福蓉科技(603327) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥552,917,160.34, representing a year-on-year increase of 7.29%[3] - The net profit attributable to shareholders for Q3 2023 was ¥84,480,551.62, a decrease of 3.36% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥79,264,328.77, down 9.73% year-on-year[3] - Total operating revenue for the first three quarters of 2023 was approximately ¥1.42 billion, a decrease of 14.4% compared to ¥1.66 billion in the same period of 2022[20] - Net profit for the first three quarters of 2023 was approximately ¥245.05 million, a decline of 25.1% from ¥327.18 million in the same period of 2022[21] - The company reported a total profit of approximately ¥291.85 million for the first three quarters of 2023, a decrease of 25.8% from ¥393.38 million in the same period of 2022[21] Earnings and Shareholder Returns - The basic earnings per share for Q3 2023 was ¥0.1247, down 3.33% year-on-year[3] - Basic earnings per share for the third quarter of 2023 was ¥0.3616, down from ¥0.4828 in the same period of 2022[22] - The weighted average return on equity decreased by 0.49 percentage points to 4.46%[3] Assets and Liabilities - The total assets at the end of the reporting period increased by 35.66% to ¥3,302,369,368.43 compared to the end of the previous year[4] - As of September 30, 2023, total current assets amounted to RMB 1,600,230,818.90, an increase from RMB 1,247,087,412.72 at the end of 2022, reflecting a growth of approximately 28.3%[14] - The company's total assets reached RMB 3,302,369,368.43, up from RMB 2,434,217,620.71 at the end of 2022, indicating a growth of about 35.6%[16] - Total liabilities increased significantly to RMB 1,341,458,846.26 from RMB 560,898,304.24, representing an increase of approximately 139.2%[16] - The total equity attributable to shareholders increased to RMB 1,960,910,522.17 from RMB 1,873,319,316.47, reflecting a growth of about 4.7%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 58.20% to ¥180,412,024.12[3] - Operating cash flow for the first three quarters of 2023 was approximately ¥180.41 million, a decrease of 58.3% compared to ¥431.63 million in the same period of 2022[25] - Net cash flow from financing activities was $431,179,729.90, a significant increase from $12,651,414.75 in the previous period[26] - Cash and cash equivalents at the end of the period totaled $404,253,225.26, down from $446,924,709.42 at the beginning of the period[26] - The net increase in cash and cash equivalents was negative at -$42,671,484.16, compared to a positive increase of $200,093,412.15 in the previous period[26] Research and Development - The company reported a significant increase in research and development expenses by 54.82% year-on-year[9] - Research and development expenses for the first three quarters of 2023 were approximately ¥17.43 million, an increase of 55.1% compared to ¥11.26 million in the same period of 2022[20] Other Financial Metrics - The company's cash and cash equivalents decreased to RMB 410,659,623.33 from RMB 465,573,316.21, a decline of about 11.8%[14] - Inventory levels rose to RMB 310,903,788.86, compared to RMB 252,054,962.23 at the end of 2022, marking an increase of approximately 23.2%[14] - The company experienced a decrease in sales expenses, which were approximately ¥30.13 million in the first three quarters of 2023, down 32.3% from ¥44.49 million in the same period of 2022[20] - Cash inflow from investment activities in the first three quarters of 2023 was approximately ¥862.28 million, compared to ¥407.00 million in the same period of 2022, indicating a significant increase[25] - Cash outflow from investment activities for the first three quarters of 2023 was approximately ¥1.52 billion, up from ¥668.69 million in the same period of 2022[25] Borrowings - The company’s long-term borrowings increased by 141.78%, primarily due to project financing by subsidiaries[9] - The company reported a significant increase in long-term borrowings, which rose to RMB 237,108,429.43 from RMB 98,067,117.43, an increase of approximately 141.5%[16]