飞凯材料(300398) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was CNY 708,630,447.49, representing a 19.04% increase compared to the same period last year[3]. - The net profit attributable to shareholders decreased by 46.89% to CNY 36,008,991.17 in Q3 2023[3]. - The net profit after deducting non-recurring gains and losses was CNY 50,249,429.61, down 29.55% year-on-year[3]. - Total operating revenue for Q3 2023 was CNY 2,026,148,267.40, a decrease of 9.5% compared to CNY 2,239,808,303.26 in Q3 2022[25]. - Net profit for Q3 2023 was CNY 233,467,020.45, a decline of 28.8% from CNY 328,157,972.99 in Q3 2022[26]. - Earnings per share for Q3 2023 were CNY 0.40, compared to CNY 0.62 in Q3 2022, indicating a decrease of 35.5%[27]. Assets and Liabilities - The total assets as of September 30, 2023, were CNY 6,639,214,786.28, an increase of 5.15% from the end of the previous year[4]. - Total assets as of Q3 2023 amounted to CNY 6,639,214,786.28, an increase from CNY 6,314,013,135.15 in the previous year[23]. - Total liabilities increased to CNY 2,606,476,398.17 in Q3 2023, compared to CNY 2,495,163,549.04 in Q3 2022, marking an increase of 4.5%[22]. - As of September 30, 2023, the company's total current assets amounted to CNY 3,541,872,375.30, an increase from CNY 3,390,316,306.10 at the beginning of the year, reflecting a growth of approximately 4.48%[20]. Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 160,571,914.56, a decrease of 48.55%[3]. - Operating cash inflow for the period was CNY 2,428,623,723.67, down from CNY 2,694,490,970.41 in the previous period, representing a decrease of approximately 9.9%[30]. - Net cash flow from operating activities was CNY 160,571,914.56, a decline of 48.5% compared to CNY 312,087,262.32 in the previous period[30]. - Cash inflow from financing activities was CNY 1,173,889,040.02, slightly down from CNY 1,176,649,033.41 in the previous period[31]. - Net cash flow from financing activities decreased by 66.3% to CNY 62,804,267.87 from CNY 186,286,577.26 in the previous period[31]. Investments - The company's financial expenses increased by 46.48% to CNY 41,295,502.64 due to higher borrowing costs[10]. - The investment income for the year-to-date period was CNY 22,568,407.23, a significant increase of 127.96%[10]. - The company reported an investment income of CNY 22,568,407.23 for Q3 2023, significantly higher than CNY 9,900,253.19 in the same period last year[26]. - Cash paid for investments rose significantly by 419.32% to ¥102,864,000.00, reflecting new investments made during the reporting period[11]. - Cash inflow from other investment activities surged by 149.99% to ¥1,199,402,429.29, driven by the redemption of bank wealth management products[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 46,673[13]. - The largest shareholder, Feikai Holdings Limited, holds 22.37% of the shares, totaling 118,237,504 shares[14]. - The company distributed dividends totaling ¥93,998,736.88, a 44.66% increase from ¥64,981,088.42 in the previous year[11]. - Cash paid to minority shareholders for dividends surged by 736.46% to ¥18,820,434.53, compared to ¥2,250,000.00 last year[11]. Inventory and Assets Management - The company's inventory stock decreased by 55.52% to CNY 39,562,214.70 due to the completion of the first vesting period of the restricted stock incentive plan[10]. - The company’s inventory decreased to CNY 684,573,677.86 from CNY 740,783,419.12, indicating a reduction of approximately 7.6%[20]. - The company’s long-term equity investments slightly increased to CNY 4,900,698.18 from CNY 4,899,663.58, reflecting a marginal growth[20]. Research and Development - Research and development expenses for Q3 2023 were CNY 140,657,565.01, down from CNY 151,961,188.36 in Q3 2022, reflecting a decrease of 7.4%[26]. - The company is focusing on market expansion and new product development to drive future growth and enhance competitive advantage[28].