Up-shine Lighting (301362)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥389,570,568.89, representing a 3.71% increase compared to ¥375,639,600 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥68,347,815.54, a decrease of 16.07% from ¥82,069,145 in the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.71, down 31.73% from ¥1.05 in the same period last year[5]. - The net profit for Q3 2023 was CNY 184,949,580.70, a decrease of 6.1% compared to CNY 197,156,175.75 in Q3 2022[20]. - The total profit for Q3 2023 was CNY 209,544,226.71, a decrease of 6.1% from CNY 223,173,845.51 in the previous year[20]. Assets and Liabilities - Total assets as of September 30, 2023, were ¥2,976,341,544.68, an increase of 87.32% from ¥1,577,535,679.34 at the beginning of the year[5]. - The total liabilities amounted to ¥459,484,404.98, slightly up from ¥454,582,738.50, indicating a marginal increase of about 1.9%[18]. - The equity attributable to shareholders increased to ¥2,521,871,321.31 from ¥1,138,296,126.84, showing a growth of approximately 121.0%[19]. - The company's cash and cash equivalents rose to ¥891,584,731.56 from ¥257,001,090.26, reflecting an increase of about 247.5%[17]. Cash Flow - The company's cash flow from operating activities for the first nine months of 2023 was ¥222,852,917.75, a 17.29% increase compared to ¥190,000,660 in the same period last year[5]. - The net cash flow from operating activities increased to CNY 222,852,917.75, up from CNY 190,000,662.54 in the same period last year, representing a growth of 17.3%[22]. - The company reported a net cash flow from financing activities of CNY 1,169,367,281.89, compared to a negative cash flow of CNY -52,083,699.73 in Q3 2022[23]. Investments and Expenditures - Cash paid for the acquisition of fixed assets increased by 62.39% to ¥52.06 million, primarily due to increased expenditures on the Furong Technology Building and Huizhou dormitory construction projects[9]. - Cash paid for investments decreased by 32.01% to ¥894.20 million, mainly due to reduced spending on financial products[9]. - Cash received from investment absorption increased by 162.98% to ¥1.27 billion, attributed to funds raised from stock issuance[9]. - The company reported a significant increase in monetary funds, which rose by 246.92% to ¥891,584,731.56 due to funds raised from stock issuance[8]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,680[11]. - The largest shareholder, Xie Zuhua, holds 37.19% of the shares, amounting to 38,925,031 shares[11]. - The company issued 26,170,000 shares at a price of ¥51.05 per share as part of its initial public offering[15]. - The total number of restricted shares at the beginning of the period was 78,500,000, with 2,146,033 shares added during the period, bringing the total to 80,418,033[14]. Operating Costs and Expenses - Total operating costs were ¥927,856,149.65, an increase from ¥902,103,297.46, which is a rise of about 2.9%[19]. - Research and development expenses increased to ¥66,835,531.52 from ¥52,485,523.25, marking a growth of approximately 27.4%[19]. - The company experienced a 60.11% decrease in other income, which amounted to ¥4,929,812.23, compared to ¥12,358,079.34 in the previous year[8]. - Cash paid for dividends and interest increased by 42.98% to ¥47.37 million, reflecting a higher dividend payout compared to the same period last year[9]. Other Financial Metrics - The company recorded an asset impairment loss of CNY 9,508,983.16, compared to CNY 19,101,381.25 in the same period last year[20]. - The company experienced a decrease in other comprehensive income, with a net amount of CNY -38,642.47 compared to CNY -36,223.15 in the previous year[20]. - The company's inventory decreased to ¥207,573,706.83 from ¥214,098,221.91, reflecting a decline of approximately 3.0%[17].