Financial Performance - The company's operating revenue for Q3 2023 was ¥73,468,953, a decrease of 19.01% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥31,991,793, down 10.07% year-on-year[5]. - The basic earnings per share for Q3 2023 was ¥0.40, representing a decline of 32.20% compared to the previous year[5]. - The company's revenue for the first nine months of 2023 was CNY 91,650,782.55, a decrease of 34.02% compared to CNY 138,904,630.56 in the same period of 2022[10]. - Total revenue for Q3 2023 was approximately ¥235.94 million, a decrease of 15% compared to ¥277.08 million in the same period last year[21]. - The net profit for Q3 2023 was CNY 115,702,784.10, an increase of 4.9% compared to CNY 111,135,311.29 in Q3 2022[23]. - The company recorded a total profit of CNY 131,875,776.35 for Q3 2023, compared to CNY 127,973,367.12 in the same quarter last year[23]. Assets and Liabilities - Total assets as of September 30, 2023, reached ¥1,489,717,734, an increase of 134.82% from the beginning of the year[5]. - The company's total liabilities increased to approximately ¥68.43 million from ¥62.92 million, reflecting a rise in short-term and long-term obligations[20]. - The company's cash and cash equivalents increased significantly to ¥1,043.12 million from ¥241.81 million at the beginning of the year, representing a growth of over 332%[19]. - The total assets of the company reached approximately ¥1.49 billion, a substantial increase from ¥634.42 million at the start of the year[20]. - The equity attributable to shareholders rose to approximately ¥1.41 billion from ¥560.11 million, indicating strong growth in shareholder value[20]. Cash Flow - The company reported a net cash flow from operating activities of ¥129,897,458, a decrease of 7.27% compared to the previous year[5]. - The net cash flow from financing activities increased significantly to CNY 735,669,431.39, a change of 1234.61% from -CNY 64,839,158.46 in the previous year[10]. - The cash flow from operating activities netted CNY 129,897,458.25, a decrease of 7.5% compared to CNY 140,084,559.80 in Q3 2022[24]. - The total cash and cash equivalents at the end of the period reached CNY 1,042,300,107.10, up from CNY 219,346,502.12 at the end of Q3 2022[25]. Expenses and Costs - Operating expenses increased by 39.11% to CNY 21,273,130.17, primarily due to increased listing costs[10]. - Total operating costs for Q3 2023 were approximately ¥118.28 million, down 27% from ¥161.38 million in the previous year[21]. - Research and development expenses for Q3 2023 were approximately ¥17.16 million, an increase of 9% compared to ¥15.68 million in the previous year, indicating a commitment to innovation[21]. - Other income saw a significant decline of 37.66%, totaling CNY 7,905,711.06, attributed to a decrease in input tax credit amounts[10]. - The company experienced a 97.96% drop in investment income, which amounted to CNY 12,229.04, due to reduced returns from financial product investments[10]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,467, with no preferred shareholders[12]. - The top shareholder, Chen Baixiao, holds 36.38% of the shares, amounting to 29,100,000 shares[12]. Government Support and Subsidies - The company received government subsidies amounting to ¥10,241,300 during the reporting period, primarily for fiscal support[7]. - The company reported a 2941.28% increase in non-operating income, reaching CNY 7,000,000.00, mainly from increased government subsidies[10]. Inventory and Fixed Assets - The company's inventory increased by 100.79% to ¥4,412,780.74, attributed to higher material procurement[9]. - The company reported a decrease in fixed assets by 40.72% to ¥14,264,175.98, mainly due to the transfer of fixed asset renovations to construction in progress[9]. - The company has seen a 40.16% increase in construction in progress, totaling ¥192,978,510.90, due to investments in fundraising projects[9]. Other Information - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[21]. - The company did not report any net profit from mergers under common control for the current and previous periods[23]. - The company has not yet audited the Q3 2023 report[26].
国泰环保(301203) - 2023 Q3 - 季度财报