QRUNNINGCABLE(BJ:834682)2023-10-29 16:00Financial Performance - Net profit attributable to shareholders rose by 12.43% to CNY 76,120,007.83 for the first nine months of 2023[11]. - Operating revenue for the first nine months increased by 5.96% to CNY 2,046,771,091.34 compared to the same period last year[11]. - The company reported a decrease in net profit for Q3 2023 by 27.25% to CNY 18,429,535.30 compared to Q3 2022[11]. - Basic earnings per share increased by 12.12% to CNY 0.37 for the first nine months of 2023[11]. - Total operating revenue for the first nine months of 2023 reached ¥2,046,771,091.34, an increase from ¥1,931,581,579.15 in the same period of 2022, representing a growth of approximately 6.0%[38]. - Net profit for the first nine months of 2023 was ¥76,120,007.83, up from ¥67,702,252.77 in 2022, reflecting a growth of approximately 12.0%[40]. - Earnings per share for the first nine months of 2023 were ¥0.37, compared to ¥0.33 in the same period of 2022, marking an increase of about 12.1%[40]. - Total comprehensive income for the first nine months of 2023 was ¥74,307,354.66, compared to ¥66,536,994.50 in the same period of 2022[43]. Assets and Liabilities - Total assets increased by 26.22% to CNY 2,345,219,027.46 compared to the end of last year[11]. - The company's total liabilities to assets ratio increased to 56.52% from 45.86% year-on-year[11]. - Total liabilities increased to ¥1,315,140,848.60 from ¥852,441,853.21, indicating a rise of about 54.5%[36]. - The total number of ordinary shares is 208,000,000, with 79,933,100 shares (38.43%) being unrestricted[17]. - The largest shareholder, Ningbo Beilun Thomas Investment Co., Ltd., holds 41,769,000 shares, representing 20.08% of total shares[18]. - Total current assets reached CNY 1,877.42 million, an increase from CNY 1,408.84 million as of December 31, 2022, representing a growth of approximately 33.3%[30]. - The total liabilities increased to CNY 1,325.62 million from CNY 852.17 million, reflecting a growth of approximately 55.5%[32]. - Non-current assets totaled CNY 467.80 million, slightly up from CNY 449.20 million, indicating a growth of about 4.0%[31]. Cash Flow - Cash flow from operating activities decreased by 223.91% to -CNY 108,908,163.29, indicating a significant cash outflow[11]. - Cash flow from operating activities showed a net outflow of ¥108,908,163.29 in 2023, compared to a net inflow of ¥87,893,899.97 in 2022[45]. - Cash flow from financing activities generated a net inflow of ¥234,450,537.23 in 2023, reversing from a net outflow of ¥97,447,705.56 in 2022[45]. - Cash inflow from financing activities increased to $808 million in 2023, compared to $635 million in 2022, marking an increase of approximately 27.2%[47]. - The net cash flow from financing activities turned positive at $156.59 million in 2023, compared to a negative $85.25 million in 2022[47]. Inventory and Expenses - Inventory increased by 34.59% to CNY 460,405,817.41 due to higher sales volume[12]. - Total operating costs for the first nine months of 2023 were ¥1,956,076,329.10, compared to ¥1,853,994,291.35 in 2022, indicating an increase of about 5.5%[39]. - Operating costs increased to ¥1,793,037,730.06 in 2023, compared to ¥1,696,999,815.96 in 2022, reflecting a rise of 5.67%[42]. - Research and development expenses rose to ¥68,733,351.50, a 4.66% increase from ¥65,560,889.45 in the previous year[42]. Shareholder Information - The company has 15,131 ordinary shareholders as of the end of the reporting period[17]. - The actual control of the company is held by a limited number of shareholders, with significant interrelations among them[19]. - The company has no pledges or judicial freezes on shares held by major shareholders[20]. - The company has committed to maintaining compliance with all major commitments made in previous reports[25]. - The company has not reported any litigation or arbitration matters during the reporting period[22]. Accounting and Compliance - The company has not made any changes to accounting policies or corrections of accounting errors during the reporting period[16]. - Non-recurring gains and losses totaled CNY 4,504,756.11 for the first nine months of 2023[14]. - The company reported a net non-recurring gain of 3,848,396.77[15]. - The company expects a total of 36 million yuan in related party transactions for 2023, with 12.5078 million yuan already completed[23].