福晶科技(002222) - 2023 Q3 - 季度财报

Financial Performance - The net profit for the third quarter of 2023 was CNY 173,182,928.28, a decrease from CNY 198,521,095.36 in the same period last year[11] - Total operating revenue for the current period is $595.75 million, a decrease of 1.89% from $605.90 million in the previous period[20] - Net profit for the current period is $173.18 million, down 12.74% from $198.52 million in the previous period[20] - The net profit attributable to shareholders was ¥53,375,920.68, down 21.55% year-over-year[27] - The company reported a decrease of 12.47% in net profit attributable to shareholders for the year-to-date[27] - Earnings per share (EPS) decreased to $0.3828 from $0.4373, reflecting a decline of 12.5%[21] - The basic earnings per share for the quarter was ¥0.1249, a decrease of 21.50% year-over-year[27] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 125,003,465.79, down 36.10% compared to CNY 195,619,719.15 in the previous year[5] - Cash flow from operating activities was $567.49 million, compared to $587.55 million in the previous period, indicating a decrease of 3.03%[21] - The net cash flow from operating activities for the year-to-date was ¥125,003,465.79, reflecting a decline of 36.10%[27] - Cash and cash equivalents decreased by CNY 95,602,472.79, a decline of 282.75% compared to an increase of CNY 52,313,637.67 in the previous year[5] - The cash and cash equivalents at the end of the period were ¥318,631,829.32, down from ¥342,425,203.92 at the end of the previous year[24] - Cash and cash equivalents decreased to ¥319,631,829.32 from ¥416,928,658.85[53] Assets and Liabilities - The total assets increased to CNY 1,682,679,896.65, up from CNY 1,584,640,330.32 at the beginning of the year[18] - The total liabilities increased to $193.03 million, up 22.49% from $157.56 million in the previous period[20] - The total liabilities increased, with accounts payable rising to CNY 61,114,234.79 from CNY 53,996,221.86[18] - Accounts receivable increased by 31.37% to ¥282,317,978.87 from ¥214,908,100.76, primarily due to extended payment terms for domestic receivables[50] - Prepayments rose by 37.17% to ¥19,564,629.58 from ¥14,263,215.25, mainly due to increased advance payments for material procurement[50] - Other current assets surged by 200.38% to ¥11,487,473.83 from ¥3,824,251.01, mainly due to the increase in input tax credits from the newly established subsidiary[50] - Long-term deferred expenses increased by 166.06% to ¥28,701,163.68 from ¥10,787,512.28, primarily due to the capitalization of renovation costs for leased properties[50] - Contract liabilities rose by 41.61% to ¥5,529,441.81 from ¥3,904,811.00, mainly due to increased sales contract prepayments[50] - The company reported a significant increase in other payables by 443.26% to ¥28,350,430.93 from ¥5,218,581.14, mainly due to newly accrued dividends payable to shareholders[50] - The company has reclassified long-term borrowings of ¥2,532,776.40 as current liabilities due to their maturity within one year[50] Investments and Expenses - Investment income decreased by 74.08% to CNY 1,015,128.78, primarily due to reduced profits from affiliated enterprises[5] - The company’s fixed asset investment increased by 59.35% to CNY 131,459,997.55, reflecting higher equipment procurement and project payments[5] - Research and development expenses rose to $54.50 million, an increase of 3.70% from $52.55 million in the previous period[20] - The company reported a financial expense reduction, with net financial costs decreasing from $16.52 million to $4.83 million[20] - Deferred income tax liabilities decreased to $4.55 million from $5.72 million, a reduction of 20.66%[20] Government Support and Shareholder Actions - The company received government subsidies amounting to CNY 403,157.98 during the reporting period, a significant decrease from CNY 7,399,212.94 year-to-date[4] - The company introduced an employee stock ownership plan through capital increase in its subsidiary, Fujian Zhqi Guangzi Technology Co., Ltd.[7] - The company plans to introduce Shenzhen Yuan Zhi Xing Huo Private Equity Investment Fund as a new shareholder through a capital increase in its subsidiary, Fujian Zhi Qi Guang Zi Technology Co., Ltd.[52]