Financial Performance - The company's revenue for Q3 2023 was ¥64,753,495.47, a decrease of 22.43% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥3,301,538.38, down 72.31% year-on-year[5]. - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥1,997,844.29, a decline of 81.59% compared to the previous year[5]. - Total operating revenue for Q3 2023 was ¥219,738,641.99, a decrease of 4.8% compared to ¥231,063,105.84 in Q3 2022[25]. - Operating profit for Q3 2023 was ¥18,656,957.05, a decline of 46.9% from ¥35,169,970.61 in Q3 2022[25]. - Net profit for the period was ¥19,028,650.49, down 46.3% compared to ¥35,439,376.05 in the previous year[25]. - The net profit for the third quarter of 2023 was ¥18,380,146.07, a decrease of 42.7% compared to ¥32,078,056.53 in the same period last year[27]. - Basic earnings per share for the third quarter were ¥0.1665, down 42.6% from ¥0.2907 in the previous year[27]. Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date was ¥3,081,629.43, a significant drop of 91.14%[5]. - Total cash received from operating activities decreased by 92.68% to ¥647,018.04 compared to ¥8,844,663.27 in the same period last year, primarily due to fewer government subsidies and related cash transactions[14]. - Cash and cash equivalents decreased significantly from ¥115,283,791.31 to ¥24,210,199.03, a drop of 78.9%[22]. - Cash inflow from operating activities was ¥228,848,678.30, down 13.5% from ¥264,407,263.96 year-on-year[29]. - The company experienced a net cash outflow of ¥91,022,217.24 during the quarter[30]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥822,875,655.54, reflecting a 5.68% increase from the end of the previous year[5]. - Total current assets decreased to ¥462,977,011.19 from ¥559,153,954.25, a reduction of 17.2%[22]. - Total non-current assets increased to ¥359,898,644.35 from ¥219,472,748.52, an increase of 63.9%[22]. - Total liabilities rose to ¥332,337,499.55, up from ¥298,059,262.05, reflecting an increase of 11.5%[23]. - Total equity attributable to shareholders increased to ¥490,538,155.99 from ¥480,567,440.72, a growth of 2.0%[23]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 7,233, with no preferred shareholders having restored voting rights[16]. - The largest shareholder, Cui Wuhong, holds 28.63% of the shares, totaling 31,597,270 shares[16]. - The total number of restricted shares at the end of the period increased to 52,016,718 shares, with 13,021,483 shares added during the reporting period due to the 2023 restricted stock incentive plan[19]. Investment and Expenses - The company reported a significant reduction in cash and cash equivalents, down 79.00% to ¥24,210,199.03 due to decreased fundraising[8]. - The company’s financial expenses decreased by 70.43% to ¥430,359.64, due to lower loan amounts and interest rates compared to the previous year[11]. - Cash spent on acquiring fixed assets, intangible assets, and other long-term assets increased by 71.26% to ¥142,329,329.22, compared to ¥83,106,982.58 in the previous year, driven by higher expenditures on infrastructure and equipment[14]. - Cash outflow from investing activities was ¥420,681,773.77, an increase of 9.8% compared to ¥383,106,982.58 in the previous year[30]. Taxation - Tax refunds received amounted to ¥14,445,206.29, marking a 100% increase as the company received corporate income tax refunds and VAT credits during the reporting period[14]. - Cash paid for various taxes decreased by 44.99% to ¥7,026,228.37 from ¥12,772,060.35 in the previous year, attributed to lower VAT and corporate income tax payments[14]. Audit and Reporting - The company did not report any net profit from subsidiaries during the current or previous periods[27]. - The company has not undergone an audit for the third quarter report[31].
邵阳液压(301079) - 2023 Q3 - 季度财报