科恒股份(300340) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥779,130,688, a decrease of 28.09% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥63,840,765.56, representing a decline of 35.73% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥66,103,788.08, down 3.15% from the previous year[5]. - The basic earnings per share for Q3 2023 was -¥0.3009, a decrease of 35.73% compared to the same period last year[5]. - The net loss for the third quarter of 2023 was ¥96,222,147.49, compared to a net loss of ¥57,708,564.05 in the same period last year, indicating a worsening of 66.7%[24]. - The total comprehensive income for the third quarter was -96,222,147.49 CNY, compared to -57,708,564.05 CNY in the previous year, indicating a decline of approximately 66.7%[25]. - The basic earnings per share (EPS) for the current period was -0.4529 CNY, compared to -0.2728 CNY in the same period last year, reflecting a decrease of 66.1%[25]. Cash Flow and Assets - The cash flow from operating activities for the year-to-date period increased by 141.89% to ¥108,570,014.53[5]. - Cash inflow from operating activities totaled 1,293,518,735.34 CNY, down 22% from 1,654,784,884.61 CNY in the previous year[26]. - Cash outflow for operating activities was 1,184,948,720.81 CNY, a decrease of 26.3% compared to 1,609,900,938.80 CNY last year[27]. - The net cash flow from investing activities was 69,216,912.91 CNY, significantly up from 3,196,777.16 CNY in the previous year, marking an increase of 2,063.5%[27]. - Cash flow from financing activities resulted in a net outflow of -172,240,427.86 CNY, worsening from -23,427,906.72 CNY year-over-year[27]. - The ending balance of cash and cash equivalents was 16,512,960.33 CNY, down from 45,867,945.64 CNY in the previous year, a decline of 64.0%[27]. - The company reported a cash inflow of 407,511.00 CNY from investment absorption, with total cash inflow from financing activities at 232,940,705.64 CNY, down 43.3% from 411,162,000.00 CNY last year[27]. - Total assets at the end of the reporting period were ¥3,657,556,587.98, down 13.54% from the end of the previous year[5]. - The total assets as of September 30, 2023, were ¥3,657,556,587.98, down from ¥4,230,516,400.79 at the beginning of the year, reflecting a decrease of 13.5%[20]. - The total liabilities as of September 30, 2023, were ¥3,515,583,415.62, a decrease of 12.0% from ¥3,997,338,738.08 at the beginning of the year[21]. - Accounts receivable decreased to ¥1,173,184,073.88 from ¥1,338,796,873.45, a decline of 12.3%[20]. - Inventory decreased to ¥1,462,802,952.63 from ¥1,684,007,014.36, reflecting a reduction of 13.1%[20]. - Cash and cash equivalents increased to ¥63,336,550.71 from ¥55,949,681.39, representing an increase of 13.5%[20]. Shareholder and Stock Issuance - The company plans to issue 63,000,000 shares to a specific investor, Gree Jin Investment, as part of a cash subscription agreement[16]. - As of September 30, 2023, the company has a total of 26,616,883 restricted shares, with 194,681 shares newly restricted during the period[14]. - The company received approval from the China Securities Regulatory Commission for the stock issuance on July 20, 2023[16]. - The company is currently in the process of issuing shares to specific investors, with the application documents accepted by the Shenzhen Stock Exchange[17]. - The top ten unrestricted shareholders hold a total of 26,476,578 shares, with the largest shareholder, Zhuzhou High-tech Group, holding 10,534,660 shares[13]. - The company has a total of 1,191,100 shares held by shareholder Zhao Guoxin, with part of it held through margin trading[13]. - The company has implemented a stock incentive plan, with specific restrictions on the transfer of shares for executives[14]. - The company’s financial report indicates ongoing efforts to expand its market presence and enhance shareholder value through strategic stock issuance[16]. - The company’s stock issuance is part of a broader strategy to strengthen its capital base and support future growth initiatives[16]. - The company’s management has emphasized the importance of maintaining compliance with regulatory requirements during the stock issuance process[16]. Operating Performance - Total operating revenue for the third quarter of 2023 was ¥2,416,718,322.07, a decrease of 10.7% compared to ¥2,706,892,936.53 in the same period last year[23]. - Total operating costs for the third quarter of 2023 were ¥2,477,711,209.18, down 11.5% from ¥2,797,509,171.35 year-on-year[23]. - Research and development expenses for the third quarter of 2023 were ¥119,577,374.58, down 20.8% from ¥151,035,117.96 in the previous year[23]. - The company faced increased asset impairment losses and credit losses on receivables, impacting net profit[9]. - The company reported a significant increase in interest income to ¥690,375.51 from ¥491,098.97, marking an increase of 40.5%[24]. - The company has not undergone an audit for the third quarter report[28]. - Non-recurring gains and losses for Q3 2023 totaled ¥2,263,022.52, significantly lower than the previous year's amount[6]. - The company reported an increase in credit limits from suppliers, contributing to improved cash flow from operating activities[9].