Financial Performance - The company's operating revenue for Q3 2023 was CNY 167,617,526, representing a 29.51% increase compared to CNY 129,426,667 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 7,097,902.30, a significant increase of 66.72% from CNY 4,257,385.20 in the previous year[5]. - Basic earnings per share for Q3 2023 were CNY 0.07, a 75.00% increase from CNY 0.04 in the same period last year[5]. - Operating revenue for the year-to-date was ¥450,530,762.28, a decrease of 15.85% compared to the same period last year, with Q3 revenue showing a quarter-on-quarter growth of 14.11%[10]. - Net profit attributable to shareholders decreased by 64.31% to ¥14,283,917.41 year-to-date, although Q3 net profit increased approximately 1.4 times quarter-on-quarter[11]. - Total operating revenue for the current period is ¥450,530,762.28, a decrease of 16% compared to ¥535,398,103.33 in the previous period[20]. - Net profit for the current period is ¥14,283,917.41, down 64% from ¥40,026,035.84 in the previous period[22]. - Operating profit decreased significantly to ¥13,964,679.83 from ¥43,952,172.26, indicating a decline of about 68%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 106.97%, amounting to CNY 6,530,083.30 compared to CNY 93,752,396 in the previous year[5]. - Cash flow from operating activities turned negative at -¥6,530,083.39, a decline of 106.97% compared to the previous year, due to increased operational expenses[11]. - Cash flow from investing activities improved by 57.30% to -¥28,418,608.89, primarily due to a reduction in investment products[11]. - Cash flow from financing activities showed a positive change, with net cash flow of ¥495,376.78, a 102.03% increase compared to the previous year[11]. - The company experienced a net increase in cash from financing activities of ¥495,376.78, a recovery from a net outflow of ¥24,442,589.21 in the previous period[26]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 1,091,034,501.37, reflecting a 5.88% increase from CNY 1,028,972,195.31 at the end of the previous year[5]. - Current assets totaled CNY 754,059,994.69, up from CNY 606,771,626.58, indicating a significant increase of about 24.3%[17]. - Total liabilities increased to CNY 217,640,676.23 from CNY 174,902,833.55, which is an increase of approximately 24.4%[18]. - The company's equity attributable to shareholders reached CNY 873,393,825.14, up from CNY 855,518,224.03, reflecting a growth of about 2.1%[19]. - Non-current assets decreased to CNY 336,974,506.68 from CNY 423,649,431.00, a decline of about 20.5%[18]. Inventory and Receivables - Accounts receivable increased by 47.27% to ¥191,982,355.48 compared to the previous year, primarily due to higher sales revenue[10]. - Inventory rose by 14.95% to ¥86,028,538.58, attributed to increased sales and production volume[10]. - Inventory levels increased to CNY 86,028,538.58 from CNY 74,839,315.57, indicating a rise of approximately 14.9%[17]. Accounting Policies and Adjustments - The company adjusted its accounting policies effective January 1, 2023, impacting the financial data presented in the report[5]. - The company implemented new accounting standards starting January 1, 2023, affecting deferred tax assets and liabilities, resulting in an increase of deferred tax assets by ¥1,448,862.27 and deferred tax liabilities by ¥1,391,540.95 in the consolidated balance sheet[27]. - The third quarter report for the company was not audited[28].
天禄科技(301045) - 2023 Q3 - 季度财报