德美化工(002054) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥824,924,022.13, representing a 27.17% increase compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 54.64% to ¥15,273,929.08, while the net profit after deducting non-recurring gains and losses fell by 53.55% to ¥15,492,050.51[5]. - The company's basic earnings per share for Q3 2023 was ¥0.0317, down 54.58% year-on-year[5]. - The company reported a total profit of -¥41,440,529.70 for the year-to-date period, a decline of 126.09% compared to the previous year[10]. - Net profit for the current period was a loss of ¥55,772,797.63, compared to a profit of ¥141,170,328.53 in the previous period, indicating a substantial decline[31]. - The company reported a total comprehensive loss of ¥49,353,674.45, compared to a comprehensive income of ¥150,441,137.96 in the previous period[32]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,946,826,150.89, a decrease of 7.38% from the end of the previous year[5]. - The company's current assets totaled RMB 2,352,060,726.42, down from RMB 3,161,741,227.80 at the beginning of the year, indicating a decline of approximately 25.5%[27]. - The company's non-current liabilities totaled RMB 1,529,896,377.68, down from RMB 2,249,495,346.83 at the beginning of the year, indicating a decrease of approximately 32%[27]. - The company's total liabilities decreased to RMB 4,124,661,802.15 from RMB 4,500,000,000, reflecting a reduction of approximately 8.4%[27]. - The company's total liabilities decreased to ¥3,856,532,578.89 from ¥4,369,470,739.43, a reduction of 11.7%[28]. Cash Flow - Operating cash flow net amount for the year-to-date period was ¥42,782,224.61, reflecting a significant decline of 76.06%[5]. - Cash inflow from operating activities was ¥1,749,920,984.50, compared to ¥1,560,672,178.49 in the previous period, showing an increase of 12.1%[33]. - The net cash flow from operating activities for Q3 2023 was ¥42,782,224.61, a decrease of 76.0% compared to ¥178,678,329.58 in Q3 2022[34]. - The total cash outflow from investing activities was ¥423,128,044.40, compared to ¥497,379,187.18 in the same period last year, indicating a decrease of 14.9%[34]. - The net cash flow from financing activities was ¥174,289,925.20, slightly down by 4.7% from ¥182,990,590.96 in Q3 2022[34]. - The company reported a net cash decrease of ¥123,922,165.76 in Q3 2023, compared to a decrease of ¥92,113,760.45 in Q3 2022[34]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 19.376 million[12]. - Huang Guanhong holds 19.37% of shares, totaling 93,406,344 shares[12]. - The second largest shareholder, Chang Lianrong Investment Co., holds 8.50% with 40,968,957 shares, which are frozen[12]. - The company has a total of 1.7543 million shares held in margin trading by shareholder Fu Hou'en[12]. - The company has a total of 1.92% of shares held by China International Capital Corporation, totaling 9,260,023 shares[12]. - The company has a total of 1.84% of shares held by individual shareholder Chen Xi, totaling 8,854,700 shares[13]. Operational Changes - The company appointed Chen Qiuyou as the new general manager following Huang Guanhong's resignation[15]. - The company has implemented changes in accounting policies to better reflect its financial status and operating results[17]. - The company plans to establish a new investment fund with a scale of no less than 200 million RMB, focusing on new materials, new energy, biotechnology, and intelligent manufacturing[18]. Expenses - The company's operating costs increased by 38.72% to ¥1,843,808,648.97 due to higher revenue[10]. - Financial expenses surged by 915.86% to ¥48,634,165.17, primarily due to increased borrowing costs[10]. - Research and development expenses increased to ¥88,862,496.69, up from ¥79,384,491.28, marking an increase of 6.2%[31]. - The company paid ¥451,219,245.46 in taxes during Q3 2023, significantly higher than ¥62,118,701.26 in Q3 2022, reflecting an increase of 626.5%[34]. - The cash outflow for employee compensation was ¥280,947,175.34, up from ¥254,285,978.42, marking an increase of 10.5% year-over-year[34].