赛特新材(688398) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥237,832,092.59, representing a year-on-year increase of 54.29%[3] - Net profit attributable to shareholders for the same period was ¥37,667,922.50, up 105.54% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥36,250,753.38, reflecting a 130.08% increase year-on-year[3] - Basic earnings per share for Q3 2023 were ¥0.32, an increase of 39.13% year-on-year[3] - Total revenue for the first three quarters of 2023 reached ¥591,691,493.30, a significant increase of 28.7% compared to ¥459,569,251.86 in the same period of 2022[17] - Operating profit for the first three quarters of 2023 was ¥93,089,870.65, up 92.4% from ¥48,428,282.99 in 2022[18] - Net profit for the first three quarters of 2023 was ¥79,196,945.55, representing a 95.5% increase from ¥40,559,934.97 in 2022[18] - Basic earnings per share for the third quarter of 2023 were ¥0.68, compared to ¥0.35 in the same quarter of 2022[19] Cash Flow and Investments - Operating cash flow for the quarter was ¥13,262,382.01, a decrease of 67.25% compared to the same period last year[3] - Cash flow from operating activities for the first three quarters of 2023 was ¥53,845,527.81, a substantial increase from ¥7,638,730.98 in 2022[22] - Total cash flow from investing activities was -$175,034,238.77, compared to -$10,474,868.12 in the previous year, indicating a significant increase in cash outflow for investments[23] - Cash flow from financing activities generated a net inflow of $476,263,396.24, a substantial improvement from the previous year's net outflow of -$27,691,072.29[23] - The net increase in cash and cash equivalents for the quarter was $355,990,578.35, contrasting with a decrease of -$25,892,651.05 in the same quarter last year[23] - Cash inflow from financing activities totaled $516,754,424.00, significantly higher than $20,537,477.77 in the prior year[23] - Cash outflow for investment activities amounted to $205,254,802.25, compared to $81,606,381.53 in the previous year, reflecting increased investment efforts[23] - Cash paid for dividends and interest was $20,455,027.76, down from $36,564,445.13 in the same quarter last year[23] Assets and Liabilities - Total assets increased by 50.52% to ¥1,754,245,909.95 compared to the end of the previous year[4] - Accounts receivable rose to ¥301,322,320.07, up from ¥199,461,526.69, indicating a year-over-year increase of about 51.1%[12] - Total current assets reached ¥1,131,493,623.76, compared to ¥625,096,755.33 at the end of 2022, marking an increase of approximately 81.1%[12] - The company's total assets amounted to ¥1,754,245,909.95, up from ¥1,165,454,432.02, reflecting a growth of about 50.5%[14] - Total liabilities increased to ¥652,597,317.68 from ¥226,146,419.83, which is an increase of approximately 189.5%[14] - The company's equity attributable to shareholders rose to ¥1,101,648,592.27 from ¥939,308,012.19, showing an increase of about 17.3%[14] - Fixed assets increased to ¥386,747,040.25 from ¥378,757,861.50, representing a growth of approximately 2.3%[13] - The company reported a significant increase in short-term borrowings, which reached ¥5,000,000.00, compared to none reported at the end of 2022[14] - The company has a long-term loan of ¥81,220,000.00, which was not present in the previous year's report[14] - The company’s retained earnings increased to ¥420,981,919.03 from ¥361,784,973.48, reflecting a growth of approximately 16.3%[14] Research and Development - Research and development expenses amounted to ¥10,592,554.31, which is 4.45% of revenue, a decrease of 0.64 percentage points year-on-year[4] - Research and development expenses increased to ¥28,007,783.18 in 2023, compared to ¥24,176,102.03 in 2022, reflecting a growth of 11.4%[17] Market Outlook - The company anticipates continued demand growth for vacuum insulation panels driven by rising energy efficiency standards in refrigerators globally[7] Other Financial Metrics - The weighted average return on equity rose to 3.78%, an increase of 1.77 percentage points from the previous year[4] - The company received tax refunds amounting to ¥19,359,336.38 in 2023, slightly up from ¥18,027,571.88 in 2022[22] - The company reported a decrease in financial expenses, with a net financial cost of -¥4,131,590.85 in 2023, compared to -¥12,637,206.61 in 2022[17] - The company received $435,534,424.00 from investment contributions, indicating strong investor confidence[23] - The company reported a cash flow impact from foreign exchange fluctuations of $915,893.07, compared to $4,634,558.38 in the previous year[23] - The company has adopted new accounting standards starting in 2023, which may affect financial reporting going forward[23]