跃岭股份(002725) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥184,920,126.10, representing a 2.35% increase compared to the same period last year, while the year-to-date revenue decreased by 18.07% to ¥489,798,591.27[3] - The net profit attributable to shareholders for Q3 2023 was -¥1,780,055.99, a decrease of 69.47% year-on-year, and the year-to-date net profit was -¥33,986,459.52, down 314.76%[3] - The basic earnings per share for Q3 2023 was -¥0.0070, a decline of 69.30% compared to the previous year, with a year-to-date figure of -¥0.1328, down 314.89%[3] - Total operating revenue for the current period is $489.80 million, down from $597.81 million in the previous period, representing a decrease of approximately 18.06%[16] - Net profit for the current period is a loss of $34.06 million, significantly down from a profit of $15.82 million in the previous period[18] - Basic and diluted earnings per share for the current period are both -$0.1328, compared to $0.0618 in the previous period[18] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,307,771,271.73, an increase of 2.78% from the end of the previous year[3] - Total current assets as of September 30, 2023, amount to CNY 498,323,069.23, an increase from CNY 424,811,862.67 at the beginning of the year[13] - Total liabilities as of September 30, 2023, are CNY 321,534,110.41, up from CNY 252,141,157.54 at the beginning of the year[14] - The company's equity attributable to shareholders decreased to CNY 985,966,126.02 from CNY 1,020,302,009.91[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥43,585,148.49, a decrease of 255.13% compared to the same period last year[3] - Cash inflow from operating activities totaled $531.09 million, a decrease from $724.40 million in the previous period, reflecting a decline of approximately 26.69%[20] - The net cash flow from operating activities was -43,585,148.49 CNY, a decrease from 28,096,525.94 CNY in the previous year[21] - Total cash inflow from financing activities reached 348,807,482.71 CNY, compared to 210,900,000.00 CNY in the same period last year, marking an increase of approximately 65.5%[21] - The company reported a net increase in cash and cash equivalents of 102,437,963.19 CNY, up from 43,831,430.95 CNY in the previous year[21] Expenses - The company reported a significant increase in short-term borrowings, which rose by 242.34% to ¥206,413,839.66 due to increased bank loans[6] - The company experienced a 321.63% increase in credit impairment losses, amounting to -¥4,814,234.42, attributed to increased provisions for bad debts[7] - The company reported a decrease in accounts receivable to CNY 94,992,339.85 from CNY 107,833,867.22 at the beginning of the year[12] - Research and development expenses decreased to $16.87 million from $22.98 million, a reduction of approximately 26.55%[16] - Sales expenses increased to $5.18 million from $3.09 million, an increase of about 67.73%[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 34,234[9] - The largest shareholder, Lin Xianming, holds 10.36% of shares, totaling 26,518,800 shares[9] - The number of shares held by the top ten shareholders reflects significant concentration, with the top shareholder holding over 10%[10] Government Subsidies - The company received government subsidies totaling ¥928,098.52 in Q3 2023, with year-to-date subsidies amounting to ¥3,275,231.20, a decrease of 36.42% compared to the previous year[4] Audit Status - The report for the third quarter was not audited[22]