博敏电子(603936) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥767,776,302.06, representing an increase of 11.08% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was a loss of ¥15,402,420.18, a decrease of 175.15% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was a loss of ¥22,259,520.61, down 239.61% from the previous year[5] - The basic earnings per share for Q3 2023 was -¥0.03, a decrease of 175.00% compared to the same period last year[5] - The diluted earnings per share for Q3 2023 was also -¥0.03, reflecting a 175.00% decline year-on-year[5] - Operating profit for the third quarter was ¥60,467,254.83, down 58.1% from ¥144,599,742.85 in the previous year[20] - The net profit for Q3 2023 was CNY 56,776,741.12, a decrease from CNY 129,959,767.68 in Q3 2022, representing a decline of approximately 56.2%[21] - The total comprehensive income attributable to the parent company for Q3 2023 was CNY 60,813,528.79, compared to CNY 152,343,679.90 in Q3 2022, indicating a decrease of about 60%[22] - The basic and diluted earnings per share for Q3 2023 were both CNY 0.10, down from CNY 0.25 in Q3 2022, reflecting a 60% decline[22] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥8,339,301,656.59, an increase of 20.54% compared to the end of the previous year[6] - Total current assets increased to RMB 3,182,266,475.09 from RMB 2,413,060,320.32 year-over-year[15] - Non-current assets totaled ¥5,157,035,181.50, an increase of 14.5% from ¥4,505,441,497.70 year-over-year[18] - Total liabilities amounted to ¥3,129,922,226.63, a decrease of 3.3% compared to ¥3,236,230,998.49 in the previous year[18] - Total current liabilities were approximately 2.42 billion, with short-term borrowings at 769.49 million and accounts payable at 952.80 million[27] - Total non-current liabilities amounted to approximately 818.34 million, with long-term borrowings at 592.20 million[28] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥245,914,325.80, an increase of 58.57% compared to the same period last year[10] - Cash flow from operating activities for the first three quarters of 2023 was CNY 245,914,325.80, an increase from CNY 155,080,532.60 in the same period of 2022, representing a growth of approximately 58.5%[23] - Cash flow from investing activities for Q3 2023 resulted in a net outflow of CNY 1,664,624,311.91, compared to a net outflow of CNY 727,480,577.41 in Q3 2022, indicating a significant increase in investment expenditures[24] - Cash flow from financing activities for Q3 2023 was a net inflow of CNY 1,333,470,327.18, up from CNY 429,095,312.29 in Q3 2022, showing an increase of approximately 210%[24] - The total cash and cash equivalents at the end of Q3 2023 were CNY 325,808,301.50, down from CNY 372,819,735.63 at the end of Q3 2022, a decrease of about 12.6%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 42,993[11] - The largest shareholder, Xu Huan, holds 70,661,419 shares, accounting for 11.08% of total shares, with 35,330,000 shares pledged[11] - The top ten shareholders include both individual and institutional investors, with significant pledges noted[13] Strategic Initiatives - The company attributed the decline in net profit to a sluggish macroeconomic environment, intensified competition, and high fixed costs during the ramp-up phase of new projects[10] - The company plans to repurchase shares with a total fund of no less than RMB 60 million and no more than RMB 120 million, at a price not exceeding RMB 16.00 per share[14] - The company has not yet implemented the share repurchase plan as of the end of the reporting period[14] - Future outlook indicates a commitment to market expansion and new product development initiatives[20] - The company is focusing on expanding its market presence and enhancing product development strategies[29] - Future outlook includes continued investment in new technologies and potential mergers and acquisitions to drive growth[29] Other Financial Metrics - The weighted average return on equity for Q3 2023 was -0.41%, a decrease of 0.96 percentage points from the previous year[6] - Research and development expenses for the third quarter were ¥99,223,768.16, an increase of 5.3% from ¥93,979,436.38 in the previous year[20] - The company reported a net profit margin of approximately 2.6% for the first three quarters of 2023[19] - The company's cash and cash equivalents increased to RMB 1,157,380,128.24 from RMB 483,888,147.22 year-over-year[15] - Accounts receivable decreased to RMB 1,002,206,821.70 from RMB 1,158,230,831.72 year-over-year[15] - Inventory increased to RMB 558,553,940.31 from RMB 488,596,440.54 year-over-year[15] - The company has a long-term equity investment of RMB 8,664,406.64, down from RMB 14,110,475.94 year-over-year[15] - The company reported a deferred tax asset increase of 6.22 million, indicating a positive adjustment in tax positions[27] - The company has adopted new accounting standards starting from January 1, 2023, which may impact future financial reporting[25]