光威复材(300699) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥523,234,451.18, a decrease of 16.39% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was ¥207,978,306.40, down 15.01% year-on-year[3]. - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥121,569,139.93, a significant decline of 48.29% compared to the previous year[3]. - In the first three quarters of 2023, the company achieved operating revenue of CNY 1.747 billion, a decrease of 9.97% compared to the same period last year[12]. - The net profit attributable to shareholders for the first three quarters was CNY 621 million, down 17.20% year-on-year[12]. - In Q3 2023, the company reported operating revenue of CNY 523 million, a decline of 16.39% year-on-year, with a net profit of CNY 208 million, down 15.01% year-on-year[12]. - Total operating revenue for Q3 2023 was CNY 1,746,936,857.44, a decrease of 9.95% compared to CNY 1,940,299,862.99 in the same period last year[17]. - Net profit for Q3 2023 was CNY 594,682,898.79, down 18.88% from CNY 732,733,053.62 in Q3 2022[18]. - Earnings per share decreased to CNY 0.7483 from CNY 0.9047 in the previous year[18]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥6,627,538,954.73, reflecting a 4.70% increase from the end of the previous year[3]. - Total assets as of September 30, 2023, amounted to CNY 6.628 billion, compared to CNY 6.330 billion at the beginning of the year[13]. - The company's total liabilities decreased to CNY 1,327,578,443.88 from CNY 1,335,945,553.45 year-over-year[17]. - The total equity attributable to shareholders increased to CNY 5,212,391,787.29 from CNY 4,879,999,048.30[17]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥232,259,589.95, showing a substantial increase of 267.19%[3]. - The cash inflow from operating activities for the current period is CNY 1,616,119,069.85, compared to CNY 1,596,337,490.81 in the previous period, showing a slight increase[19]. - The net cash flow from operating activities is CNY 232,259,589.95, a significant improvement from a negative CNY 138,919,536.42 in the same period last year[19]. - Cash inflow from investment activities totals CNY 3,249,932,122.90, up from CNY 2,537,384,320.59 in the previous year[20]. - The net cash flow from investment activities is negative CNY 764,601,202.17, worsening from negative CNY 429,654,568.91 year-over-year[20]. - Cash inflow from financing activities is CNY 214,206,133.45, compared to CNY 76,800,000.00 in the previous period[20]. - The net cash flow from financing activities is negative CNY 155,321,275.58, an improvement from negative CNY 195,814,212.00 last year[20]. - The ending balance of cash and cash equivalents is CNY 606,163,314.89, down from CNY 1,187,090,374.94 in the previous year[20]. - The company received CNY 3,241,700,000.00 from the recovery of investments, an increase from CNY 2,525,010,000.00 in the previous period[19]. - The company paid CNY 368,288,009.03 in dividends and interest, compared to CNY 260,772,362.00 in the previous year[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 55,040[7]. - The largest shareholder, Weihai Guangwei Group Co., Ltd., held 37.25% of the shares, totaling 309,641,504 shares[8]. Research and Development - The company is actively advancing R&D projects and product validations as per project requirements, despite challenges in the civil carbon fiber business[12]. - Research and development expenses for Q3 2023 were CNY 115,423,938.81, down from CNY 162,209,292.49 in the same quarter last year[17]. Government Subsidies - The company received government subsidies amounting to ¥98,697,009.00 in Q3 2023, primarily related to a project on carbon fiber applications[4]. Segment Performance - The fiber segment generated revenue of CNY 1.105 billion, an increase of 1.69% year-on-year, while the energy new materials segment saw a revenue drop of 36.44% to CNY 340 million[12]. - The composite technology segment reported revenue of CNY 67.9 million, a significant increase of 47.22% year-on-year[12].