双林股份(300100) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥1,066,337,111.47, a decrease of 0.90% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥33,164,083.27, down 18.09% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥35,233,713.89, an increase of 2.77% compared to the same period last year[3]. - The basic earnings per share for Q3 2023 was ¥0.0825, down 18.11% year-on-year[3]. - The weighted average return on equity was 1.50%, a decrease of 0.43% compared to the same period last year[3]. - Total operating revenue for the third quarter of 2023 was CNY 2,883,344,611.93, a decrease of 2.04% compared to CNY 2,943,529,614.32 in the same period last year[18]. - Net profit for the third quarter was CNY 98,457,149.53, representing an increase of 16.67% from CNY 84,421,301.06 in the previous year[20]. - Earnings per share (EPS) for the third quarter was CNY 0.2436, up from CNY 0.2135 in the same quarter last year, reflecting a growth of 14.43%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,526,817,976.04, a decrease of 2.94% from the end of the previous year[3]. - The company's total assets as of September 30, 2023, amount to 5,526,817,976.04 yuan, a decrease from 5,694,241,259.28 yuan at the beginning of the year[16]. - The total current assets decreased from 3,311,556,433.69 yuan to 3,171,595,364.02 yuan[16]. - The company's total liabilities decreased to CNY 3,303,556,038.12 from CNY 3,578,091,999.05, showing improved financial health[18]. - The total equity attributable to shareholders of the parent company rose to CNY 2,215,706,839.43, up from CNY 2,107,949,885.39, indicating a strengthening balance sheet[18]. - The company reported a decrease in accounts payable to CNY 844,460,338.44 from CNY 1,126,760,866.62, reflecting better cash flow management[18]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥264,246,988.20, down 25.62% compared to the previous year[3]. - Operating cash inflow for the period was CNY 2,794,459,618.55, down from CNY 3,040,037,519.36 in the previous period, representing a decrease of approximately 8.1%[22]. - Net cash flow from operating activities was CNY 264,246,988.20, compared to CNY 355,255,687.51 in the same period last year, reflecting a decline of about 25.6%[22]. - Cash inflow from investment activities totaled CNY 86,246,106.83, significantly lower than CNY 526,690,274.70 in the previous year, indicating a decrease of approximately 83.7%[22]. - Cash inflow from financing activities was CNY 1,107,046,904.48, down from CNY 1,295,600,000.00, a decrease of about 14.6%[23]. - The ending balance of cash and cash equivalents was CNY 386,671,494.89, compared to CNY 320,979,379.58 at the end of the previous period, showing an increase of approximately 20.4%[23]. Expenses and Investments - The company's sales expenses increased by 39.00% year-on-year, primarily due to increased after-sales costs related to transmission products[7]. - Research and development expenses increased to CNY 136,625,979.42, compared to CNY 128,605,793.37 in the previous year, indicating a focus on innovation[18]. - The company’s financial expenses increased to CNY 28,008,136.92 from CNY 19,730,013.21, primarily due to higher interest expenses[18]. - Cash paid for purchasing goods and services was CNY 1,839,525,887.62, down from CNY 2,038,517,482.90, reflecting a decrease of approximately 9.8%[22]. - Cash paid to employees increased to CNY 405,481,635.99 from CNY 398,552,578.38, an increase of about 1.9%[22]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,292[10]. - The largest shareholder, Shuanglin Group Co., Ltd., holds 45.14% of shares, amounting to 181,519,262 shares, with 119,000,000 shares pledged[10]. - The company has a total of 5,683,011 restricted shares, which have been fully unlocked as of May 30, 2023[13]. Inventory and Product Development - The company's inventory as of September 30, 2023, is 907,806,982.74 yuan, down from 957,312,527.72 yuan at the beginning of the year[16]. - The cumulative sales amount for supplying products to new energy vehicles, including models like Wanjie M5 and M7, reached 22.54 million yuan, accounting for 0.78% of the company's revenue for the first three quarters[14]. - The company plans to accelerate product research and development to meet the growing demand in the new energy vehicle market[14]. Tax and Refunds - The company received CNY 8,782,356.26 in tax refunds, down from CNY 35,069,768.88 in the previous period, a decrease of about 75.0%[22]. - The company’s deferred income tax liabilities decreased slightly to CNY 30,511,527.66 from CNY 31,909,820.45, indicating stable tax management[18].