美瑞新材(300848) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥397,794,252.70, representing a 6.69% increase year-over-year, while the revenue for the year-to-date period decreased by 4.24% to ¥1,116,825,097.61[5] - Net profit attributable to shareholders for Q3 2023 was ¥18,244,379.69, a decrease of 28.13% compared to the same period last year, and a year-to-date decrease of 14.17% to ¥69,480,826.64[5] - Total operating revenue for Q3 2023 was CNY 1,116,825,097.61, a decrease of 4.5% compared to CNY 1,166,240,366.50 in the same period last year[21] - Net profit for Q3 2023 was CNY 68,930,449.80, a decline of 15.1% from CNY 81,260,747.01 in Q3 2022[24] - The company's basic earnings per share for Q3 2023 was ¥0.0600, down 25.00% year-over-year, with diluted earnings per share also at ¥0.0600[5] - Earnings per share for Q3 2023 was CNY 0.23, compared to CNY 0.27 in the same quarter last year[24] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥142,088,884.42, a significant increase of 568.23% compared to the same period last year[9] - The net cash flow from operating activities for the current period is ¥142,088,884.42, a significant improvement compared to the previous period's net cash flow of -¥30,346,027.66[25] - Total cash inflow from operating activities is ¥983,358,060.84, while total cash outflow is ¥841,269,176.42, resulting in a net cash inflow[25] - Cash flow from investment activities shows a net outflow of -¥449,084,996.96, a decline from the previous period's net inflow of ¥8,793,343.13[27] - Cash inflow from financing activities is ¥691,897,549.67, compared to ¥161,991,500.00 in the previous period, indicating a substantial increase[27] - The ending balance of cash and cash equivalents is ¥821,894,437.02, an increase from ¥398,977,706.73 in the previous period[27] Assets and Liabilities - Total assets as of September 30, 2023, were ¥2,938,423,981.50, reflecting a 53.44% increase from the end of the previous year[5] - Total current assets reached RMB 1,552,516,155.80, up from RMB 1,129,468,038.18, indicating a rise of 37.4%[17] - Total liabilities rose to CNY 1,456,800,436.39, compared to CNY 715,699,308.57 in the previous year[20] - The company's fixed assets amounted to CNY 170,103,572.20, slightly up from CNY 168,426,358.54[20] Shareholder Information - The company has a total of 8,326 ordinary shareholders as of the report date[10] - The top shareholder, Wang Renhong, holds 38.85% of the shares, with 87,415,875 shares pledged[11] - The total number of restricted shares decreased from 194,629,500 to 120,490,875 after the release of certain shares[14] Investments and Expenditures - The company reported a significant increase in other non-current assets by 221.74% to ¥390,087,901.40, mainly due to prepayments for ongoing projects[9] - The company reported a significant increase in prepayments, which rose to RMB 25,720,028.17 from RMB 12,108,745.92, an increase of 112.5%[17] - Cash paid for the purchase of fixed assets and intangible assets is ¥574,224,264.95, significantly higher than ¥136,710,155.92 in the previous period[27] Research and Development - Research and development expenses for Q3 2023 were CNY 53,467,008.02, an increase from CNY 51,892,623.20 in the previous year[21] Other Financial Metrics - The company's long-term borrowings increased by 924.90% to ¥433,909,787.08, primarily due to financing for ongoing construction projects[9] - The company's inventory increased by 30.74% to ¥336,581,882.82, attributed to the rise in raw materials and project engineering materials[9] - Accounts receivable rose significantly to RMB 144,313,199.40, up from RMB 43,441,204.62, marking an increase of 232.5%[17] - The deferred tax assets increased to CNY 25,605,711.54 from CNY 7,168,844.56 in the previous year[20] - The company reported an investment income of CNY 2,139,267.99, down from CNY 5,881,499.05 year-on-year[22] Regulatory and Reporting - The company is currently undergoing procedures for the registration and listing of the newly issued shares, with the application under review by the Shenzhen Stock Exchange[16] - The company has not yet audited the third-quarter report[28]