锦浪科技(300763) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥1,390,440,779.12, a decrease of 19.41% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was ¥124,318,078.18, down 59.26% year-on-year[3]. - The basic earnings per share for Q3 2023 was ¥0.31, reflecting a decline of 62.65% compared to the previous year[3]. - Total operating revenue for Q3 2023 reached CNY 4,641,385,974.69, an increase from CNY 4,166,642,167.52 in the same period last year, representing a growth of approximately 11.4%[17]. - The company reported a net profit of CNY 833,420,249.66 for Q3 2023, compared to CNY 821,239,465.24 in the previous year, reflecting a slight increase of about 1.5%[17]. - The net profit for Q3 2023 was CNY 751,506,234.11, an increase from CNY 703,369,576.01 in Q3 2022, representing a growth of approximately 6.4%[18]. - The company reported a total comprehensive income of CNY 750,943,222.65 for Q3 2023, up from CNY 705,519,868.37 in Q3 2022, indicating a growth of around 6.4%[19]. Assets and Liabilities - Total assets at the end of Q3 2023 reached ¥20,738,733,146.68, an increase of 38.95% from the end of the previous year[3]. - Non-current liabilities totaled CNY 7,252,914,509.82 in Q3 2023, up from CNY 4,510,530,472.77, representing a growth of approximately 60.7%[16]. - The total liabilities of the company as of Q3 2023 were CNY 12,979,755,944.78, compared to CNY 10,678,672,074.63 in the previous year, indicating an increase of approximately 21.5%[16]. - The company's equity attributable to shareholders increased by 82.73% to ¥7,758,977,201.90 compared to the end of the previous year[3]. - The company's equity attributable to shareholders reached CNY 7,758,977,201.90, compared to CNY 4,245,743,815.77 in the previous year, indicating an increase of about 82.5%[16]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥772,297,173.58, showing an increase of 8.20%[3]. - Operating cash flow net amount decreased by 101.30% to -¥7,761,573.19, primarily due to increased payable amounts[8]. - Cash flow from investment activities showed a net outflow of -¥6,099,358,568.26, an increase of 143.51% attributed to investments in distributed photovoltaic power stations[8]. - Cash flow from financing activities increased by 99.83% to ¥5,894,524,052.81, mainly from targeted stock issuance and equity incentive financing[8]. - The net cash flow from operating activities was negative at CNY -7,761,573.19, a significant decline from CNY 594,991,162.32 in Q3 2022[20]. - The net cash flow from financing activities was CNY 5,894,524,052.81, up from CNY 2,949,756,460.72 in the same quarter last year, indicating a strong financing position[21]. Shareholder Information - The company’s total number of ordinary shareholders reached 60,545 by the end of the reporting period[9]. - The largest shareholder, Jinlang Holdings Limited, holds 24.93% of the shares, totaling 99,939,822 shares[9]. - The total number of restricted shares at the end of the period was 79,398,340, with 21,524,374 shares released from restrictions during the period[12]. - The company issued a total of 21,524,374 shares to specific investors on August 10, 2023, as part of a stock issuance plan[12]. - The company announced a share repurchase plan on August 30, 2023, indicating a strategic move to enhance shareholder value[13]. Expenses and Costs - Total operating costs for Q3 2023 were CNY 3,807,965,725.03, up from CNY 3,345,402,702.28, indicating a rise of about 13.8%[17]. - Sales expenses rose by 61.02% to ¥256,287,306.21 due to increased overseas service fees and advertising costs[7]. - Research and development expenses increased to CNY 238,050,311.25 in Q3 2023, compared to CNY 210,428,293.52 in the previous year, reflecting a growth of approximately 13.1%[17]. Investment and Growth Strategy - The company plans to continue expanding its market presence and product offerings as part of its growth strategy[13]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17]. - The company experienced a significant increase in trading financial assets, up 173.32% to ¥884,938,458.08 due to an increase in structured deposits[6]. - Long-term borrowings increased by 61.49% to ¥7,207,089,900.65, attributed to increased financing for subsidiary projects[6]. - The company experienced a 535.03% increase in advance receipts, reaching ¥5,482,336.18, driven by sales growth[6]. Other Financial Metrics - Other comprehensive income decreased by 55.30% to ¥455,022.66 compared to the previous year[7]. - The company's investment income decreased by 124.43% to -¥3,164,799.09, primarily due to foreign exchange fluctuations[7]. - The gross profit margin for Q3 2023 was approximately 17.8%, compared to 20.0% in the same period last year, showing a decline of about 2.2 percentage points[17]. - The cash and cash equivalents decreased to CNY 1,384,789,039.68 from CNY 1,577,007,668.78, indicating a decline of about 12.2%[14]. - The accounts receivable stood at CNY 998,091,099.50, down from CNY 1,052,732,988.78, representing a decrease of approximately 5.2%[14]. - Inventory increased to CNY 2,281,801,556.39 from CNY 2,063,816,838.61, showing a growth of around 10.6%[14]. Audit and Compliance - The third quarter report of Jinlang Technology Co., Ltd. is unaudited[23].