长高电新(002452) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached ¥413,199,190.87, representing a 34.88% increase year-over-year[5] - Net profit attributable to shareholders was ¥78,976,404.30, a significant increase of 142.65% compared to the same period last year[5] - The basic earnings per share (EPS) for Q3 2023 was ¥0.1273, up 142.48% year-over-year[5] - The company reported a 33.32% increase in operating revenue for the first nine months of 2023, totaling ¥1,064,368,390.95, driven by increased shipments in the power transmission and transformation equipment sector[10] - The company's operating profit for Q3 2023 increased by 108.27% to ¥199,220,549.88 compared to ¥95,654,545.02 in Q3 2022, driven by higher revenue and reduced fair value losses[11] - Net profit attributable to shareholders rose by 95.30% to ¥163,997,300.84, primarily due to increased sales in the power transmission and transformation equipment sector[11] - The net profit for Q3 2023 was CNY 162,916,417.88, a significant increase from CNY 81,476,929.09 in Q3 2022, representing a growth of 99.8%[22] - The operating profit for Q3 2023 reached CNY 199,220,549.88, compared to CNY 95,654,545.02 in the same period last year, marking an increase of 108.2%[22] Cash Flow and Investments - The cash flow from operating activities for the first nine months of 2023 was ¥121,305,881.87, reflecting a substantial increase of 689.32%[5] - Cash received from sales and services increased by 31.86% to ¥1,156,246,286.20 in the first nine months of 2023, compared to ¥876,872,008.13 in the same period last year[11] - The cash flow from operating activities surged by 689.32% to ¥121,305,881.87, reflecting improved collection of sales receivables[11] - Investment cash inflows totaled ¥412,118,003.37, a significant increase of 10,347.27% compared to ¥3,944,742.93 in the previous year, mainly from the recovery of structured deposit principal[11] - The company reported a 551.94% increase in cash paid for investments, totaling ¥605,000,000.00, attributed to subscriptions for structured deposit financial products[11] - The net cash flow from investing activities was negative at CNY -242,419,518.62, compared to CNY -191,671,569.19 in the same period last year[25] - The net cash flow from financing activities was negative at CNY -42,886,687.64, an improvement from CNY -145,838,227.46 in Q3 2022[25] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥3,257,516,951.00, showing a slight increase of 0.08% from the end of the previous year[5] - The total assets as of September 30, 2023, amounted to ¥3,257,516,951.00, a marginal increase from ¥3,254,980,104.24[19] - Total liabilities decreased to ¥1,003,536,775.07 from ¥1,151,509,704.49, a reduction of 13%[19] - The company reported a decrease in short-term borrowings by 60.53%, amounting to ¥17,400,000.00, due to repayments of maturing bank loans by subsidiaries[10] - The company reported a decrease in short-term borrowings to ¥17,400,000.00 from ¥44,080,900.00, a reduction of 60.5%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 33,182, with no preferred shareholders[14] - The top shareholder, Ma Xiaowu, holds 13.59% of the shares, totaling 84,298,440 shares[14] Research and Development - Research and development expenses for Q3 2023 were ¥42,862,485.01, down from ¥59,502,779.43, a decrease of 28.0%[21] Other Information - The company did not report any new product launches or significant market expansion strategies during the quarter[26]