晨光新材(605399) - 2023 Q3 - 季度财报

Financial Performance - Revenue for Q3 2023 was RMB 306.75 million, a decrease of 35.21% year-over-year[5] - Net profit attributable to shareholders for Q3 2023 was RMB 5.01 million, a decrease of 96.65% year-over-year[5] - Basic earnings per share for Q3 2023 were RMB 0.01, a decrease of 97.92% year-over-year[5] - The decrease in revenue and net profit was primarily due to a decline in the average selling price of products compared to the same period last year[11] - Total revenue for the first three quarters of 2023 was RMB 872.21 million, a decrease of 44.4% compared to RMB 1.57 billion in the same period of 2022[22] - Net profit for the first three quarters of 2023 was RMB 76.13 million, a significant decrease of 86.4% compared to RMB 559.00 million in the same period of 2022[23] - Basic earnings per share for the first three quarters of 2023 were RMB 0.24, a significant decrease from RMB 1.79 in the same period of 2022[24] - Net profit for the third quarter of 2023 was 92.45 million yuan, compared to 549.09 million yuan in the same period last year[35] - Total comprehensive income for the third quarter of 2023 was 92.45 million yuan, down from 549.09 million yuan in the same period last year[36] Cash Flow and Liquidity - Operating cash flow for the first nine months of 2023 was RMB 166.12 million, a decrease of 61.90% year-over-year[5] - Operating cash flow for Q3 2023 was RMB 166.12 million, a decrease from RMB 436.01 million in the same period last year[27] - Net cash flow from operating activities for the first three quarters of 2023 was 151.92 million yuan, down from 439.30 million yuan in the same period last year[39] - Net cash flow from investment activities in Q3 2023 was negative RMB 136.22 million, compared to negative RMB 199.27 million in the same period last year[28] - Net cash flow from investing activities for the first three quarters of 2023 was -71.75 million yuan, an improvement from -212.52 million yuan in the same period last year[39] - Net cash flow from financing activities for the first three quarters of 2023 was -99.34 million yuan, compared to -93.65 million yuan in the same period last year[39] - Cash and cash equivalents at the end of Q3 2023 were RMB 1,218.61 million, compared to RMB 1,091.47 million at the end of the same period last year[28] - Cash and cash equivalents at the end of the third quarter of 2023 were 1.17 billion yuan, up from 1.06 billion yuan at the end of the same period last year[39] Assets and Liabilities - Total assets as of the end of Q3 2023 were RMB 2.78 billion, an increase of 13.48% compared to the end of the previous year[5] - Total assets as of September 30, 2023, are RMB 2,779,344,449.98[19] - Total assets as of September 30, 2023, were RMB 2,382.85 million, slightly up from RMB 2,350.98 million at the end of 2022[32] - Total liabilities increased to RMB 601.23 million in Q3 2023, up 136.9% from RMB 253.85 million in the same period of 2022[20] - Total liabilities as of September 30, 2023, were RMB 215.20 million, up from RMB 182.34 million at the end of 2022[32] - Owner's equity (or shareholders' equity) totaled RMB 2.18 billion in Q3 2023, a slight decrease of 0.8% from RMB 2.20 billion in the same period of 2022[21] - Accounts payable increased to RMB 285.55 million in Q3 2023, up 128.1% from RMB 125.17 million in the same period of 2022[20] - Contract liabilities decreased to RMB 9.77 million in Q3 2023, down 26.7% from RMB 13.33 million in the same period of 2022[20] - Long-term borrowings stood at RMB 38.98 million in Q3 2023, compared to zero in the same period of 2022[20] Shareholder Information - The company implemented a capital reserve to share capital conversion in June 2023, increasing total shares from 240.25 million to 312.33 million[6] - The total number of ordinary shareholders at the end of the reporting period is 20,988[13] - Jiangsu Jianfeng Investment Co., Ltd. holds 100,443,325 shares, representing 32.16% of the total shares[13] - Hong Kong Nobel Advanced Materials Co., Ltd. holds 92,407,915 shares, representing 29.59% of the total shares[13] - Jiangsu Haojing Borui Landscape Engineering Co., Ltd. holds 13,848,760 shares, representing 4.43% of the total shares[13] Research and Development - R&D expenses for the first three quarters of 2023 were RMB 40.68 million, a decrease of 19.0% compared to RMB 50.22 million in the same period of 2022[22] - R&D expenses for the third quarter of 2023 were 40.41 million yuan, a decrease from 50.22 million yuan in the same period last year[35] Government Subsidies and Non-Recurring Items - Government subsidies recognized in the current period amounted to RMB 5.62 million for Q3 2023[9] - Non-recurring gains and losses for Q3 2023 totaled RMB 1.72 million[10] Inventory and Fixed Assets - The total inventory as of September 30, 2023, is RMB 139,900,458.81[19] - The total fixed assets as of September 30, 2023, are RMB 372,409,425.30[19] - The total non-current assets as of September 30, 2023, are RMB 1,140,080,682.56[19] Revenue and Costs - Total operating costs for the first three quarters of 2023 were RMB 833.71 million, a decrease of 9.6% compared to RMB 922.61 million in the same period of 2022[22] - Operating costs for the first nine months of 2023 were RMB 751.73 million, down from RMB 826.02 million in the same period last year[34] - Sales revenue for Q3 2023 was RMB 622.51 million, compared to RMB 1,002.76 million in the same period last year[27] - Revenue for the first nine months of 2023 was RMB 865.50 million, a significant decrease from RMB 1,519.46 million in the same period last year[34] - Sales revenue from goods and services received in cash for the first three quarters of 2023 was 598.39 million yuan, a decrease from 992.63 million yuan in the same period last year[38] Interest Income - Interest income for the third quarter of 2023 was 26.93 million yuan, slightly up from 26.12 million yuan in the same period last year[35] Monetary Funds and Accounts Receivable - The total monetary funds as of September 30, 2023, are RMB 1,249,767,222.95[18] - The total accounts receivable as of September 30, 2023, are RMB 114,814,597.24[18]