威力传动(300904) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was CNY 125,255,000, a decrease of 43.94% compared to CNY 223,426,000 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 2,114,984, down 92.45% from CNY 28,013,260 in the previous year[5]. - Basic earnings per share for Q3 2023 was CNY 0.04, a decline of 92.31% compared to CNY 0.52 in the same period last year[5]. - The total operating profit for Q3 2023 was CNY 14,929,174.70, a decrease from CNY 43,968,874.75 in Q3 2022, representing a decline of approximately 66.1%[27]. - The net profit for Q3 2023 was CNY 24,792,496.21, down from CNY 45,516,138.15 in Q3 2022, indicating a decrease of about 45.6%[28]. - The basic and diluted earnings per share for Q3 2023 were both CNY 0.44, compared to CNY 0.84 in the same period last year, reflecting a decline of 47.6%[28]. Assets and Liabilities - Total assets as of September 30, 2023, were CNY 1,513,109,078.24, representing a 46.72% increase from CNY 1,031,275,975.16 at the end of the previous year[6]. - The company's total assets increased by 33.33% to 72,383,232.00 CNY due to the issuance of new shares[11]. - Current assets amounted to 991,295,182.05 CNY, up from 569,612,760.81 CNY, indicating a growth of about 74.1%[21]. - The company's total liabilities decreased to 687,377,823.82 CNY from 752,828,556.16 CNY, a reduction of approximately 8.7%[23]. Cash Flow - The company reported a net cash flow from operating activities of CNY -65,374,040, a significant decrease of 961.16% compared to the previous year[5]. - Cash inflows from operating activities totaled CNY 512,080,579.04, slightly down from CNY 527,216,011.33 in Q3 2022, a decrease of about 2.7%[31]. - Cash outflows from operating activities amounted to CNY 577,454,627.87, compared to CNY 533,376,630.29 in Q3 2022, an increase of approximately 8.3%[31]. - The net cash flow from operating activities was negative CNY 65,374,048.83, worsening from negative CNY 6,160,618.96 in Q3 2022[31]. - The net increase in cash and cash equivalents was 342,274,838.02 CNY, a significant improvement of 46,549.46% from -736,875.82 CNY in the same period last year[12]. - Cash and cash equivalents stood at 405,442,193.52 CNY, a substantial increase from 96,349,125.42 CNY at the beginning of the year, indicating a growth of approximately 320.5%[21]. - The company reported a significant increase in cash inflows from financing activities, totaling CNY 787,414,975.96, compared to CNY 238,647,324.68 in Q3 2022, an increase of approximately 229.5%[32]. - The cash flow from investing activities was negative CNY 105,818,064.92, an improvement from negative CNY 172,126,304.79 in Q3 2022[31]. Expenses and Costs - Total operating costs increased to 401,829,349.53 CNY from 380,182,716.65 CNY, reflecting an increase of about 5.5%[25]. - Research and development expenses rose to 30,679,751.17 CNY, compared to 23,791,875.06 CNY in the previous period, marking an increase of approximately 28.9%[26]. - Sales expenses rose by 65.48% to 9,521,113.99 CNY, primarily due to an increase in the number of sales personnel and related travel expenses[11]. Government Support and Adjustments - The company received government subsidies amounting to CNY 5,134,876.88 in Q3 2023, contributing to non-recurring gains[8]. - The company has adjusted its accounting policies effective January 1, 2023, impacting the financial statements[6]. Shareholder Information - The company announced a cash dividend of 4.50 CNY per 10 shares, totaling 32,572,454.40 CNY for the first half of 2023[18]. - The company officially listed on the Shenzhen Stock Exchange on August 9, 2023, with a total share count of 72,383,232 shares after the IPO[17]. Investment Performance - The company experienced a 41.93% reduction in investment losses, amounting to -2,768,731.07 CNY compared to -4,767,735.54 CNY in the previous year[11]. - The company reported a net loss from investments of 2,768,731.07 CNY, an improvement from a loss of 4,767,735.54 CNY in the previous period[26]. Other Information - The company has not undergone an audit for the Q3 2023 report[34].