当升科技(300073) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥4,141,508,092.12, a decrease of 16.74% compared to the same period last year[4] - Net profit attributable to shareholders was ¥566,043,032.85, showing a slight increase of 0.03% year-on-year[4] - Operating revenue for the first nine months of 2023 was 12.54 billion yuan, a decrease of 10.96% year-on-year[15] - The net profit for Q3 2023 was CNY 1,792,834,391.14, compared to CNY 1,743,594,575.66 in Q3 2022, showing a slight increase[31] - The total profit for Q3 2023 was approximately ¥1.79 billion, an increase from ¥1.75 billion in Q3 2022, representing a growth of about 2.4%[32] - The net profit attributable to shareholders of the parent company reached approximately ¥1.49 billion, compared to ¥1.48 billion in the same period last year, reflecting a slight increase of 0.5%[32] Cash Flow - The net cash flow from operating activities reached ¥1,808,468,361.77, a significant increase of 423.05% compared to the previous year[5] - Cash flow from operating activities for the period was approximately ¥1.81 billion, significantly higher than ¥345.75 million in the previous year, marking an increase of over 424%[34] - Cash inflow from operating activities totaled approximately ¥13.51 billion, compared to ¥9.28 billion in the same period last year, representing a growth of about 45%[34] - The company reported cash outflow from investing activities of approximately ¥4.27 billion, down from ¥7.37 billion in the previous year, indicating a decrease of about 42%[35] - The net cash flow from financing activities was negative at approximately -¥175.26 million, an improvement from -¥220.48 million in the same period last year[35] Assets and Liabilities - Total assets as of September 30, 2023, were ¥18,919,671,219.01, reflecting a decrease of 12.23% from the end of the previous year[5] - The company's total liabilities as of September 30, 2023, amounted to 6.07 billion yuan, a decrease of 39.67% compared to the beginning of the year[11] - Total current assets decreased to CNY 14,906,445,774.31 from CNY 18,111,659,141.95 at the start of the year, reflecting a decline of 17.83%[27] - Total liabilities decreased to CNY 6,073,248,374.14 from CNY 10,066,120,486.85, indicating a reduction of 39.53%[29] - The company's total assets as of September 30, 2023, were CNY 18,919,671,219.01, down from CNY 21,556,008,467.15 at the beginning of the year[29] Equity and Earnings - The company's basic earnings per share for Q3 2023 was ¥1.1176, an increase of 0.03% year-on-year[5] - The weighted average return on equity was 4.58%, down by 1.24% compared to the same period last year[5] - The company's total equity attributable to shareholders increased by 10.03% to ¥12,643,167,990.33 compared to the end of the previous year[5] - The company's equity attributable to shareholders increased to CNY 12,643,167,990.33 from CNY 11,489,887,980.30, reflecting a growth of 10.06%[29] Inventory and Receivables - The company reported a decrease of 57.97% in inventory, amounting to ¥1,204,311,359.16[8] - Accounts receivable notes decreased by 226.32 million yuan, down 77.74%, mainly due to the settlement of notes that matured during the reporting period[9] - Inventory decreased by 1.66 billion yuan, a decline of 57.97%, attributed to accelerated inventory turnover and a decrease in raw material prices[9] Research and Development - The company’s R&D expenses for the first nine months of 2023 were 431.98 million yuan, down 35.75% year-on-year[15] - Research and development expenses for Q3 2023 amounted to CNY 431,982,353.49, a decrease of 35.61% compared to CNY 672,314,965.35 in Q3 2022[31] - R&D expenses decreased by CNY 240.33 million, a reduction of 35.75% year-on-year, primarily due to a significant drop in raw material prices[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 61,210[21] - The largest shareholder, Minmetals Technology Group Co., Ltd., holds 23.19% of the shares[21]