惠达卫浴(603385) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥993,631,990.06, representing a year-over-year increase of 9.51%[6] - The net profit attributable to shareholders for Q3 2023 was a loss of ¥86,004,373.26, a decrease of 418.94% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥111,731,599.06, down 315.98% year-over-year[6] - The basic earnings per share for Q3 2023 was -¥0.2253, a decrease of 421.09% compared to the previous year[7] - Net profit for Q3 2023 was CNY -26,588,130.39, a significant decline compared to CNY 91,016,813.42 in Q3 2022, indicating a decrease of 129.3%[22] - The company's operating profit for Q3 2023 was CNY -28,714,840.49, compared to CNY 105,682,879.38 in Q3 2022, reflecting a decrease of 127.2%[22] - Basic and diluted earnings per share for Q3 2023 were both CNY -0.2253, compared to CNY 0.2470 in Q3 2022, indicating a significant decline[24] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥5,822,615,536.10, a decrease of 2.65% from the end of the previous year[7] - As of September 30, 2023, the company's total current assets amounted to ¥2,273,583,753.38, a decrease from ¥2,726,165,909.24 at the end of 2022, reflecting a decline of approximately 16.5%[17] - The company's accounts receivable stood at ¥793,911,452.29, down from ¥905,608,849.11, indicating a reduction of about 12.3%[17] - The company's inventory was reported at ¥1,096,456,857.85, down from ¥1,147,156,864.33, showing a decrease of about 4.4%[17] - The total debt investment increased to ¥1,409,002,307.10 from ¥996,667,106.54, marking an increase of approximately 41.3%[17] - Total liabilities decreased to CNY 1,815,235,446.10 in Q3 2023 from CNY 1,890,100,917.50 in Q3 2022, a reduction of 3.95%[19] - The company's equity attributable to shareholders decreased to CNY 3,815,003,749.69 in Q3 2023 from CNY 3,898,973,507.39 in Q3 2022, a decline of 2.14%[19] Cash Flow - The cash flow from operating activities for the year-to-date was ¥320,151,917.61, an increase of 12.56%[7] - In the first three quarters of 2023, the cash inflow from operating activities was CNY 2,781,183,703.65, a decrease of 8.2% compared to CNY 3,029,238,568.74 in the same period of 2022[26] - The net cash flow from operating activities increased to CNY 320,151,917.61, up by 12.5% from CNY 284,437,268.73 in the first three quarters of 2022[26] - Cash inflow from investment activities totaled CNY 1,132,908,687.18, down 43.0% from CNY 1,986,686,949.87 in the previous year[27] - The net cash flow from investment activities was negative at CNY -274,456,905.86, worsening from CNY -97,330,657.76 in the same period last year[27] - Cash inflow from financing activities was CNY 366,990,000.00, an increase of 15.7% compared to CNY 317,000,000.00 in 2022[27] - The net cash flow from financing activities was CNY -104,442,007.69, an improvement from CNY -150,401,055.24 in the previous year[27] Shareholder Information - The company has a total of 16,342 common shareholders as of the reporting date[13] - The top ten shareholders hold a combined 70.67% of the company's shares, with the largest shareholder, Wang Huiwen, owning 17.55%[13] Risk Factors - The company has identified risks related to the liquidity of certain strategic real estate clients, which may impact future cash flows[15] - The company is actively monitoring and assessing the financial health of its clients to mitigate potential risks associated with accounts receivable[15] Operating Costs and Expenses - Total operating costs increased to CNY 2,533,806,845.11 in 2023 from CNY 2,516,315,970.01 in 2022, marking an increase of 0.12%[21] - Research and development expenses for Q3 2023 were CNY 108,239,876.79, slightly up from CNY 105,733,733.48 in Q3 2022, an increase of 2.4%[22] - The company paid CNY 584,549,982.38 to employees, a decrease of 11.1% from CNY 657,670,695.83 in the same period of 2022[26]