Fujian Yuanli Active Carbon (300174)2023-10-26 16:00Financial Performance - Revenue for Q3 2023 reached ¥518,315,219.46, an increase of 12.92% compared to the same period last year[5] - Net profit attributable to shareholders was ¥62,063,047.56, up 17.09% year-on-year[5] - Net profit excluding non-recurring gains and losses was ¥60,703,706.38, reflecting a 10.69% increase from the previous year[5] - The net profit for Q3 2023 was CNY 206.96 million, compared to CNY 186.39 million in Q3 2022, reflecting a year-over-year increase of approximately 11.5%[39] - Basic earnings per share decreased to ¥0.4893 from ¥0.5344, a decline of about 8.4%[57] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,951,302,905.12, representing a 7.97% increase from the end of the previous year[5] - The total current assets amounted to CNY 2,244,021,662.78, an increase from CNY 2,099,915,729.12 at the beginning of the year[36] - Non-current assets totaled ¥1,707,281,242.34, up from ¥1,559,640,609.22, marking an increase of about 9.5%[52] - Total liabilities amounted to ¥642,012,621.13, slightly up from ¥637,578,146.80, indicating a marginal increase of about 0.7%[52] - The company's equity attributable to shareholders rose to ¥3,054,335,859.46 from ¥2,794,423,419.24, reflecting an increase of approximately 9.3%[52] Cash Flow - Cash flow from operating activities for the year-to-date was ¥99,991,802.20, down 50.78% year-on-year[5] - Net cash flow from operating activities decreased to ¥99,991,802.20 compared to ¥203,141,538.10 in the previous year, indicating a decline of approximately 50.8%[57] - Cash received from sales and services was ¥1,131,461,859.34, down from ¥1,263,859,456.13, representing a decrease of approximately 10.5%[57] - Cash outflow related to investment activities for January to September was 780 million RMB, an increase from 300 million RMB in the same period last year[20] - The net increase in cash and cash equivalents was -117.49 million in the previous period[58] Investments - The company experienced a 416.77% increase in cash received from investment activities, totaling ¥516,769,300.00, mainly from the maturity of time deposits[19] - Cash received from investments amounted to 23.72 million RMB, compared to zero in the same period last year, due to contributions from 153 equity incentive participants[20] - Total cash inflow from investment activities amounted to 112.12 million in the previous period, indicating a significant increase[58] - Cash outflow from investment activities totaled 502.92 million, resulting in a net cash flow from investment activities of -390.80 million[58] Shareholder Information - The total number of common shareholders at the end of the reporting period was 13,769, with the top ten shareholders holding significant stakes[24] - The largest shareholder, Wang Yan'an, holds 16.59% of the shares, amounting to 60,685,476 shares[24] - The total number of restricted shares at the beginning of the period was 1,031,398, with 288,000 shares added during the period, bringing the total to 1,319,398[28] Company Strategy and Development - The company plans to continue expanding its market presence and product development, as indicated by the increase in R&D spending[39] - The company's R&D expenses for Q3 2023 were CNY 51.72 million, up from CNY 45.95 million in the same period last year, indicating a focus on innovation[39] - The company approved a long-term stockholding plan at the first extraordinary general meeting on August 1, 2023, effective from January 1, 2024, to December 31, 2033[29] - The company has appointed a new supervisor, Xie Lixin, as of September 15, 2023, following a change in the supervisory board[32]