天秦装备(300922) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥43,112,992.85, representing a year-on-year increase of 36.36%[5] - The net profit attributable to shareholders for Q3 2023 was ¥9,850,504.87, a significant increase of 108.95% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,194,378.46, showing a remarkable increase of 537.45% year-on-year[5] - The company reported a basic earnings per share of ¥0.06, which is a 100.00% increase compared to the previous year[5] - The net profit attributable to the parent company's shareholders for Q3 2023 was ¥18,173,966.76, a decrease from ¥23,346,933.84 in Q3 2022, representing a decline of approximately 22%[29] - Operating income for Q3 2023 was ¥21,855,220.19, compared to ¥27,430,226.68 in Q3 2022, reflecting a decrease of approximately 20%[28] - The total profit for Q3 2023 was ¥21,835,849.90, compared to ¥27,464,631.37 in Q3 2022, representing a decrease of approximately 20%[28] - The company’s basic and diluted earnings per share for Q3 2023 were both ¥0.12, down from ¥0.15 in Q3 2022, reflecting a decline of 20%[29] Cash Flow and Investments - The cash flow from operating activities for the year-to-date period reached ¥72,483,712.96, an increase of 83.20%[5] - Operating cash flow net amount rose by 83.20% to 72.48 million, driven by increased cash received from sales and other operating activities[12] - The total cash inflow from operating activities was ¥165,414,405.12, compared to ¥123,748,796.97 in the previous year, an increase of approximately 33%[32] - The cash flow from operating activities for Q3 2023 was ¥72,483,712.96, significantly higher than ¥39,566,042.71 in Q3 2022, marking an increase of about 83%[32] - The company reported a net cash outflow from investing activities of ¥173,292,234.18 in Q3 2023, contrasting with a net inflow of ¥20,735,412.57 in Q3 2022[32] - Investment income decreased by 41.85% to 2.62 million, primarily due to the use of idle funds for cash management products[11] - Investment cash flow net amount decreased by 935.73% to -173.29 million, mainly due to cash payments for fixed assets and long-term investments[12] Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥951,502,021.97, reflecting a 2.63% increase from the end of the previous year[5] - Current assets totaled ¥664,200,367.22, down from ¥743,187,671.00, indicating a decline of approximately 10.6%[24] - Total liabilities increased to ¥83,031,864.62 from ¥61,141,197.40, reflecting a rise of about 35.8%[25] - Non-current assets amounted to ¥287,301,654.75, compared to ¥183,930,836.99, showing a significant increase of about 56.4%[24] - The company’s inventory increased to ¥50,447,175.86 from ¥36,920,855.16, indicating a rise of about 36.5%[24] - The cash and cash equivalents decreased by 32.21% to ¥249,701,092.00, primarily due to increased project payments[9] - Cash and cash equivalents were reported at ¥249,701,092.00, down from ¥368,323,901.96, representing a decrease of approximately 32.2%[24] - The total cash and cash equivalents at the end of Q3 2023 were ¥249,701,092.00, down from ¥448,478,489.22 at the end of Q3 2022, a decrease of about 44%[33] Shareholder Information - The total number of common shareholders at the end of the reporting period was 18,417, with no preferred shareholders[14] - The largest shareholder, Song Jinshuo, holds 34.69% of shares, totaling 54,398,260 shares[14] - The total number of restricted shares at the beginning of the period was 71,035,275, with 3,942,546 shares released from restrictions during the period[17] Operational Changes and Future Plans - The company plans to continue expanding its market presence and investing in new technologies and products[12] - The company completed the election of the fourth board of directors and supervisory board on July 14, 2023, ensuring continuity in governance[20] - The company proposed to invest in fund shares, indicating a strategic move towards enhancing investment capabilities[21] - The third quarter report has not been audited[34] - The company will implement new accounting standards starting from 2023[34] - The board meeting was held on October 28, 2023[35] Expenses - Sales expenses increased by 73.11% to 967.18 million due to higher service fees, employee compensation, and other costs compared to the previous year[11] - Research and development expenses for Q3 2023 were ¥6,229,275.59, a decrease from ¥7,457,194.71 in Q3 2022, indicating a reduction of approximately 17%[28] - Total operating costs for Q3 2023 were ¥65,275,913.28, down from ¥77,123,957.37 in the same period last year, indicating a reduction of about 15%[28]