万泽股份(000534) - 2023 Q3 - 季度财报

Revenue and Profit - Revenue for Q3 2023 reached ¥251,540,325.28, an increase of 21.70% year-over-year, and total revenue for the year-to-date is ¥727,106,241.96, up 25.08% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥35,305,161.27, a significant increase of 67.78% year-over-year, with a year-to-date net profit of ¥122,425,288.34, up 28.08%[5]. - The net profit excluding non-recurring items for Q3 2023 was ¥31,468,559.49, reflecting a 96.72% increase year-over-year, while the year-to-date figure stands at ¥108,312,902.87, up 38.85%[5]. - Total operating revenue for Q3 2023 reached ¥727,106,241.96, a 25.2% increase from ¥581,328,333.12 in the same period last year[37]. - Operating profit for the period was ¥166,269,961.80, up 30.7% from ¥127,179,609.50 year-over-year[39]. - Net profit attributable to shareholders was ¥122,425,288.34, representing a 28.2% increase compared to ¥95,584,195.05 in the previous year[40]. - Basic earnings per share increased to ¥0.2421 from ¥0.1922, reflecting a growth of 26.0%[40]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥2,790,248,464.42, representing a 14.60% increase from the end of the previous year[5]. - The total liabilities increased to CNY 1,521,783,778.90 from CNY 1,195,966,986.64, representing a rise of approximately 27.2%[35]. - The company's short-term borrowings rose significantly to CNY 307,522,534.95 from CNY 195,003,142.47, marking an increase of about 57.7%[33]. - The long-term borrowings increased to CNY 565,381,423.61 from CNY 428,742,714.26, representing a rise of approximately 32.0%[34]. - The total equity of the company as of September 30, 2023, was CNY 1,268,464,685.52, compared to CNY 1,238,837,904.84 at the beginning of the year, showing a growth of approximately 2.4%[35]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥19,843,010.50 year-to-date, a decrease of 191.89% compared to the previous year[5]. - Cash flow from operating activities showed a net outflow of ¥19,843,010.50, contrasting with a net inflow of ¥21,593,345.37 in the same period last year[42]. - Cash flow from investing activities resulted in a net outflow of ¥224,356,631.32, compared to a net outflow of ¥293,521,368.04 in the previous year[44]. - Cash flow from financing activities generated a net inflow of ¥131,060,643.42, an increase from ¥114,130,554.11 year-over-year[44]. Inventory and Expenses - Inventory increased by 56.30% year-to-date, primarily due to increased orders in the high-temperature alloy business[12]. - The company reported a 42.26% increase in operating costs year-over-year, driven by higher sales volumes[23]. - Research and development expenses rose by 81.66% year-to-date, indicating a significant increase in investment in R&D activities[15]. - The company reported a significant increase in research and development expenses, totaling ¥56,115,098.31, up from ¥45,627,246.42 in the previous year, indicating a focus on innovation[37]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,924, with the largest shareholder, Wanze Group Co., Ltd., holding 28.62% of the shares[29]. Accounting and Tax Adjustments - The company implemented the new accounting standards starting January 1, 2023, resulting in adjustments to deferred tax assets and liabilities[45]. - Deferred tax assets increased from 10,372,812.02 to 10,528,358.44 as of January 1, 2022, reflecting an adjustment of 155,546.42[45]. - Deferred tax liabilities rose from 14,437,346.17 to 16,990,197.77 as of January 1, 2022, with a cumulative impact of 2,552,851.60[45]. - Unappropriated profits decreased from 573,577,248.80 to 571,700,988.74 due to adjustments[45]. - The company's income tax expense for the year 2022 was adjusted from 28,466,705.27 to 27,412,126.43, reflecting a cumulative impact of -1,054,578.84[45]. Other Information - The third quarter report has not been audited[46]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39].