Sunxing(SH:603978)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥455,195,932.51, representing a year-over-year increase of 24.38%[5] - The net profit attributable to shareholders for Q3 2023 was -¥15,921,870.86, a decrease of 799.64% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥16,767,999.70, with no applicable percentage change due to the nature of the data[5] - The net profit attributable to shareholders for the year-to-date period was -¥64,955,107.38, a decrease of 401.66% compared to the same period last year[5] - The net profit for the third quarter of 2023 was a loss of ¥64,955,107.38, a significant decline from a profit of ¥21,532,880.79 in the same quarter of 2022[21] - The operating profit for the third quarter of 2023 was a loss of ¥65,597,161.97, compared to a profit of ¥14,436,336.24 in the third quarter of 2022[20] - The company reported a total comprehensive loss of ¥64,955,107.38 for the third quarter of 2023, contrasting with a comprehensive income of ¥21,532,880.79 in the same quarter of 2022[22] Cash Flow - The cash flow from operating activities for the year-to-date period was -¥100,589,339.17, indicating a significant cash outflow[6] - Cash inflow from operating activities for the first three quarters of 2023 was ¥825,437,659.04, a decrease from ¥938,652,143.06 in the same period of 2022[22] - Cash outflow for purchasing goods and services in the first three quarters of 2023 was ¥824,357,341.87, compared to ¥926,344,194.34 in 2022, reflecting a reduction of approximately 11.0%[22] - The net cash flow from operating activities was -$100.59 million, compared to -$75.16 million in the previous year, indicating a decline of approximately 33.8%[23] - The company reported a total cash outflow from operating activities of $926.03 million, compared to $1.01 billion in the previous year, a decrease of about 8.6%[23] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥3,513,394,706.98, an increase of 10.17% from the end of the previous year[6] - The total liabilities as of the third quarter of 2023 amounted to ¥1,846,433,919.80, an increase from ¥1,456,784,649.76 in the previous year[20] - Total current assets as of September 30, 2023, amount to ¥1,709,331,296.13, an increase from ¥1,603,871,634.99 at the end of 2022[15] - Total non-current assets are reported at ¥1,804,063,410.85, up from ¥1,585,223,522.57 in the previous year[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,788[12] - The largest shareholder, Chen Xueming, holds 35,111,774 shares, representing 21.16% of total shares[13] - The company has a total of 1,884,900 shares held in a repurchase account, representing 1.14% of total shares[13] - The company’s largest shareholder, Chen Xueming, has a controlling interest of 51.0214% through direct and indirect holdings[13] Government Subsidies and Costs - The company received government subsidies amounting to ¥1,554,479.71 in Q3 2023, contributing to its financial performance[9] - Total operating costs for the first three quarters of 2023 were ¥1,173,292,639.18, compared to ¥1,105,475,904.86 in 2022, representing an increase of about 6.14%[20] Earnings Per Share - The basic and diluted earnings per share for Q3 2023 were both -¥0.09, reflecting a decrease of 1,000% compared to the previous year[6] - Basic and diluted earnings per share for the third quarter of 2023 were both -¥0.39, down from ¥0.13 in the same quarter of 2022[22] Price Impact - The company reported a significant decrease in lithium hexafluorophosphate prices, which adversely affected net profit margins[10]