中环海陆(301040) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥137,661,800, a decrease of 53.70% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥5,770,980, representing a decline of 146.38% year-on-year[5]. - The basic earnings per share for Q3 2023 was -0.0577, down 146.38% from the previous year[5]. - The company's operating revenue for the year-to-date period decreased by 37.98% to CNY 485,287,687.32 compared to CNY 782,407,652.18 in the same period last year, primarily due to a reduction in orders[11]. - The net profit for the year-to-date period fell by 81.18% to CNY 3,801,890.75 from CNY 20,205,886.90, mainly attributed to decreased operating revenue and increased depreciation of fixed assets from capital projects[12]. - The total profit for the year-to-date period decreased by 81.08% to CNY 4,472,814.55, mainly due to reduced operating revenue and increased depreciation[12]. - Net profit for Q3 2023 was ¥3,801,890.75, a decline of 81.2% from ¥20,205,886.90 in Q3 2022[25]. - Earnings per share for Q3 2023 was ¥0.038, compared to ¥0.2021 in the same quarter last year, reflecting a significant decrease[26]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥37,185,610, down 50.94% year-on-year[5]. - Cash flow from operating activities decreased by 50.94% to CNY 37,185,616.11, primarily due to a reduction in cash collections during the reporting period[13]. - The company's cash and cash equivalents decreased by 56.40% to CNY 206,501,668.85, attributed to the purchase of structured deposits and the maturity of notes payable[10]. - The cash inflow from operating activities totaled ¥395,989,275.93, a decrease of 25.5% from ¥531,482,530.92 in the same period last year[27]. - The net cash flow from investment activities was -209,915,820.20 CNY, a decrease of 273,340,026.54 CNY compared to the previous period[28]. - The total cash inflow from financing activities was 360,000,000.00 CNY, while the cash outflow was 248,978,898.82 CNY, resulting in a net cash flow of -5,440,028.08 CNY[28]. - The ending balance of cash and cash equivalents was 167,743,600.48 CNY, down from 345,774,230.99 CNY at the beginning of the period[28]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,689,751,984.98, a decrease of 12.37% compared to the end of the previous year[5]. - Current assets decreased to CNY 1,015,862,898.24 from CNY 1,297,465,287.40 at the beginning of the year, reflecting a decline of approximately 21.7%[20]. - Total liabilities decreased to CNY 596,215,252.68 from CNY 833,075,577.93, indicating a reduction of approximately 28.5%[21]. - The total liabilities decreased to ¥614,548,572.87 from ¥852,870,464.56 year-over-year, indicating a reduction in financial obligations[22]. - Non-current assets increased to CNY 673,889,086.74 from CNY 630,797,039.31, reflecting an increase of about 6.8%[21]. Accounting Changes - The company has implemented changes in accounting policies as per the new regulations effective from January 1, 2023[6]. - The company has adjusted its financial statements to reflect the cumulative impact of the new accounting treatment on retained earnings[6]. - Deferred tax assets increased from 6,799,185.17 CNY to 7,258,252.70 CNY due to adjustments related to the new accounting standards[30]. - The company's retained earnings were adjusted to 310,631,167.15 CNY after accounting for the cumulative impact of the new accounting standards[30]. - The total deferred tax liabilities increased to 634,406.75 CNY as a result of the adjustments made[30]. - The company implemented new accounting standards effective January 1, 2023, impacting various financial statement items[29]. Government Support and Other Income - The company received government subsidies amounting to ¥332,073.65 in Q3 2023, totaling ¥2,868,960.50 for the year-to-date[7]. - The company's other income increased by 199.55% to CNY 2,930,594.85, mainly due to an increase in government subsidies received[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,232, with the largest shareholder holding 22.57% of the shares[15]. - The company reported a total of 30,634,250.00 shares under lock-up agreements, with specific details on the release schedule for certain executives[18]. Future Outlook - The company plans to maintain its focus on high-end equipment manufacturing and market expansion strategies in the upcoming quarters[19].