国林科技(300786) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥126,975,324.91, representing a 77.06% increase compared to the same period last year[5]. - The net profit attributable to shareholders was ¥1,915,897.76, a decrease of 48.89% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥1,639,854.91, down 22.96% from the previous year[5]. - The company reported a net loss of ¥5,426,917.09 for the period, a decline of 145.35% compared to the previous year, primarily due to losses from subsidiaries in the development phase[11]. - The net profit for Q3 2023 was -5,426,917.09 CNY, a significant decrease compared to the net profit of 11,966,964.85 CNY in the same period last year, representing a decline of approximately 145.3%[23]. - Operating profit for Q3 2023 was -6,037,794.19 CNY, down from 14,134,943.80 CNY in Q3 2022, indicating a decrease of around 142.7%[23]. - Basic earnings per share for Q3 2023 were -0.02 CNY, compared to 0.07 CNY in Q3 2022, marking a decline of approximately 128.6%[23]. - The total comprehensive income for Q3 2023 was -5,426,917.09 CNY, a stark contrast to 11,966,964.85 CNY in the same quarter last year, reflecting a decrease of around 145.3%[23]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,749,134,927.93, reflecting a 2.44% increase from the end of the previous year[5]. - As of September 30, 2023, total assets amounted to CNY 1,749,134,927.93, an increase from CNY 1,707,444,341.21 at the beginning of the year[21]. - Current assets totaled CNY 934,460,662.15, up from CNY 908,770,602.88 at the start of the year, showing a growth of approximately 2.5%[21]. - Total liabilities decreased slightly to CNY 451,390,072.22 from CNY 452,520,510.02, indicating a reduction of approximately 0.25%[22]. - The total liabilities decreased significantly, with long-term borrowings down by 82.32% to ¥17,500,000.00, as a result of repayments made during the reporting period[10]. Cash Flow - The net cash flow from operating activities increased by 98.21% to ¥56,087,076.84, primarily due to VAT refunds received during the reporting period[13]. - Cash flow from operating activities for Q3 2023 was 56,087,076.84 CNY, an increase of 98.3% compared to 28,297,314.07 CNY in Q3 2022[24]. - The net cash flow from investing activities decreased by 32.59% to -¥108,722,171.81, mainly attributed to cash management activities during the reporting period[13]. - The net cash flow from investing activities was -108,722,171.81 CNY in Q3 2023, compared to -82,001,293.46 CNY in the same period last year, indicating a worsening of 32.5%[25]. - The net cash flow from financing activities decreased by 46.75% to ¥34,091,003.70, primarily due to a reduction in new borrowings during the reporting period[13]. - The net cash flow from financing activities was 34,091,003.70 CNY in Q3 2023, down from 64,024,127.47 CNY in Q3 2022, representing a decrease of about 46.8%[25]. - The net increase in cash and cash equivalents was -¥18,544,091.27, a decline of 279.69% compared to the previous period, also due to reduced new borrowings[13]. - The cash and cash equivalents at the end of Q3 2023 were 238,678,552.68 CNY, down from 267,964,515.94 CNY at the end of Q3 2022, indicating a decrease of approximately 10.9%[25]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,975[14]. - The largest shareholder, Ding Xiangpeng, holds 28.73% of the shares, totaling 52,870,280 shares[14]. - The top ten shareholders hold a significant portion of the shares, with the first two shareholders alone accounting for over 31% of the total shares[14]. - The company has implemented a lock-up period for major shareholders, restricting the transfer of shares to a maximum of 25% of their holdings annually[16]. Investments and R&D - The company increased the registered capital of its wholly-owned subsidiary, Qingdao Guolin Semiconductor Technology Co., Ltd., from ¥30 million to ¥45 million[17]. - The investment amount for the capital increase was ¥49,999,500, with the new registered capital of ¥15 million completed on August 22, 2023[18]. - The company reported R&D expenses of CNY 14,426,033.20, compared to CNY 13,795,209.91 in the previous year, representing an increase of approximately 4.6%[22]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]. Operating Performance - The company's operating income for the year-to-date reached ¥262,901,583.43, a 32.61% increase year-on-year, driven by higher sales from the Xinjiang company and the ozone business segment[11]. - Total operating revenue for the third quarter of 2023 reached CNY 262,901,583.43, an increase from CNY 198,249,241.16 in the same period last year, representing a growth of approximately 32.5%[22]. - Total operating costs for the third quarter were CNY 264,928,357.22, up from CNY 191,066,513.00, indicating a rise of about 38.6%[22]. - The company's net loss from credit impairment was CNY -9,353,538.13, compared to a gain of CNY 3,846,562.42 in the previous year, reflecting a significant decline in credit quality[22].