鲁阳节能(002088) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 821,947,305.70, a decrease of 9.26% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 142,898,203.86, down 2.88% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 141,618,029.30, a decrease of 1.86%[5]. - The basic earnings per share for Q3 2023 was CNY 0.2822, reflecting a decline of 3.09% compared to the previous year[5]. - Net profit for Q3 2023 was CNY 390,383,598.60, a decline of 16.1% from CNY 465,434,437.04 in Q3 2022[25]. - Basic earnings per share for Q3 2023 were CNY 0.7710, down from CNY 0.9235 in the previous year[27]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,712,083,400.71, a decrease of 10.81% from the end of the previous year[5]. - Total assets as of Q3 2023 amounted to CNY 3,712,083,400.71, compared to CNY 4,162,224,490.72 at the end of Q3 2022[23]. - Total liabilities decreased to CNY 883,582,099.24 in Q3 2023 from CNY 1,139,861,964.43 in Q3 2022, reflecting a reduction of 22.5%[22]. - The company’s total equity attributable to shareholders decreased by 6.41% to CNY 2,828,501,301.47 compared to the end of the previous year[5]. Cash Flow - Cash flow from operating activities decreased by 25.08% to CNY 234,868,732.66 compared to the same period last year[5]. - The net cash flow from operating activities for the current period is ¥234,868,732.66, a decrease of 25.1% compared to ¥313,501,443.11 in the previous period[29]. - Total cash inflow from operating activities is ¥2,427,473,561.01, slightly up from ¥2,419,321,731.55, indicating a growth of 0.3%[29]. - Cash outflow from operating activities increased to ¥2,192,604,828.35 from ¥2,105,820,288.44, representing an increase of 4.1%[29]. - The net cash flow from investment activities is -¥139,135,712.63, worsening from -¥69,466,404.60 in the previous period[30]. - Cash inflow from investment activities totaled ¥105,825,876.52, compared to ¥414,150.07 in the previous period, showing a significant increase[30]. - Cash outflow from investment activities rose to ¥244,961,589.15 from ¥69,880,554.67, indicating a substantial increase[30]. - The net cash flow from financing activities is -¥408,395,736.23, compared to -¥363,739,533.19 in the previous period, reflecting a decline[30]. - The ending balance of cash and cash equivalents is ¥644,510,270.99, slightly up from ¥626,608,702.77 in the previous period[30]. Income and Expenses - The company reported a 42.63% increase in financial expenses year-on-year, primarily due to a decrease in exchange gains[11]. - Other income decreased by 40.88% year-on-year, mainly due to a reduction in VAT refunds recognized during the reporting period[11]. - The company experienced a 75.36% decrease in credit impairment losses compared to the previous year, attributed to a reduction in the reversal of impairment provisions for receivables[11]. - The company reported a decrease of 43.01% in non-operating income year-on-year, primarily due to a reduction in government subsidies received during the reporting period[12]. - Research and development expenses for Q3 2023 were CNY 88,261,215.50, down from CNY 96,408,043.13 in Q3 2022, indicating a focus on cost management[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,262[16]. - The largest shareholder, Qinaijun Fiber Asia Pacific Holdings Limited, holds 53.00% of the shares, totaling 268,356,270 shares[16]. Investment Activities - Cash received from the disposal of fixed assets, intangible assets, and other long-term assets increased by 411,726.45 yuan, a year-on-year growth of 99.41%[13]. - Cash received from the disposal of subsidiaries and other business units increased by 105,000,000.00 yuan, a year-on-year growth of 100.00%[13]. - Total cash inflow from investment activities increased by 105,411,726.45 yuan, a year-on-year growth of 25,452.54%[13]. - Cash outflow from investment activities increased by 175,081,034.48 yuan, a year-on-year growth of 250.54%[13]. - Cash received from borrowings decreased by 2,234,106.18 yuan, a year-on-year decline of 74.15%[13]. Future Outlook - The company is exploring market expansion opportunities and new product development to enhance future growth prospects[26]. - The company plans to continue optimizing its asset structure and reducing liabilities to improve financial stability[22].