*ST和科(002816) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached CNY 25,427,120.28, representing a 131.20% increase year-over-year[5] - Net profit attributable to shareholders was CNY 4,580,104.19, a 135.02% increase compared to the same period last year[5] - The basic earnings per share for the period was CNY 0.0458, reflecting a 135.02% increase year-over-year[5] - The company's operating revenue for the year-to-date period reached CNY 66.50 million, a 54.08% increase compared to CNY 43.16 million in the same period last year, primarily due to an increase in orders[11] - Total revenue for the third quarter of 2023 reached ¥66,495,660.20, an increase of 54% compared to ¥43,156,665.97 in the same period last year[22] - The total revenue attributable to the parent company's owners for Q3 2023 was -17,524,822.11 CNY, compared to -34,605,570.64 CNY in the same period last year[25] - Basic and diluted earnings per share for Q3 2023 were both -0.1752 CNY, an improvement from -0.3461 CNY in Q3 2022[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 371,356,148.52, a decrease of 15.43% from the end of the previous year[5] - The company's equity attributable to shareholders decreased by 5.18% to CNY 320,563,692.86 compared to the end of the previous year[5] - The company's total assets decreased to ¥371,356,148.52 as of September 30, 2023, down from ¥439,106,289.03 at the beginning of the year[21] - The company's total liabilities decreased to ¥50,891,434.42 from ¥101,017,774.06, a significant reduction of 50%[21] - The equity attributable to shareholders decreased to ¥320,563,692.86 from ¥338,088,514.97, a decline of about 5%[21] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 43,250,898.89, a significant decline of 170.93% year-to-date[5] - The cash flow from operating activities showed a significant decline, with a net outflow of CNY 43.25 million compared to an inflow of CNY 60.97 million in the previous period, primarily due to reduced customer payments[11] - Cash inflows from operating activities totaled 126,508,751.22 CNY, down from 203,592,886.17 CNY year-over-year, indicating a decline of approximately 37.8%[25] - The net cash flow from operating activities was -43,250,898.89 CNY, a significant decrease from 60,973,870.56 CNY in the previous year[25] - The net cash flow from investing activities was a negative CNY 16.83 million, a substantial increase in outflow compared to CNY 0.80 million in the previous period, due to new investments and fixed asset purchases[11] - The net cash flow from financing activities was -2,950,864.00 CNY, compared to -1,603,687.61 CNY in the same period last year[26] - The ending balance of cash and cash equivalents was 56,676,735.42 CNY, down from 98,972,160.12 CNY at the end of Q3 2022, reflecting a decrease of approximately 42.7%[26] Operational Changes - The company reported a 4397.10% increase in prepayments to suppliers, amounting to CNY 35,150,006.64[10] - The company disposed of its subsidiary, resulting in a 100% decrease in investment properties[10] - The company experienced a 67.92% decrease in fixed assets, totaling CNY 11,302,633.94 due to the disposal of the subsidiary[10] - The company reported an investment income of CNY 17.93 million, attributed to the disposal of its subsidiary Dongguan LCD[11] - The company did not report any significant new product launches or technological advancements during the quarter[27] Expenses and Losses - Operating costs increased to CNY 54.16 million, reflecting a 53.99% rise from CNY 35.17 million, driven by higher revenue[11] - The company’s financial expenses increased by 58.46%, resulting in a net expense of CNY -0.40 million compared to CNY -0.96 million last year[11] - The company experienced a significant increase in credit impairment losses, which rose by 2405.59% to CNY -10.41 million, primarily due to increased provisions for bad debts[11] - The company’s other income increased by 65.98% to CNY 0.97 million, mainly due to higher government subsidies received[11] - The net loss for the third quarter was ¥17,623,800.87, an improvement from a net loss of ¥34,605,570.64 in the previous year[24] Future Outlook - The company is expected to continue facing challenges in cash flow management and operational efficiency in the upcoming quarters[28] - The third quarter report was not audited, which may affect the reliability of the financial data presented[27]