Financial Performance - Q3 2023 revenue was CNY 77,804,533.11, a decrease of 3.47% year-over-year[5] - Net profit attributable to shareholders was CNY 4,813,851.84, down 62.88% compared to the same period last year[5] - Basic earnings per share decreased by 72.17% to CNY 0.0401[5] - Total operating revenue for Q3 2023 was ¥266,571,024.11, a decrease of 0.17% compared to ¥268,029,928.32 in Q3 2022[22] - Net profit for Q3 2023 was ¥31,320,670.85, down 27.8% from ¥43,356,147.04 in Q3 2022[23] - Basic and diluted earnings per share for Q3 2023 were both ¥0.2610, compared to ¥0.4817 in Q3 2022, reflecting a decline of 45.8%[24] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 1,496,729.03, a decline of 117.35%[5] - Cash received from operating activities decreased by 39.71% to ¥2,477,412.02 compared to ¥4,109,323.24 in the same period last year, primarily due to a reduction in government subsidies received[11] - Cash flow from operating activities for Q3 2023 was negative at -¥1,496,729.03, compared to a positive cash flow of ¥8,627,746.57 in Q3 2022[24] - Cash inflow from investment activities in Q3 2023 totaled ¥283,737,955.42, with ¥282,000,000.00 coming from recovered investments[24] - The net cash flow from investment activities was -7,201,067.08 CNY, indicating a decrease compared to -16,686,111.60 CNY in the previous period[25] - The total cash inflow from financing activities was 562,087,435.49 CNY, while the cash outflow was 48,978,833.54 CNY, resulting in a net cash flow of -20,399,621.74 CNY[25] - The net increase in cash and cash equivalents for the quarter was -29,111,279.06 CNY, contrasting with a significant increase of 505,053,256.81 CNY in the previous period[25] - The ending balance of cash and cash equivalents was 381,734,287.85 CNY, down from 410,845,566.91 at the beginning of the period[25] Assets and Liabilities - Total assets as of September 30, 2023, were CNY 1,014,203,000.59, a decrease of 0.55% from the end of the previous year[5] - The total liabilities decreased to CNY 87,569,522.28 from CNY 104,116,433.82, indicating a reduction of approximately 16%[21] - The company’s non-current assets totaled CNY 165,770,462.37, up from CNY 158,695,843.33, reflecting an increase of approximately 4.3%[21] - The company reported a significant increase in long-term receivables by 58.35% to CNY 375,152.25 due to increased leasing[10] - Accounts receivable increased to CNY 260,346,165.75 from CNY 245,317,579.99, representing an increase of about 6.5%[19] - The inventory level slightly decreased to CNY 128,263,372.60 from CNY 132,356,525.66, showing a reduction of about 3.1%[19] Expenses - Sales expenses increased by 54.79% to CNY 30,270,902.54 due to higher sales personnel and activities[10] - Total operating costs for Q3 2023 increased to ¥231,193,226.83, up 6.9% from ¥216,222,535.72 in Q3 2022[22] - Research and development expenses for Q3 2023 were ¥17,943,848.02, an increase of 25.5% compared to ¥14,263,486.93 in Q3 2022[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,895[12] - The largest shareholder, Dong Jing, holds 35.33% of the shares, totaling 42,399,000 shares[12] Strategic Activities - The company is in the process of acquiring a controlling stake in Shanghai Jiano Sealing Technology Co., Ltd. and Guangzhou Jiasite Sealing Technology Co., Ltd., with the acquisition details still under negotiation[17] - The company has initiated communication with relevant parties regarding the major asset restructuring and is committed to complying with legal and regulatory requirements throughout the process[18] - The company is actively conducting due diligence and assessments for the major asset restructuring involving Shanghai Jiano and Guangzhou Jiasite[18] - The company has no new strategic financing or mergers and acquisitions reported during this period[11] Other Information - The company received government subsidies amounting to CNY 106,465.13 during the reporting period[6] - The company did not undergo an audit for the third quarter report[26]
唯万密封(301161) - 2023 Q3 - 季度财报