深南电路(002916) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was CNY 3,427,714,678.06, a decrease of 2.45% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 434,207,104.64, reflecting a 1.05% increase year-on-year[4]. - The net profit excluding non-recurring gains and losses was CNY 311,504,913.34, down 21.73% from the previous year[4]. - Basic earnings per share for Q3 2023 was CNY 0.85, up 1.19% year-on-year[4]. - The net profit for Q3 2023 was CNY 908,106,224.90, a decrease of 23.2% compared to CNY 1,182,854,963.07 in Q3 2022[17]. - The total comprehensive income for Q3 2023 was CNY 908,988,299.54, down from CNY 1,184,973,510.37 in the same period last year, reflecting a decline of 23.2%[18]. - Basic earnings per share for Q3 2023 were CNY 1.77, compared to CNY 2.33 in Q3 2022, representing a decrease of 24%[18]. Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was CNY 1,549,931,446.98, a decline of 36.24% compared to the same period last year[4]. - Cash flow from operating activities for Q3 2023 was CNY 1,549,931,446.98, down 36.1% from CNY 2,431,046,590.48 in Q3 2022[19]. - Cash inflow from operating activities totaled CNY 10,074,188,262.53, a decrease of 9.6% compared to CNY 11,145,427,226.06 in the previous year[19]. - Cash outflow from operating activities was CNY 8,524,256,815.55, slightly down from CNY 8,714,380,635.58 in Q3 2022[19]. - The ending cash and cash equivalents balance was CNY 429,512,758.58, significantly lower than CNY 1,529,364,898.30 at the end of Q3 2022[20]. - The company reported a significant decrease in cash and cash equivalents by 77.45% due to payments for equipment and construction investments[7]. Assets and Liabilities - Total assets as of September 30, 2023, were CNY 21,488,891,724.75, an increase of 3.65% from the end of the previous year[4]. - Total current assets decreased from 8,577,971,942.61 to 7,868,481,325.78[13]. - Cash and cash equivalents decreased from 1,913,469,009.39 to 431,450,504.22[13]. - Inventory increased from 2,340,891,041.46 to 2,749,893,072.99, indicating a rise in stock levels[13]. - Non-current liabilities decreased to CNY 6,006,541,765.59 from CNY 6,708,472,824.95, indicating improved financial stability[15]. - The company's equity attributable to shareholders was CNY 12,683,880,708.18, up 3.53% from the end of last year[4]. - The total equity attributable to shareholders increased to CNY 12,683,880,708.18, compared to CNY 12,251,659,553.96 in the previous year, reflecting strong retained earnings[15]. Investment and Financing - The company increased its short-term borrowings to CNY 260,158,622.22, marking a 100% increase as it sought additional financing[8]. - Cash from new borrowings increased by 355.14% to 2,019,087,509.12 reflecting new loans taken[9]. - The company reported a net investment loss of CNY 5,284,576.34 for the period, contrasting with a gain of CNY 11,592,225.94 in the previous year, highlighting challenges in investment performance[16]. Operational Performance - Total operating revenue for Q3 2023 was CNY 9,461,493,197.64, a decrease of 9.8% compared to CNY 10,485,405,136.24 in Q3 2022[16]. - Total operating costs for Q3 2023 were CNY 8,612,608,549.21, down from CNY 9,093,104,844.31 in the same period last year, reflecting a cost reduction strategy[16]. - Research and development expenses increased to CNY 635,267,279.07 in Q3 2023, compared to CNY 615,497,781.73 in Q3 2022, indicating a continued focus on innovation[16]. Other Financial Metrics - Financial expenses increased by 98.59% to -239,193.90 due to exchange rate fluctuations[9]. - Other income rose by 169.17% to 214,520,075.35 primarily from increased government subsidies[9]. - Investment income decreased by 145.59% to -5,284,576.34 due to losses from foreign exchange contracts[9]. - Fair value changes in income increased by 31.01% to 3,780,709.98 from unfulfilled foreign exchange contracts[9]. - Cash received from tax refunds decreased by 35.11% to 226,160,987.89 due to fewer refunds this period[9]. - Cash received from government subsidies increased by 74.29% to 219,634,427.95[9]. Audit and Compliance - The third quarter report for 2023 was not audited[24].