盛新锂能(002240) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,870,400,212.71, representing a decrease of 37.77% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥483,378,745.55, down 63.68% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥11,751,406.00, a decline of 99.12% compared to the previous year[3]. - Basic earnings per share for Q3 2023 were ¥0.53, down 66.03% year-on-year[3]. - Total operating revenue for Q3 2023 was ¥6,628,491,352.32, a decrease of 18.54% compared to ¥8,138,520,570.14 in the same period last year[12]. - Total operating costs for Q3 2023 were ¥6,018,645,476.85, significantly higher than ¥2,867,506,955.86 in Q3 2022, indicating a year-over-year increase of 109.06%[12]. - The net profit for Q3 2023 was approximately ¥1.12 billion, a significant decrease of 74.6% compared to ¥4.41 billion in Q3 2022[13]. - Operating income for Q3 2023 was approximately ¥1.25 billion, down 76.1% from ¥5.23 billion in the same period last year[13]. - Total comprehensive income for Q3 2023 reached approximately ¥1.20 billion, compared to ¥4.40 billion in Q3 2022, reflecting a decline of 72.7%[14]. - Basic and diluted earnings per share for Q3 2023 were both ¥1.20, down from ¥5.09 in Q3 2022[14]. Cash Flow and Liquidity - The operating cash flow for the year-to-date period decreased by 51.12% to ¥950,210,391.46[3]. - Cash flow from operating activities for Q3 2023 was approximately ¥950.21 million, a decrease of 51.1% from ¥1.94 billion in Q3 2022[15]. - The company's cash and cash equivalents as of September 30, 2023, amount to approximately CNY 4.59 billion, down from CNY 6.58 billion at the beginning of the year[10]. - The cash outflow related to other investment activities was 16,615,268,493.38, compared to 9,573,696,722.08 in the previous year, reflecting higher investment expenditures[16]. - The net cash flow from investing activities was -4,055,176,328.11, compared to -2,510,205,856.30 in the previous year, indicating a significant increase in cash outflow[16]. - Total cash inflow from financing activities reached 4,640,323,282.95, up from 2,645,693,506.67 in the same period last year, reflecting a strong financing effort[16]. - The net cash flow from financing activities was 1,834,290,750.93, slightly up from 1,788,980,986.22 year-over-year, showing stable financing performance[16]. - Cash and cash equivalents at the end of the period totaled 3,319,782,870.75, compared to 2,155,263,834.57 at the end of the previous year, indicating a year-over-year increase[16]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥21,731,243,138.36, an increase of 17.91% from the end of the previous year[3]. - Non-current assets totaled ¥10,931,515,079.39, up from ¥6,444,874,273.17, reflecting a growth of 69.00% year-over-year[11]. - Total liabilities increased to ¥7,988,572,174.18 from ¥5,432,484,931.48, representing a rise of 47.00% compared to the previous year[12]. - Long-term borrowings amounted to ¥1,450,078,446.13, an increase from ¥1,159,263,893.97, indicating a growth of 25.06%[12]. - The equity attributable to shareholders increased by 5.16% to ¥13,382,765,664.69 compared to the end of the previous year[3]. - The equity attributable to shareholders of the parent company rose to ¥13,382,765,664.69 from ¥12,725,808,143.14, reflecting an increase of 5.16%[12]. - Accounts receivable decreased to CNY 699.06 million from CNY 1.19 billion at the beginning of the year, indicating a reduction of approximately 41.5%[10]. - Total current assets decreased to CNY 10.80 billion from CNY 11.99 billion at the beginning of the year, reflecting a decline of approximately 9.9%[10]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 150,177, with the top 10 shareholders holding a combined 28.04% of shares[8]. - Shenzhen Shengtun Group Co., Ltd. holds 9.65% of shares, while Shenzhen Shengtun Huize Trading Co., Ltd. holds 5.89%[8]. - The top 10 shareholders include both state-owned and private entities, indicating a diverse ownership structure[8]. - The company has a pledge of 72,532,878 shares by Shenzhen Shengtun Group Co., Ltd.[8]. Market and Investment Activities - The company reported a significant decline in lithium product prices due to a slowdown in demand in the lithium battery industry[6]. - The company confirmed an investment income of CNY 538 million from the repayment of debts related to Chengdu Xingneng New Materials Co., Ltd.[9]. - The company has plans for market expansion and new product development, focusing on enhancing its competitive edge in the lithium industry[12]. - Research and development expenses for Q3 2023 were approximately ¥5.03 million, a decrease of 65.2% compared to ¥14.45 million in Q3 2022[13]. - Financial expenses for Q3 2023 were approximately ¥25.31 million, compared to a financial income of ¥84.99 million in Q3 2022[13]. - The company reported investment income of approximately ¥582.20 million in Q3 2023, a significant turnaround from a loss of ¥8.29 million in Q3 2022[13]. - The total tax expenses for Q3 2023 were approximately ¥117.44 million, down 85.6% from ¥817.32 million in Q3 2022[13].