万丰股份(603172) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥130,358,060.82, representing a 9.07% increase compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 47.57% to ¥7,378,558.91 in Q3 2023[5]. - The net profit excluding non-recurring gains and losses dropped by 62.54% to ¥5,441,992.71 in Q3 2023[5]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.06, down 57.14% year-on-year[6]. - Net profit for the third quarter of 2023 was CNY 33,381,483.16, down 36.4% from CNY 52,522,682.56 in the same quarter of 2022[21]. - Earnings per share for the third quarter were CNY 0.29, compared to CNY 0.52 in the same period last year, indicating a decline of 44.2%[22]. - Total operating revenue for the first three quarters of 2023 was CNY 383,566,442.92, a decrease of 4.1% compared to CNY 403,608,860.65 in the same period of 2022[20]. Assets and Liabilities - Total assets at the end of Q3 2023 increased by 60.11% to ¥1,373,297,950.04 compared to the end of the previous year[6]. - Shareholders' equity attributable to the parent company rose by 79.55% to ¥1,027,109,787.00 at the end of Q3 2023[6]. - The total liabilities increased to CNY 345,190,446.37 from CNY 284,994,025.05, representing a growth of 21.0%[19]. - The company reported a total of CNY 1,085,243,615.15 in current assets, which is an increase from CNY 716,044,973.52, representing a growth of about 51%[14]. Cash Flow - Cash flow from operating activities for the year-to-date decreased by 79.55% to ¥8,667,839.73[10]. - The net cash flow from operating activities for Q3 2023 was $8.67 million, a significant decrease of 79.5% compared to $42.38 million in Q3 2022[25]. - Total cash outflow from operating activities in Q3 2023 was $287.90 million, up from $228.49 million in Q3 2022, indicating a rise of approximately 26%[25]. - Cash inflow from financing activities in Q3 2023 was $535.92 million, a significant increase from $16.63 million in Q3 2022[25]. - The total cash and cash equivalents at the end of Q3 2023 amounted to $473.12 million, a notable increase from $125.40 million at the end of Q3 2022[26]. Shareholder Information - The company reported a total of 18,723 common shareholders at the end of the reporting period[12]. - The top shareholder, Ningbo Yufeng Investment Management Co., Ltd., holds 43.71% of the shares[12]. Operational Insights - The decline in net profit was primarily due to a decrease in sales prices and gross margin[10]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[14]. - There were no significant mergers or acquisitions reported in the third quarter of 2023[14]. - Research and development expenses for the first three quarters were CNY 12,691,621.55, down from CNY 14,618,063.92, a decrease of 13.2%[20]. - The company plans to enhance market expansion strategies and invest in new product development to drive future growth[23].