中电电机(603988) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥175,695,857.96, representing a year-on-year increase of 5.67%[6] - The net profit attributable to shareholders for Q3 2023 was ¥2,786,338.71, a decrease of 40.45% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,066,405.57, showing a significant increase of 5,719.60% year-on-year[6] - The basic earnings per share for Q3 2023 was ¥0.01, down 50.00% from the previous year[7] - The company reported a decrease in total profit for the year-to-date of 58.23%, primarily due to reduced revenue and increased credit impairment losses[12] - The company experienced a 67.13% decline in net profit attributable to shareholders for the year-to-date, totaling ¥13,088,821.64[6] - Total operating revenue for the first three quarters of 2023 was CNY 527,972,017.92, a decrease of 5.1% compared to CNY 556,433,870.03 in the same period of 2022[22] - Net profit for the third quarter of 2023 was CNY 13,088,821.64, a significant decline of 67.1% from CNY 39,820,201.55 in the same quarter of 2022[24] - The company reported a total comprehensive income of CNY 13,088,821.64 for the third quarter of 2023, down from CNY 39,820,201.55 in the same quarter of 2022[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,077,554,696.72, reflecting a decrease of 8.58% compared to the end of the previous year[7] - Total current assets as of September 30, 2023, amounted to CNY 914,884,032.19, a decrease from CNY 1,007,693,123.61 at the end of 2022, reflecting a decline of approximately 9.2%[17] - Accounts receivable decreased to CNY 297,537,357.09 from CNY 361,471,791.86, representing a reduction of about 17.7%[18] - Inventory decreased to CNY 309,649,989.11 from CNY 347,492,729.44, indicating a decline of approximately 10.9%[18] - Total liabilities decreased to CNY 441,674,232.89 from CNY 545,385,638.77, a reduction of about 19%[19] - The company reported a significant decrease in short-term borrowings, with total current liabilities amounting to CNY 404,057,364.29, down from CNY 507,441,979.32, a decline of approximately 20.4%[19] - The total assets as of September 30, 2023, were CNY 1,077,554,696.72, down from CNY 1,178,696,735.40, reflecting a decrease of about 8.6%[18] - The company’s total liabilities and equity amounted to CNY 1,077,554,696.72 as of the end of the third quarter of 2023[20] Cash Flow - The cash flow from operating activities for the year-to-date was -¥695,654.98, indicating a significant cash outflow[7] - Cash flow from operating activities for the first three quarters of 2023 showed a net outflow of CNY 695,654.98, compared to a net outflow of CNY 17,818,389.86 in the same period of 2022[27] - The net cash flow from investing activities was $13,623,546.03, a decrease from$21,614,792.82 in the previous period[28] - The total cash outflow from financing activities was $15,482,281.64, compared to$13,288,799.90 previously[28] - The net cash flow from financing activities was -$15,482,281.64, indicating a negative cash flow compared to -$13,288,799.90 in the prior period[28] - The impact of exchange rate changes on cash and cash equivalents was -$305,646.51, compared to -$60,007.41 previously[28] - The net increase in cash and cash equivalents was -$2,860,037.10, a decline from -$9,552,404.35 in the previous period[28] - The ending balance of cash and cash equivalents was $21,682,116.58, down from$33,813,554.54 at the beginning of the period[28] Equity and Investments - The company’s total equity remained stable at CNY 235,200,000.00, unchanged from the previous period[19] - The company’s total equity attributable to shareholders was CNY 635,880,463.83, an increase from CNY 633,311,096.63 in the previous reporting period[20] - Research and development expenses increased to CNY 20,557,171.68 in the first three quarters of 2023, up from CNY 16,561,819.30 in the same period of 2022, representing a growth of 24.0%[22] - The company’s cash and cash equivalents increased slightly to CNY 59,826,195.87 from CNY 59,238,580.59, showing a marginal increase of about 1%[17] - The company’s contract liabilities decreased to CNY 82,080,717.50 from CNY 86,994,926.00, a decline of approximately 5.5%[19] - The company’s expected liabilities increased to CNY 36,516,539.10 from CNY 31,268,298.01, an increase of about 16.0%[19]