晶盛机电(300316) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥5,055,488,149.68, representing a 63.47% increase year-over-year[5] - Net profit attributable to shareholders for Q3 2023 was ¥1,307,727,146.30, up 63.14% compared to the same period last year[5] - The net profit excluding non-recurring items for Q3 2023 was ¥1,226,969,941.28, reflecting a 53.73% increase year-over-year[5] - The company reported a basic earnings per share of ¥1.00 for Q3 2023, which is a 61.29% increase compared to the same period last year[5] - Total operating revenue for the period reached ¥13,461,864,233.63, a significant increase from ¥7,462,622,573.17 in the previous period, representing an increase of approximately 80.0%[22] - The net profit for Q3 2023 reached CNY 4,142,200,767.04, a significant increase of 97.4% compared to CNY 2,097,903,250.79 in Q3 2022[24] - Operating profit for the period was CNY 4,617,469,451.21, up from CNY 2,373,674,297.46, reflecting a growth of 94.4% year-over-year[24] - The company reported a total comprehensive income of CNY 4,143,092,878.78, compared to CNY 2,099,335,747.74 in the previous year, indicating a growth of 97.5%[24] - The company's total profit for the period was CNY 4,628,355,407.58, up from CNY 2,375,079,052.12, reflecting a growth of 94.5% year-over-year[24] Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥35,805,468,464.52, a 23.95% increase from the end of the previous year[5] - The company's total assets as of September 30, 2023, were ¥35,805,468,464.52, compared to ¥28,886,657,776.01 at the beginning of the year, indicating a growth of about 24.5%[20] - Current assets totaled ¥26,940,770,288.61, an increase from ¥22,589,985,208.56, representing a growth of approximately 19.5%[20] - The company's total liabilities reached ¥20,892,400,060.72, up from ¥17,673,834,675.06, reflecting an increase of about 18.5%[21] Research and Development - Research and development expenses for the first nine months of 2023 were ¥859,535,818.15, marking a 68.38% increase year-over-year as the company continues to enhance its R&D efforts[10] - Research and development expenses increased to ¥859,535,818.15 from ¥510,480,097.24, marking a rise of approximately 68.2%[22] Cash Flow - The company’s cash flow from operating activities for the first nine months of 2023 was ¥1,712,557,695.36, showing a significant increase of 124.30%[5] - The cash flow from operating activities generated a net amount of CNY 1,712,557,695.36, compared to CNY 763,509,028.85 in the same period last year, marking a growth of 124.4%[27] - The company’s cash flow from financing activities generated a net amount of CNY 9,424,164.17, a decrease of 99.2% compared to CNY 1,071,177,917.58 in the previous year[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,368[11] - The top ten shareholders hold a total of 620,635,522 shares, representing a significant portion of the company's equity[16] - The company has a total of 99,331,747 restricted shares, with 21,353,383 shares released during the current period[16] - The actual controllers of the company are Qiu Minxiu and Cao Jianwei, who are also the top two shareholders[16] - The company reported a total of 28,629,315 restricted shares held by Qiu Minxiu, with a 25% annual release limit during her tenure[15] - The company has not completed any financing or margin trading activities among the top ten shareholders[16] - The company’s major shareholder, Shaoxing Shangyu Jingsheng Investment Management Consulting Co., Ltd., holds 620,635,522 shares, making it the largest shareholder[16] - The company’s stock is subject to a lock-up period for executives, allowing for a 25% release of their total holdings each year during their tenure[15] Inventory and Costs - The company’s inventory increased by 26.13% to ¥15,627,927,361.39 as of September 30, 2023, primarily due to an increase in dispatched goods[10] - The company reported a significant increase in inventory, which rose to ¥15,627,927,361.39 from ¥12,390,634,471.39, reflecting a growth of approximately 26.5%[20] - Total operating costs amounted to ¥9,093,026,567.61, up from ¥5,308,792,301.61, reflecting a growth of about 71.5%[22] Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[5] - The company plans to spin off its subsidiary, Zhejiang Meijing New Materials Co., Ltd., for listing on the Shenzhen Stock Exchange's Growth Enterprise Market, with the application submitted on September 27, 2023[17] - As of September 30, 2023, the company has unfulfilled contracts for crystal growth and intelligent processing equipment totaling RMB 28.75 billion, including RMB 3.30 billion for semiconductor equipment[18] Asset Impairment - The company incurred asset impairment losses of CNY 53,771,343.67, compared to CNY 26,521,321.49 in the previous year, indicating an increase of 102.5%[24]