银都股份(603277) - 2023 Q3 - 季度财报

Financial Performance - The net profit attributable to shareholders of the listed company for the reporting period increased by 47.88% due to a decrease in shipping costs and an increase in sales gross profit[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the reporting period increased by 56.47% compared to the previous period[6]. - The basic and diluted earnings per share for the reporting period were both 0.43, reflecting the same growth factors as the net profit[6]. - The company recorded a net profit of approximately 407 million for the reporting period, compared to 371 million in the previous period[14]. - Net profit attributable to shareholders for the first three quarters of 2023 reached CNY 406,722,670.90, an increase of 9.76% year-on-year[35]. - Basic earnings per share for Q3 2023 was CNY 0.97, up 8.99% compared to the same period last year[36]. - The total comprehensive income for Q3 2023 was CNY 418,597,891.12, slightly down from CNY 420,559,994.05 in Q3 2022[22]. Cash Flow - The net cash flow from operating activities increased by 88.75% year-to-date due to a reduction in cash paid for goods and services[6]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 640,350,895.62, an increase of 88.75% year-on-year[36]. - Net cash flow from operating activities was CNY 640,350,895.62, compared to CNY 339,253,141.15 in the previous period, indicating an increase of about 88.8%[49]. - The company reported a net cash flow from financing activities of CNY -247,661,367.30 for the first three quarters of 2023, an improvement from CNY -364,587,350.91 in the same period last year[16]. - The cash flow from financing activities totaled CNY 166,767,991.76, compared to CNY 72,377,500.00 in the previous period, indicating an increase of about 130.5%[49]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to approximately 3.78 billion, an increase from 3.44 billion as of December 31, 2022[12]. - Current assets totaled approximately 2.53 billion, up from 2.25 billion at the end of 2022[12]. - The total non-current assets increased to approximately 1.25 billion from 1.19 billion[12]. - The company’s total liabilities increased, with short-term borrowings rising to approximately 177 million from 58 million[12]. - Total liabilities increased to CNY 1,075,691,180.11, up from CNY 910,466,608.32, representing a growth of approximately 18.1% year-over-year[46]. - The total non-current liabilities decreased slightly to CNY 285,350,336.97 from CNY 295,315,091.65, a reduction of about 3.3%[46]. Equity and Retained Earnings - The company's equity attributable to shareholders increased to CNY 2,701,039,661.35, a rise of 6.71% compared to the previous year[36]. - The total equity attributable to shareholders rose to CNY 2,701,039,661.35, up from CNY 2,531,221,266.72, reflecting a growth of approximately 6.7%[46]. - The company’s retained earnings increased to CNY 1,076,821,865.49 from CNY 964,552,794.59, reflecting a growth of approximately 11.6%[46]. Revenue and Expenses - Operating revenue for the first three quarters of 2023 was CNY 2,056,557,060.30, a decrease of 2.93% compared to the same period in 2022[35]. - Total operating costs for the first three quarters of 2023 were approximately ¥1,597,489,027.61, down 6.58% from ¥1,710,227,996.18 in the previous year[64]. - Research and development expenses for the first three quarters of 2023 amounted to ¥45,402,454.05, a decrease of 7.61% compared to ¥49,280,219.53 in the same period of 2022[64]. - The company incurred sales expenses of ¥279,453,197.75, an increase of 25.77% compared to ¥222,200,538.18 in the previous year[64]. - Tax expenses for the first three quarters of 2023 were ¥12,471,345.98, up from ¥10,589,308.12, reflecting a higher tax burden[64]. Investment Activities - Cash inflow from investment activities decreased to CNY 183,108,700.57 from CNY 600,256,122.28, a decline of about 69.5%[49]. - Cash outflow for investment activities was CNY 151,397,822.09, down from CNY 272,477,419.78, showing a decrease of approximately 44.4%[49]. - The company reported a net investment income of ¥2,138,115.60 for the first three quarters of 2023, significantly lower than ¥22,108,928.42 in the same period of the previous year[64]. Other Financial Metrics - The weighted average return on equity for Q3 2023 was 5.21%, an increase of 1.49 percentage points year-on-year[36]. - The company's cash and cash equivalents at the end of Q3 2023 were CNY 1,325,539,579.89, compared to CNY 651,889,841.49 at the end of the previous year[16]. - The company's cash and cash equivalents increased to ¥1,328,110,282.16 from ¥873,587,476.65 in the previous period, indicating a strong liquidity position[62]. - Accounts receivable rose to ¥247,941,909.67, up from ¥199,890,325.37, reflecting an increase in sales or credit terms[62]. - Inventory decreased to ¥852,766,754.79 from ¥933,829,750.70, suggesting improved inventory management[62]. - The financial expenses showed a significant change, with a net income of -¥42,846,691.85 compared to -¥23,867,493.39 in the previous year, indicating increased financial costs[64]. - The company received government subsidies amounting to CNY 3,512,996.28 during the current period, compared to CNY 9,607,160.12 in the previous period[56].