佛塑科技(000973) - 2023 Q3 - 季度财报

Financial Performance - Q3 2023 revenue was CNY 678,362,739.56, a decrease of 0.33% year-on-year[4] - Net profit attributable to shareholders increased by 397.48% to CNY 149,388,008.85 in Q3 2023[4] - Basic earnings per share rose by 396.46% to CNY 0.1544 in Q3 2023[4] - Total revenue for the period was RMB 1,916,459,713.39, down from RMB 1,947,356,406.62 in the previous period, reflecting a decrease of approximately 1.99% [22] - The company reported a net profit of RMB 147,029,865.78 for the period, an increase compared to RMB 92,566.96 in the previous period [22] - The net profit for Q3 2023 was CNY 221,714,324.11, a significant increase of 66.1% compared to CNY 133,455,373.16 in Q3 2022[24] - The total operating profit for Q3 2023 was CNY 227,747,732.85, up from CNY 140,835,087.25 in Q3 2022, indicating a growth of 61.5%[24] - The company reported a total comprehensive income of CNY 231,047,524.80 for Q3 2023, up from CNY 133,483,898.34 in Q3 2022, marking an increase of 73.1%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,527,711,692.53, a decrease of 0.23% from the end of the previous year[4] - As of September 30, 2023, total assets amounted to RMB 4,527,711,692.53, a slight decrease from RMB 4,538,207,017.14 at the beginning of the year [20] - The company's total liabilities decreased from RMB 1,277,341,349.79 at the beginning of the year to RMB 1,097,641,506.95 as of September 30, 2023 [21] - The company’s total equity increased from RMB 3,260,865,667.35 at the beginning of the year to RMB 3,430,070,185.58 as of September 30, 2023 [21] Cash Flow - Cash flow from operating activities for the year-to-date period increased by 25.24% to CNY 88,259,344.08[4] - The cash flow from operating activities showed a net increase of CNY 88,259,344.08, compared to CNY 70,470,919.04 in Q3 2022, reflecting a growth of 25.3%[25] - The company experienced a net cash outflow from financing activities of CNY 288,254,634.15, compared to a net inflow of CNY 124,396,964.99 in Q3 2022[26] - The total operating cash outflow was CNY 1,993,746,766.36, slightly down from CNY 2,008,056,517.83 in Q3 2022[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 66,804[12] - The largest shareholder, Guangdong Guangxin Holdings Group Co., Ltd., holds 26.75% of the shares, totaling 258,760,512 shares[12] Investments and Projects - The company is investing CNY 498.8844 million in the third phase of the polarizer film project to enhance production capacity and R&D capabilities[14] - A new factory and supporting projects are being constructed to support the polarizer film phase three project, funded by the company's own funds and bank loans[15] - The company is investing CNY 232.9903 million in the upgrade and expansion project for high-performance composite barrier materials to strengthen its market position[18] - The company established a project company for the development of liquid crystal coating film, with a registered capital of RMB 40 million, where Guangdong Guangxin Innovation Research Institute contributed RMB 20 million (50%) and 佛塑科技 contributed RMB 5 million (12.5%) [19] Compensation and Income - Non-operating income for the year-to-date period was CNY 175,565,701.71, primarily from land compensation gains[6] - The company received a total of CNY 314,477,286.46 in compensation for land and property expropriation, with the first phase compensation of CNY 94,343,185.94 received on July 24, 2023[16] - The second phase compensation of CNY 220,134,100.52 was received on August 17, 2023, completing the compensation agreement[16] Inventory and Cash Management - The company’s cash and cash equivalents decreased from RMB 969,482,680.09 at the beginning of the year to RMB 746,680,910.48 as of September 30, 2023 [20] - The company’s inventory decreased from RMB 520,672,044.94 at the beginning of the year to RMB 500,593,771.98 as of September 30, 2023 [20] - The company’s long-term investments slightly decreased from RMB 741,237,431.07 at the beginning of the year to RMB 732,686,265.79 as of September 30, 2023 [20]