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海顺新材(300501) - 2023 Q3 - 季度财报
HAISHUNHAISHUN(SZ:300501)2023-10-24 16:00

Financial Performance - Q3 2023 revenue was CNY 230,204,653.07, a decrease of 1.56% year-over-year, while year-to-date revenue reached CNY 758,017,323.85, an increase of 6.17%[6] - Net profit attributable to shareholders for Q3 2023 was CNY 48,118,984.98, up 70.31% year-over-year, with year-to-date net profit at CNY 91,037,259.96, an increase of 9.32%[6] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.25, reflecting a 66.67% increase compared to the same period last year[6] - Operating income decreased by 44.67% to CNY 114,225.28, primarily due to last year's compensation received[11] - Total operating revenue for the current period reached ¥758,017,323.85, an increase of 6.1% compared to ¥713,996,348.75 in the previous period[21] - Net profit for the current period was ¥98,304,505.91, representing a 11.6% increase from ¥88,248,593.08 in the previous period[22] - Earnings per share (EPS) for the current period was ¥0.47, compared to ¥0.43 in the previous period, reflecting a 9.3% increase[22] Assets and Liabilities - Total assets as of the end of Q3 2023 were CNY 2,906,634,012.15, representing a 26.08% increase from the end of the previous year[6] - The company's total equity attributable to shareholders increased to CNY 1,836,590,507.71, a rise of 15.03% from the previous year[6] - The total liabilities increased to CNY 979,843,594.45 from CNY 625,799,118.26, reflecting a growth of approximately 56.6%[19] - The company's current assets amounted to CNY 1,215,654,891.59, up from CNY 899,431,897.55 at the start of the year, indicating a rise of about 35.2%[18] - The company's inventory increased to CNY 204,901,648.47 from CNY 193,226,079.13, showing a growth of about 6.9%[18] - The long-term borrowings decreased to CNY 65,160,846.32 from CNY 125,132,950.31, indicating a reduction of about 47.9%[19] Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net amount of CNY 3,841,952.56, down 92.88% year-to-date[6] - The net cash flow from operating activities dropped by 92.88% to CNY 3,841,952.56, attributed to increased employee compensation and tax payments[11] - Cash received from investment activities decreased by 68.57% to CNY 70,232,116.84, mainly due to reduced recovery of financial products[11] - The company issued convertible bonds, resulting in a 11623.73% increase in cash received from financing activities, totaling CNY 633,847,776.36[11] - The net cash flow from financing activities was CNY 588,141,620.31, a significant turnaround from a negative cash flow of CNY -82,212,385.12 in the previous year[11] - The ending balance of cash and cash equivalents was ¥586,489,535.06, up from ¥314,053,485.06 at the end of the previous period[24] Investment and Expenses - Investment income surged to CNY 21,526,796.95, a remarkable increase of 3613.14% compared to the previous year, primarily due to increased profits from an associated enterprise[10] - Financial expenses for Q3 2023 were CNY 11,143,921.65, a 197.33% increase year-over-year, mainly due to costs associated with convertible bond issuance[10] - The company reported a significant increase in interest income, reaching CNY 9,019,559.05, up 55.55% year-over-year[10] - The company reported a significant increase in credit impairment losses, totaling CNY 337,477.75, which is a 118.26% increase compared to the previous year[11] - Asset impairment losses reached CNY -1,657,032.85, reflecting a 512.80% increase due to higher provisions for inventory depreciation[11] - Research and development expenses increased to ¥34,173,074.35, up from ¥30,889,093.53, indicating a focus on innovation[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,355[13] - The largest shareholder, Lin Wuhui, holds 29.98% of the shares, amounting to 58,019,499 shares, with 9,600,000 shares pledged[13] Accounting and Reporting - The third quarter report has not been audited[25] - The company has implemented new accounting standards starting from 2023[25]