Financial Performance - The company's revenue for Q3 2023 was ¥239,051,909.79, a decrease of 27.12% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥9,380,998.15, down 84.29% year-on-year[5]. - The net profit excluding non-recurring gains and losses was ¥6,381,498.33, reflecting a decline of 88.28% compared to the previous year[5]. - The basic earnings per share were ¥0.02, representing an 86.67% decrease from the same period last year[5]. - The total operating revenue for the third quarter of 2023 was CNY 648,216,824.38, a decrease of approximately 30.8% compared to CNY 935,995,172.64 in the same period last year[20]. - The net profit for Q3 2023 was CNY 32,625,404.11, down 80.8% from CNY 170,012,055.90 in the same period last year[22]. - The operating profit for Q3 2023 was CNY 45,322,038.88, a significant decline of 77.5% compared to CNY 200,536,523.47 in Q3 2022[21]. - The total comprehensive income for Q3 2023 was CNY 31,915,320.37, down from CNY 170,056,537.64 in the same quarter last year[22]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.08, compared to CNY 0.43 in Q3 2022[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,638,028,831.88, a decrease of 0.78% from the end of the previous year[5]. - As of September 30, 2023, total assets amounted to CNY 1,638,028,831.88, slightly down from CNY 1,650,920,423.48 at the beginning of the year[16]. - Current assets decreased to CNY 798,455,230.71 from CNY 973,413,500.82, indicating a reduction of about 18%[16]. - Total liabilities decreased to CNY 307,119,689.18 from CNY 337,357,662.65, reflecting a reduction of about 8.9%[19]. - The company's equity attributable to shareholders increased to CNY 1,330,909,142.70 from CNY 1,313,562,760.83, showing a growth of approximately 1.3%[19]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥90,491,789.37, down 57.40% compared to the previous year[9]. - Cash flow from operating activities for Q3 2023 was CNY 90,491,789.37, a decrease of 57.5% from CNY 212,403,571.32 in Q3 2022[24]. - The company reported a cash inflow from investment activities of CNY 722,264,605.56 in Q3 2023, compared to CNY 6,656,366.06 in the previous year[24]. - The net cash flow from financing activities was -CNY 36,785,058.65 in Q3 2023, compared to -CNY 232,926,266.68 in Q3 2022[25]. - The cash and cash equivalents at the end of Q3 2023 were CNY 166,970,621.92, a decrease from CNY 171,083,082.58 at the end of Q3 2022[25]. - The company's cash and cash equivalents were CNY 166,970,621.92, down from CNY 249,953,409.00, representing a decline of approximately 33%[16]. Inventory and Receivables - Inventory levels decreased to CNY 186,069,025.70 from CNY 220,937,630.05, a decline of about 15.8%[16]. - The company reported accounts receivable of CNY 307,911,114.41, down from CNY 327,286,154.04, indicating a decrease of approximately 5.9%[16]. Other Information - The company experienced a 67.71% reduction in financial expenses, primarily due to decreased exchange gains[9]. - The company's intangible assets increased by 75.21% to ¥116,786,463.90, attributed to new land purchases[9]. - The number of ordinary shareholders at the end of the reporting period was 13,939[10]. - The company has no new product launches or significant technological advancements reported in this quarter[19]. - There are no updates on market expansion or mergers and acquisitions mentioned in the report[19]. - The total operating costs for Q3 2023 were CNY 600,679,458.50, a decrease of 19.7% compared to CNY 747,513,545.95 in Q3 2022[21]. - The company experienced a foreign exchange impact of CNY 4,115,144.57 on cash and cash equivalents in Q3 2023[25].
万祥科技(301180) - 2023 Q3 - 季度财报