Financial Performance - The company's revenue for Q3 2023 reached ¥712,189,223.26, representing a 49.77% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥62,068,762.20, an increase of 84.09% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥58,424,412.55, up 92.46% from the previous year[4] - The basic earnings per share for Q3 2023 was ¥0.23, a 64.29% increase year-on-year[4] - Net profit for the period was CNY 152,256,042.59, representing a 7.1% increase from CNY 141,242,159.80 in the same period last year[25] - Basic and diluted earnings per share were both CNY 0.58, slightly up from CNY 0.57 in the same period last year[26] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥4,794,081,375.63, reflecting a 32.46% increase from the end of the previous year[4] - The equity attributable to shareholders reached ¥2,519,029,900.16, which is a 58.79% increase compared to the end of the previous year[4] - The company's total liabilities amounted to CNY 2,252,895,681.70, up from CNY 2,023,674,007.70, reflecting an increase of about 11.3%[24] - The company reported a total current liabilities of CNY 1,471,497,247.70, which is an increase from CNY 1,363,028,064.16, representing a growth of about 8%[24] - The long-term borrowings increased to CNY 554,315,313.18 from CNY 440,622,138.28, indicating a rise of approximately 25.7%[24] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥46,868,153.03, a significant decrease of 383.62%[4] - The company reported a net cash outflow from operating activities of CNY -46,868,153.03, compared to a net inflow of CNY 16,525,093.17 in the previous period[28] - Cash and cash equivalents at the end of the period totaled CNY 727,360,725.93, significantly up from CNY 152,181,695.38 at the end of the previous period[28] - The company generated CNY 483,000,000.00 from investment cash inflows, a substantial increase from CNY 10,000,000.00 in the prior period[28] - Financing activities resulted in a net cash inflow of CNY 810,141,730.10, compared to CNY 76,480,037.86 in the previous period[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,019[8] - The company’s major shareholders include Guangdong Shenling Investment Co., Ltd. with 55,080,000 shares and Guangdong Zhongcheng Investment Partnership with 23,220,000 shares[10] - The company’s restricted shares are subject to a lock-up period, with specific release dates set for various shareholders[12] Fundraising and Investments - The company raised a total of CNY 800 million through a private placement, with CNY 618 million allocated for smart temperature control equipment manufacturing projects and CNY 182 million for the second phase of a specialized environmental system R&D and manufacturing base[13] - The company issued 24,570,024 shares in a private placement, which became tradable on October 18, 2023[17] - The company plans to adjust the investment sequence and specific amounts of the raised funds based on project progress and funding needs[13] - The company’s board of directors has the authority to make adjustments to the investment projects based on actual conditions[13] - The company received approval from the China Securities Regulatory Commission for its private placement on January 20, 2023[16] Research and Development - The company incurred research and development expenses of CNY 87,456,360.94, an increase of 28.0% from CNY 68,337,912.67 in the previous period[25] Other Financial Metrics - The weighted average return on equity for the year-to-date was 6.80%, down 2.26% compared to the previous year[4] - The company reported a government subsidy of ¥5,537,974.01 for Q3 2023, contributing to its financial performance[5] - The company’s inventory increased to CNY 696,482,349.51 from CNY 585,861,562.14, reflecting a growth of about 18.9%[23] - The company’s retained earnings rose to CNY 625,720,256.73 from CNY 529,646,423.28, indicating an increase of approximately 18.2%[24] - The company’s total non-current assets reached CNY 1,464,163,853.89, up from CNY 1,386,404,511.37, representing a growth of about 5.6%[23] - Accounts receivable rose to CNY 1,346,442,701.31 from CNY 1,062,679,381.64, indicating an increase of approximately 26.7%[23] - The company’s cash and cash equivalents increased significantly to CNY 800,648,095.56 from CNY 262,427,059.05, marking a growth of about 205.5%[23]
申菱环境(301018) - 2023 Q3 - 季度财报