帝科股份(300842) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥2,621,504,601.52, representing a 178.66% increase year-over-year[5] - Net profit attributable to shareholders was ¥89,940,735.03, a significant increase of 761.16% compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.90, reflecting a 742.86% increase year-over-year[5] - The company's operating revenue for Q3 2023 reached ¥6,096,822,299.84, a significant increase of 133.49% compared to ¥2,611,159,754.46 in the same period last year[10] - The net profit for Q3 2023 was CNY 286,949,556.61, a significant increase from CNY 12,497,507.77 in Q3 2022, representing a growth of approximately 2290%[22] - Operating profit reached CNY 319,810,322.36, compared to CNY 4,781,366.35 in the same period last year, indicating a substantial increase[22] - The total comprehensive income attributable to the parent company was CNY 292,817,780.91, compared to CNY 14,893,664.10 in Q3 2022, indicating a strong performance[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,572,788,159.48, marking a 66.09% increase from the end of the previous year[5] - The total liabilities increased significantly, with accounts payable rising by 45.03% to ¥148,490,640.59, reflecting the expansion of production and sales[10] - The company's total liabilities as of September 30, 2023, were CNY 4,330,508,576.65, compared to CNY 2,409,858,862.04 at the beginning of the year, reflecting an increase of about 79.6%[21] - The company's equity attributable to shareholders reached CNY 1,221,690,272.52, up from CNY 919,023,935.20, indicating an increase of approximately 32.9%[21] Cash Flow - The company recorded a net cash flow from operating activities of -¥952,782,745.61, a decrease of 7.43%[5] - The company reported a net cash flow from operating activities of -¥952,782,745.61, a drastic decline of 7434.56% compared to -¥12,645,496.40 in the previous year, primarily due to increased prepayments for raw materials[11] - Cash flow from operating activities was negative at CNY -952,782,745.61, compared to CNY -12,645,496.40 in Q3 2022, reflecting a deterioration in cash generation[23] - The net cash flow from financing activities was CNY 971,411,571.70, a notable increase from CNY 60,058,900.48 in Q3 2022, reflecting improved financing conditions[24] Expenses and Costs - The cost of goods sold also rose to ¥5,416,250,346.74, reflecting a 124.72% increase from ¥2,410,227,967.11, driven by expanded sales volume[10] - Total operating costs amounted to CNY 5,769,453,898.11, compared to CNY 2,603,909,821.65 in the previous year, reflecting an increase of about 121.8%[21] - Research and development expenses increased by 102.63% to ¥163,138,898.33, as the company strengthened its R&D team and innovation efforts[10] - Research and development expenses rose to CNY 163,138,898.33, up from CNY 80,509,723.58, indicating a year-over-year increase of approximately 102.5%[21] - The company’s financial expenses rose by 65.60% to ¥104,101,027.09, influenced by increased bank interest expenses and foreign exchange losses[10] Strategic Plans and Investments - The company plans to continue expanding its production capacity and exploring new market opportunities in the upcoming quarters[5] - The company plans to invest approximately RMB 400 million to establish a high-performance electronic materials R&D production base, with an annual production capacity of 5,000 tons of silver nitrate and 1,800 tons of metal powder[16] - The company aims to enhance its competitiveness in the photovoltaic and semiconductor electronic fields through this investment[16] - The investment project is expected to optimize the company’s industrial structure and strengthen the supply chain security of upstream raw materials[16] - The company’s strategic development needs are driving the establishment of the new R&D production base[16] Shareholder Information - The top 10 unrestricted shareholders hold a total of 30,488,826 shares, with the largest shareholder, Wuxi Shanghui Jia Trade Partnership, holding 4,919,200 shares[15] - The company has released 14,588,826 restricted shares during the reporting period, with 15,921,975 restricted shares remaining[15] Audit and Compliance - The company has resolved the issues highlighted in the 2022 audit report, with independent directors agreeing that the impact has been eliminated[17] - The company’s independent auditor has issued a special report confirming the elimination of the previously highlighted issues in the audit[17] - The company has not undergone an audit for the Q3 report, which may affect investor confidence in the reported figures[25]