Shenli(SH:603819)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥302,662,180.72, a decrease of 9.08% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2023 was ¥5,007,509.60, with a significant decline of 95.70% year-on-year, resulting in a total of ¥1,231,272.30 for the year-to-date[4] - Basic earnings per share for Q3 2023 were ¥0.02, down 92.31% from the previous year[5] - The diluted earnings per share for Q3 2023 were also ¥0.02, reflecting the same decline of 92.31% year-on-year[5] - The decline in net profit was primarily due to decreased sales prices and reduced order volumes, leading to increased fixed production costs[9] - The company reported a significant drop in net profit for the year-to-date, primarily due to high raw material costs and a decrease in customer orders[9] - Net profit for the third quarter of 2023 was a loss of CNY 2,091,757.97, compared to a profit of CNY 20,831,029.58 in the same quarter of 2022[22] - The company’s total comprehensive income for Q3 2023 was a loss of CNY 2,091,757.97, compared to a gain of CNY 20,831,029.58 in Q3 2022[23] Cash Flow and Liquidity - The cash flow from operating activities for Q3 2023 was ¥1,852,914.34, a drastic decrease of 1,690.93% compared to the same period last year, leading to a year-to-date total of -¥22,867,768.66[4] - The company reported a net cash flow from operating activities of CNY -22,867,768.66 for the first three quarters of 2023, compared to CNY 1,437,381.93 in the same period of 2022[26] - The net cash flow from investing activities was 87,914,370.51, compared to a negative cash flow of -16,497,976.00 in the previous period[27] - Cash inflow from financing activities totaled 660,139,600.00, down from 795,000,000.00 in the prior period[27] - The net cash flow from financing activities was 10,341,122.74, a decrease from 104,455,353.54 in the previous period[27] - The cash and cash equivalents at the end of the period amounted to 227,242,571.51, compared to 234,449,171.42 at the end of the previous period[27] - The total cash and cash equivalents increased by 76,876,557.01 during the quarter, compared to an increase of 91,546,027.31 in the prior quarter[27] - The company reported a total cash outflow from investing activities of 83,252,880.19, which includes various investment-related cash payments[27] - The company repaid debts amounting to 631,000,000.00, compared to 662,750,000.00 in the previous period[27] - The impact of exchange rate changes on cash and cash equivalents was 1,488,832.42, down from 2,151,267.84 in the prior period[27] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥1,574,887,319.68, representing a 3.68% increase from the end of the previous year[5] - Total current liabilities amounted to RMB 786,116,490.06, compared to RMB 729,731,906.52, showing an increase of about 8%[17] - Non-current liabilities increased to RMB 28,058,006.34 from RMB 23,171,961.70, reflecting a growth of approximately 21%[17] - The total liabilities as of Q3 2023 were CNY 814,174,496.40, an increase from CNY 752,903,868.22 in the previous year[18] - The total equity attributable to shareholders was CNY 720,344,487.56, slightly down from CNY 722,340,334.43 in the same period last year[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 7.572 million[12] - The company has a total of 66,842,943 shares held by the largest shareholder, accounting for 30.70% of total shares[12] Research and Development - Research and development expenses increased to CNY 11,599,151.22 in Q3 2023, up from CNY 10,710,108.12 in Q3 2022, reflecting a focus on innovation[22] Management and Governance - The company is led by Chen Meng, with He Changlin responsible for accounting work and Zhang Ying as the head of the accounting institution[28] Accounting Standards - The company did not apply new accounting standards or interpretations for the current year[27]