超声电子(000823) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,449,240,591.39, a decrease of 13.10% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥61,738,608.91, down 49.32% year-on-year, while the net profit after deducting non-recurring gains and losses was ¥59,609,857.40, a decrease of 50.91%[5]. - The company reported a significant decrease in net profit for the first nine months of 2023, totaling ¥130,011,704.67, down 56.20% compared to the same period last year[11]. - Total operating revenue for Q3 2023 was CNY 4,072,751,910.85, a decrease of 19.5% compared to CNY 5,061,694,354.08 in the same period last year[19]. - Net profit for Q3 2023 was CNY 157,393,190.43, a decline of 57.0% compared to CNY 365,612,171.37 in Q3 2022[20]. - The company reported a comprehensive income total of CNY 171,037,717.37 for Q3 2023, down from CNY 365,745,941.24 in the same quarter last year[21]. Earnings and Shareholder Information - The basic earnings per share for Q3 2023 was ¥0.1150, down 49.32% year-on-year, while diluted earnings per share was ¥0.1164, a decrease of 46.47%[5]. - Total number of common shareholders at the end of the reporting period is 42,007[13]. - The largest shareholder, Shantou Ultrasonic Electronics (Group) Co., Ltd., holds 30.31% of shares, totaling 162,741,800 shares[13]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,529,838,521.24, a decrease of 0.65% from the end of the previous year[5]. - The company’s total liabilities decreased by 0.65% compared to the previous year, reflecting a strategic focus on reducing debt levels[5]. - Total liabilities as of Q3 2023 were CNY 3,395,980,742.95, compared to CNY 3,522,087,573.44 at the end of the previous year[18]. - Total equity increased to CNY 5,133,857,778.29 from CNY 5,063,271,897.09 year-over-year[18]. Cash Flow and Investments - The cash flow from operating activities for the year-to-date was ¥600,976,175.75, an increase of 9.29%[5]. - Cash inflow from operating activities was CNY 3,564,805,277.70, a decrease from CNY 4,304,984,829.13 in the same period last year[23]. - Net cash flow from operating activities for Q3 2023 was CNY 600,976,175.75, an increase from CNY 549,908,152.26 in Q3 2022, reflecting a growth of approximately 8.5%[24]. - Total cash outflow from investing activities was CNY 463,671,591.12, slightly higher than CNY 458,102,803.38 in the same period last year, indicating a stable investment strategy[24]. - The company recorded cash inflow from investment activities of CNY 30,224,838.87, a significant increase from CNY 7,086,568.97 in Q3 2022, indicating improved investment returns[24]. Government Subsidies and Expenses - The company received government subsidies amounting to ¥2,924,484.96 in Q3 2023, which is part of the total government subsidies of ¥7,916,713.74 for the year-to-date, an increase of 35.96%[7][10]. - The company experienced a 102.48% increase in financial expenses due to higher interest expenses and a significant reduction in exchange gains compared to the previous year[10]. - Cash paid for employee compensation in Q3 2023 was CNY 736,977,979.11, compared to CNY 747,484,514.75 in Q3 2022, showing a decrease of about 1%[24]. - Cash paid for taxes in Q3 2023 was CNY 93,394,106.97, down from CNY 136,267,023.13 in the same quarter last year, reflecting a decrease of approximately 31.4%[24]. Current Assets and Inventory - As of September 30, 2023, total current assets amount to ¥4,967,692,946.50, a decrease from ¥5,302,526,066.18 at the beginning of the year, representing a decline of approximately 6.3%[17]. - Cash and cash equivalents increased to ¥1,933,162,170.43 from ¥1,895,279,915.84, reflecting a growth of about 2.0%[16]. - Accounts receivable decreased to ¥1,578,647,618.43 from ¥1,792,156,448.26, indicating a reduction of approximately 11.9%[16]. - Inventory decreased to ¥994,735,354.68 from ¥1,088,095,372.37, showing a decline of about 8.6%[17]. - Total non-current assets increased to ¥3,562,145,574.74 from ¥3,282,833,404.35, indicating a growth of approximately 8.5%[17]. Future Outlook - The company plans to continue focusing on market expansion and new product development to drive future growth[20]. - The company has not reported any changes in the shareholding of the largest shareholder during the reporting period[14]. - The company has not undergone an audit for the Q3 2023 report, which may affect the perception of financial reliability[26].