CWTC Co., Ltd.(600007)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached CNY 1,011,605,971, representing an increase of 8.01% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was CNY 348,629,921, reflecting a growth of 16.94% year-on-year[4] - The net profit after deducting non-recurring gains and losses for Q3 2023 was CNY 347,086,557, up by 17.96% from the previous year[4] - Operating revenue for the first nine months of 2023 reached RMB 2,949,970,111, a 13.6% increase from RMB 2,596,229,969 in the same period of 2022[16] - Net profit for the first nine months of 2023 was RMB 1,002,773,186, up 15.3% from RMB 869,657,802 in the same period of 2022[16] - Total profit for the first nine months of 2023 was RMB 1,335,507,224, an increase of 15% from RMB 1,160,892,326 in the same period of 2022[16] - Operating profit for Q3 2023 was RMB 465,329,613, a 17.6% increase from RMB 395,660,916 in Q3 2022[16] Earnings and Shareholder Metrics - The basic earnings per share for Q3 2023 was CNY 0.35, up by 16.94% year-on-year[4] - The weighted average return on equity for Q3 2023 was 3.76%, an increase of 0.35% compared to the same period last year[4] - Earnings per share for the first nine months of 2023 was RMB 1.00, compared to RMB 0.86 in the same period of 2022[16] - The company reported a total of 12,165 ordinary shareholders at the end of the reporting period[11] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 12,708,851,138, showing a decrease of 0.92% from the end of the previous year[4] - Current assets totaled RMB 4,141,031,103, an increase from RMB 3,937,017,648 at the end of 2022, reflecting a growth of approximately 5.2%[15] - Total liabilities were RMB 3,262,197,361, down from RMB 3,678,311,933 at the end of 2022, indicating a reduction of about 11.3%[15] - The total non-current assets were RMB 8,567,820,035, down from RMB 8,890,272,650 at the end of 2022, indicating a decrease of approximately 3.6%[15] Cash Flow and Financial Activities - Cash received from sales and services for the first nine months of 2023 was approximately 2.71 billion in the same period of 2022, representing a growth of 17.3%[19] - Net cash flow from operating activities for the first nine months of 2023 was approximately 1.57 billion in 2022, indicating a slight increase of 1.4%[19] - Cash paid for purchasing goods and services in the first nine months of 2023 was approximately 356.49 million in the same period of 2022, reflecting an increase of 22.0%[19] - Cash flow from financing activities for the first nine months of 2023 was approximately (1.25) billion in 2022, showing a marginal increase of 0.6%[19] Rental and Investment Income - Rental income from leased properties for the first nine months of 2023 was CNY 1,149,437,449, with a total leased area of 356,248 square meters[7] - The average rental rate for the first nine months of 2023 was CNY 637 per square meter, which is an increase of CNY 10 compared to the same period last year[8] - Investment income from joint ventures for the first nine months of 2023 was RMB 2,869,144, compared to RMB 2,626,185 in the same period of 2022[16] Future Outlook - The company aims to continue expanding its market presence and enhancing product development in the upcoming quarters[16]