方邦股份(688020) - 2023 Q3 - 季度财报

Financial Performance - In Q3 2023, the company achieved operating revenue of CNY 97,599,469, representing a year-on-year increase of 43.24%[5] - The net profit attributable to shareholders was a loss of CNY 8,852,289.56, showing a year-on-year improvement of 59.30%[5] - The basic earnings per share for the period was -0.11, with a year-on-year increase of 59.26%[6] - The company reported a net profit attributable to shareholders of -52.456 million yuan for the first three quarters of 2023, showing a slight improvement in losses year-on-year[12] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -64.5337 million yuan, a slight decrease compared to the previous year[12] - Net profit for the third quarter of 2023 was a loss of ¥49,560,439.12, slightly improved from a loss of ¥51,563,761.12 in the same quarter of 2022[24] - The total comprehensive income attributable to the parent company for Q3 2023 was -52,456,029.31 RMB, compared to -53,884,720.25 RMB in Q3 2022, indicating a slight improvement[25] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -CNY 11,193,217.91 for the year-to-date, a decline of 118.28% compared to the previous year[6] - The net cash flow from operating activities for the first three quarters of 2023 was -11,193,217.91 RMB, a significant decline from 61,224,785.06 RMB in the same period of 2022[28] - Cash inflow from operating activities totaled 268,224,391.69 RMB in Q3 2023, down 20.7% from 338,320,940.47 RMB in Q3 2022[28] - The net cash flow from investing activities for the first three quarters of 2023 was -182,101,159.01 RMB, worsening from -61,207,343.65 RMB in the same period of 2022[28] - Cash and cash equivalents at the end of Q3 2023 stood at 316,379,739.71 RMB, down from 393,832,141.06 RMB at the end of Q3 2022[29] - The company received 4,997,932.00 RMB from investment activities in Q3 2023, compared to 6,171,860.00 RMB in Q3 2022, reflecting a decrease of 17.0%[29] - The net cash flow from financing activities for Q3 2023 was 47,853,978.86 RMB, a significant increase from 7,742,099.21 RMB in Q3 2022[29] - The company reported a decrease in cash received from tax refunds, totaling 3,391,181.29 RMB in Q3 2023, compared to 55,373,844.30 RMB in Q3 2022, a decline of 93.9%[28] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,937,384,293.87, reflecting a decrease of 1.55% from the previous year-end[6] - The company's total assets as of the end of Q3 2023 amounted to ¥1,937,384,293.87, a decrease from ¥1,967,930,907.96 at the end of Q3 2022[20] - Current liabilities totaled ¥333,786,877.10, showing a slight increase from ¥332,284,546.60 in the previous year[20] - The total liabilities of the company as of Q3 2023 were ¥419,328,344.17, compared to ¥407,724,546.60 in the same period of 2022, reflecting a year-over-year increase of 2.95%[20] - Shareholders' equity attributable to the parent company was CNY 1,501,344,867.89, down 2.77% from the previous year-end[6] - The company's equity attributable to shareholders decreased to ¥1,501,344,867.89 from ¥1,544,140,869.74, indicating a decline of 2.77% year-over-year[20] Research and Development - Research and development expenses totaled CNY 15,855,295.73, accounting for 16.25% of operating revenue, a decrease of 7.47 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 were ¥45,080,015.48, down from ¥56,057,003.36 in the same period of 2022, representing a decrease of 19.58%[23] - Progress was made in the development of new products, including customer certification for peelable copper foil, leading to small sample orders[11] Sales and Market Performance - The sales volume of shielding films saw significant growth both year-on-year and quarter-on-quarter, particularly in high-end products like the USB series[11] - Sales of the company's shielding film decreased year-on-year due to the impact of the consumer electronics industry, but sales of high-end products (USB series) significantly increased, stabilizing the shielding film profits[12] - The copper foil business incurred a loss of 64.33 million yuan during the reporting period, but the overall loss situation showed some improvement year-on-year due to various measures taken by the company[12]