力星股份(300421) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥252,336,069, representing a 7.31% increase compared to ¥235,148,000 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥21,745,980, marking a significant increase of 109.00% from ¥10,404,910 in Q3 2022[5]. - The basic earnings per share for Q3 2023 was ¥0.0740, up 107.87% from ¥0.0409 in the same quarter last year[5]. - Total operating revenue for Q3 2023 reached ¥749,998,169.24, an increase of 5.4% compared to ¥707,679,207.37 in Q3 2022[28]. - Net profit for Q3 2023 was ¥57,044,779.07, representing a 41.6% increase from ¥40,278,085.01 in Q3 2022[29]. - The total comprehensive income for Q3 2023 was CNY 58,164,143.86, an increase from CNY 44,552,415.21 in Q3 2022, representing a growth of approximately 30.5%[30]. - Basic earnings per share for Q3 2023 increased to CNY 0.1940 from CNY 0.1377 in Q3 2022, reflecting a rise of about 40.9%[30]. Cash Flow - The company reported a net cash flow from operating activities of ¥26,568,290, a substantial increase of 207.96% compared to the previous year[5]. - The net cash flow from operating activities increased to ¥26,568,291.70, a significant improvement of 207.96% compared to the previous period, primarily due to increased customer payments received[13]. - The net cash flow from investing activities decreased to -¥34,853,611.87, representing a decline of 79.40% from the previous period, mainly due to increased payments for long-term asset purchases[13]. - The net cash flow from financing activities surged to ¥80,127,163.94, a remarkable increase of 5954.40% compared to the previous period, driven by increased bank borrowings to meet funding needs[13]. - The company reported a net cash flow from financing activities of CNY 80,127,163.94, a significant increase from CNY 1,323,452.91 in the previous year[32]. - Cash inflow from sales of goods and services reached CNY 515,869,629.09, up from CNY 410,862,039.79 in the previous year, indicating an increase of approximately 25.5%[31]. - The company incurred cash outflows of CNY 364,734,275.38 for purchasing goods and services, compared to CNY 322,548,965.41 in the same period last year, reflecting an increase of approximately 13.1%[32]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥1,876,487,404.77, reflecting a 4.95% increase from ¥1,787,917,895.80 at the end of the previous year[5]. - Current assets as of September 30, 2023, totaled ¥949,625,700.97, compared to ¥854,379,383.03 at the beginning of the year, marking an increase of 11.1%[25]. - The company's cash and cash equivalents increased to ¥192,163,603.26 from ¥120,425,995.12, a growth of 59.6%[25]. - Total liabilities increased to ¥572,993,524.81 from ¥518,742,047.30, representing a rise of 10.5%[26]. - The company's total equity attributable to shareholders increased by 2.70% to ¥1,303,493,879.96 from ¥1,269,175,848.50 at the end of the previous year[5]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,328, with no preferred shareholders having restored voting rights[15]. - The largest shareholder, Shi Xianggui, holds 22.71% of the shares, amounting to 66,760,075 shares, with 50,070,056 shares subject to lock-up[15]. Strategic Initiatives - The company plans to continue expanding its market presence and investing in new product development to drive future growth[5]. - The company’s technology center has been recognized as a national enterprise technology center, enhancing its innovation capabilities and core competitiveness[20]. - The company received approval from the China Securities Regulatory Commission for a specific stock issuance, but the approval expired without completion due to market conditions[21]. - The company plans to issue convertible bonds to unspecified investors, as approved in the recent board meetings[22]. Other Financial Metrics - The company experienced a 155.16% increase in prepayments to suppliers, totaling ¥18,213,029.50, due to increased procurement needs[10]. - Short-term borrowings rose by 74.95% to ¥280,147,638.88, primarily due to increased bank loans to meet funding needs[10]. - The company's R&D expenses for Q3 2023 were ¥42,466,264.76, slightly down from ¥44,088,606.96 in Q3 2022[29]. - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of ¥350,718.61, down 74.12% from the previous period due to exchange rate volatility[13]. - The company has not undergone an audit for the Q3 2023 report[34].