森鹰窗业(301227) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 342,726,159.89, a decrease of 4.01% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 77,398,034.93, an increase of 23.46% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 74,719,725.64, up 26.69% from the previous year[5]. - The basic earnings per share for Q3 2023 was CNY 0.8164, down 7.41% compared to the same period last year[5]. - The company reported a 39.06% increase in net profit attributable to shareholders for the first nine months of 2023, totaling CNY 120,531,714.51[14]. - Net profit for Q3 2023 was CNY 120,531,714.51, up 39.0% from CNY 86,675,620.15 in the same period last year[36]. - Earnings per share (EPS) for Q3 2023 was CNY 1.2714, compared to CNY 1.2191 in Q3 2022, reflecting a growth of 4.3%[36]. Assets and Liabilities - The total assets as of September 30, 2023, were CNY 2,265,367,692.13, reflecting a 2.87% increase from the end of the previous year[5]. - Total assets increased to CNY 2,265,367,692.13 from CNY 2,202,260,613.99, marking a growth of approximately 2.86%[33]. - Total liabilities rose to CNY 451,785,433.86 from CNY 414,410,070.23, an increase of about 9.0%[33]. - The company's non-current assets totaled CNY 705,779,986.15, up from CNY 638,219,803.89, indicating a growth of 10.55%[32]. - As of September 30, 2023, the company's total current assets amounted to ¥1,559,587,705.98, a slight decrease from ¥1,564,040,810.10 at the beginning of the year[31]. Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was CNY 127,418,557.93, a significant increase of 740.59% year-on-year[15]. - The net cash flow from operating activities for Q3 2023 was ¥127,418,557.93, a significant improvement compared to a net outflow of ¥19,890,716.36 in the same period last year[38]. - Total cash inflow from operating activities reached ¥643,089,095.61, up from ¥548,955,665.36 in Q3 2022, reflecting a growth of approximately 17.2%[38]. - Cash outflow from operating activities decreased to ¥515,670,537.68 from ¥568,846,381.72, indicating a reduction of about 9.3%[38]. - The company reported a net cash flow from investment activities of -¥69,766,213.79, worsening from -¥16,543,855.52 year-over-year[39]. - Cash inflow from financing activities was ¥157,000,000.00, down from ¥926,422,640.57 in the previous year, representing a decline of approximately 83.1%[39]. - The net cash flow from financing activities was -¥60,077,871.59, a significant decrease compared to a net inflow of ¥728,324,075.68 in Q3 2022[39]. - The ending balance of cash and cash equivalents was ¥642,869,359.81, down from ¥962,524,486.95 at the end of Q3 2022[39]. - The total cash outflow for investment activities was ¥110,598,914.96, significantly higher than ¥16,571,855.52 in the same quarter last year[39]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,787[16]. - The largest shareholder, Bian Shuping, holds 55.42% of the shares, totaling 52,540,000 shares[16]. - The second-largest shareholder, Ying Jingfen, holds 7.09% of the shares, totaling 6,723,000 shares[16]. - The top ten shareholders collectively hold significant stakes, with the smallest among them holding 0.86%[16]. - The company has a total of 72,913,179 restricted shares, with 14,094,079 shares released during the period[20]. - The company has a total of 61,175,500 restricted shares remaining after the recent releases[20]. - The company’s major shareholders include various investment funds and individuals, with some shares pledged or frozen[16]. - The company’s actual controllers are Bian Shuping and Ying Jingfen, who are spouses[17]. Corporate Developments - The company completed the registration and filing procedures for the revised Articles of Association on August 2, 2023[21]. - The strategic placement plan for the first public offering allocated 1,510,326 shares, which have been fully returned and listed for circulation[20]. - The company established a new wholly-owned subsidiary in Singapore with an investment of $5 million to engage in import and export trade and overseas investment activities[25]. - The company completed the establishment of a joint venture, Star Crown Glass (Anhui) Co., Ltd., with a registered capital of ¥50 million, where the company holds a 20% stake[22]. - The company completed the election of the new board of directors and supervisory board on October 13, 2023[29]. Inventory and Investments - The company’s inventory decreased from ¥142,588,163.14 at the beginning of the year to ¥106,470,278.58 as of September 30, 2023[31]. - The company’s long-term equity investment is recorded at ¥10,000,000.00 as of September 30, 2023[31]. - The company’s fixed assets decreased from ¥470,806,025.45 at the beginning of the year to ¥450,916,599.78 as of September 30, 2023[31]. - The company granted a total of 2.2 million restricted stock units at a price of ¥14.28 per share as part of its 2023 restricted stock incentive plan[28]. - The company recorded a credit impairment provision of ¥10,333,637.52 and an asset impairment provision of ¥6,210,579.53 as of June 30, 2023[23]. Research and Development - Research and development expenses for Q3 2023 were CNY 22,066,831.99, slightly down from CNY 22,459,881.70, indicating a focus on efficiency[35]. - Cash flow from operating activities showed a positive trend, with significant improvements expected in future quarters[37]. - The company plans to expand its market presence and invest in new product development to drive future growth[37]. - The company did not report any new product launches or significant market expansions during this quarter[40].