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华兴源创(688001) - 2023 Q3 - 季度财报
688001HYC(688001)2023-10-30 16:00

Financial Performance - The company's operating revenue for Q3 2023 was ¥451,212,454.83, representing a decrease of 20.35% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was ¥60,389,067.73, down 54.69% year-over-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥59,898,157.36, a decrease of 52.83% compared to the previous year[4]. - The net profit for the third quarter of 2023 was CNY 190,866,647.79, a decrease of 37.3% compared to CNY 304,762,898.19 in the same period of 2022[34]. - Total revenue for the third quarter was CNY 203,088,453.86, down from CNY 304,271,525.07 year-over-year[34]. - The company reported a net profit attributable to shareholders of ¥191,692,543.70 for the first three quarters of 2023, compared to ¥307,448,665.43 in the same period of 2022[49]. Earnings and Shares - The basic earnings per share for Q3 2023 was -¥0.56, a decrease of 56.67% compared to the same period last year[11]. - The diluted earnings per share for Q3 2023 was -¥0.55, primarily due to the decline in net profit[11]. - Basic earnings per share for the first three quarters of 2023 were ¥0.43, down from ¥0.69 in the same period of 2022[49]. Assets and Liabilities - The total assets as of the end of Q3 2023 were ¥5,464,324,381.96, a decrease of 1.49% from the end of the previous year[19]. - The total assets decreased to CNY 1,087,414,753.96 from CNY 1,475,114,192.40 year-over-year[43]. - The total liabilities decreased from ¥1,747,390,020.38 in 2022 to ¥1,578,098,076.01 in 2023, a reduction of approximately 10%[50]. - The total equity attributable to shareholders increased to ¥3,886,226,305.95 in 2023 from ¥3,799,730,713.03 in 2022, reflecting a growth of about 2.3%[47]. Cash Flow - The cash flow from operating activities for the year-to-date period was ¥25,675,604.66, reflecting an increase due to tax refunds and reduced procurement costs[11]. - Net cash flow from operating activities for the first three quarters of 2023 was ¥25,675,604.66, an increase from ¥15,695,275.15 in the same period of 2022[51]. - The company reported a net cash outflow from investing activities of CNY 296,403,916.26, compared to a net inflow of CNY 100,262,907.66 in the previous year[38]. - The cash flow from financing activities showed a net outflow of CNY 74,065,446.91, compared to a net outflow of CNY 109,571,490.83 in the same quarter last year[38]. Research and Development - The company's R&D investment for Q3 2023 was ¥85,767,881.83, down 15.94% year-over-year, accounting for 19.01% of operating revenue, an increase of 1.00 percentage points[19]. - Research and development expenses for the first three quarters of 2023 were ¥275,818,027.81, slightly down from ¥276,670,013.42 in 2022[50]. Other Financial Metrics - The weighted average return on equity for Q3 2023 was 1.52%, a decrease of 2.01 percentage points year-over-year[19]. - The company incurred interest expenses of CNY 29,853,302.10, while interest income was CNY 18,370,661.30, resulting in a net interest expense of CNY 11,482,640.80[34]. - The total comprehensive income for the period was CNY 191,692,543.70, reflecting a decrease from CNY 307,448,665.43 in the same quarter last year[34]. - The company reported a significant increase in other income, totaling CNY 17,557,820.67, compared to CNY 15,693,337.14 in the previous year[34]. Changes in Financial Position - The company experienced a significant decrease in trading financial assets by 69.20% due to the maturity of structured deposits[22]. - The company’s long-term equity investments decreased by 73.05% primarily due to the transfer of equity in Suzhou Xishi Technology Co., Ltd.[22]. - The company’s fixed assets increased by 88.11% mainly due to asset purchases[22]. - The company’s inventory increased to 616,583,734.42, up from 525,739,811.90, reflecting higher stock levels[29]. - The company’s total non-current assets rose to 2,305,771,286.12, compared to 2,005,028,771.65 previously[29]. - The company’s contract liabilities increased by 71.65%, indicating a rise in advance payments received[22]. Accounting Changes - The company will implement new accounting standards starting in 2023, affecting the financial statements from the beginning of the year[53].