同兴环保(003027) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥186,277,643.19, a decrease of 11.91% compared to the same period last year[2] - The net profit attributable to shareholders was a loss of ¥11,654,644.99, representing a decline of 170.70% year-on-year[2] - The net profit after deducting non-recurring gains and losses was a loss of ¥15,341,968.63, down 201.25% from the previous year[2] - Total operating revenue for the current period is $533.34 million, down from $620.89 million in the previous period, representing a decrease of approximately 14.06%[18] - Net profit for the current period is $31.62 million, compared to $89.36 million in the previous period, reflecting a decline of approximately 64.66%[19] - Basic earnings per share decreased to $0.21 from $0.61, a drop of about 65.57%[20] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥2,768,263,545.97, an increase of 2.56% from the end of the previous year[2] - As of September 30, 2023, the total assets of Tongxing Environmental Technology Co., Ltd. amounted to CNY 2,768,263,545.97, an increase from CNY 2,699,230,669.72 at the beginning of the year, reflecting a growth of approximately 2.56%[16] - The company's current assets totaled CNY 2,166,437,724.87, slightly up from CNY 2,151,133,819.37 at the start of the year, indicating a growth of about 0.71%[13] - The total liabilities rose to CNY 977,816,392.90 from CNY 907,159,146.77, which is an increase of approximately 7.7%[15] - The company's total liabilities to equity ratio stands at approximately 0.55, indicating a relatively stable leverage position[15] Cash Flow - The cash flow from operating activities for the year-to-date was negative at ¥154,034,828.87, a decrease of 73.56% compared to the same period last year[7] - Cash flow from operating activities showed a net outflow of $154.03 million, worsening from a net outflow of $88.75 million in the previous period[22] - Cash and cash equivalents at the end of the period decreased to $573.86 million from $697.90 million, a decline of approximately 17.73%[23] Inventory and Expenses - The company's inventory increased by 141.90% to ¥238,610,837.54 due to production orders not yet shipped[6] - The company's financial expenses rose by 302.33% to ¥2,706,957.30 primarily due to increased borrowings[7] - Research and development expenses increased to $44.08 million from $36.52 million, an increase of about 20.57%[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 18,465[9] - The top shareholder, Zhu Qingya, holds 17.38% of the shares, totaling 22,869,516 shares[9] Other Income - The company reported a significant increase in government subsidies, with other income rising by 1719.39% to ¥12,559,709.01[7] - Other income rose significantly to $12.56 million from $0.69 million, an increase of approximately 1711.59%[18]