嘉欣丝绸(002404) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,076,671,009.69, a decrease of 7.74% compared to the same period last year[6] - Net profit attributable to shareholders for Q3 2023 was ¥43,671,984.25, down 44.33% year-on-year[6] - The basic earnings per share for Q3 2023 was ¥0.08, a decline of 42.86% compared to the previous year[6] - Total operating revenue for the period was ¥3,255,505,252.79, a decrease of 2.95% compared to ¥3,354,142,459.14 in the previous period[21] - Operating profit decreased to ¥227,561,517.84 from ¥269,048,259.77, reflecting a decline of about 15.4%[22] - Net profit for the period was ¥178,634,923.37, down from ¥209,053,768.30, indicating a decrease of approximately 14.5%[22] - Earnings per share (EPS) decreased to ¥0.30 from ¥0.35, a decline of about 14.29%[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,544,844,173.92, an increase of 2.47% from the end of the previous year[6] - Total liabilities increased to ¥1,456,980,367.21 from ¥1,408,651,186.21, marking an increase of approximately 3.43%[20] - Total equity rose to ¥2,087,863,806.71 from ¥2,050,760,532.21, reflecting an increase of about 1.8%[20] - The company’s total equity attributable to shareholders increased by 1.84% to ¥2,000,519,066.03 compared to the end of the previous year[6] - Total current assets amount to ¥2,537,763,264.69, an increase from ¥2,489,553,147.49 at the beginning of the year[17] - Total non-current assets increased to ¥1,007,080,909.23 from ¥969,858,570.93[17] Cash Flow - Cash flow from operating activities showed a net outflow of ¥15,074,208.76, a decrease of 103.85% year-on-year[6] - The cash inflow from operating activities for the third quarter was ¥3,740,918,159.11, a decrease of 3.6% compared to ¥3,880,182,863.66 in the previous period[24] - The net cash flow from operating activities was -¥15,074,208.76, a significant decline from ¥392,006,832.45 in the same period last year[24] - The cash inflow from investment activities totaled ¥82,324,273.99, down from ¥659,296,323.56 in the previous year[24] - The net cash flow from investment activities was -¥59,974,809.75, compared to a positive cash flow of ¥317,981,509.32 in the prior year[24] - The cash inflow from financing activities was ¥1,200,790,355.83, a decrease from ¥1,507,507,636.75 in the previous period[26] - The net cash flow from financing activities was ¥24,673,628.50, a recovery from a negative cash flow of -¥452,829,753.52 in the same period last year[26] - The total cash and cash equivalents at the end of the period were ¥668,744,688.34, down from ¥810,127,985.81 at the end of the previous period[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 30,452[13] - The largest shareholder, Zhou Guojian, holds 19.67% of shares, totaling 113,644,600 shares, with 30,000,000 shares pledged[13] - The company has a total of 92,490,071 shares held by Kexiya Holdings, representing 16.01% of shares[13] - The first phase employee stock ownership plan holds 8,953,904 shares, accounting for 1.55%[13] - The company has a total of 3,100,300 shares held by Bank of China, representing 0.54%[13] Financial Changes and Trends - The company reported a significant increase in prepayments, which rose by 95.49% to ¥153,786,372.19, attributed to increased procurement[9] - The company's financial expenses increased by 55.12% year-on-year, primarily due to a decrease in foreign exchange gains[11] - Investment income decreased by 100.96% year-on-year, mainly due to the previous year's disposal of stocks[11] - The company experienced a 118.86% decrease in net cash flow from investing activities, attributed to reduced supply chain financing[11] - Research and development expenses were ¥48,661,405.64, slightly up from ¥46,313,153.84, indicating a growth of about 5.1%[21] - Financial expenses showed a significant improvement, with a net income of -¥19,480,574.73 compared to -¥43,405,501.13 in the previous period[21] - Other comprehensive income after tax was ¥14,489.24, compared to a loss of -¥59,923.54 in the previous period, showing a recovery[22] Future Outlook - The company has not disclosed any significant new strategies or future outlook in the provided documents[15] - The company is implementing new accounting standards starting from 2023, which may affect future financial reporting[27] - The company did not undergo an audit for the third quarter report[27]