Financial Performance - The company's operating revenue for Q3 2023 was ¥81,480,003.92, representing a 29.50% increase compared to the same period last year[5] - The net profit attributable to shareholders was ¥1,425,278.37, showing a significant increase of 1,321.30% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥126,378.17, an increase of 108.30% compared to the previous year[5] - Total operating revenue for the current period is ¥193,239,923.23, a decrease of 16.4% from ¥231,057,807.05 in the previous period[21] - Total operating costs decreased to ¥201,790,325.77 from ¥234,583,642.53, representing a reduction of 14.0%[21] - Operating profit for the current period is ¥2,129,278.07, down 47.8% from ¥4,081,447.51 in the previous period[21] - Net profit for the current period is ¥3,902,917.14, a decline of 29.0% compared to ¥5,489,277.25 in the previous period[22] - Basic and diluted earnings per share decreased to ¥0.0340 from ¥0.0515, reflecting a drop of 34.0%[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,342,177,323.23, reflecting a 4.32% increase from the end of the previous year[5] - As of September 30, 2023, total assets amounted to 1,342,177,323.23 yuan, an increase from 1,286,609,008.68 yuan at the beginning of the year[19] - Total liabilities reached 413,805,800.69 yuan, up from 359,679,073.66 yuan at the beginning of the year[19] - The company's equity attributable to shareholders was 906,534,855.58 yuan, a slight decrease from 908,588,801.75 yuan at the start of the year[19] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥32,757,294.63, a 56.73% increase compared to the same period last year[9] - Cash flow from operating activities showed a net outflow of ¥32,757,294.63, an improvement from a net outflow of ¥75,703,097.49 in the previous period[23] - The net cash flow from investment activities was -¥75,115,012.03, mainly due to significant expenditures on the new building construction[10] - Investment activities resulted in a net cash outflow of ¥75,115,012.03, compared to a net inflow of ¥2,951,271.06 in the previous period[23] - The net cash flow from financing activities was -¥1,052,120.88, a 100.20% decrease compared to the previous year, as there were no new fundraising activities this period[10] - Financing activities generated a net cash outflow of ¥1,052,120.88, a significant decrease from a net inflow of ¥531,461,429.69 in the previous period[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,374[11] - The top three shareholders hold the following percentages: Yu Yongfang at 17.35% (19,782,000 shares), Ye Jianbiao at 16.76% (19,110,000 shares), and Zhang Zhongcan at 11.69% (13,335,000 shares)[11] - A total of 33,303,000 shares were released from restrictions on March 7, 2023, accounting for 29.20% of the company's total share capital[13] - The company distributed a cash dividend of RMB 0.52 per 10 shares, totaling RMB 5,930,080.00 (including tax) based on the total share capital of 114,040,000 shares as of December 31, 2022[13] - The number of restricted shares at the end of the period is 5,772,532, with the majority being released from restrictions on March 6, 2023[12] - The company has a total of 8,022,000 shares held by Hangzhou Zhongshi Equity Investment Management Partnership that were released from restrictions[12] - The company’s management has a total of 3,886,470 shares that are subject to a 25% annual unlock schedule[12] - The company has no preferred shareholders as of the reporting period[12] Corporate Governance and Structure - The company has appointed two new independent directors, Yin Huimin and Zhou Lihong, to the board[14] - The company established a wholly-owned subsidiary, Hangzhou Chengshi Manufacturing Co., Ltd., with a registered capital of 2 million yuan on February 24, 2023[16] - A new holding subsidiary, Ningbo Chengfa Technology Co., Ltd., was set up with an investment of 21 million yuan, holding 70% of the registered capital of 30 million yuan, established on August 7, 2023[16] - The company established a wholly-owned subsidiary in Hong Kong, WHYIS TECHNOLOGY (HONG KONG) CO., LIMITED, with an investment of 1 million HKD, obtaining the necessary registration documents[16] Other Information - The company reported a significant increase in prepayments, which rose by 779.51% to ¥11,128,974.37, due to many projects having payments made but not yet delivered[9] - Inventory increased by 56.86% to ¥343,804,091.42, attributed to delays in project acceptance[9] - The company experienced a 100% increase in long-term borrowings, amounting to ¥1,411,745.40, primarily for the construction of a new office building[9] - The company reported a decrease in accounts receivable to 229,969,455.04 yuan from 274,193,336.49 yuan, a reduction of approximately 16.0%[18] - The company’s cash and cash equivalents decreased to 454,785,244.20 yuan from 564,577,539.87 yuan, a decline of about 19.4%[18] - Cash and cash equivalents at the end of the period decreased to ¥449,963,252.72 from ¥565,767,299.10, a decline of 20.4%[24] - The third quarter report has not been audited[25] - The company has implemented new accounting standards starting from 2023[25] - The board of directors announced the third quarter report on October 26, 2023[25]
华是科技(301218) - 2023 Q3 - 季度财报