东方材料(603110) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥114,642,758.41, representing a year-over-year increase of 5.62%[5] - Net profit attributable to shareholders for Q3 2023 was ¥6,805,946.31, showing a significant increase of 22.69% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,152,780.03, which is an increase of 12.43% year-over-year[5] - Total operating revenue for the first three quarters of 2023 reached RMB 294,101,146.91, an increase of 3.9% compared to RMB 283,990,196.19 in the same period of 2022[19] - Total operating revenue for Q3 2023 reached ¥294,101,146.91, an increase from ¥283,990,196.19 in Q3 2022, representing a growth of approximately 3.9%[20] - Net profit for Q3 2023 was ¥14,941,617.39, slightly down from ¥15,334,516.40 in Q3 2022, indicating a decrease of about 2.6%[21] - Operating profit for Q3 2023 was ¥19,593,345.14, up from ¥17,191,365.16 in Q3 2022, reflecting an increase of approximately 14.0%[20] - The company reported a total comprehensive income of ¥14,941,617.39 for Q3 2023, compared to ¥15,334,516.40 in Q3 2022, indicating a decrease of about 2.6%[22] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period decreased by 30.37%, totaling ¥24,200,382.01[6] - Cash flow from operating activities for the first three quarters of 2023 was ¥24,200,382.01, down from ¥34,755,599.44 in the same period of 2022, a decline of approximately 30.4%[23] - Cash flow from investment activities generated a net inflow of ¥121,356,734.63 in Q3 2023, compared to a net outflow of ¥40,299,822.86 in Q3 2022[23] - Cash and cash equivalents increased significantly to RMB 260,857,073.85 from RMB 142,172,793.74, representing a growth of 83.5%[15] - The cash and cash equivalents at the beginning of the period were $133,950,011.48, compared to $204,719,772.12 in the previous period, indicating a decrease of approximately 34.5%[24] - The cash and cash equivalents at the end of the period increased to $249,311,215.82 from $162,390,804.35, representing an increase of approximately 53.4%[24] Shareholder Information - The company reported a total of 13,322 common shareholders at the end of the reporting period[11] - The largest shareholder, Xu Guangbin, holds 60,166,793 shares, accounting for 29.90% of the total shares, with 29,782,500 shares pledged[12] - The company reported a total of 15,170,190 shares frozen, with no shares held by major shareholders being subject to restrictions[13] Assets and Liabilities - Total assets at the end of the reporting period were ¥815,160,892.65, reflecting a decrease of 1.61% from the end of the previous year[6] - As of September 30, 2023, total current assets amounted to RMB 600,567,072.14, a decrease from RMB 635,874,968.93 at the end of 2022, reflecting a decline of approximately 5.2%[15] - Total liabilities as of September 30, 2023, were RMB 163,308,866.80, slightly up from RMB 161,369,689.90 at the end of 2022, indicating a growth of 1.2%[17] - The company's total assets decreased to RMB 815,160,892.65 from RMB 828,464,108.16, a decline of about 1.6%[17] - Non-current assets increased to RMB 214,593,820.51 from RMB 192,589,139.23, showing an increase of approximately 11.4%[16] - The company's total equity decreased to RMB 651,852,025.85 from RMB 667,094,418.26, reflecting a decline of about 2.3%[17] - Accounts receivable as of September 30, 2023, were RMB 142,800,190.94, down from RMB 154,559,045.05, a decrease of approximately 7.6%[15] - Inventory decreased to RMB 66,790,239.76 from RMB 77,275,748.09, indicating a decline of about 13.5%[15] Expenses - Basic and diluted earnings per share for Q3 2023 were both ¥0.03, a decrease of 12.50% compared to the previous quarter[6] - Research and development expenses increased to ¥11,497,451.30 in Q3 2023 from ¥10,998,134.81 in Q3 2022, marking a rise of about 4.5%[20] - Total operating costs for Q3 2023 were ¥279,290,203.86, slightly up from ¥277,195,431.84 in Q3 2022, reflecting an increase of about 0.8%[20] - The company’s tax expenses for Q3 2023 were ¥4,664,066.51, significantly higher than ¥1,595,271.69 in Q3 2022, indicating an increase of approximately 192.5%[21] Accounting Standards - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[24]