冀东装备(000856) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥537,260,770.26, a decrease of 33.53% compared to the same period last year[5] - The net profit attributable to shareholders was -¥230,925.88, a decline of 104.32% year-on-year, while the net profit attributable to shareholders after deducting non-recurring gains and losses was -¥4,270,870.16, down 210.05%[5] - The net profit for the year-to-date period was ¥20,885,193.95, an increase of 29.91% compared to the same period last year[10] - Total operating revenue for the period reached CNY 2,297,915,046.51, a slight increase of 0.57% compared to CNY 2,285,673,786.29 in the previous period[21] - Net profit for the period was CNY 20,885,193.95, representing a significant increase of 30.1% from CNY 16,077,128.31 in the same period last year[22] - The net profit attributable to shareholders of the parent company was CNY 19,114,343.98, compared to CNY 10,164,398.64, marking an increase of 87.7%[22] - The total comprehensive income for the period reached ¥18,392,261.08, compared to ¥14,524,636.25 in the previous period, representing an increase of approximately 26%[23] - The net profit attributable to the parent company was ¥16,621,411.11, up from ¥8,611,906.58, indicating a growth of about 93%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,108,136,008.45, a decrease of 3.82% from the end of the previous year[5] - The company's total current assets decreased from 1,859,812,449.70 CNY at the beginning of the year to 1,779,516,960.56 CNY[19] - The total assets decreased from 2,191,829,842.01 CNY to 2,108,136,008.45 CNY[19] - The total liabilities decreased to CNY 1,675,368,226.22 from CNY 1,773,544,209.21, a reduction of approximately 5.5%[22] - The total liabilities include accounts payable of 1,097,656,598.95 CNY, up from 927,847,921.94 CNY[19] Cash Flow - The cash flow from operating activities showed a net outflow of -¥71,634,414.44, a decline of 202.88% compared to the previous year[11] - Cash inflows from operating activities totaled ¥1,095,471,727.54, down from ¥1,567,140,231.74, a decrease of about 30%[24] - The net cash flow from operating activities was negative at -¥71,634,414.44, compared to a positive ¥69,627,628.39 in the previous period[24] - Cash outflows from investing activities amounted to ¥6,059,157.64, significantly lower than ¥33,936,162.10 in the prior period[24] - The net cash flow from financing activities was positive at ¥12,997,072.81, contrasting with a negative cash flow of -¥105,344,935.62 in the previous period[24] - The ending balance of cash and cash equivalents was ¥173,328,093.34, slightly up from ¥172,403,848.29 year-over-year[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 34,005[13] - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 68,099,999 shares[13] - Shareholder Lin Xianwei increased his holdings by 908,400 shares to a total of 1,136,773 shares as of September 30, 2023[14] Operational Changes - The company reported a significant increase in accounts receivable, which rose by 72.27% to ¥1,047,677,085.75, primarily due to receivables not reaching the contractually agreed payment period[10] - The company experienced a 64.30% decrease in contract liabilities, which fell to ¥132,575,394.04, mainly due to a reduction in advance payments received[10] - The company's short-term borrowings increased from 75,000,000.00 CNY to 101,165,485.79 CNY[19] - Research and development expenses rose to CNY 36,504,080.22, up 29.3% from CNY 28,212,898.19 in the previous period, indicating a focus on innovation[22] - The company completed a capital increase of 40 million CNY for its wholly-owned subsidiary in March 2023[15] - A capital increase of 60 million CNY for another wholly-owned subsidiary was approved in September 2023[16] Earnings Per Share - The company’s basic and diluted earnings per share were both -¥0.001, a decrease of 104.26% year-on-year[5] - Basic and diluted earnings per share increased to ¥0.0842 from ¥0.0448, reflecting a rise of approximately 88%[23] Other Financial Metrics - The weighted average return on net assets decreased by 1.46 percentage points to -0.06% for the current period[5] - The company reported a 419.60% increase in other income, amounting to ¥2,126,024.33, primarily due to an increase in government subsidies received[10] - Other comprehensive income after tax was reported at CNY -2,492,932.87, worsening from CNY -1,552,492.06 in the previous period[22] - The company reported a decrease in financial expenses to CNY 3,439,747.88 from CNY 4,139,397.61, a reduction of 17%[22] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22] Audit Status - The third quarter report was not audited, indicating that the figures may be subject to adjustments[25]