WLCSP(SH:603005)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥199,950,901.91, a decrease of 21.65% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥34,060,412.42, an increase of 14.22% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥26,054,036.10, up 18.81% compared to the same period last year[3]. - Year-to-date revenue until the end of the reporting period was ¥681,712,535.73, down 22.14% year-on-year[3]. - Year-to-date net profit attributable to shareholders was ¥110,671,794.55, a decrease of 49.88% compared to the previous year[3]. - The company reported a net profit of 114,589,522.30 RMB for the current quarter, down from 224,728,363.18 RMB in the same quarter last year, a decline of approximately 49.1%[38]. - Total comprehensive income amounted to ¥112,860,842.52, a decrease of 47.8% compared to ¥215,823,067.92 in the previous period[40]. Earnings Per Share - The basic earnings per share for Q3 2023 was ¥0.05, a decrease of 50.00% compared to the same period last year[18]. - The diluted earnings per share for Q3 2023 was also ¥0.05, down 50.00% year-on-year[18]. - Basic and diluted earnings per share were both ¥0.17, down from ¥0.34 in the same period last year, reflecting a 50% decline[40]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥205,875,444.54, a decrease of 18.56% compared to the previous year[18]. - Cash flow from operating activities for the first three quarters was 714,954,063.68 RMB, down from 953,434,479.87 RMB in the same period last year, representing a decrease of approximately 25%[33]. - The company reported a net increase in cash and cash equivalents of ¥506,308,048.83, contrasting with a decrease of ¥251,316,563.52 in the previous period[42]. - Cash inflow from investment activities totaled approximately ¥1.59 billion in 2023, significantly up from ¥420.93 million in 2022[55]. - The net cash flow from investment activities improved to approximately ¥82.29 million in 2023, compared to a loss of ¥410.31 million in 2022[55]. - Cash inflow from financing activities was approximately ¥300.40 million in 2023, compared to ¥27.45 million in 2022, indicating a substantial increase[55]. - Cash outflow for dividend distribution and interest payments was approximately ¥57.32 million in 2023, down from ¥115.90 million in 2022, a reduction of 50.6%[55]. - The company experienced a decrease in tax payments, with cash paid for taxes amounting to approximately ¥32.31 million in 2023, compared to ¥66.14 million in 2022, a decline of 51.1%[55]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,850,197,612.26, an increase of 5.73% from the end of the previous year[18]. - The equity attributable to shareholders at the end of the reporting period was ¥4,038,508,231.52, reflecting a 1.31% increase from the previous year[18]. - Total assets increased to ¥4,850,197,612.26, up from ¥4,587,328,386.14, representing a growth of 5.7%[50]. - Total liabilities rose to ¥781,137,281.80, compared to ¥566,772,177.87, reflecting an increase of 37.8%[50]. - Non-current assets totaled ¥2,038,557,387.27, a slight decrease from ¥2,073,923,695.05, indicating a decline of 1.7%[47]. - Current assets increased to ¥2,811,640,224.99, compared to ¥2,513,404,691.09, marking an increase of 11.8%[47]. Operational Challenges - The net profit attributable to shareholders for the year-to-date period decreased by 49.88% due to a reduction in packaging shipment volume and sales scale[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 56.03% compared to the previous year[23]. - The basic and diluted earnings per share both decreased by 50.00% year-on-year, reflecting the decline in packaging shipment volume[23]. - The company has not disclosed any significant new product developments or market expansion strategies during this reporting period[39]. Inventory and Expenses - The inventory level decreased to 97,340,061.05 RMB from 109,982,014.20 RMB, reflecting a reduction of about 11.6%[32]. - Research and development expenses decreased to approximately ¥89.29 million in 2023 from ¥136.34 million in 2022, reflecting a reduction of 34.5%[52]. - Total operating costs for the first three quarters of 2023 were approximately ¥546.13 million, down 15.0% from ¥642.62 million in the previous year[52].