华业香料(300886) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥62,998,523.91, a decrease of 0.07% compared to the same period last year[5] - The net profit attributable to shareholders was -¥2,483,989.98, a decline of 142.25% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥3,020,989.18, down 161.54% from the previous year[5] - The company's basic and diluted earnings per share were both -¥0.0333, reflecting a decrease of 142.21% year-on-year[5] - Operating profit for the third quarter was reported at -¥1,091,542.07, a decline from a profit of ¥24,759,836.26 in the previous year[24] - The company reported a net loss of ¥1,242,744.87 for the quarter, compared to a profit of ¥24,683,946.57 in the same quarter last year[24] - The net profit for the third quarter of 2023 was -763,625.50 CNY, compared to a profit of 22,246,090.47 CNY in the same period last year, indicating a significant decline[26] - Basic and diluted earnings per share were both -0.0102 CNY, down from 0.2984 CNY in the previous year[26] - The total comprehensive income for the period was -763,625.50 CNY, compared to 22,246,090.47 CNY in the same period last year[26] Cash Flow and Assets - The net cash flow from operating activities increased by 167.25% to ¥41,529,441.48 for the year-to-date period[12] - The net cash flow from investing activities was -¥75,551,727.94, an increase of 380.30% compared to the previous year[12] - Cash and cash equivalents were reported at ¥72,763,112.28, down from ¥117,242,080.08, indicating a significant drop in cash reserves[23] - Total cash and cash equivalents at the end of the period were 72,763,112.28 CNY, compared to 68,501,570.98 CNY at the end of the previous year[28] - Current assets totaled ¥300,055,269.33, a decrease from ¥318,989,959.18 at the start of the year, indicating a reduction in liquidity[23] - The company's total assets as of September 30, 2023, amounted to ¥600,037,674.88, down from ¥616,169,061.01 at the beginning of the year[23] - The company's total liabilities decreased to ¥57,371,750.03 from ¥76,095,738.27, showing a reduction in financial obligations[23] - Inventory levels decreased to ¥100,783,697.03 from ¥110,586,877.95, reflecting a reduction in stock[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 7,000[14] - The top 10 shareholders hold a combined 70.75% of the shares, with the largest shareholder, Hua Wenliang, owning 28.28%[14] - The company’s major shareholders include Xu Jiping with 16.08% and Fan Yiyi with 11.24%[14] - A total of 25,243,400 shares, representing 33.86% of the total share capital, were released from restrictions and became tradable on September 19, 2023[19] - The actual tradable shares from the recent release amount to 9,430,850, which is 12.65% of the total share capital[19] - The company’s total restricted shares at the beginning of the period were 41,410,850, with 25,243,400 released during the period[17] Management and Strategic Initiatives - The company plans to invest 221 million RMB in a new project to produce 3,230 tons of spices annually, with a construction period of 24 months[18] - The company aims to enhance its market share and competitiveness in the spice industry through the new production project[18] - The company has completed the cancellation of an investment fund due to market fluctuations, which had not commenced substantial operations[19] - The company’s management has undergone changes, with the resignation of the vice president and board secretary due to personal reasons[18] Expenses and Costs - The company's management expenses increased by 23.51% to ¥26,305,302.85 due to the accrual of share-based payment expenses[10] - Total operating costs for the third quarter were ¥200,784,905.53, up from ¥165,229,873.85, reflecting a significant increase in costs[24] - Research and development expenses for the quarter were ¥9,943,578.45, slightly up from ¥9,907,838.01, indicating continued investment in innovation[24] - The investment income decreased by 45.06% to ¥853,582.69, primarily due to reduced financial product returns[11] Audit and Reporting - The company has not undergone an audit for the third quarter report[29]