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中南股份(000717) - 2023 Q3 - 季度财报
ZNGFZNGF(SZ:000717)2023-10-29 16:00

Financial Performance - The company's operating revenue for Q3 2023 was ¥10,127,275,050.18, representing a 6.61% increase compared to the same period last year[5]. - The net profit attributable to shareholders was -¥108,022,567.96, an improvement of 87.72% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥114,463,348.96, showing an 87.06% increase compared to the previous year[5]. - The basic earnings per share for Q3 2023 was -0.0446, which is an 87.71% improvement from -0.3647 in the same period last year[5]. - The total profit for the first nine months of 2023 was -102,854,839.93, an improvement of 84.39% compared to -658,875,114.20 in the same period of 2022, primarily due to market conditions and operational efficiency improvements[19]. - The net profit for the current period is -104,881,627.47 CNY, compared to -659,751,857.33 CNY in the previous period, showing a significant reduction in losses[36]. - The total comprehensive income for the current period is -104,559,124.71 CNY, compared to -661,745,286.31 CNY in the previous period, indicating an improvement[36]. - The basic earnings per share for the current period is -0.0433 CNY, compared to -0.2722 CNY in the previous period, reflecting a decrease in loss per share[36]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥21,247,919,663.48, reflecting a 5.07% increase from the end of the previous year[5]. - The company’s other non-current assets increased by 63.71% to 1,516,553,373.15, mainly due to an increase in time deposits[19]. - Total liabilities rose to ¥12,269,118,287.92, compared to ¥10,998,453,141.18, indicating an increase of 11.6%[32]. - The company’s equity attributable to shareholders decreased by 2.66% to ¥8,978,801,375.56 compared to the end of the previous year[5]. - The company’s equity attributable to shareholders decreased to ¥8,978,801,375.56 from ¥9,224,440,853.67, a decline of 2.7%[32]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥1,343,800,055.35, a decrease of 3.86% compared to the same period last year[5]. - Net cash flow from operating activities for the first nine months of 2023 was 1,343,800,055.35, a decrease of 3.86% from 1,397,815,940.24 in 2022, mainly due to a reduction in operating payables[19]. - The net cash flow from operating activities is 1,343,800,055.35 CNY, slightly down from 1,397,815,940.24 CNY in the previous period[45]. - The net cash flow from investing activities improved by 27.73%, amounting to -1,253,024,056.04 in 2023 compared to -1,733,786,820.57 in 2022, driven by increased net inflow from time deposits and reduced outflow for fixed asset investments[19]. - The net cash flow from investing activities is -1,253,024,056.04 CNY, an improvement from -1,733,786,820.57 CNY in the previous period[48]. - The net cash flow from financing activities was 256,265,081.16 in 2023, a significant increase of 135.00% from -732,272,496.82 in 2022, mainly due to reduced cash payments for debt repayment and dividends[19]. - The net cash flow from financing activities is 256,265,081.16 CNY, compared to -732,272,496.82 CNY in the previous period, indicating a positive shift[48]. Operational Efficiency - The company reported a significant increase in accounts receivable, which rose by 451.58% to ¥119,359,852.08, attributed to adjustments in customer payment terms[13]. - The company received government subsidies amounting to ¥6,253,655.65 during the reporting period, contributing to its financial performance[12]. - The company reported a total of ¥6,440,781.00 in non-recurring gains and losses for the quarter, with a significant portion coming from other operating income[12]. - Other income increased by 107.13% to 31,469,040.26 in 2023, primarily due to an increase in government subsidies[19]. - The company reported a 62.00% decrease in financial expenses, totaling 16,217,237.78 in 2023, mainly due to a significant reduction in exchange losses[19]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[34]. Research and Development - Research and development expenses increased to ¥513,745,409.67, compared to ¥465,490,869.71 in the previous year, marking an increase of 10.3%[34]. Mergers and Acquisitions - The company completed the acquisition of 100% equity in Guangdong Kunlun Information Technology Co., Ltd., which is now a wholly-owned subsidiary and included in the consolidated financial statements[23]. Operating Costs - Operating costs for the same period were ¥29,844,934,644.86, up from ¥27,986,430,700.82, reflecting a rise of 6.7%[34]. - The company reported a net operating loss of ¥142,341,826.74, an improvement from a loss of ¥678,425,251.53 in the same quarter last year[34]. Current Assets - Current assets decreased to ¥4,423,040,689.75 from ¥4,641,991,983.17, a decline of 4.7%[26]. - The company’s cash and cash equivalents increased to ¥1,066,729,408.10 from ¥717,343,554.30, representing a growth of 48.7%[26]. - The ending cash and cash equivalents balance is 1,034,949,787.28 CNY, down from 1,560,960,895.06 CNY in the previous period[48]. Accounts Receivable - The company’s accounts receivable financing decreased by 35.80% to 390,097,400.13, mainly due to a reduction in accounts receivable notes[19].