Financial Performance - The company's revenue for Q3 2023 was CNY 113,303,296.60, a decrease of 4.52% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 30,518,758.73, an increase of 8.98% year-on-year[5]. - The basic earnings per share for Q3 2023 was CNY 0.29, reflecting a growth of 7.41% compared to the previous year[5]. - Total operating revenue for Q3 2023 was CNY 304,888,309.51, a slight decrease of 0.26% from CNY 307,678,143.65 in Q3 2022[17]. - Net profit for Q3 2023 was CNY 75,739,082.12, representing an increase of 3.63% compared to CNY 73,095,145.17 in Q3 2022[19]. - Basic and diluted earnings per share increased to CNY 0.73 from CNY 0.70 year-over-year[19]. Assets and Liabilities - Total assets as of September 30, 2023, reached CNY 1,175,810,564.17, representing a 7.77% increase from the end of the previous year[5]. - The company's total equity attributable to shareholders was CNY 933,511,407.29, up 7.33% from the end of the previous year[5]. - Total current liabilities decreased from CNY 71,822,445.00 at the beginning of the year to CNY 23,000,000.00, indicating a significant reduction in short-term debt[16]. - The company’s non-current assets totaled CNY 141,217,594.06, up from CNY 125,868,409.07, showing an increase of about 12.1%[16]. - The total liabilities increased to CNY 242,299,156.88 from CNY 221,236,912.83, reflecting a growth of 9.0%[17]. Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 55,700,121.18, down 50.64% from the same period last year[9]. - The company reported a significant decrease of 93.32% in cash flow from investing activities, totaling CNY 10,686,153.16 year-to-date[10]. - Cash inflow from operating activities totaled CNY 359,439,412.42, up from CNY 292,180,921.47 in the same period last year, marking a growth of 23.0%[20]. - The net cash flow from operating activities for Q3 2023 was ¥55,700,121.18, a decrease of 50.6% compared to ¥112,853,866.50 in Q3 2022[22]. - Cash inflow from financing activities amounted to ¥377,473,685.00, a substantial increase from ¥96,708,150.94 in Q3 2022[22]. Expenses - Total operating costs decreased by 7.35% to CNY 221,093,429.64 from CNY 238,627,312.28 in the previous year[18]. - Research and development expenses were CNY 12,461,711.12, slightly up from CNY 12,191,296.33 in Q3 2022[18]. - Sales expenses decreased significantly by 32.4% to CNY 6,562,741.42 from CNY 9,663,807.47 year-over-year[18]. - The company experienced a 32.09% reduction in selling expenses, amounting to CNY 6,562,741.42 year-to-date[9]. Shareholder Information - The company reported a total of 9,636 common shareholders at the end of the reporting period[12]. - The largest shareholder, Hangzhou Zhengqiang Holdings, holds 38.25% of the shares, totaling 39,780,000 shares[12]. - The company has a total of 76,700,000 restricted shares, with 17,700,000 shares set to be released from restrictions on November 22, 2024[15]. Inventory and Receivables - The company’s inventory decreased to CNY 71,511,988.32 from CNY 74,302,480.92, a decline of approximately 3.8%[16]. - The company’s accounts receivable slightly decreased to CNY 115,567,409.33 from CNY 119,617,775.52, a reduction of approximately 3.5%[15]. Tax and Employee Payments - Tax payments increased to ¥14,955,985.78, compared to ¥7,856,737.65 in the same quarter last year[22]. - The company paid ¥57,982,946.40 in employee-related cash payments, up from ¥56,494,973.10 in Q3 2022[22]. Audit Information - The company did not undergo an audit for the Q3 report[24].
正强股份(301119) - 2023 Q3 - 季度财报