茂硕电源(002660) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥340,213,952, a decrease of 15.34% compared to the same period last year, which reported ¥401,874,930[5]. - Net profit attributable to shareholders for Q3 2023 was ¥19,088,254, down 37.67% from ¥30,624,899 in the previous year[5]. - Basic earnings per share for Q3 2023 were ¥0.0535, a decline of 37.72% from ¥0.0859 in the same period last year[5]. - Total operating revenue for the current period is ¥1,020,524,484.83, a decrease of 10.59% from ¥1,141,491,168.66 in the previous period[21]. - Operating profit for the current period is ¥60,303,932.06, a decline of 10.24% compared to ¥67,035,382.51 in the previous period[22]. - Net profit for the current period is ¥55,608,051.92, down 17.74% from ¥67,609,451.04 in the previous period[22]. - Basic and diluted earnings per share are both ¥0.1673, a decrease from ¥0.1869 in the previous period[23]. - The company reported a total comprehensive income of ¥55,246,881.32, down from ¥67,725,939.94 in the previous period[23]. Cash Flow - The net cash flow from operating activities increased by 29.08% to ¥39,995,841, compared to ¥30,985,646 in the same period last year[5]. - Cash inflow from operating activities totaled ¥937,730,494.56, slightly down from ¥955,977,971.79 in the previous period[24]. - Total cash outflow from operating activities amounted to CNY 897,734,652.86, a decrease of 2.3% from CNY 924,992,325.72 in the same period last year[25]. - The net cash flow from investing activities was -CNY 72,650,258.68, compared to -CNY 1,671,737.37 in Q3 2022, indicating a significant increase in cash outflow[25]. - Cash inflow from financing activities totaled CNY 73,600,000.00, down 84.5% from CNY 474,764,303.69 in Q3 2022[25]. - The net cash flow from financing activities was CNY 8,924,313.87, a decrease of 97.1% compared to CNY 311,339,760.90 in the previous year[25]. - The ending balance of cash and cash equivalents was CNY 569,409,103.72, slightly up from CNY 563,197,981.06 at the end of Q3 2022[25]. - The company reported a total of CNY 233,590,028.90 in cash paid to employees, an increase of 22.2% from CNY 191,077,043.20 in Q3 2022[25]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,825,046,215.11, representing a decrease of 4.14% from the previous year's end[5]. - The company's equity attributable to shareholders increased by 1.94% to ¥1,259,020,022.54 compared to the previous year[5]. - The company's current assets totaled CNY 1,378,256,179.85, down from CNY 1,453,410,484.71 at the start of the year, indicating a decrease of about 5.17%[18]. - The total liabilities decreased to CNY 543,662,360.46 from CNY 666,340,402.47, reflecting a reduction of approximately 18.43%[19]. - The total owner's equity as of September 30, 2023, was CNY 1,281,383,854.65, compared to CNY 1,237,472,614.53 at the beginning of the year, indicating an increase of about 3.55%[19]. Changes in Financial Position - Accounts receivable increased by 37.46% to ¥74.30 million from ¥54.05 million, primarily due to an increase in notes received from low-credit banks[11]. - Financing receivables rose by 76.82% to ¥50.88 million from ¥28.77 million, mainly due to an increase in notes from high-credit banks[11]. - Short-term borrowings surged by 121.21% to ¥44.52 million from ¥20.13 million, attributed to increased bank loans and discounted notes[11]. - Deferred income tax liabilities increased significantly by 1031.25% to ¥4.75 million from ¥0.42 million, driven by changes in the fair value of leasing contracts[11]. - Minority interests rose dramatically by 822.05% to ¥22.36 million from ¥2.43 million, mainly due to new subsidiary investments[11]. - Tax expenses increased by 668.73% to ¥4.92 million from ¥0.64 million, primarily due to an increase in deferred tax expenses[11]. - Research and development expenses increased to ¥67,005,147.30, up 15.61% from ¥57,928,771.88 in the previous period[22]. Accounting Changes - The company has implemented a change in accounting policy effective January 1, 2023, related to deferred tax liabilities and assets for certain transactions[6]. - The company adjusted its deferred tax assets to CNY 34,375,153.82, reflecting an increase of 4.4% due to new accounting standards[27]. - The company’s deferred tax liabilities increased to CNY 1,371,423.14, up 3.0% from the previous amount[27]. - The company’s undistributed profits were adjusted to CNY 150,852,046.77, showing a minor increase of 0.1%[27].