菱电电控(688667) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥227,323,401.97, representing a year-on-year increase of 34.02%[5] - Net profit attributable to shareholders for the year-to-date period was ¥41,963,189.96, showing a decrease of 21.72% compared to the same period last year[5] - Basic earnings per share for Q3 2023 was ¥0.22, down 22.12% from the previous year[6] - Total operating revenue for the first three quarters of 2023 reached CNY 699,320,591.70, compared to CNY 530,276,188.94 in the same period of 2022, representing a year-on-year increase of approximately 32%[17] - Operating profit for Q3 2023 was CNY 41,961,613.61, down from CNY 45,320,977.21 in Q3 2022, indicating a decrease of about 7.5%[18] - Net profit for Q3 2023 was CNY 41,963,189.96, compared to CNY 53,609,545.27 in Q3 2022, reflecting a decline of approximately 21.8%[19] - Basic earnings per share for Q3 2023 were CNY 0.81, down from CNY 1.04 in Q3 2022, a decrease of about 22.1%[20] Research and Development - Total R&D investment for Q3 2023 was ¥36,251,953.95, a decrease of 31.23% year-on-year[6] - The company plans to continue focusing on R&D and product development despite the reduction in R&D spending this quarter[9] - Research and development expenses for Q3 2023 were CNY 112,632,414.55, down from CNY 138,319,662.52 in Q3 2022, reflecting a reduction of about 18.6%[18] Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥2,017,715,826.92, reflecting a 5.12% increase from the end of the previous year[6] - As of September 30, 2023, total assets amounted to CNY 2,017,715,826.92, an increase from CNY 1,919,460,402.90 at the end of 2022[16] - Current assets totaled CNY 1,520,120,405.73, a decrease from CNY 1,598,115,550.37 at the end of 2022[15] - Non-current assets increased to CNY 419,600,276.55 from CNY 399,339,997.17 at the end of 2022[15] - Total liabilities as of September 30, 2023, were CNY 435,827,003.00, up from CNY 401,003,789.21 at the end of 2022[16] - Shareholders' equity totaled CNY 1,581,888,823.92, compared to CNY 1,518,456,613.69 at the end of 2022[16] Cash Flow - Cash flow from operating activities for the first nine months of 2023 was CNY 362,456,801.18, a decrease from CNY 434,029,429.37 in the same period of 2022, representing a decline of approximately 16.5%[22] - Cash flow from investing activities for the first nine months of 2023 was CNY 187,285,471.08, compared to CNY 99,078,171.11 in the same period of 2022, indicating an increase of about 88.9%[23] - Total cash outflow from operating activities in Q3 2023 was CNY 459,693,713.00, compared to CNY 438,570,612.34 in Q3 2022, an increase of approximately 4.5%[23] - The company reported a net cash flow from financing activities of CNY -10,195,263.44 in Q3 2023, compared to CNY -24,950,500.34 in Q3 2022, indicating an improvement in cash flow management[23] - The net increase in cash and cash equivalents for Q3 2023 was $79,853,295.82, compared to $69,586,487.80 in Q3 2022, representing a year-over-year increase[24] - The beginning balance of cash and cash equivalents was $87,619,931.98, down from $114,289,255.20 in the previous year[24] - The ending balance of cash and cash equivalents for Q3 2023 was $167,473,227.80, compared to $183,875,743.00 in Q3 2022, indicating a decrease[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 3,797[10] - The top shareholder, Wang Heping, holds 25.86% of the shares, totaling 13,397,369 shares[11] Sales and Revenue - The company experienced significant growth in dual-fuel EMS system sales due to a drop in natural gas prices, contributing to the revenue increase[9] - Total revenue from sales of goods and services for the first nine months of 2023 was CNY 326,377,890.85, down from CNY 416,274,702.09 in the same period of 2022, a decrease of approximately 21.6%[22]