华菱精工(603356) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥382,074,051.82, a decrease of 37.89% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥12,610,161.84, representing a decline of 196.55% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥18,850,299.24, down 252.50% from the previous year[5]. - The basic and diluted earnings per share for the current period were both -¥0.10, a decrease of 200.00% compared to the same period last year[6]. - The weighted average return on equity was -1.67%, a decrease of 3.34 percentage points from the previous year[6]. - The company reported a total of ¥6,240,148.40 in non-recurring gains and losses for the current period[8]. - The decline in revenue and profit was attributed to reduced market demand, increased competition, and lower product prices[9]. - The company experienced a significant drop in gross margin due to decreased orders and sales revenue[9]. - The net profit attributable to the parent company for Q3 2023 was -40,809,450.68 RMB, compared to a profit of 4,774,997.95 RMB in Q3 2022, indicating a significant decline[19]. - The total profit for Q3 2023 was -52,326,323.98 RMB, down from 9,221,793.15 RMB in the same period last year[19]. - Operating profit for Q3 2023 was -65,384,048.97 RMB, compared to a profit of 8,462,948.36 RMB in Q3 2022, reflecting a substantial decrease[19]. - Basic and diluted earnings per share for Q3 2023 were both -0.31 RMB, compared to 0.04 RMB in Q3 2022[19]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,873,890,702.25, down 14.60% from the end of the previous year[6]. - As of September 30, 2023, total current assets amounted to RMB 953,405,851.49, a decrease from RMB 1,259,112,171.41 at the end of 2022, reflecting a decline of approximately 24.2%[14]. - Total non-current assets as of September 30, 2023, were RMB 920,484,850.76, slightly down from RMB 935,061,505.17 at the end of 2022, showing a decrease of about 1.5%[15]. - Total liabilities as of September 30, 2023, were RMB 1,007,558,758.19, down from RMB 1,225,569,672.31 at the end of 2022, indicating a reduction of approximately 17.8%[16]. - The company's cash and cash equivalents decreased to RMB 186,602,334.55 as of September 30, 2023, from RMB 344,907,120.07 at the end of 2022, representing a decline of about 46%[14]. - Short-term borrowings decreased significantly to RMB 93,400,000.00 as of September 30, 2023, compared to RMB 189,600,751.51 at the end of 2022, a reduction of approximately 50.8%[16]. - The company's retained earnings as of September 30, 2023, were RMB 262,914,935.56, down from RMB 303,724,386.24 at the end of 2022, reflecting a decrease of about 13.5%[16]. - The total equity attributable to shareholders of the parent company was RMB 738,964,118.57 as of September 30, 2023, down from RMB 773,156,265.31 at the end of 2022, indicating a decline of approximately 4.4%[16]. - The company reported a decrease in inventory to RMB 169,428,611.03 as of September 30, 2023, from RMB 206,078,577.37 at the end of 2022, representing a decline of about 17.7%[15]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥61,289,448.87, a decrease of 71.36% compared to the same period last year[6]. - Cash flow from operating activities for the first nine months of 2023 was 61,289,448.87 RMB, down from 214,031,888.19 RMB in the same period of 2022, a decline of about 71.43%[21]. - The company reported a net cash outflow from investing activities of -61,923,373.35 RMB in the first nine months of 2023, compared to -261,577,357.00 RMB in the same period of 2022[22]. - Cash and cash equivalents at the end of Q3 2023 were 186,602,334.55 RMB, down from 280,974,741.60 RMB at the end of Q3 2022, a decrease of approximately 33.5%[22]. - The company’s total operating cash inflow for the first nine months of 2023 was 1,272,459,339.49 RMB, down from 1,592,913,696.78 RMB in the same period of 2022, a decrease of about 20%[21]. Expenses - Research and development expenses increased to 25,166,421.88 RMB in Q3 2023 from 22,897,274.91 RMB in Q3 2022, showing a growth of approximately 5.56%[19]. - The company incurred financial expenses of 18,395,457.31 RMB in Q3 2023, a decrease from 21,555,727.31 RMB in Q3 2022, reflecting a reduction of approximately 14.5%[19]. Revenue Trends - Total operating revenue for the first three quarters of 2023 reached RMB 1,307,830,744.93, an increase from RMB 1,138,413,881.03 in the same period of 2022, representing a growth of approximately 14.9%[17]. - Total operating costs for the first three quarters of 2023 were RMB 1,202,512,054.25, down from RMB 1,309,083,270.24 in the same period of 2022, indicating a decrease of about 8.2%[17].