大地熊(688077) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥365,125,744.75, a decrease of 24.84% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥3,656,292.86, down 86.88% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥1,083,360.98, a decline of 95.68% compared to the previous year[3]. - The basic earnings per share for Q3 2023 was ¥0.04, representing an 88.57% decrease year-on-year[3]. - The company experienced a 33.38% decline in operating revenue year-to-date, primarily due to fluctuations in rare earth material prices and a decrease in both sales volume and price[8]. - The net profit attributable to shareholders for the year-to-date was a loss of ¥34,358,856.17, reflecting a 124.36% decline compared to the same period last year[3]. - Total operating revenue for the first three quarters of 2023 was CNY 1,036,156,525.78, a decrease of 33.2% compared to CNY 1,555,350,638.68 in the same period of 2022[18]. - The net profit for the third quarter of 2023 was a loss of CNY 40,683,395.32, compared to a net profit of CNY 142,780,606.28 in the same quarter of 2022[20]. - Total operating revenue for the first three quarters of 2023 was CNY 735,254,514.89, a decrease of 38.2% compared to CNY 1,189,596,905.17 in the same period of 2022[29]. - Net profit for the first three quarters of 2023 was CNY 5,806,080.02, down 94.1% from CNY 97,957,156.45 in the first three quarters of 2022[29]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,348,938,341.21, a decrease of 16.88% from the end of the previous year[5]. - The company's total liabilities as of the third quarter of 2023 amounted to CNY 1,215,626,637.64, a decrease from CNY 1,608,969,462.14 in the previous year[19]. - The total equity attributable to shareholders of the parent company was CNY 1,101,502,249.00, down from CNY 1,178,967,785.79 in the same period last year[19]. - The company's total assets as of the third quarter of 2023 were CNY 2,348,938,341.21, down from CNY 2,826,071,241.65 in the previous year[19]. - The company's total liabilities decreased to ¥1,083,082,828.17 as of September 30, 2023, from ¥1,440,049,041.38 at the end of 2022, a reduction of 24.8%[26]. - The company's total assets decreased to CNY 1,846,356,728.18 in Q3 2023 from CNY 2,188,131,419.67 in Q3 2022, a decline of 15.6%[29]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥173,297,647.72, with a significant reduction in payment for goods contributing to this figure[9]. - In the first three quarters of 2023, the company generated operating cash flow of ¥173,297,647.72, a significant improvement from a negative cash flow of ¥-265,350,359.61 in the same period of 2022[22]. - The company reported a net cash outflow from investing activities of ¥-35,619,763.14 in the first three quarters of 2023, an improvement from ¥-64,593,377.66 in the same period of 2022[23]. - The net cash flow from investment activities was 39,511,375.02 CNY, compared to a negative cash flow of -8,209,848.98 CNY in the previous year[32]. - The net cash flow from financing activities was -162,016,855.58 CNY, contrasting with a positive cash flow of 313,094,125.81 CNY in the same period last year[32]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,129[11]. - The top shareholder, Xiong Yongfei, holds 41,469,826 shares, representing 36.67% of the total shares[12]. - The actual controllers, Xiong Yongfei and Cao Qingxiang, reduced their holdings by 1,099,974 shares and 1,130,892 shares respectively during the reporting period[12]. Research and Development - Research and development expenses for Q3 2023 totaled ¥23,764,441.76, accounting for 6.51% of operating revenue, an increase of 1.89 percentage points year-on-year[5]. - Research and development expenses for the first three quarters of 2023 were CNY 65,460,143.87, a decrease of 22.3% from CNY 84,301,331.52 in the previous year[19]. - Research and development expenses for the first three quarters of 2023 were CNY 31,456,229.43, a decrease of 29.9% compared to CNY 44,839,419.35 in the first three quarters of 2022[29]. Changes in Financial Position - The company's cash and cash equivalents decreased to ¥258,577,152.38 from ¥413,822,476.19, a decline of approximately 37.5%[14]. - Accounts receivable decreased to ¥408,138,282.11 from ¥556,508,246.87, a reduction of about 26.6%[14]. - Inventory decreased to ¥419,475,592.90 from ¥586,691,316.61, a decline of approximately 28.5%[14]. - Current liabilities decreased to ¥922,467,817.01 from ¥1,346,399,968.38, a decline of approximately 31.5%[15]. - Short-term borrowings decreased to ¥466,049,888.83 from ¥690,604,570.94, a reduction of about 32.5%[15]. - The company’s goodwill increased to ¥6,298,430.98 from ¥2,922,681.03, an increase of approximately 115.5%[15]. Other Financial Metrics - The weighted average return on net assets for Q3 2023 was 0.13%, a decrease of 2.24 percentage points compared to the previous year[5]. - Basic and diluted earnings per share for the third quarter of 2023 were both CNY -0.30, compared to CNY 1.76 in the same quarter of 2022[20]. - Deferred income as of the third quarter of 2023 was CNY 118,608,396.06, an increase from CNY 97,935,216.62 in the previous year[19]. - The company reported a total comprehensive loss of CNY 40,362,378.32 for the third quarter of 2023, compared to a comprehensive income of CNY 142,780,606.28 in the same quarter of 2022[20]. - The company recorded an investment loss of CNY 2,373,520.06 in the first three quarters of 2023, contrasting with an investment gain of CNY 6,211,581.56 in the same period of 2022[29]. - The company has adopted new accounting standards starting in 2023, which may affect the financial statements[32].