震安科技(300767) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥209,463,125.04, a decrease of 5.77% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was ¥833,471.01, down 96.55% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥799,908.43, a decline of 96.50% compared to the previous year[6]. - Net profit for the first nine months of 2023 was 16,291,341.47, a decrease of 63,027,486.49 compared to the same period last year, reflecting a decline of 79.46% in revenue and gross margin[10]. - Total operating revenue for Q3 2023 was ¥540,488,073.48, a decrease of 17.3% compared to ¥653,360,098.27 in the same period last year[32]. - Net profit for Q3 2023 was ¥16,291,341.47, a decline of 79.5% from ¥79,318,827.96 in Q3 2022[33]. - Earnings per share for Q3 2023 were ¥0.0635, compared to ¥0.3187 in the same quarter last year[33]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥2,689,060,389.47, representing an increase of 4.94% from the end of the previous year[6]. - Total liabilities as of Q3 2023 amounted to ¥1,066,563,929.87, an increase of 13.5% from ¥939,330,705.89 at the end of the previous year[32]. - The total number of common shareholders at the end of the reporting period is 21,055[11]. - The largest shareholder, Beijing Huachuang Sanxin Investment Management Partnership, holds 20.25% of the shares, totaling 50,072,944 shares[11]. - The second-largest shareholder, Li Tao, holds 19.32% of the shares, totaling 47,754,030 shares, with 35,815,522 shares under lock-up[11]. - The total number of restricted shares at the beginning of the period was 37,879,661, with 7,087 shares released during the period, resulting in 37,872,574 restricted shares at the end[13]. - Total liabilities increased significantly, with long-term borrowings rising by 65.13% to ¥115,733,787.27, driven by increased financing needs[9]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥32,371,859.05 for the year-to-date period, reflecting a 27.69% increase in outflow compared to the previous year[6]. - Cash received from tax refunds decreased by 99.21% to 194,948.83, primarily due to the previous year's VAT refund[10]. - Cash recovered from investments rose by 101.21% to 580,000,000.00, attributed to the redemption of financial products[10]. - Total cash flow from investment activities increased by 56.62% to 628,267,003.25, driven by higher cash from investment recoveries[10]. - Cash flow from financing activities decreased by 46.29% to 319,483,005.38, mainly due to reduced fundraising from previous equity placements[10]. - The net cash flow from financing activities showed a significant decline of 95.32%, resulting in a net outflow of 18,592,590.74[10]. - The overall cash and cash equivalents decreased by 125.17% to -60,587,944.14, indicating a substantial cash outflow[10]. Research and Development - The company reported a significant increase in research and development expenses, totaling ¥31,188,823.67 for the first nine months of 2023, an increase of 81.47% year-on-year[9]. - Research and development expenses increased significantly to ¥31,188,823.67, up 81.7% from ¥17,186,462.79 in Q3 2022[32]. - The company plans to continue focusing on R&D and investment in new technologies to drive future growth[10]. - The company has postponed the implementation deadline for the R&D center construction project to September 27, 2025, without changing the project scale or funding usage[25]. Shareholder Information - The company plans to distribute a cash dividend of RMB 0.810900 per 10 shares, based on a total share capital of 247,228,687 shares[15]. - As of July 24, 2023, the dividend distribution has been completed[15]. - The remaining convertible bonds total RMB 249,444,000, with 2,494,440 bonds outstanding as of the end of Q1 2023[18]. - In Q2 2023, 358 convertible bonds were converted, totaling RMB 35,800, resulting in 752 shares of "Zhenan Technology" stock[19]. - The company has not issued any new restricted shares during the reporting period[13]. - The company has no preferred shareholders as of the reporting date[12]. - In Q3 2023, the company had 0 convertible bonds converted, with a remaining total face value of RMB 249,408,200[20]. - The conversion price for convertible bonds was adjusted from RMB 47.47 to RMB 47.39 per share, effective July 24, 2023[21]. Operational Highlights - The company completed the construction and acceptance of a new intelligent shock absorption and isolation product manufacturing base, with a total planned investment of RMB 300 million, of which RMB 279.7989 million has been invested[24]. - As of June 30, 2023, the company has used RMB 206.1623 million of the raised funds, leaving RMB 76.7024 million for working capital[24]. - Current assets totaled RMB 1,919,200,597.56, up from RMB 1,790,243,869.27 at the start of the year[29]. - Accounts receivable increased to RMB 923,758,283.04 from RMB 839,329,948.70[29]. - Inventory rose to RMB 341,965,780.99 compared to RMB 279,263,183.49 at the beginning of the year[29]. - The company’s cash and cash equivalents decreased to RMB 504,257,137.53 from RMB 569,085,637.23[29]. Financial Ratios - The weighted average return on equity was 0.05% for Q3 2023, down 1.60% from the previous year[6]. - The company's total equity was ¥1,622,496,459.60, slightly down from ¥1,623,232,887.72 in the previous year[32]. - Non-current liabilities totaled ¥383,354,499.56, up 27% from ¥302,099,970.06 in the previous year[32]. - The company's financial expenses rose to ¥18,132,533.78, an increase of 44.5% compared to ¥12,582,338.08 in Q3 2022[32].