厚普股份(300471) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥153,830,321.01, representing a 41.02% increase compared to the same period last year[5]. - The net profit attributable to shareholders was -¥17,302,427.76, a decrease of 29.17% year-on-year[5]. - Total operating revenue for Q3 2023 reached CNY 582.62 million, an increase of 28.5% compared to CNY 453.54 million in Q3 2022[28]. - Total operating costs for Q3 2023 were CNY 609.49 million, up 20.1% from CNY 507.42 million in the same period last year[28]. - Net loss for Q3 2023 was CNY 11.08 million, a significant improvement from a net loss of CNY 47.38 million in Q3 2022[29]. - The total comprehensive income for the third quarter was -11,139,666.98 CNY, compared to -47,488,078.14 CNY in the same period last year[30]. Cash Flow and Liquidity - The cash flow from operating activities showed a significant increase of 148.09%, totaling ¥66,548,517.05[5]. - Cash received from operating activities decreased by ¥22,148,766.78 to ¥34,819,516.44, a decline of 38.88% due to the absence of repayments from related companies[14]. - The net cash flow from operating activities was 66,548,517.05 CNY, a significant improvement from -138,373,968.09 CNY in the previous year[32]. - Cash inflow from operating activities totaled 575,933,651.53 CNY, while cash outflow was 509,385,134.48 CNY[32]. - The net increase in cash and cash equivalents was ¥131,651,777.34, a substantial increase of 399.12% due to higher operating cash inflows and funds raised from a private placement[14]. - Cash and cash equivalents at the end of the period increased to 259,400,504.96 CNY from 72,623,666.95 CNY year-over-year[32]. Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥2,382,849,182.85, reflecting a 3.38% increase from the end of the previous year[5]. - The company's total assets increased to CNY 2.38 billion, compared to CNY 2.31 billion at the end of Q3 2022, reflecting a growth of 3.3%[26]. - Current liabilities decreased to CNY 969.29 million from CNY 1.12 billion, a reduction of 13.5% year-over-year[26]. - Long-term borrowings increased to CNY 70 million, up from CNY 20 million in the previous year, indicating a strategic move to leverage financing[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,240, with no preferred shareholders[16]. - The largest shareholder, Beijing Xingkai Investment Co., Ltd., holds 14.00% of the shares, totaling 56,568,100 shares[16]. - The total number of shares post-issuance will increase to 404,165,856 shares[22]. Investments and Projects - The company made a significant investment of ¥29,500,000.00 in a joint venture, marking a 742.86% increase compared to the previous period[14]. - The company’s construction in progress increased by 171.80% to ¥79,377,880.57, mainly due to investments in the hydrogen energy industrial park[10]. - The funds raised will be allocated to the "Hydrogen Core Components and Integration Workshop Construction Project," "Alkaline Electrolysis Hydrogen Production Technology Development Project," and to supplement working capital[23]. - The company is focusing on expanding its hydrogen energy technology and production capabilities[22]. Other Income and Expenses - The company recorded a significant increase in other income, which rose by 18.65% to ¥7,481,762.05, primarily due to increased government subsidies[12]. - Research and development expenses for Q3 2023 were CNY 25.47 million, a decrease of 18.4% from CNY 31.25 million in Q3 2022[28]. - Other comprehensive income for Q3 2023 showed a loss of CNY 62.19 million, compared to a loss of CNY 105.59 million in Q3 2022, reflecting an improvement in financial health[29]. Financing Activities - Cash received from financing activities increased by 142.50% to ¥24,250,000.00, driven by increased inter-company borrowing[14]. - The company received 215,999,996.44 CNY from investment and 307,350,000.00 CNY from borrowings during the financing activities[32]. - The stock issuance was approved by the China Securities Regulatory Commission, allowing for the planned capital increase[23].