天地数码(300743) - 2023 Q3 - 季度财报

Report Overview Important Notice The board, supervisory board, and senior management guarantee the report's accuracy and completeness; financial information is unaudited - The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[3] - The company's principal, head of accounting, and head of accounting department declare and guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[3] - The third-quarter report is unaudited[4] Key Financial Data Key Accounting Data and Financial Indicators Operating revenue and net profit attributable to shareholders grew year-on-year, with strong year-to-date non-recurring net profit and operating cash flow Key Financial Indicators Year-on-Year Change (Third Quarter) | Indicator | Current Period (Yuan) | Year-on-Year Change | | :--- | :--- | :--- | | Operating Revenue (Yuan) | 167,740,280.18 | 15.03% | | Net Profit Attributable to Shareholders (Yuan) | 13,074,004.01 | 12.67% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items (Yuan) | 12,147,885.00 | -12.03% | | Basic Earnings Per Share (Yuan/share) | 0.10 | 11.11% | | Diluted Earnings Per Share (Yuan/share) | 0.09 | 0.00% | | Weighted Average Return on Net Assets | 2.71% | -0.08% | Key Financial Indicators Year-on-Year Change (Year-to-Date) | Indicator | Year-to-Date (Yuan) | Year-on-Year Change | | :--- | :--- | :--- | | Operating Revenue (Yuan) | 463,070,740.80 | 5.04% | | Net Profit Attributable to Shareholders (Yuan) | 39,942,055.37 | 45.68% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items (Yuan) | 37,235,881.14 | 34.00% | | Net Cash Flow from Operating Activities (Yuan) | 82,271,407.95 | 70.10% | | Basic Earnings Per Share (Yuan/share) | 0.29 | 45.00% | | Diluted Earnings Per Share (Yuan/share) | 0.28 | 40.00% | | Weighted Average Return on Net Assets | 8.52% | 1.76% | Balance Sheet Status at Period End | Indicator | End of Current Period (Yuan) | End of Previous Year (Yuan) | Change | | :--- | :--- | :--- | :--- | | Total Assets (Yuan) | 910,179,260.90 | 893,949,030.72 | 1.82% | | Owner's Equity Attributable to Shareholders (Yuan) | 462,123,423.41 | 444,943,044.52 | 3.86% | Non-Recurring Gains and Losses Items and Amounts Non-recurring gains and losses totaled 926,119.01 Yuan for the quarter and 2,706,174.23 Yuan year-to-date, mainly from government grants and fair value changes - Current period non-recurring gains and losses totaled 926,119.01 Yuan[6] - Year-to-date non-recurring gains and losses totaled 2,706,174.23 Yuan[6] - Major non-recurring gains and losses items include government grants recognized in current profit or loss (year-to-date 2,202,694.51 Yuan) and gains/losses from fair value changes of financial assets held for trading (year-to-date 1,994,660.00 Yuan)[6] Changes and Reasons for Key Accounting Data and Financial Indicators Significant changes occurred in balance sheet and income statement items, driven by increased construction in progress, long-term borrowings, equity incentive obligations, and foreign exchange impacts Major Balance Sheet Item Changes and Reasons (September 30, 2023 vs December 31, 2022) | Item | Year-on-Year Change | Significant Change Explanation | | :--- | :--- | :--- | | Financial Assets Held for Trading | -100.00% | primarily due to maturity redemption of wealth management products | | Receivables Financing | 35.37% | primarily due to increase in notes receivable during the reporting period | | Construction in Progress | 10,005.91% | primarily due to increase in technical transformation projects this period | | Other Non-Current Assets | 1,069.76% | primarily due to increase in prepaid equipment purchases during the reporting period | | Financial Liabilities Held for Trading | -100.00% | primarily due to decrease in foreign exchange hedging business | | Contract Liabilities | 71.75% | primarily due to increase in advance receipts for goods this period | | Long-term Borrowings | 469.91% | primarily due to increase in long-term borrowings this period | | Treasury Stock | 374.97% | primarily due to 2023 new equity incentive restricted stock repurchase obligations | | Other Comprehensive Income | 339.55% | primarily due to foreign currency financial statement translation differences this period | Major Income Statement and Cash Flow Statement Item Changes and Reasons (January-September 2023 vs January-September 2022) | Item | Year-on-Year Change | Significant Change Explanation | | :--- | :--- | :--- | | Taxes and Surcharges | 39.84% | primarily due to increase in sales revenue, leading to increase in taxes | | Selling Expenses | 18.19% | primarily due to increase in travel and office expenses this period | | Financial Expenses | 105.42% | primarily due to decrease in exchange gains compared to the same period last year | | Investment Income | -246.06% | primarily due to forward foreign exchange settlement losses this period | | Gains from Changes in Fair Value | 159.46% | primarily due to fair value changes of financial assets held for trading | | Credit Impairment Losses | -142.30% | primarily due to reversal of bad debt provisions this period | | Asset Impairment Losses | - | primarily due to provision for inventory depreciation this period | | Income Tax Expense | 72.20% | primarily due to increase in profit this period, leading to increase in income tax | | Net Cash Flow from Operating Activities | 70.10% | primarily due to increase in cash received from sales of goods and services this period | | Net Cash Flow from Investing Activities | -260.93% | primarily due to increase in cash paid for investments by the company this period | | Net Cash Flow from Financing Activities | -97.84% | primarily due to decrease in borrowings compared to the previous period | | Net Increase in Cash and Cash Equivalents | -70.67% | primarily due to combined impact of operating, investing, and financing activities | Shareholder Information Total Number of Common Shareholders and Top Ten Shareholders' Holdings The company had 11,221 common shareholders; top shareholders include Liu Jianhai, Pan Pudun, and Han Qiong, with some shares pledged - At the end of the reporting period, the total number of common shareholders was 11,221 households[12] - Among the top ten shareholders, Liu Jianhai held 12.21%, Pan Pudun held 12.14%, and Han Qiong held 10.14%[13] - Mr. Han Qiong and Mr. Liu Jianhai are the company's actual controllers and maintain an acting in concert relationship[13] - Mr. Han Qiong holds 10,626,037 shares of restricted shares, of which 3,226,000 shares are in a pledged state[13] Changes in Restricted Shares Restricted shares increased due to executive lock-up and equity incentive programs, affecting key executives like Pan Pudun, Han Qiong, and Liu Jianhai Changes in Restricted Shares | Shareholder Name | Restricted Shares at Beginning of Period (Shares) | Restricted Shares Released This Period (Shares) | Restricted Shares Increased This Period (Shares) | Restricted Shares at End of Period (Shares) | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | :--- | | Pan Pudun | 13,914,171 | 793,980 | 3,805,748 | 16,925,939 | Executive Lock-up Shares | | Zhang Qunhua | 472,295 | 472,295 | 0 | 0 | Executive Lock-up Shares | | Han Qiong | 10,510