Financial Performance - Revenue for Q3 2023 was CNY 117,171,894.77, a decrease of 5.50% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 21,473,783.33, down 23.81% year-on-year[4] - Basic earnings per share decreased by 63.64% to CNY 0.20[4] - The net profit for Q3 2023 was CNY 62,698,698.60, a decrease of 13.5% compared to CNY 72,741,847.28 in Q3 2022[20] - Operating profit for Q3 2023 was CNY 65,538,755.29, down from CNY 74,084,034.74 in the same period last year, reflecting a decline of 11.5%[20] - Total profit for Q3 2023 was CNY 71,454,878.71, down from CNY 83,168,141.12 in Q3 2022, reflecting a decrease of 14.1%[20] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.77, down from CNY 1.43 in the same quarter last year, representing a decline of 46.2%[20] Assets and Liabilities - Total assets as of September 30, 2023, were CNY 1,256,952,471.96, a decline of 1.83% from the end of the previous year[5] - The total assets as of September 30, 2023, amounted to CNY 1,256,952,471.96, down from CNY 1,280,398,381.44[17] - Total liabilities decreased to CNY 232,961,489.35 from CNY 251,193,570.20, reflecting improved financial stability[17] - The company reported a total equity of CNY 1,023,990,982.61, slightly down from CNY 1,029,204,811.24[17] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 41,624,904.28, down 47.78%[4] - Cash flow from operating activities generated a net amount of CNY 41,624,904.28, significantly lower than CNY 79,706,611.95 in Q3 2022, indicating a decrease of 47.8%[21] - The cash and cash equivalents at the end of Q3 2023 stood at CNY 429,580,800.91, a decrease from CNY 700,681,642.79 at the beginning of the period[21] - The company's cash and cash equivalents were CNY 433,816,800.91, compared to CNY 711,589,058.38 at the beginning of the year, indicating a reduction in liquidity[16] - The company reported a significant increase in cash outflow for financing activities, totaling CNY -85,295,845.70, compared to CNY -2,881,591.67 in the previous year[21] Investments and Expenditures - The company reported a net cash outflow from investing activities of CNY -227,429,900.46, compared to CNY -18,364,982.54 in Q3 2022, indicating a significant increase in investment expenditures[21] - The company experienced a 5637.4% increase in construction in progress, reaching CNY 28,694,359.02[11] Revenue and Costs - Total revenue for the period was CNY 340,550,412.39, a slight decrease from CNY 342,896,492.76 in the previous period[19] - Total operating costs increased to CNY 275,800,266.09 from CNY 273,003,988.56, with operating costs rising to CNY 243,238,250.43 from CNY 237,060,685.26[19] - Total revenue from sales and services received was CNY 215,537,953.36, down 19.2% from CNY 266,600,972.50 in the previous year[21] Shareholder Information - The number of common shareholders at the end of the reporting period was 16,534, with the largest shareholder holding 45.27%[13] Research and Development - Research and development expenses were CNY 14,693,911.12, compared to CNY 14,466,657.65 in the previous period, indicating a focus on innovation[19] - The company has a focus on market expansion and innovation, as indicated by the increase in R&D expenses[19] Debt Management - The company is actively managing its debt, with a reduction in short-term borrowings from CNY 8,844,218.82 to CNY 2,837,047.47[17] Other Income - Non-operating income for the year-to-date was CNY 6,016,273.42, a decrease of 35.2% compared to the previous year[11] - The company received CNY 6,739,968.76 in tax refunds during the quarter, compared to no tax refunds in Q3 2022[21] Return on Equity - The company’s weighted average return on equity was 2.12%, down 4.40% year-on-year[4] Accounts Receivable - Accounts receivable rose by 48.8% to CNY 111,839,984.66, attributed to slower collection[11]
通力科技(301255) - 2023 Q3 - 季度财报