利源股份(002501) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥123,846,179.29, a decrease of 4.43% compared to the same period last year[4] - The net profit attributable to shareholders was -¥36,475,255.22, representing an increase in loss of 36.86% year-on-year[4] - The net profit for the third quarter of 2023 was -116,271,828.68 CNY, compared to -205,467,446.30 CNY in the same period last year, indicating an improvement of approximately 43.3% year-over-year[28] - Basic and diluted earnings per share for the third quarter were both -0.03 CNY, compared to -0.06 CNY in the previous year[29] - The total operating profit for the third quarter was -107,355,513.51 CNY, an improvement from -184,583,501.82 CNY year-over-year[28] - The company reported a total profit for the third quarter was -116,271,828.68 CNY, compared to -205,467,432.51 CNY in the same period last year, indicating a significant reduction in losses[28] Cash Flow and Assets - The net cash flow from operating activities was -¥329,634,864.11, a significant decline of 91.93% compared to the previous year[13] - The company’s cash and cash equivalents decreased by 65.07% to -¥67,660,551.98, reflecting cash flow challenges[13] - Total cash and cash equivalents at the end of the period were 66,264,130.10 CNY, down from 130,537,038.49 CNY at the end of the previous year[30] - Cash flow from operating activities showed a net outflow of -329,634,864.11 CNY, worsening from -171,746,532.30 CNY in the same period last year[29] - The company reported a total liability of RMB 550,433,881.49, down 11.6% from RMB 622,806,522.29 at the beginning of the year[25] - Current assets totaled RMB 430,130,817.52, down 26.9% from RMB 588,649,406.15 at the start of the year[24] - The company has reported a net loss of RMB 7,310,932,578.26 in retained earnings, compared to a loss of RMB 7,194,660,749.58 at the start of the year[25] Research and Development - Research and development expenses increased by 152.44% to ¥10,143,940.42, indicating a focus on innovation[11] - The company incurred research and development expenses of 10,143,940.42 CNY, compared to 4,018,376.39 CNY in the same period last year, reflecting a 152.5% increase[28] Shareholder and Equity Information - The company’s total equity attributable to shareholders decreased by 9.24% to ¥1,139,260,359.96[4] - The total number of common shareholders at the end of the reporting period is 58,264[15] - The largest shareholder, Beiyou Intelligent Technology (Shenzhen) Co., Ltd., holds 22.54% of shares, totaling 800,000,000 shares, which are currently frozen[15] - The company’s total share capital increased to 3.55 billion shares after a capital reserve conversion in December 2020[15] - The company has two new institutional shareholders, Jilin Bank and Liao Yuan Zhi Sheng Da Asset Management Co., Ltd., which were added during the restructuring process[16] - The company’s controlling shareholder, Beiyou Intelligent, has had its shares subject to a freeze[18] Subsidiaries and Investments - The company established a new wholly-owned subsidiary, Jilin Liyuan Aluminum Technology Co., Ltd., in February 2023, which has no significant impact on overall operations and performance[17] - The company transferred 100% equity of its wholly-owned subsidiary Jiangyin Liyuan to Anhui Hengdao for RMB 0, along with a debt transfer valued at RMB 23,416,875[17] - The company has fully provided for impairment on its equity investment in Shenyang Liyuan, with no significant impact expected from the bankruptcy proceedings[21] - As of the report date, the amount owed by Shenyang Liyuan to the company was RMB 0.56 billion, with provisions for bad debts already made[21] Financing Activities - The company reported a significant increase in financing cash flow, with net cash flow from financing activities at ¥271,047,939.71, a 3405.98% increase[13] - The total cash inflow from financing activities was 311,376,372.26 CNY, significantly higher than 19,891,120.74 CNY in the previous year[30] Operating Costs - Total operating revenue for the third quarter of 2023 reached RMB 373,764,070.98, an increase of 13.3% compared to RMB 329,913,801.39 in the same period last year[26] - Total operating costs amounted to RMB 484,898,444.10, up 7.1% from RMB 452,660,150.95 year-on-year, with operating costs specifically rising from RMB 340,660,638.34 to RMB 410,434,986.14[27]