鼎胜新材(603876) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for the third quarter was approximately ¥5.02 billion, a decrease of 3.48% compared to the same period last year[12]. - The net profit attributable to shareholders for the third quarter was approximately ¥117.72 million, down 73.02% year-on-year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥112.11 million, a decrease of 76.73% compared to the same period last year[14]. - The basic earnings per share for the third quarter was ¥0.13, down 73.28% year-on-year[14]. - The diluted earnings per share for the third quarter was ¥0.13, down 71.80% year-on-year[14]. - The company reported a significant decline in gross profit, which was the main reason for the decrease in net profit[7]. - Total operating revenue for the first three quarters of 2023 was CNY 14,237,680,471.02, a decrease of 14.5% compared to CNY 16,645,416,459.53 in the same period of 2022[24]. - Operating profit for the first three quarters of 2023 was CNY 566,258,923.04, a decline from CNY 1,216,063,096.94 in the same period of 2022[25]. - Comprehensive income for the first three quarters of 2023 totaled CNY 450,112,280.99, significantly lower than CNY 1,023,736,293.11 in the previous year[28]. - Basic earnings per share for the first three quarters of 2023 were CNY 0.53, down from CNY 1.18 in the same period of 2022[28]. - The company's net profit for the first three quarters of 2023 was CNY 466,573,129.69, a decrease of 54.91% compared to CNY 1,034,902,754.88 in the same period of 2022[47]. - The company reported a total profit of CNY 542,213,802.88 for the first three quarters of 2023, down from CNY 1,231,926,911.92 in the same period of 2022[47]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was approximately ¥835.84 million, a decrease of 49.98% compared to the same period last year[14]. - The company's cash and cash equivalents decreased, impacting liquidity and operational flexibility[22]. - In the first three quarters of 2023, the company generated cash inflows from operating activities totaling CNY 16,922,608,016.76, a slight increase of 2.73% compared to CNY 16,472,211,928.28 in the same period of 2022[29]. - The net cash received from other operating activities increased significantly to CNY 5,687,119,643.47, up 109.06% from CNY 2,722,578,340.19 in the previous year[29]. - The net cash flow from operating activities for the third quarter was 835,842,132.82, a decrease of 50% compared to 1,671,112,795.72 in the previous year[51]. - The total cash outflow from investing activities was 1,278,503,453.93, down from 1,513,377,954.45 in the same period last year, resulting in a net cash flow from investing activities of -705,698,510.61[51]. - Cash inflow from financing activities totaled 6,619,149,687.85, a decrease from 7,411,878,466.18 in the previous year, with a net cash flow from financing activities of -68,426,686.52[51]. - The company's cash and cash equivalents at the end of the period amounted to 876,753,794.12, an increase from 763,719,367.72 at the end of the previous year[51]. - The cash flow from other operating activities was 6,224,099,198.88, an increase from 5,727,482,320.63, indicating a growth of about 8.7%[51]. - The company reported a total cash inflow from investment activities of 572,804,943.32, down from 658,474,950.12 in the previous year[51]. - The cash flow from other financing activities was 278,086,275.51, compared to 267,500,027.78 in the previous year, showing a slight increase[51]. - The impact of exchange rate changes on cash and cash equivalents was 28,519,260.39, compared to 38,202,947.80 in the previous year[51]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥24.14 billion, an increase of 9.95% compared to the end of the previous year[14]. - The equity attributable to shareholders at the end of the reporting period was approximately ¥6.40 billion, an increase of 1.50% compared to the end of the previous year[14]. - The weighted average return on equity for the year-to-date period was 1.91%, a decrease of 5.73 percentage points year-on-year[14]. - Total assets as of September 30, 2023, amounted to CNY 24,137,622,518.49, an increase from CNY 21,954,060,892.02 at the end of 2022[23]. - Non-current assets totaled CNY 7,855,722,954.87 as of September 30, 2023, compared to CNY 7,131,873,299.83 in the previous year[23]. - Short-term borrowings were CNY 4,233,837,011.23, slightly down from CNY 4,244,270,029.04 in the previous year[23]. - The total liabilities of the company as of September 30, 2023, were CNY 17,729,179,109.58, compared to CNY 15,638,418,705.66 at the end of 2022, indicating an increase of 13.41%[44]. - The company's equity attributable to shareholders reached CNY 6,398,559,942.08, up from CNY 6,304,207,300.20 at the end of 2022, representing a growth of 1.50%[44]. - The company's inventory as of September 30, 2023, was CNY 3,698,348,073.82, an increase from CNY 3,452,332,810.08 at the end of 2022, reflecting a growth of 7.13%[41]. Government Support - The company received government subsidies amounting to CNY 8,579,781.12 during the reporting period, contributing positively to its financial performance[34].