世茂能源(605028) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥83,860,111, a decrease of 11.98% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥43,049,853.72, down 11.87% year-on-year[5]. - The basic earnings per share for the quarter was ¥0.27, reflecting a decline of 12.90% compared to the previous year[6]. - The weighted average return on equity decreased to 3.49%, down 0.97 percentage points from the previous year[6]. - The net profit after deducting non-recurring gains and losses was ¥41,349,196.67, a decrease of 10.41% year-on-year[5]. - The company's operating revenue for the first three quarters of 2023 was CNY 261,970,375.89, a decrease of 11.5% compared to CNY 296,063,241.26 in the same period of 2022[22]. - Net profit for the first three quarters of 2023 was CNY 142,647,101.29, slightly down from CNY 144,523,271.94 in the previous year, indicating a stable profit performance[22][23]. - The company has maintained a basic and diluted earnings per share of CNY 0.89, consistent with the previous year's performance[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,440,964,148.57, an increase of 8.38% compared to the end of the previous year[6]. - The company's total assets as of September 30, 2023, amount to CNY 1,440,964,148.57, an increase from CNY 1,329,560,000.21 in the previous period[18]. - Current assets total CNY 716,068,023.95, down from CNY 788,069,957.07[18]. - Non-current assets increased to CNY 724,896,124.62 from CNY 541,490,043.14[18]. - The company has a long-term equity investment valued at CNY 18,101,197.62, up from CNY 12,405,443.16[18]. - The total liabilities increased to CNY 186,934,367.27 from CNY 170,177,320.20, indicating a rise in financial obligations[22]. - The company's total equity rose to CNY 1,254,029,781.30, up from CNY 1,159,382,680.01, reflecting a strengthening financial position[22]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥120,076,080.60, down 18.01% compared to the same period last year[5]. - The company reported a significant increase in cash flow from operating activities, totaling CNY 308,108,706.98, compared to CNY 309,778,181.65 in the same period last year[25]. - The net cash flow from operating activities for Q3 2023 was $120,076,080.60, a decrease of 18% compared to $146,460,541.12 in Q3 2022[26]. - Total cash inflow from investment activities reached $1,021,394,190.60, up 19.4% from $855,339,589.20 in the same quarter last year[26]. - The net cash flow from investment activities was $114,368,736.14, significantly increasing from $35,313,529.11 in Q3 2022[26]. - Cash outflow for financing activities totaled $48,588,524.00, down 41.3% from $82,889,303.22 in Q3 2022[26]. - The net increase in cash and cash equivalents for the quarter was $185,873,107.96, compared to an increase of $98,927,051.99 in Q3 2022[26]. - The ending balance of cash and cash equivalents was $371,851,919.91, down from $493,736,325.11 at the end of Q3 2022[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,151[12]. - The largest shareholder, Ningbo Shimao Investment Holdings Co., Ltd., holds 96,000,000 shares, representing 60.00% of the total shares[12]. - The company has a total of 12,000,000 shares held by Ningbo Shimao Copper Industry Co., Ltd., accounting for 7.50% of the total shares[12]. Government Support and Taxation - The company received government subsidies amounting to ¥2,228,300 in the current period, which are closely related to its normal business operations[9]. - The company reported a non-recurring gain of ¥1,700,657.05 for the current period, with a total of ¥7,237,385.06 year-to-date[9]. - The company continues to benefit from VAT refund policies, with a total of ¥12,940,677.38 in VAT refunds expected to persist in the future[10]. - The company received CNY 32,015,052.31 in tax refunds, significantly higher than CNY 13,298,950.63 in the prior year, enhancing liquidity[25]. Operational Efficiency - The gross profit margin improved, with operating costs decreasing to CNY 93,541,007.72 from CNY 101,680,112.60, reflecting a cost reduction strategy[22]. - Research and development expenses remained stable at CNY 9,712,453.70, showing the company's commitment to innovation[22]. - The company is focused on market expansion and new product development as part of its strategic initiatives moving forward[22]. Accounting Standards - The company did not apply new accounting standards for the first time in 2023[27].