Financial Performance - The company's revenue for Q3 2023 was ¥351,705,586.37, representing a 5.48% increase compared to the same period last year[3]. - Net profit attributable to shareholders decreased by 45.69% to ¥30,282,493.79 in Q3 2023, and year-to-date net profit decreased by 40.89% to ¥77,370,196.67[3]. - The basic earnings per share for Q3 2023 was ¥0.17, down 54.05% year-on-year[3]. - Total operating revenue for Q3 2023 was CNY 850,310,319.94, a decrease of 4.1% compared to CNY 888,953,646.40 in the same period last year[21]. - Net profit for Q3 2023 was CNY 74,926,531.45, down 41.7% from CNY 128,757,406.57 in Q3 2022[22]. - The total comprehensive income for the third quarter of 2023 was approximately ¥74.94 million, a decrease from ¥129.49 million in the same period last year[23]. - Basic and diluted earnings per share for the third quarter were both ¥0.43, down from ¥0.94 year-over-year[23]. Assets and Liabilities - Total assets as of September 30, 2023, increased by 8.56% to ¥3,518,406,270.32 compared to the end of the previous year[3]. - The company's total assets reached CNY 3,518,406,270.32, an increase of 8.6% from CNY 3,240,977,126.74 at the end of the previous year[20]. - Total liabilities increased to CNY 801,481,826.32, up from CNY 615,925,251.07 year-on-year[20]. - The company's total current assets amounted to 2,806,114,882.57 yuan, an increase from 2,686,441,594.51 yuan at the beginning of the year[18]. Cash Flow - Cash flow from operating activities showed a negative net amount of ¥111,977,285.26, a decrease of 33.24% year-to-date[3]. - The net cash flow from operating activities was negative CNY 111,977,285.26, reflecting increased cash payments to employees and other operational expenses[11]. - Cash inflows from operating activities totaled approximately ¥629.70 million, compared to ¥676.57 million in the previous year, indicating a decline of about 6.9%[23]. - Cash outflows from operating activities were approximately ¥741.68 million, resulting in a net cash flow from operating activities of approximately -¥111.98 million, compared to -¥84.04 million last year[23]. - The company's cash flow from financing activities decreased by 99.82% to CNY 3,079,949.21, primarily due to a reduction in cash received from investments[11]. - Cash inflows from financing activities totaled approximately ¥152.98 million, a decrease from ¥1.80 billion in the previous year[24]. - The net cash flow from financing activities was approximately ¥3.08 million, compared to ¥1.72 billion in the previous year[24]. Receivables and Inventory - Accounts receivable increased by 32.14% to ¥891,039,165.53, attributed to slower payment settlements from some clients[9]. - Other receivables increased by 192.94% to CNY 29,775,866.55, mainly due to increased deposits and the disposal of debt properties[10]. - Inventory rose by 48.78% to CNY 44,834,428.30, attributed to the increase from business combinations[10]. - Contract assets surged by 141.91% to CNY 146,009,988.04, primarily due to an increase in completed but unsettled assets[10]. - The company’s other receivables increased to 29,775,866.55 yuan from 10,164,488.27 yuan at the beginning of the year, indicating improved collection efforts or new receivables[18]. - The company’s contract assets rose significantly to 146,009,988.04 yuan from 60,356,316.23 yuan, suggesting an increase in unbilled revenue[18]. Investments and Equity - Long-term equity investments increased by 148.34% to CNY 13,651,008.21, mainly from new investments in joint ventures[10]. - The company’s total equity attributable to shareholders increased by 1.71% to ¥2,652,989,532.50 compared to the end of the previous year[3]. - The company completed the acquisition of 55% equity in Hangzhou Southwest Testing Technology Co., Ltd. for a total price of 80.9 million yuan, utilizing 76.4 million yuan of raised funds[16]. Operational Costs and Expenses - Total operating costs increased to CNY 798,154,437.24, up 8.7% from CNY 734,584,201.14 year-on-year[21]. - The company reported a 46.26% decrease in operating profit to CNY 79,245,824.75, driven by reduced operating income and increased share-based payments[11]. - Research and development expenses for the quarter were CNY 56,331,464.56, an increase from CNY 50,329,609.93 in the previous year[21]. - Financial expenses decreased by 83.50% to CNY 145,955.18, mainly due to interest income from cash management of raised funds[11]. Shareholder Information - The company has released 41,439,225 shares from lock-up, with 3,327,300 shares remaining under lock-up until February 29, 2024[15]. - The company has a total of 64,527,638 shares under lock-up, with a release ratio of 40% for the first 12 months[15]. - The company has successfully transitioned several shares to public circulation as of August 31, 2023, enhancing liquidity for shareholders[14]. Other Information - The company's cash and cash equivalents decreased to 283,085,126.96 yuan from 508,436,777.10 yuan at the beginning of the year[18]. - The company's goodwill increased by 284.89% to CNY 67,374,071.20, primarily due to goodwill recognized from business combinations[10]. - The company reported a significant increase in construction in progress, which rose to CNY 77,776,301.28 from CNY 18,956,206.90[20]. - The third quarter report was not audited[25].
建科股份(301115) - 2023 Q3 - 季度财报