Yongfu(SZ:300712)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 358,507,144.80, a decrease of 39.24% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 6,236,252.84, down 51.67% year-on-year[5]. - The basic earnings per share decreased by 52.06% to CNY 0.0332[5]. - Total revenue for the current period is ¥1,219,956,595.09, a decrease of 18.3% compared to ¥1,494,451,318.69 in the previous period[35]. - Net profit for the current period is ¥29,623,594.81, a decline of 31.7% from ¥43,389,249.26 in the previous period[37]. - Basic earnings per share for the current period is ¥0.1636, down from ¥0.2992 in the previous period[39]. Assets and Liabilities - Total assets increased by 12.41% to CNY 3,801,160,616.71 compared to the end of the previous year[5]. - The total assets of the company as of September 30, 2023, were reported at CNY 3,821,855,620.88, reflecting overall growth in asset management[30]. - Total liabilities rose to ¥2,394,394,359.05, compared to ¥1,999,585,002.76 in the previous period, an increase of 19.7%[34]. - Owner's equity attributable to the parent company increased to ¥1,364,454,661.79 from ¥1,338,985,016.46, a growth of 1.9%[34]. Cash Flow - The cash flow from operating activities was CNY 925,898,732.55, a decline of 37.17% from the previous year[16]. - Operating cash flow for the current period was -377,724,291.57 CNY, a significant decline compared to 41,526,203.40 CNY in the previous period[40]. - Total cash inflow from operating activities was 925,898,732.55 CNY, down from 1,473,694,829.56 CNY year-over-year[40]. - Cash outflow from operating activities totaled 1,303,623,024.12 CNY, compared to 1,432,168,626.16 CNY in the previous period[40]. - The ending balance of cash and cash equivalents was 126,241,393.49 CNY, down from 239,175,117.18 CNY in the previous period[41]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 20,314[18]. - The top shareholder, Fuzhou Bohong Investment Management Co., Ltd., holds 24.63% of shares, totaling 46,185,486 shares, with 17,280,000 shares pledged[18]. - Fuzhou Yongfu Hengcheng Investment Management Co., Ltd. owns 18.86% of shares, amounting to 35,378,453 shares, with 4,140,000 shares pledged[18]. - Ningde Times New Energy Technology Co., Ltd. holds 7.77% of shares, equating to 14,567,942 shares[18]. Research and Development - Research and development expenses rose by 38.72% to CNY 68,652,934.38, driven by increased investment in household photovoltaic product development[12]. - Research and development expenses for the current period are ¥68,652,934.38, up 38.7% from ¥49,488,940.04 in the previous period[35]. - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[31]. Stock Incentive Plan - The report highlights that the company has implemented a stock incentive plan with specific unlocking conditions for executives[22]. - The total number of limited shares at the end of the period is 157,500 for Lin Yiwen, with 67,500 shares released during the period[22]. - The company has been actively adjusting its stock incentive plan, with recent adjustments made to the grant price and the number of shares granted[27]. - The company successfully completed the second vesting period of its restricted stock incentive plan, with 229,387.5 shares vested to 259 individuals[29]. Other Financial Metrics - The cash flow from investing activities decreased by 89.15% to CNY 5,292,615.52, primarily due to the previous year's equity transfer from a joint venture[16]. - The company experienced a 45.33% decrease in cash flow from financing activities, totaling CNY 433,020,471.30, as loan repayments reduced compared to the previous year[16]. - The company reported an investment income of ¥19,544,837.44, down from ¥27,639,863.73 in the previous period[35]. - Deferred tax assets decreased to ¥29,482,844.91 from ¥35,829,341.37, a decline of 17.7%[34].