HACL(600598)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,048,328,265.51, representing a year-on-year increase of 9.83%[5] - The net profit attributable to shareholders for Q3 2023 was ¥333,520,092.28, showing a decrease of 6.56% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥336,980,616.08, down by 5.93% year-on-year[5] - The basic earnings per share for Q3 2023 was ¥0.188, a decrease of 6.47% compared to the previous year[6] - Total operating revenue for Q3 2023 reached ¥3,979,991,480.86, an increase from ¥3,470,562,584.17 in Q3 2022, representing a growth of approximately 14.7%[21] - Operating profit for Q3 2023 was ¥1,311,279,392.43, slightly up from ¥1,278,939,185.62 in Q3 2022, indicating a year-over-year increase of about 2.5%[22] - Net profit for Q3 2023 was ¥1,282,649,192.73, compared to ¥1,282,256,641.31 in Q3 2022, showing a marginal increase of 0.03%[22] - Total profit for Q3 2023 was ¥1,306,909,272.43, compared to ¥1,299,467,436.08 in Q3 2022, reflecting a growth of approximately 0.6%[22] - The company achieved a total comprehensive income of ¥1,284,411,770.02 in Q3 2023, compared to ¥1,294,233,922.49 in Q3 2022, showing a slight decrease of about 0.7%[23] Assets and Liabilities - The total assets as of the end of the reporting period amounted to ¥10,123,932,762.92, reflecting a year-on-year increase of 23.04%[6] - The total liabilities amounted to RMB 2,635,205,155.97, compared to RMB 1,277,156,186.47 in the previous year, reflecting an increase of approximately 106.4%[19] - The company's current assets totaled RMB 5,229,533,558.17, up from RMB 3,472,149,391.14 in the previous year, indicating a year-over-year increase of about 50.6%[16] - The total assets as of September 30, 2023, amounted to CNY 10,091,423,223.34, compared to CNY 8,198,439,839.81 at the end of 2022, representing a growth of approximately 23.1%[30] - The total liabilities as of September 30, 2023, were CNY 2,158,152,849.77, significantly higher than CNY 820,779,545.27 at the end of 2022, reflecting an increase of approximately 163.5%[30] Shareholder Information - The company reported a total of 113,160 common shareholders at the end of the reporting period[11] - The largest shareholder, Beidahuang Agricultural Group Co., Ltd., holds 64.14% of the shares, totaling 1,140,262,121 shares[11] Cash Flow - The cash flow from operating activities for the year-to-date was ¥2,769,000,868.50, representing an increase of 16.82%[6] - Cash flow from operating activities for Q3 2023 was CNY 2,769,000,868.50, an increase from CNY 2,370,319,105.22 in Q3 2022, reflecting a growth of approximately 16.8%[26] - Cash flow from financing activities for Q3 2023 was negative CNY 752,422,407.15, compared to negative CNY 707,172,733.68 in Q3 2022, reflecting a slight increase in outflows[27] - The net cash flow from investing activities for Q3 2023 was negative CNY 101,832,942.97, a decline from a positive cash flow of CNY 414,756,090.28 in Q3 2022[27] Research and Development - Research and development expenses in Q3 2023 amounted to ¥59,463,689.89, up from ¥41,416,745.73 in Q3 2022, indicating a significant increase of about 43.5%[21] - Research and development expenses increased to ¥59,163,689.89, a rise of 42.73% from ¥41,416,745.73 in the same period last year[32] Cash and Equivalents - The cash and cash equivalents as of September 30, 2023, were RMB 4,971,256,537.23, significantly higher than RMB 3,054,013,497.78 at the end of 2022, marking an increase of approximately 62.5%[15] - Total cash and cash equivalents at the end of Q3 2023 reached CNY 4,965,718,828.03, up from CNY 3,757,065,905.72 at the end of Q3 2022, indicating an increase of about 32.1%[27] - The total cash and cash equivalents at the end of the third quarter of 2023 amounted to ¥4,923,241,114.90, an increase from ¥3,657,880,897.33 at the end of the same period last year[36] Inventory and Receivables - The company's inventory decreased to RMB 116,096,576.02 from RMB 184,858,111.43, indicating a reduction of about 37.0% year-over-year[16] - The company's inventory as of September 30, 2023, was CNY 44,125,121.20, down from CNY 130,916,979.09 at the end of 2022, indicating a decrease of approximately 66.3%[29] - The company reported a significant increase in other receivables, which rose to RMB 84,779,982.16 from RMB 56,079,782.71, indicating a growth of about 51.2%[16]