江瀚新材(603281) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥574,008,191.83, a decrease of 29.40% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was ¥159,877,969.61, down 35.38% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥141,214,492.84, reflecting a 51.42% decrease compared to the previous year[6]. - For the year-to-date period, the total operating revenue was ¥1,751,370,901.54, a decline of 34.22% compared to the same period last year[6]. - The net profit attributable to shareholders for the year-to-date period was ¥534,508,714.90, down 35.65% year-on-year[6]. - The company reported a total profit of ¥619,169,408.73 for Q3 2023, down from ¥960,644,528.92 in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the reporting period decreased by 51.42% compared to the previous year, primarily due to a decline in sales prices exceeding the increase in sales volume[27]. - Basic earnings per share for the reporting period was ¥0.43, down 65.38% from ¥1.46 in the same period last year[24]. - Total comprehensive income amounted to 534,508,714.90, a decrease from 830,639,821.08[52]. - Basic earnings per share (EPS) decreased to 1.46 yuan/share from 4.15 yuan/share[52]. - Diluted earnings per share (EPS) also decreased to 1.46 yuan/share from 4.15 yuan/share[52]. Revenue and Profit Decline - The company attributed the revenue and profit decline to a significant drop in the market price of functional silanes amid a global economic downturn[9]. - The cash inflow from operating activities totaled ¥1,579,098,079.59, down 33.69% from ¥2,383,031,918.37 in the previous year[24]. - The net cash flow from operating activities for the first three quarters of 2023 was ¥536,338,370.73, a decrease of 46.94% compared to ¥1,010,750,993.12 in the same period of 2022[24]. Assets and Liabilities - The total assets of the company as of the report date were ¥5,075,168,306.93, an increase from ¥2,948,187,828.29 year-on-year[15]. - Total assets at the end of the reporting period reached ¥5,075,168,306.93, representing a 72.15% increase from ¥2,948,187,828.29 at the end of the previous year[24]. - The total liabilities as of September 30, 2023, amounted to ¥409,192,577.96, down from ¥561,634,690.81 in the previous year, showing a decrease of approximately 27.1%[46]. - The total owner's equity as of September 30, 2023, was ¥4,665,975,728.97, compared to ¥2,386,553,137.48 in 2022, reflecting an increase of about 95.5%[46]. - The cash and cash equivalents at the end of the reporting period were ¥1,634,503,637.77, up from ¥1,277,371,783.93 in the previous year, indicating an increase of approximately 27.9%[37]. - The company's total current assets as of September 30, 2023, were ¥3,937,916,606.29, compared to ¥1,746,950,423.50 at the end of 2022, indicating a significant increase[51]. Cash Flow - The net cash flow from investment activities for the first three quarters of 2023 was -¥2,148,174,687.93, compared to -¥334,689,617.03 in the previous year, indicating a significant increase in cash outflow[37]. - The net cash flow from financing activities for the first three quarters of 2023 was ¥1,738,994,557.48, a substantial increase from ¥108,697,711.38 in 2022[37]. - The company's cash inflow from financing activities totaled ¥2,099,081,772.87 in the first three quarters of 2023, compared to ¥376,720,313.79 in the same period of 2022[37]. Research and Development - Research and development expenses for Q3 2023 totaled ¥54,764,783.22, compared to ¥93,191,388.58 for the same period last year[17]. Non-Recurring Gains - Non-recurring gains included government subsidies amounting to ¥10,666,583.74 for Q3 2023[8]. Initial Public Offering - The company raised net funds of ¥2.059 billion from its initial public offering on January 31, 2023, which increased the capital base and diluted the return on equity[27]. Inventory - The company's inventory as of September 30, 2023, was ¥146,322,512.24, down from ¥229,228,951.77 in the previous year, representing a decrease of about 36.1%[51]. Operating Costs - The operating cost for the first three quarters of 2023 was ¥1,112,857,480.82, down from ¥1,505,515,638.44 in 2022, reflecting a reduction of about 26.1%[34].