万里石(002785) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was approximately ¥354.61 million, representing a 12.02% increase compared to ¥316.57 million in the same period last year[4]. - The net profit attributable to shareholders was a loss of ¥1.32 million, a decrease of 230.55% from a profit of ¥996.32 million in the previous year[4]. - Total operating revenue for Q3 2023 was CNY 881,754,789.92, a decrease of 2.9% compared to CNY 904,020,722.57 in Q3 2022[19]. - Net profit for Q3 2023 was CNY 210,840.23, a significant decline of 96.4% from CNY 5,958,438.43 in Q3 2022[20]. - Basic earnings per share for Q3 2023 were CNY 0.0156, down from CNY 0.0309 in Q3 2022, a decrease of 49.7%[20]. Cash Flow - The net cash flow from operating activities increased significantly to ¥28.07 million, a 349.51% rise compared to ¥6.24 million in the same period last year[4]. - The net cash flow from operating activities for the first nine months of 2023 was ¥28,068,891.28, a significant increase of 349.51% compared to ¥6,244,267.06 in the same period of 2022[10]. - The net cash flow from operating activities for Q3 2023 was CNY 28,068,891.28, a significant increase from CNY 6,244,267.06 in Q3 2022, reflecting improved operational efficiency[22]. - The company reported a cash and cash equivalents balance of CNY 454,990,041.15 at the end of Q3 2023, up from CNY 99,481,271.78 at the end of Q3 2022, indicating a strong liquidity position[23]. - The company’s net increase in cash and cash equivalents for Q3 2023 was CNY 383,360,218.84, compared to CNY 1,950,645.61 in Q3 2022, indicating a strong cash generation capability[23]. Assets and Liabilities - The total assets as of September 30, 2023, were approximately ¥1.77 billion, reflecting a 29.80% increase from ¥1.36 billion at the beginning of the year[5]. - The company's equity attributable to shareholders rose to approximately ¥1.01 billion, marking a 71.06% increase from ¥591.99 million at the end of the previous year[5]. - The total assets increased to CNY 1,767,603,166.94 in Q3 2023, up from CNY 1,361,804,325.72 in Q3 2022, representing a growth of 29.8%[19]. - The total liabilities decreased from ¥1,200,000,000 to ¥1,100,000,000, indicating a reduction in financial obligations[16]. - The total liabilities decreased to CNY 698,648,368.48 in Q3 2023, down from CNY 739,511,149.77 in Q3 2022, a reduction of 5.5%[19]. Investments and Expenses - The company has invested in the construction of a lithium carbonate production line, which is reflected in the increase in construction in progress to approximately ¥23.45 million[9]. - The company experienced a decrease in financial expenses by 34.58% to approximately ¥7.06 million, attributed to the depreciation of the RMB and increased exchange gains[9]. - The company reported a decrease in financial expenses to CNY 7,062,823.32 in Q3 2023, down from CNY 10,795,513.70 in Q3 2022, a reduction of 34.1%[19]. - The company reported a significant reduction in credit impairment losses, which decreased by 84.10% to approximately ¥1.10 million compared to ¥6.92 million in the previous year[9]. - The company reported a decrease in cash received from other operating activities, totaling CNY 15,603,597.74, down from CNY 17,011,495.86 in the previous year[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,692, with no preferred shareholders[12]. - The largest shareholder, Hu Jingpei, holds 13.87% of the shares, totaling 27,893,051 shares, and has become the controlling shareholder of the company[14]. Accounting Changes - The company adjusted its financial statements due to the implementation of new accounting standards, affecting deferred tax assets and liabilities[24]. - The company’s total liabilities increased, with a notable rise in deferred tax liabilities by CNY 18,360.92 as a result of the new accounting standards[24].