朗科智能(300543) - 2023 Q3 - 季度财报

Main Financial Data Key Accounting Data and Financial Indicators In Q3 2023, operating revenue saw a slight 2.21% increase, while net profit attributable to shareholders declined by 12.32%; year-to-date, revenue decreased by 25.78% and net profit by 16.31%, with Q3 non-recurring net profit up 74.49% Core Financial Indicators for Q3 and Year-to-Date 2023 | Indicator | Current Period (Q3) | YoY Change | Year-to-Date (YTD) | YoY Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 352,725,496.97 | 2.21% | 1,005,189,242.28 | -25.78% | | Net Profit Attributable to Shareholders (CNY) | 14,907,790.77 | -12.32% | 48,404,559.60 | -16.31% | | Net Profit Excluding Non-Recurring Items (CNY) | 10,328,661.10 | 74.49% | 42,361,408.09 | 0.46% | | Net Cash Flow from Operating Activities (CNY) | -- | -- | 29,086,493.75 | -86.12% | | Basic Earnings Per Share (CNY/share) | 0.0556 | -12.30% | 0.1805 | -16.32% | Key Balance Sheet Indicators at Period End | Indicator | End of Current Period | End of Prior Year | Change | | :--- | :--- | :--- | :--- | | Total Assets (CNY) | 2,030,534,404.05 | 2,085,549,962.06 | -2.64% | | Total Equity Attributable to Shareholders (CNY) | 1,131,553,697.10 | 1,095,850,230.23 | 3.26% | Non-Recurring Gains and Losses and Amounts Year-to-date, the company's total non-recurring gains and losses amounted to CNY 6.04 million, primarily from CNY 5.14 million in investment income from cash management and CNY 1.20 million in government grants, partially offset by CNY 0.71 million in fixed asset disposal losses Year-to-Date Non-Recurring Gains and Losses Items | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Disposal Gains/Losses on Non-Current Assets | -705,706.07 | Loss on disposal of fixed assets | | Government Grants Recognized in Current Profit/Loss | 1,204,157.00 | Government grants recognized in current income | | Fair Value Changes of Financial Assets/Liabilities and Investment Income | 5,136,420.10 | Cash management income | | Other Non-Operating Income and Expenses | 381,857.04 | - | | Total | 6,043,151.51 | -- | Analysis of Major Financial Indicator Changes The reporting period saw significant shifts in financial indicators, including a 487.71% surge in prepayments, a 63.95% increase in construction in progress, new CNY 30 million short-term borrowings, a 30.53% drop in operating costs, and a substantial decline in operating cash flow, while investment cash flow turned positive - Prepayments significantly increased by 487.71%, primarily due to the acquisition of intangible assets[8] - Construction in progress increased by 63.95%, mainly due to investments in convertible bond projects[8] - Other current assets surged by 337.36%, while financial assets held for trading sharply decreased by 79.93%, both primarily due to changes in cash management strategies[8] - Year-to-date, operating costs decreased by 30.53% year-on-year, consistent with business volume changes[8] - Cash received from sales of goods and rendering of services decreased by 35.04% year-on-year, primarily due to changes in business volume[8] - Cash flow from investing activities changed significantly, with CNY 390 million received from investment recovery and CNY 241 million paid for investments, both stemming from cash management operations[9] Shareholder Information Common Shareholder Holdings As of the reporting period end, the company had 21,144 common shareholders; among the top ten, Chen Jing is the largest shareholder with a 22.33% stake, and Chen Jing, Liu Peiran, Liu Xiaoxin, and Liu Xiaopeng are acting in concert - As of the reporting period end, the total number of common shareholders was 21,144[11] Top Ten Shareholders' Holdings | Shareholder Name | Holding Percentage | Number of Shares Held | Nature | | :--- | :--- | :--- | :--- | | Chen Jing | 22.33% | 59,868,900 | Domestic Natural Person | | Zheng Yong | 4.59% | 12,316,950 | Domestic Natural Person | | Liu Peiran | 4.47% | 11,973,780 | Domestic Natural Person | | Liu Xiaoxin | 3.59% | 9,635,600 | Domestic Natural Person | | Liu Xiaopeng | 2.48% | 6,640,293 | Domestic Natural Person | | UBS AG | 1.33% | 3,577,130 | Overseas Legal Entity | | Pan Shengwang | 1.17% | 3,133,072 | Domestic Natural Person | | Xiao Ling | 1.14% | 3,054,021 | Domestic Natural Person | | Guojin Quantitative Multi-Factor Stock Investment Fund | 0.75% | 2,021,300 | Other | | Shu Jinming | 0.68% | 1,825,000 | Domestic Natural Person | - Shareholders Liu Xiaoxin, Liu Peiran, and Liu Xiaopeng are relatives of the largest shareholder Chen Jing, and these four shareholders are acting in concert[12] Changes in Restricted Shares During the reporting period, the number of restricted shares held by the company's key directors, supervisors, and senior management remained unchanged, totaling 56,714,158 shares, all of which are locked-up shares for these personnel - During the current reporting period, the company's total restricted shares did not change[14] Key Restricted Shares at Period End | Shareholder Name | Restricted Shares at Period End | Reason for Restriction | | :--- | :--- | :--- | | Chen Jing | 44,901,675.00 | Locked-up shares for Directors, Supervisors, and Senior Management | | Liu Peiran | 8,980,335.00 | Locked-up shares for Directors, Supervisors, and Senior Management | | Xiao Ling | 2,290,516.00 | Locked-up shares for Directors, Supervisors, and Senior Management | | Chu Qingsong | 541,632.00 | Locked-up shares for Directors, Supervisors, and Senior Management | | Total | 56,714,158.00 | -- | Quarterly Financial Statements Financial Statements This section presents the unaudited consolidated balance sheet as of September 30, 2023, and the consolidated income statement and cash flow statement for the period from the beginning of the year to the end of the reporting period Consolidated Balance Sheet As of September 30, 2023, total assets were CNY 2.03 billion, a 2.64% decrease from the year's start; total liabilities were CNY 0.90 billion, down 9.00%; and total equity attributable to the parent company was CNY 1.13 billion, up 3.26%, indicating a stable asset-liability structure Key Balance Sheet Items | Item | September 30, 2023 (CNY) | January 1, 2023 (CNY) | Change Rate | | :--- | :--- | :--- | :--- | | Total Assets | 2,030,534,404.05 | 2,085,549,962.06 | -2.64% | | Total Liabilities | 900,453,096.72 | 989,417,871.73 | -9.00% | | Total Equity Attributable to Parent Company Shareholders | 1,131,553,697.10 | 1,095,850,230.23 | 3.26% | Consolidated Income Statement (Year-to-Date) For the first three quarters of 2023, total operating revenue was CNY 1.01 billion, a 25.78% year-on-year decrease; total operating costs were CNY 0.96 billion, down 25.71%; resulting in a net profit attributable to parent company shareholders of CNY 48.40 million, a 16.31% decline Key Income Statement Items (Year-to-Date) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | Change Rate | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,005,189,242.28 | 1,354,314,572.85 | -25.78% | | Total Operating Costs | 955,414,733.35 | 1,286,066,148.34 | -25.71% | | Operating Profit | 47,934,787.82 | 60,654,119.68 | -20.97% | | Net Profit Attributable to Parent Company Shareholders | 48,404,559.60 | 57,836,826.15 | -16.31% | Consolidated Cash Flow Statement (Year-to-Date) For the first three quarters of 2023, net cash flow from operating activities was CNY 29.09 million, a significant 86.12% year-on-year decrease due to business volume decline; net cash flow from investing activities was CNY 28.16 million (vs. CNY 84.78 million net outflow last year) due to cash management investment recovery; net cash flow from financing activities was CNY 9.17 million; and cash and cash equivalents balance at period end was CNY 0.53 billion Key Cash Flow Statement Items (Year-to-Date) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | Change Rate | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 29,086,493.75 | 209,591,337.01 | -86.12% | | Net Cash Flow from Investing Activities | 28,159,307.10 | -84,781,481.50 | Not Applicable | | Net Cash Flow from Financing Activities | 9,169,971.13 | 14,169,816.43 | -35.29% | | Net Increase in Cash and Cash Equivalents | 80,330,034.40 | 170,825,875.54 | -52.97% | Audit Report The company explicitly states that this third-quarter report is unaudited - The company's Q3 2023 report is unaudited[26]