津膜科技(300334) - 2023 Q3 - 季度财报

Financial Performance - Revenue for Q3 2023 was CNY 35,789,736.57, a decrease of 44.70% compared to the same period last year[5] - Net profit attributable to shareholders was CNY -3,666,254.11, a decline of 75.21% year-on-year[5] - The company's operating revenue for the third quarter was CNY 1,287.36 million, a decrease of 29.95% compared to the same period last year, primarily due to the transfer of control over subsidiaries providing wastewater treatment services[18] - The company reported total operating revenue of ¥128,736,344.08 for the current period, a decrease of 30% compared to ¥183,783,314.31 in the previous period[35] - The total revenue from sales of goods and services was 143,429,577.09 CNY, down from 181,099,522.69 CNY in the same quarter last year, representing a decrease of approximately 20.8%[38] - The net profit for Q3 2023 was -14,108,255.03 CNY, compared to -42,798,505.90 CNY in Q3 2022, showing an improvement of approximately 67.1% year-over-year[36] - Operating profit for Q3 2023 was -15,894,087.09 CNY, an improvement from -38,492,173.12 CNY in the same period last year[36] - Total comprehensive income for Q3 2023 was -14,108,255.03 CNY, compared to -42,798,505.90 CNY in Q3 2022, indicating a recovery trend[37] Cash Flow and Assets - Cash flow from operating activities showed a net outflow of CNY -96,975,607.06, a decrease of 472.27% compared to the previous year[5] - Cash flow from operating activities was -96,975,607.06 CNY, a significant decline compared to a positive cash flow of 26,049,876.43 CNY in Q3 2022[38] - The company reported cash and cash equivalents of 45,680,906.69 CNY at the end of Q3 2023, up from 39,659,067.78 CNY at the end of Q2 2023[39] - The company reported a significant increase in cash and cash equivalents, rising by 188.49% to CNY 67,387,500[9] - Total assets at the end of the reporting period were CNY 979,164,285.74, down 36.20% from the end of the previous year[5] - The total assets of the company decreased to ¥979,164,285.74 from ¥1,534,759,509.42, a decline of approximately 36%[33] - The company’s non-current assets decreased to ¥542,511,445.58 from ¥1,094,537,485.62, a decline of approximately 50%[32] Liabilities and Equity - The company’s total liabilities decreased to ¥357,034,950.93 from ¥877,497,856.53, reflecting a reduction of about 59%[33] - Short-term borrowings decreased by 82.52% to CNY 15,679,500, primarily due to repayment of bank loans[13] - Other payables decreased by 72.30% to CNY 65,995,600, mainly due to repayment of shareholder loans[15] - The number of ordinary shareholders at the end of the reporting period was 22,740, with the top ten shareholders holding a combined 73.77% of shares[23] Receivables and Payables - Accounts receivable decreased by 31.63% to CNY 177,991,700, primarily due to changes in consolidation scope and collection of prior debts[10] - Other receivables increased by 340.65% to CNY 58,398,000, mainly due to uncollected equity and debt transfer payments[11] - Accounts receivable decreased significantly to ¥177,992,195.36 from ¥260,335,700.34, indicating a reduction of about 32%[30] Expenses and Investments - Operating costs decreased by CNY 530.55 million, down 37.41% year-on-year, mainly due to the transfer of control over subsidiaries and a reduction in raw material prices for membrane products[19] - R&D expenses increased by CNY 58.86 million, a growth of 36.28% year-on-year, reflecting increased investment in new products, technologies, and processes[19] - Financial expenses decreased by CNY 230.91 million, down 67.89% year-on-year, due to lower interest expenses from reduced interest-bearing liabilities and borrowing rates[19] - Investment income rose by CNY 114.34 million, a significant increase of 1268.18% year-on-year, attributed to the transfer of subsidiary equity and profits from affiliated companies[20] - The company incurred a total operating expense of 250,977,761.13 CNY in Q3 2023, compared to 216,202,248.59 CNY in Q3 2022, reflecting an increase of about 16.0%[38] Strategic Planning and Developments - The company’s strategic planning aims to strengthen its leading position in separation membranes and green low-carbon applications, focusing on "dual carbon" core technologies and solutions[25] - The company signed a settlement agreement with Tianjin Huashui Water Construction Co., resolving a dispute over the comprehensive sewage treatment plant project[27] - The company has provided collateral using its own assets to secure financing, as approved in the board meeting on August 3, 2023[29] Fair Value and Other Changes - The company reported a 100% decrease in fair value changes, with a loss of CNY 4.13 million, primarily due to a decline in stock prices from debt-to-equity swaps[21] - The company’s asset disposal income increased by CNY 1.58 million, a growth of 767.69% year-on-year, due to reduced losses from fixed asset disposals[21] - The company’s operating tax and additional expenses decreased by CNY 1.26 million, down 39.74% year-on-year, due to lower tax provisions[19] Audit Status - The company has not undergone an audit for the Q3 2023 report[40]