新亚制程(002388) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥575,156,014.75, representing a 28.10% increase year-over-year[5] - The net profit attributable to shareholders was -¥28,119,534.06, a decrease of 624.85% compared to the same period last year[5] - The basic earnings per share (EPS) was -¥0.0558, down 663.64% year-over-year[5] - Total operating revenue for Q3 2023 reached ¥1,588,133,909.69, an increase of 21.3% compared to ¥1,309,644,718.48 in the same period last year[32] - The net profit for Q3 2023 was a loss of ¥32,361,725.34, compared to a profit of ¥28,720,790.96 in Q3 2022, indicating a significant decline in profitability[33] - The company's gross profit margin decreased, with operating profit showing a loss of ¥15,748,939.15 compared to a profit of ¥47,583,240.50 in the previous year[32][33] - Basic and diluted earnings per share for Q3 2023 were both -0.0194, compared to 0.056 in the same period last year[33] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,420,101,299.44, an increase of 34.56% from the end of the previous year[5] - The total liabilities as of Q3 2023 amounted to ¥1,617,747,904.22, compared to ¥1,076,892,316.64 in the previous year, reflecting a growth of 50.4%[32] - The total equity attributable to shareholders of the parent company decreased to ¥1,441,802,245.02 from ¥1,450,670,748.17, a decline of 0.6%[32] - The total assets as of Q3 2023 were ¥3,420,101,299.44, compared to ¥2,541,687,203.72 in the previous year, indicating a growth of 34.5%[32] Cash Flow - Cash flow from operating activities showed a net outflow of -¥158,247,842.98, an increase of 50.05% compared to the previous year[5] - Cash flow from investing activities net outflow increased by 53.85% to ¥355,496,224.25, primarily due to asset acquisitions[10] - Cash flow from financing activities decreased by 67.64% to ¥117,531,524.06, mainly due to increased repayments of bank loans[10] - The net increase in cash and cash equivalents was a negative ¥397,546,282.33, reflecting significant cash outflows for asset acquisitions[10] - Operating cash inflow for the period reached ¥3,274,913,258.51, an increase from ¥3,160,466,627.12 in the previous period[34] - Net cash flow from operating activities was -¥158,247,842.98, improving from -¥316,785,113.74 year-on-year[34] - The company's cash and cash equivalents at the end of the period were ¥238,249,023.60, a decrease from ¥788,292,612.72 at the end of the previous period[35] - The company reported a net cash decrease of ¥397,546,282.33 for the period, worsening from -¥184,453,486.13 in the previous period[35] Acquisitions and Investments - The company has paid a total of RMB 358.938 million for the acquisition of 51% equity in Xin Ya Shan Shan, which includes RMB 70 million as an earnest money deposit[19] - The company has completed the acquisition of 49% equity in Zhejiang Xin Ya Zhong Ning New Energy Co., Ltd. from Shanghai Ruiqing for a nominal price of RMB 1[20] - The company approved an investment of RMB 196.77 million for a new project to produce 80,000 tons of lithium battery electrolyte annually, with construction costs of RMB 117.41 million and working capital of RMB 77.60 million[25] Shareholder and Governance Changes - The company has undergone a change in control, with Baoxin Yangdi becoming the largest shareholder and Wang Weihua as the actual controller[15] - The company’s major shareholders, including Zhuhai Gejin and Hunan Xiangcai, have committed not to seek control over Xin Ya Zhi Cheng[15] - The company’s board of directors has been restructured, with 7 out of 9 members nominated by Baoxin Yangdi[14] - The company has confirmed that it is in a state of no controlling shareholder and no actual controller until the completion of the non-public offering[15] Government Subsidies and Rewards - The company received government subsidies amounting to ¥10,678,268.09 during the reporting period[7] - The company received a total of RMB 20 million in government rewards on May 29 and July 7, 2023, as part of local economic development initiatives[22] - Other income grew by 957.99% to ¥22,063,485.80, largely from government subsidies received amounting to ¥20 million[10] Research and Development - Research and development expenses rose by 189.07% to ¥23,214,209.19, attributed to asset acquisitions and expanded consolidation scope[10] - Research and development expenses increased to ¥23,214,209.19, up from ¥8,030,634.25, marking a rise of 189.5% year-over-year[32] Regulatory and Compliance - The company is undergoing an investigation related to non-operational fund occupation by its former controlling shareholder, which has led to regulatory actions[24] - The company has conducted asset impairment testing and made provisions for potential losses as of September 30, 2023, to ensure accurate financial reporting[27] Other Financial Metrics - Cash received from tax refunds was ¥2,205,838.68, significantly higher than ¥361,976.77 in the previous period[34] - Cash paid to employees increased to ¥104,927,561.15 from ¥62,689,898.76 year-on-year[34] - Total sales revenue from goods and services received was ¥3,248,221,440.26, compared to ¥2,664,474,032.10 in the previous period[34]