMB 3,761,820,231.94, slightly up from RMB 3,720,751,569.99, indicating a marginal increase of about 1.11%[15]. Product Development - The company has not reported any significant new product launches or technological advancements during this quarter[12].