丰山集团(603810) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥295,110,267.92, a decrease of 19.40% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥3,651,355.96, down 79.53% year-on-year[5] - The basic earnings per share for Q3 2023 was ¥0.02, reflecting a decline of 81.82% compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 was CNY 1,005,597,225.86, a decrease of 27.3% compared to CNY 1,383,610,134.73 in the same period of 2022[20] - Net profit for Q3 2023 was CNY 20,074,507.75, a significant decline of 78.1% from CNY 92,077,077.69 in Q3 2022[22] - Earnings per share for Q3 2023 were CNY 0.13, compared to CNY 0.57 in Q3 2022, indicating a decrease of 77.2%[23] - The company reported a total profit of CNY 22,883,748.14 for Q3 2023, down from CNY 107,261,599.59 in Q3 2022, marking a decline of 78.7%[22] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥2,695,738,969.18, representing a slight increase of 1.07% from the end of the previous year[6] - The company's total assets as of September 30, 2023, amount to 2,695,738,969.18 RMB, an increase from 2,667,197,386.94 RMB at the end of 2022[17] - Total liabilities as of Q3 2023 amounted to CNY 1,072,058,706.53, slightly up from CNY 1,067,938,797.83 in the previous year[21] - The company’s equity attributable to shareholders increased by 1.46% to ¥1,622,816,844.91 compared to the previous year-end[6] - Total liabilities reached approximately $1.07 billion, compared to $1.07 billion in the previous quarter[31] - The total liabilities and shareholders' equity matched the total assets at approximately $2.67 billion[31] Cash Flow - The net cash flow from operating activities for the year-to-date period was negative at -¥1,035.21, indicating a decrease in cash received from sales[11] - The net cash flow from operating activities for Q3 2023 was -¥84,765,202.83, contrasting with a positive net cash flow of ¥9,063,794.37 in Q3 2022[25] - Cash inflow from financing activities in Q3 2023 was ¥65,204,691.90, significantly lower than ¥583,446,172.00 in Q3 2022[25] - The net cash flow from financing activities for Q3 2023 was ¥45,703,648.51, a decrease of 91.1% compared to ¥511,439,005.23 in Q3 2022[25] - The company reported a cash outflow of ¥681,121,821.03 for purchasing goods and services in the first three quarters of 2023, a decrease of 20% from ¥851,585,476.70 in the same period of 2022[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,303[13] - The largest shareholder, Yin Fengshan, holds 67,725,478 shares, representing 41.73% of total shares[14] - The total number of shares held by the top ten shareholders accounts for a significant portion of the company's equity, with the top shareholder alone holding over 41%[14] Cost and Expenses - The gross profit margin decreased due to a larger decline in product prices compared to raw material costs, leading to a total profit drop of 78.67%[10] - The company reported a 46.59% increase in tax expenses, primarily due to an increase in stamp duty[10] - Total operating costs for the first three quarters of 2023 were CNY 988,797,118.43, down from CNY 1,256,629,389.69 in the previous year, reflecting a reduction of 21.3%[21] Current and Non-Current Assets - Current assets total 1,785,039,445.45 RMB, down from 1,825,359,155.90 RMB at the end of 2022[16] - Non-current assets total 910,699,523.73 RMB, up from 841,838,231.04 RMB[17] - The company reported a decrease in inventory to 367,989,281.50 RMB from 405,933,149.91 RMB[16] - Accounts receivable increased to 294,270,449.15 RMB from 177,163,776.78 RMB, indicating a significant growth in receivables[16] Deferred Income and Other Financial Metrics - Deferred income increased to CNY 44,452,795.97 in Q3 2023 from CNY 35,643,783.25 in the previous year, reflecting a growth of 24.8%[21] - The company reported a decrease in deferred income tax assets from $7.78 million to $5.95 million[30] - The company has a total of $35.64 million in deferred income[31]