Revenue and Profitability - Revenue for Q3 2023 reached ¥262,782,778.04, an increase of 10.56% compared to the same period last year[5] - Net profit attributable to shareholders was ¥11,796,474.60, a significant recovery from a loss of ¥4,018,649.28 in the previous year[5] - Basic and diluted earnings per share for the quarter were both ¥0.16, compared to a loss of ¥0.06 per share in the same period last year[5] - Total operating revenue for the third quarter of 2023 reached ¥676,595,106.55, an increase from ¥625,971,757.10 in the previous period[21] - The net profit for the third quarter was a loss of ¥4,835,409.06, compared to a profit of ¥5,189,353.41 in the same period last year[23] - The total comprehensive income for the third quarter was -4,835,409.06 CNY, compared to 5,189,353.41 CNY in the same period last year[24] - Basic and diluted earnings per share were both -0.06 CNY, down from 0.07 CNY in the previous year[24] Assets and Liabilities - Total assets increased by 7.28% to ¥1,509,908,153.14 compared to the end of the previous year[5] - The company's total assets as of September 30, 2023, were ¥1,509,908,153.14, an increase from ¥1,407,467,693.05 at the beginning of the year[20] - Current assets totaled ¥752,830,598.99, down from ¥822,203,414.57 at the start of the year, with cash and cash equivalents decreasing to ¥76,482,922.85 from ¥84,700,654.46[18] - Inventory levels increased to ¥246,730,272.23 from ¥194,306,627.69, indicating a rise in stock[18] - The company reported a significant increase in other receivables, which rose to ¥9,283,166.76 from ¥7,780,053.53[18] - The total liabilities increased to ¥625,796,444.92 from ¥529,248,511.26, indicating a rise in financial obligations[19] - The company’s equity attributable to shareholders decreased slightly to ¥873,971,738.79 from ¥878,219,181.79[20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥42,901,731.30, reflecting a 1.64% increase[5] - Cash received from operating activities increased by 109.05%, reaching 45,703,941.01 compared to 21,862,556.16 in the previous year[10] - Cash inflow from operating activities was 825,903,893.80 CNY, an increase from 727,088,623.96 CNY year-over-year[26] - Net cash flow from operating activities was 42,901,731.30 CNY, slightly up from 42,210,784.65 CNY in the previous year[27] - Cash inflow from investment activities totaled 601,054,911.00 CNY, compared to 561,626,205.00 CNY last year[27] - Net cash flow from investment activities was -138,118,573.40 CNY, worsening from -78,883,332.11 CNY year-over-year[27] - Cash inflow from financing activities was 311,700,000.00 CNY, significantly higher than 139,400,000.00 CNY in the previous year[27] - Net cash flow from financing activities improved to 86,163,096.03 CNY from -19,509,995.40 CNY last year[27] - The ending cash and cash equivalents balance was 72,615,320.19 CNY, up from 48,112,352.70 CNY in the previous year[28] Financial Expenses and Investments - Financial expenses surged by 935.55% to ¥9,836,668.71 due to increased bank borrowings and interest expenses[9] - The company reported a significant increase in short-term borrowings, which rose by 56.55% to ¥249,189,083.33[8] - The company’s investment income turned negative at -¥559,377.29, down from ¥3,656,811.39 in the previous year[9] - The company recognized a deferred tax liability increase of 1678.88% to ¥3,943,555.90, attributed to the valuation of a non-controlling subsidiary[8] - The company invested 521,121,233.30 in cash for investments, a decrease of 5.59% from 552,000,000.00 in the previous period[10] - The company plans to invest up to 70 million in acquiring equity from Taojiang Jiyue and Fujian Sanhe, with ongoing asset evaluation[15] Operational Developments - The company is advancing a bamboo processing project in Jiangxi, set to commence operations by the end of October 2023[15] - The company reported a significant increase in operating expenses, totaling 91,771.88, up 54.87% compared to the previous period[10] - The income tax expense decreased to -582,701.33 due to a decline in operating profit year-on-year[10]
双枪科技(001211) - 2023 Q3 - 季度财报