山东墨龙(002490) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥203,704,216.55, a decrease of 68.66% compared to the same period last year[4] - Total operating revenue for the third quarter was ¥1,002,123,231.65, a decrease of 54.9% compared to ¥2,220,897,730.20 in the same period last year[22] - Total operating costs amounted to ¥1,252,362,184.16, down 49.6% from ¥2,482,341,068.96 year-over-year[22] - The net loss for the period was ¥254,682,267.47, compared to a net loss of ¥283,377,622.15 in the previous year, representing an improvement of 10.1%[23] - The total comprehensive loss for the period was ¥255,090,284.98, compared to a loss of ¥285,232,937.74 in the previous year, indicating a reduction of 10.6%[24] - Basic and diluted earnings per share were both -¥0.3095, slightly improved from -¥0.3333 in the same quarter last year[24] Profitability - The net profit attributable to shareholders for Q3 2023 was -¥88,667,654.68, representing a 4.89% increase year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥88,792,097.28, an increase of 5.75% compared to the previous year[4] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥3,305,574,889.93, down 18.15% from the end of the previous year[4] - As of September 30, 2023, the company's total assets amounted to RMB 3,305,574,889.93, a decrease from RMB 4,038,605,559.51 at the beginning of the year, representing a decline of approximately 18.1%[19] - The company's current assets decreased to RMB 1,068,000,643.78 from RMB 1,648,063,045.76, reflecting a reduction of about 35.1%[19] - The total liabilities decreased to RMB 2,648,409,531.96 from RMB 3,128,252,351.27, indicating a decline of approximately 15.3%[21] - The equity attributable to shareholders decreased by 24.84% to ¥742,586,010.04 compared to the end of the previous year[4] - The company's total liabilities and equity amounted to ¥3,305,574,889.93, down from ¥4,038,605,559.51 year-over-year[22] Cash Flow - Cash flow from operating activities for the year-to-date was ¥20,395,954.15, a decrease of 19.79% compared to the previous year[4] - The company reported a cash flow from operating activities of ¥20,395,954.15, a decrease of 19.9% from ¥25,428,576.40 in the same period last year[26] - The company reported a significant decrease in cash and cash equivalents, down 62.05% to ¥174,457,621.41 compared to the end of 2022[9] - Cash and cash equivalents decreased by ¥270,392,594.47 during the period, compared to a decrease of ¥35,376,606.33 in the same period last year[26] Receivables and Inventories - The company experienced a 55.84% decrease in notes receivable, totaling ¥75,751,946.69 at the end of Q3 2023[9] - The accounts receivable decreased to RMB 272,558,670.16 from RMB 294,399,562.75, a reduction of about 7.4%[19] - The inventory level decreased to RMB 522,125,202.92 from RMB 670,217,844.40, reflecting a decline of approximately 22.1%[19] Legal Matters - The company reported a total of 78 litigation and arbitration cases in the past twelve months, with a total amount involved of approximately RMB 147,948,600, accounting for 14.98% of the latest audited net assets[17] Borrowings and Payables - The company's short-term borrowings decreased to RMB 1,762,400,787.08 from RMB 1,962,936,789.90, a decline of about 10.2%[20] - The long-term payables decreased to RMB 23,427,732.00 from RMB 65,461,963.55, indicating a reduction of approximately 64.2%[21] - The net cash flow from financing activities was -¥292,004,557.16, a significant increase in outflows compared to the previous year, indicating higher debt repayments[12] Research and Development - Research and development expenses were ¥25,649,206.19, a decrease of 23.9% from ¥33,698,402.11 in the previous year[22] Accounting Changes - The third quarter report for Shandong Molong Petroleum Machinery Co., Ltd. has not been audited[28] - The company has implemented new accounting standards starting in 2023, affecting the financial statements[28]