TDTEC(600582)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥7,349,740,280.66, representing a year-on-year increase of 10.07%[4] - Net profit attributable to shareholders for Q3 2023 was ¥584,953,517.33, up 28.55% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥562,662,686.61, reflecting a 27.84% increase year-on-year[4] - Net profit for Q3 2023 was ¥2,573,212,467.50, compared to ¥2,086,079,871.08 in Q3 2022, representing a growth of 23.3%[17] - The total comprehensive income for Q3 2023 was approximately CNY 2.57 billion, compared to CNY 2.09 billion in Q3 2022, representing an increase of about 22.2%[18] - The net profit attributable to the parent company for Q3 2023 was CNY 1.97 billion, up from CNY 1.61 billion in Q3 2022, reflecting a growth of approximately 22.9%[18] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.476, compared to CNY 0.387 in Q3 2022, indicating an increase of about 23%[18] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥51,226,894,194.23, a 17.98% increase from the end of the previous year[5] - The company's total liabilities as of Q3 2023 amounted to ¥22,633,013,008.27, an increase from ¥18,376,256,487.04 in the previous year[15] - The total equity attributable to shareholders at the end of Q3 2023 was ¥22,598,801,976.45, a 10.93% increase from the previous year[5] - The total liabilities to equity ratio as of Q3 2023 was approximately 0.79, compared to 0.73 in the previous year, indicating a slight increase in leverage[15] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 33.62% due to reduced cash receipts from sales[7] - Cash flow from operating activities for the first nine months of 2023 was CNY 1.72 billion, down from CNY 2.59 billion in the same period of 2022, a decrease of approximately 33.6%[19] - The company reported a total cash outflow from operating activities of CNY 12.67 billion in Q3 2023, compared to CNY 12.20 billion in Q3 2022, an increase of approximately 3.8%[19] - Cash flow from investing activities for Q3 2023 resulted in a net outflow of approximately CNY 1.68 billion, compared to a net outflow of CNY 121.24 million in Q3 2022[20] - Cash flow from financing activities for Q3 2023 showed a net inflow of approximately CNY 832.26 million, contrasting with a net outflow of CNY 1.22 billion in Q3 2022[20] Shareholder Information - Total number of common shareholders at the end of the reporting period is 40,707[9] - The largest shareholder, China Coal Technology & Engineering Group, holds 2,298,757,109 shares, accounting for 55.54% of total shares[9] Investments and Development - The company reported a significant increase of 128.58% in investment income, attributed to the reclassification of large time deposits as debt investments[7] - Research and development expenses for the first three quarters of 2023 were ¥1,276,023,827.37, compared to ¥1,156,570,476.59 in the same period last year, marking an increase of 10.4%[16] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[7] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16] Current Assets - Total current assets as of September 30, 2023, amount to ¥38,285,962,409.05, an increase from ¥31,159,936,333.20 as of December 31, 2022[13] - Cash and cash equivalents are reported at ¥12,663,767,708.57, up from ¥11,654,919,109.51 year-over-year[12] - Accounts receivable increased to ¥13,583,883,805.32 from ¥8,365,809,187.39 in the previous year[13] - Inventory has risen to ¥6,211,427,970.06 compared to ¥4,953,655,120.21 in the previous year[13] - Total assets as of September 30, 2023, are ¥51,226,894,194.23, up from ¥43,420,051,440.08 at the end of 2022[13] - Non-current assets total ¥12,940,931,785.18, an increase from ¥12,260,115,106.88 year-over-year[13] - Short-term borrowings increased to ¥233,560,784.20 from ¥196,665,105.78 in the previous year[13] Government Support - The company received government subsidies amounting to ¥45,812,337.04 during Q3 2023, contributing positively to its financial performance[6] Accounting Practices - The company did not apply new accounting standards for the first time in 2023, indicating stability in financial reporting practices[21]