Financial Performance - The company's revenue for Q3 2023 was ¥320,080,224.84, a decrease of 0.36% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥25,172,461.22, down 28.97% year-on-year[5]. - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥20,341,737.54, a decline of 42.59% compared to the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.2484, a decrease of 46.73% year-on-year[5]. - Net profit for Q3 2023 was CNY 86,945,168.59, a decrease of 7.8% from CNY 93,767,966.06 in Q3 2022[27]. - Basic and diluted earnings per share for Q3 2023 were CNY 0.8580, down from CNY 1.2338 in the same period last year, representing a decline of 30.4%[27]. - Operating profit decreased to ¥87,684,779.18, down 15.6% from ¥103,863,656.53 year-over-year[25]. - Net profit for the period was ¥95,590,577.82, compared to ¥103,650,203.26 in the same period last year, reflecting a decline of 7.5%[25]. Assets and Liabilities - The total assets as of September 30, 2023, amounted to ¥1,752,006,641.07, reflecting an increase of 4.89% from the end of the previous year[5]. - Total assets as of September 30, 2023, were ¥1,752,006,641.07, an increase from ¥1,670,356,777.13 at the beginning of the year[24]. - Current assets totaled ¥1,350,659,127.46, slightly up from ¥1,332,184,008.49 at the start of the year[22]. - Total liabilities increased to ¥475,276,683.91 from ¥419,767,988.56, marking a rise of 13.2%[23]. - Shareholders' equity rose to ¥1,276,729,957.16, up from ¥1,250,588,788.57, reflecting a growth of 2.1%[24]. Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥49,567,377.12, down 61.40% compared to the same period last year[5]. - Cash flow from operating activities for Q3 2023 was CNY 49,567,377.12, a significant decrease of 61.4% compared to CNY 128,424,876.82 in Q3 2022[29]. - Cash flow from financing activities showed a net inflow of ¥11,453,129.57, a 119.65% increase, due to no bank loan repayments and dividend distributions[15]. - Cash flow from financing activities generated a net inflow of CNY 11,453,129.57, compared to a net outflow of CNY 58,274,960.55 in Q3 2022[29]. - Cash flow from investing activities showed a net outflow of CNY 32,353,861.07, an improvement from a net outflow of CNY 65,900,334.93 in the same period last year[29]. Investments and Subsidies - The company reported a significant increase in construction in progress, rising by 731.94% to ¥69,241,867.01, attributed to increased investment in the LCD display and module industrialization base[9]. - The company received government subsidies amounting to ¥4,321,346.70 in Q3 2023, contributing to a total of ¥12,026,640.34 for the year-to-date[6]. - The investment income for the year-to-date was ¥8,224,549.65, a substantial increase of 224.39% compared to the same period last year[11]. - The company received CNY 1,069,990,000.00 from investment recoveries during the reporting period[29]. - The company reported a total cash outflow for investing activities of CNY 1,499,644,540.22, significantly higher than CNY 68,382,581.22 in the previous year[29]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 11,169, with no preferred shareholders[17]. - The largest shareholder, Wang Siwei, holds 14.81% of shares, totaling 15,010,000 shares[17]. - The second-largest shareholder, Fan Xiaoyun, owns 9.18% of shares, totaling 9,305,000 shares[17]. Dividends and Financing - The company distributed dividends amounting to ¥61,282,500.03, a significant increase of 3762.66% compared to the previous period[15]. - The company had no bank loans due for repayment during the reporting period, impacting financing cash outflows, which decreased by 59.34% to ¥63,546,870.43[15]. Inventory and Cash Equivalents - Cash and cash equivalents increased by ¥30,683,143.51, representing a 240.02% increase, mainly due to higher inflows from investment products and no bank loan repayments required[15]. - Cash and cash equivalents at the end of Q3 2023 amounted to CNY 99,464,040.77, up from CNY 78,245,665.29 in Q3 2022, reflecting a growth of 27.0%[30]. - Cash and cash equivalents increased to ¥547,298,903.23 from ¥331,253,868.55, representing a growth of 65.2%[22]. - Inventory levels rose to ¥204,161,877.80, compared to ¥193,786,132.18 at the beginning of the year, indicating an increase of 5.5%[22]. Exchange Rate Impact - The impact of exchange rate fluctuations on cash and cash equivalents was a decrease of 57.76% to ¥2,016,497.89[15].
天山电子(301379) - 2023 Q3 - 季度财报