SHHDKJ(SH:603192)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥770.80 million, representing a 4.53% increase compared to ¥737.41 million in the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was approximately ¥21.58 million, a slight decrease of 0.09% from ¥20.69 million in the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥21.32 million, reflecting a 4.96% increase from ¥19.40 million year-on-year[6]. - The basic earnings per share for Q3 2023 was ¥0.16, up 6.67% from ¥0.15 in the same quarter last year[6]. - The company reported a decrease in net profit for the year-to-date, with a total of approximately ¥52.50 million, down 17.70% from ¥63.52 million in the previous year[6]. - Total operating revenue for the first three quarters of 2023 was CNY 2,027,754,347.35, a decrease of 14.25% compared to CNY 2,365,544,225.45 in the same period of 2022[24]. - Net profit for the third quarter of 2023 was CNY 52,500,385.99, a decline of 17.67% compared to CNY 63,793,220.09 in the same quarter of 2022[26]. - Total revenue for the first three quarters of 2023 was CNY 1,273,885,047.60, a decrease of 18.2% compared to CNY 1,557,963,152.40 in the same period of 2022[34]. - Net profit for the first three quarters of 2023 was CNY 54,647,683.06, compared to CNY 60,560,516.83 in 2022, representing a decrease of 9.5%[35]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to approximately ¥2.39 billion, an increase of 4.28% from ¥2.29 billion at the end of the previous year[7]. - The equity attributable to shareholders of the listed company was approximately ¥1.43 billion, showing a 2.45% increase from ¥1.40 billion at the end of the previous year[7]. - Total assets as of the end of the third quarter of 2023 amounted to CNY 2,389,468,888.76, an increase from CNY 2,291,404,590.37 at the end of the third quarter of 2022[22]. - Total liabilities as of the end of the third quarter of 2023 were CNY 959,297,572.41, compared to CNY 895,408,289.87 in the same period of 2022, reflecting an increase of 7.13%[22]. - The total cash and cash equivalents at the end of the period stood at ¥131,758,491.52, up from ¥94,054,079.78 a year earlier[39]. Cash Flow - The net cash flow from operating activities for the year-to-date was approximately ¥40.20 million, a significant improvement compared to a negative cash flow of ¥103.04 million in the same period last year, marking a 139.02% change[6]. - The net cash flow from operating activities decreased by 139.02% compared to the same period last year, primarily due to a decline in raw material prices and corresponding product price drops, leading to a reduction in prepayments and an increase in payables[15]. - Cash inflows from operating activities for the first three quarters of 2023 totaled CNY 1,703,947,076.14, down 15.3% from CNY 2,013,411,172.66 in the same period of 2022[28]. - Net cash flow from operating activities for Q3 2023 was CNY 40,202,458.50, a significant improvement from a net outflow of CNY 103,035,159.09 in Q3 2022[29]. - Total cash outflows from investing activities in the first three quarters of 2023 were CNY 46,078,782.64, compared to CNY 42,181,183.37 in the same period of 2022, indicating an increase of 9.4%[29]. - The net cash flow from financing activities was negative at -¥88,542,604.23, contrasting with a positive inflow of ¥4,939,124.84 in the same quarter of 2022[39]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,896[17]. - The top shareholder, Shanghai Huide Enterprise Group Co., Ltd., holds 49.4 million shares, representing 35.62% of the total shares[18]. Expenses and Costs - The company reported a decrease in research and development expenses to CNY 62,084,914.67 in 2023 from CNY 73,128,199.77 in 2022, indicating a reduction of 15.08%[25]. - The company’s sales expenses increased to CNY 25,062,506.60 in 2023 from CNY 16,461,620.58 in 2022, marking a rise of 52.25%[25]. - Employee compensation payments increased to ¥116,233,976.04 from ¥95,436,315.77, reflecting a rise in workforce costs[38]. - The company paid ¥981,311,532.88 for goods and services, down from ¥1,404,019,878.12 in the same period last year, indicating cost management efforts[38]. Other Financial Metrics - The weighted average return on equity for Q3 2023 was 1.52%, a slight decrease of 0.04 percentage points compared to 1.56% in the previous year[7]. - The company reported a non-operating loss of CNY 313.47 million, primarily due to external donations[14]. - The company recorded a reversal of impairment losses on receivables amounting to CNY 114.00 million, mainly due to returns from customers[14]. - The company did not classify any non-recurring gains and losses as recurring items, indicating adherence to accounting standards[14]. - Basic and diluted earnings per share for Q3 2023 were CNY 0.38, compared to CNY 0.53 in Q3 2022, reflecting a decline of 28.3%[27].