华盛锂电(688353) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥161,018,158.35, a decrease of 15.38% compared to the same period last year[4] - The net profit attributable to shareholders was ¥5,987,979.37, down 75.39% year-on-year[4] - The net profit after deducting non-recurring gains and losses was -¥4,014,122.85, a decline of 122.22% compared to the previous year[4] - The basic earnings per share for Q3 2023 was ¥0.04, a decrease of 75.83% from the same period last year[5] - Total operating revenue for the first three quarters of 2023 was CNY 397,153,239.02, a decrease from CNY 703,055,972.78 in the same period of 2022, representing a decline of approximately 43.4%[24] - Net profit for the first three quarters of 2023 was CNY 18,834,288.37, significantly lower than CNY 222,882,485.94 in the same period of 2022, reflecting a decrease of approximately 91.6%[25] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,463,313,330.50, a decrease of 1.66% from the end of the previous year[5] - The company's total liabilities as of the third quarter of 2023 amounted to CNY 613,469,402.49, slightly up from CNY 606,222,011.22 in the previous year[21] - The total equity attributable to shareholders of the parent company was CNY 3,780,336,771.35, down from CNY 3,872,013,271.95 in the same period last year, a decrease of about 2.4%[21] - The company reported cash and cash equivalents of ¥882,003,357.22 as of September 30, 2023, down from ¥2,842,240,488.83 at the end of 2022[17] - The company reported a total of 2,784,065,439.13 in current assets, down from 3,229,630,508.15 at the end of 2022[18] Cash Flow - The cash flow from operating activities was -¥114,026,950.29, reflecting a decline of 131.53% year-to-date[5] - In the first three quarters of 2023, the company's cash inflow from operating activities totaled ¥387,527,194.74, a decrease of 56.0% compared to ¥878,129,270.42 in the same period of 2022[28] - The net cash flow from operating activities was -¥114,026,950.29, contrasting with a positive cash flow of ¥361,672,126.59 in the first three quarters of 2022[29] - The company reported cash inflow from investment activities of ¥4,952,795,195.32, significantly higher than ¥44,052.00 in the previous year[29] - Cash outflow from investment activities reached ¥6,631,007,504.98, compared to ¥2,099,044,095.82 in the same period last year, resulting in a net cash flow of -¥1,678,212,309.66[29] - The total cash inflow from financing activities was ¥84,355,000.00, a sharp decline from ¥2,678,357,000.00 in the previous year[30] - The net cash flow from financing activities was -¥36,912,073.62, compared to a positive cash flow of ¥2,510,372,384.50 in the same period of 2022[30] Shareholder Information - Total number of common shareholders at the end of the reporting period was 11,974[12] - The top shareholder, Zhangjiagang Jinnonglian Industrial Co., Ltd., holds 6% of shares, totaling 23,539,518 shares[12] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of the shares[15] Research and Development - Research and development expenses totaled ¥11,847,449.29, an increase of 3.89% year-on-year, accounting for 7.36% of operating revenue[5] - Research and development expenses for the first three quarters of 2023 were CNY 34,231,343.05, compared to CNY 42,905,605.77 in 2022, showing a reduction of approximately 20.2%[24] Market Conditions - The company cited intense market competition and significant price declines as reasons for the drop in revenue and profit margins[9] Investment and Assets - The company has a significant investment in construction in progress amounting to ¥1,078,119,764.15, compared to ¥690,806,396.39 previously[19] - Accounts receivable increased to ¥191,563,381.21 from ¥158,971,557.50 year-over-year[18] - Inventory rose to ¥111,650,857.56 compared to ¥78,197,895.45 at the end of 2022, indicating a significant increase in stock levels[18] - Non-current assets totaled ¥1,679,247,891.37, up from ¥1,309,067,273.28 at the end of 2022[19] - Total assets decreased slightly to ¥4,463,313,330.50 from ¥4,538,697,781.43[19] Earnings Per Share - The basic and diluted earnings per share for the third quarter of 2023 were CNY 0.16, a significant drop from CNY 1.77 in the same quarter of 2022[26]