海利尔(603639) - 2023 Q3 - 季度财报

Major Financial Data Major Accounting Data and Financial Indicators The company's Q3 2023 operating revenue grew 5.25% and net profit attributable to parent company shareholders increased 9.96%, with year-to-date operating cash flow up 90.99% Key Financial Indicators for Q3 and YTD 2023 | Indicator | Current Reporting Period (Q3) | Year-to-Date (YTD) | Year-over-Year Change (YTD) (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 1,044,000,000 | 3,707,000,000 | -2.51% | | Net Profit Attributable to Shareholders of the Listed Company (CNY) | 111,000,000 | 442,000,000 | 2.70% | | Net Profit Attributable to Shareholders of the Listed Company (Excluding Non-Recurring Items) (CNY) | 98,000,000 | 476,000,000 | -1.42% | | Net Cash Flow from Operating Activities (CNY) | Not Applicable | 579,000,000 | 90.99% | | Basic Earnings Per Share (CNY/share) | 0.33 | 1.30 | 3.13% | | Total Assets (Period-End) (CNY) | 6,401,000,000 | 6,401,000,000 | 9.65% (compared to previous year-end) | | Shareholders' Equity Attributable to Shareholders of the Listed Company (Period-End) (CNY) | 3,351,000,000 | 3,351,000,000 | 4.33% (compared to previous year-end) | Non-Recurring Gains and Losses Items and Amounts During Q3 2023, the company's total non-recurring gains and losses amounted to 13.63 million CNY, primarily from fair value changes of financial assets/liabilities, while year-to-date, the total was -33.28 million CNY, mainly due to accumulated fair value losses Major Non-Recurring Gains and Losses Items (Unit: CNY) | Item | Amount for Current Period (CNY) | Amount Year-to-Date (CNY) | | :--- | :--- | :--- | | Gains and Losses from Fair Value Changes | 13,010,220.65 | -39,066,554.87 | | Government Grants Recognized in Current Profit/Loss | 2,022,094.54 | 8,983,666.60 | | Gains and Losses from Disposal of Non-Current Assets | -1,473,532.82 | -1,948,164.86 | | Total | 13,634,591.44 | -33,281,067.17 | Changes and Reasons for Major Accounting Data and Financial Indicators Significant period-end changes include a 60.21% increase in accounts receivable, a 161.43% rise in construction in progress, a 93.87% decrease in financial expenses, and a 90.99% growth in net cash flow from operating activities Changes and Reasons for Major Financial Indicators | Item | Change (%) | Primary Reason | | :--- | :--- | :--- | | Accounts Receivable | 60.21 | Shipments during peak sales season not yet due for payment | | Construction in Progress | 161.43 | Increased investment in Hengning Project | | Financial Expenses | -93.87 | Impact of exchange rate fluctuations | | Net Cash Flow from Operating Activities | 90.99 | Timely collection of sales proceeds | Shareholder Information Shareholder Holdings As of the period-end, the company had 13,469 common shareholders, with the top three shareholders, Zhang Aiying, Ge Yaolun, and Ge Jiacheng, acting in concert and collectively holding over 59% of shares, indicating a relatively concentrated equity structure - As of the period-end, the company had 13,469 common shareholders[13] Top Three Shareholders' Holdings | Shareholder Name | Holding Percentage (%) | Related Party Relationship | | :--- | :--- | :--- | | Zhang Aiying | 37.40 | Concerted Action Party | | Ge Yaolun | 18.23 | Concerted Action Party | | Ge Jiacheng | 3.74 | Concerted Action Party | Other Reminders Other Important Operating Information Requiring Investor Attention The company has no other significant operating information requiring special investor attention during the current reporting period - The company has no other significant operating information requiring special investor attention during the current reporting period[15] Quarterly Financial Statements Type of Audit Opinion The financial statements for this quarter are unaudited - The company's Q3 2023 financial statements are unaudited[15] Financial Statements This section presents the company's consolidated balance sheet as of September 30, 2023, and the consolidated income statement and cash flow statement for January-September 2023 Consolidated Balance Sheet As of September 30, 2023, the company's total assets were 6.401 billion CNY, up 9.65% from year-end; total liabilities were 3.050 billion CNY, up 16.17%; and shareholders' equity attributable to listed company shareholders was 3.351 billion CNY, up 4.33%, with an asset-liability ratio of 47.65% Key Balance Sheet Items (As of September 30, 2023) | Item | Sep 30, 2023 (CNY) | Dec 31, 2022 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 6,401,025,895.36 | 5,837,602,158.84 | 9.65 | | Total Liabilities | 3,050,076,804.11 | 2,625,649,238.99 | 16.17 | | Shareholders' Equity Attributable to Shareholders of the Listed Company | 3,350,949,091.25 | 3,211,952,919.85 | 4.33 | - Asset growth primarily stemmed from accounts receivable (+60.21%) and construction in progress (+161.43%), while liability growth was mainly driven by short-term borrowings, notes payable, and taxes payable[10][16][17] Consolidated Income Statement For the first three quarters of 2023, the company reported total operating revenue of 3.707 billion CNY, a 2.51% year-over-year decrease, and net profit attributable to parent company shareholders of 442 million CNY, a 2.70% increase, driven by effective control over operating costs and financial expenses, alongside a 20.67% rise in R&D expenses Key Income Statement Items (First Three Quarters of 2023) | Item | First Three Quarters of 2023 (CNY) | First Three Quarters of 2022 (CNY) | Year-over-Year Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 3,707,271,408.11 | 3,802,550,062.12 | -2.51 | | Total Operating Costs | 3,097,495,540.35 | 3,180,955,439.46 | -2.62 | | Net Profit Attributable to Parent Company Shareholders | 442,221,155.56 | 430,591,861.86 | 2.70 | | Basic Earnings Per Share (CNY/share) | 1.30 | 1.26 | 3.17 | - Research and development expenses increased 20.67% year-over-year to 193 million CNY, while financial expenses shifted from -99 million CNY in the prior year to -6 million CNY due to exchange rate fluctuations[20] Consolidated Cash Flow Statement In the first three quarters of 2023, net cash flow from operating activities significantly increased by 90.99% to 579 million CNY, primarily due to timely collection of sales proceeds and reduced procurement outlays, while net cash outflows from investing and financing activities were 544 million CNY and 94 million CNY, respectively, resulting in a period-end cash and cash equivalents balance of 281 million CNY Key Cash Flow Statement Items (First Three Quarters of 2023) | Item | First Three Quarters of 2023 (CNY) | First Three Quarters of 2022 (CNY) | Year-over-Year Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 579,122,250.94 | 303,218,727.76 | 90.99 | | Net Cash Flow from Investing Activities | -544,011,574.81 | -555,269,883.47 | Not Applicable | | Net Cash Flow from Financing Activities | -94,288,754.00 | 327,499,464.15 | Not Applicable | | Cash and Cash Equivalents at Period End | 280,678,286.82 | 605,750,856.27 | -53.68 | - The strong growth in operating cash flow was primarily driven by a 15.52% year-over-year decrease in cash paid for goods and services, while cash received from sales of goods and services remained largely stable[25][26]