伟星新材(002372) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,508,631,818.10, a decrease of 9.19% compared to ¥1,661,217,225.24 in the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was ¥380,170,741.82, down 5.95% from ¥404,217,199.51 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥364,284,828.91, a decrease of 6.91% compared to ¥391,335,348.89 in the previous year[5] - The basic earnings per share for Q3 2023 was ¥0.24, down 4.00% from ¥0.25 in the same period last year[5] - Total operating revenue for Q3 2023 was ¥3,745,998,081.04, a decrease of 10.0% compared to ¥4,163,197,291.56 in Q3 2022[24] - Total operating costs for Q3 2023 were ¥2,876,924,468.64, down 11.4% from ¥3,247,361,577.11 in the same period last year[24] - The company reported a net investment income of ¥140,205,641.70 in Q3 2023, compared to a loss of ¥25,099,230.77 in Q3 2022[24] - Net profit for Q3 2023 reached ¥892,254,031.30, an increase of 14.6% compared to ¥778,569,986.65 in Q3 2022[25] - Operating profit for Q3 2023 was ¥1,047,927,075.88, up from ¥921,525,607.36 in the same period last year, reflecting a growth of 13.7%[25] - Total comprehensive income for Q3 2023 amounted to ¥893,335,059.54, compared to ¥773,935,836.58 in Q3 2022, indicating a year-over-year increase of 15.4%[26] - Basic and diluted earnings per share for Q3 2023 were both ¥0.55, up from ¥0.48 in Q3 2022, representing a growth of 14.6%[26] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥6,938,789,194.54, a decrease of 2.21% from the previous year[5] - The total assets as of Q3 2023 amounted to ¥6,785,228,607.60, a decrease from ¥6,938,871,347.71 at the end of Q3 2022[23] - Current liabilities totaled ¥1,320,553,279.41 in Q3 2023, slightly down from ¥1,355,211,621.00 in Q3 2022[22] - Non-current liabilities decreased to ¥80,305,675.25 in Q3 2023 from ¥133,176,880.55 in the previous year[23] - The company’s total equity as of Q3 2023 was ¥5,384,369,652.94, down from ¥5,450,482,846.16 in Q3 2022[23] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥803,332,990.52, an increase of 17.82% compared to ¥681,848,139.35 in the previous year[5] - Cash flow from operating activities for Q3 2023 was ¥803,332,990.52, an increase from ¥681,848,139.35 in Q3 2022, showing a growth of 17.8%[28] - Cash flow from investing activities for Q3 2023 was negative at -¥69,137,156.65, compared to a positive cash flow of ¥69,611,768.53 in Q3 2022[28] - Cash flow from financing activities for Q3 2023 resulted in a net outflow of -¥968,952,292.51, compared to -¥870,494,274.01 in Q3 2022[29] - The total cash and cash equivalents at the end of Q3 2023 were ¥2,728,117,542.63, an increase from ¥2,279,449,751.29 at the end of Q3 2022[29] - The company's cash and cash equivalents as of September 30, 2023, were approximately 2.95 billion yuan, down from approximately 3.18 billion yuan at the beginning of the year[20] - The net increase in cash and cash equivalents decreased by 89.67% compared to the same period last year, primarily due to the reduction in net cash flow from investing activities[13] Investments and Shareholder Information - The company reported a 70.52% decrease in receivables financing compared to the beginning of the year, primarily due to a reduction in bank acceptance bills received[10] - The company’s long-term equity investments decreased by 31.26% compared to the beginning of the year, mainly due to the recovery of investment funds from Ningbo Dongpeng Helit Equity Investment Partnership[10] - The company’s goodwill increased by ¥22,763,200, primarily due to the premium acquisition of Guangzhou Hexin Fangyuan[10] - The company acquired 60% of Zhejiang Kairui Building Technology Co., Ltd. for 80.8 million yuan in cash, completing the shareholder change procedures on September 19, 2023[18] - A wholly-owned subsidiary, Zhejiang Weixing Ecological Technology Co., Ltd., was established with a registered capital of 10 million yuan to focus on sales, installation, and services[19] - As of the end of the reporting period, the total number of ordinary shareholders was 40,148, with no preferred shareholders having restored voting rights[14] - The top ten shareholders hold significant stakes, with Weixing Group Co., Ltd. owning 37.90% (603,359,564 shares) and Linhai Huixing Group Co., Ltd. holding 14.68% (233,660,000 shares)[15] - The company’s management has committed to not reducing their shareholdings for 18 months starting from August 31, 2023[18] Inventory and Expenses - Inventory increased to ¥919,624,791.59 in Q3 2023 from ¥891,636,155.36 in Q3 2022, indicating a growth of 3.7%[21] - Research and development expenses for Q3 2023 were ¥124,610,347.24, slightly up from ¥120,616,614.32 in Q3 2022, reflecting a focus on innovation[24] Other Information - The company reported a decrease in sales revenue from goods and services received in cash, totaling ¥4,201,311,964.99 in Q3 2023, down from ¥4,512,327,632.81 in Q3 2022[27] - The company adjusted its financial statements due to the implementation of new accounting standards effective January 1, 2023, impacting deferred tax assets and retained earnings[30] - The minority shareholders' equity for the third quarter is reported at 123,360,286.97, showing a slight decrease from 123,371,474.85, with a change of 11,187.88[32] - The third quarter report has not been audited[32]