福耀玻璃(600660) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached RMB 8,794,601,968, representing a year-on-year increase of 16.70%[3] - Net profit attributable to shareholders decreased by 15.09% to RMB 1,289,690,205 in Q3 2023[3] - The basic earnings per share for Q3 2023 was RMB 0.49, down 15.52% compared to the same period last year[4] - The total profit for the reporting period was RMB 157,508,590, a decrease of 17.45% year-on-year, but would have increased by 35.88% without the impact of foreign exchange losses[4] - Year-to-date total profit reached RMB 489,491,950, reflecting a growth of 6.93% compared to the same period last year[5] - The company reported a foreign exchange loss of RMB 26,420,830 in Q3 2023, which significantly impacted profit figures[4] - The weighted average return on equity for Q3 2023 was 4.38%, a decrease of 1.22 percentage points from the previous year[4] Assets and Liabilities - Total assets as of the end of Q3 2023 amounted to RMB 56,529,729,173, an increase of 11.35% from the end of the previous year[4] - Current assets totaled RMB 34.07 billion, up from RMB 29.68 billion, indicating a growth of about 14.0% year-over-year[14][16] - Cash and cash equivalents increased to RMB 19.38 billion from RMB 17.02 billion, representing a growth of approximately 13.9%[12][14] - Accounts receivable rose to RMB 6.52 billion, compared to RMB 5.26 billion, marking an increase of around 24.0%[12][14] - Total liabilities amounted to RMB 26.46 billion, up from RMB 21.78 billion, which is an increase of approximately 21.0%[15][16] - The company's equity attributable to shareholders reached RMB 30.08 billion, compared to RMB 29.00 billion, reflecting a growth of about 3.7%[16] - Short-term borrowings increased to RMB 7.85 billion from RMB 6.08 billion, indicating a rise of approximately 29.1%[15][16] Cash Flow - The company reported a net profit of RMB 13.85 billion for the first nine months of 2023, compared to RMB 12.99 billion for the same period in 2022, showing an increase of about 6.6%[16] - Cash inflow from operating activities totaled ¥24.29 billion, an increase of 12.5% from ¥21.48 billion in the previous year[21] - The net cash flow from operating activities for Q3 2023 was ¥5,449,425,317, an increase of 27.4% compared to ¥4,282,060,578 in Q3 2022[22] - Total cash and cash equivalents at the end of Q3 2023 amounted to ¥14,231,524,309, down from ¥17,578,136,778 at the end of Q3 2022[22] - Cash inflow from financing activities for Q3 2023 was ¥14,783,214,299, up from ¥13,163,452,792 in Q3 2022, indicating a growth of 12.3%[22] - The cash outflow from investing activities was ¥9,660,338,411 in Q3 2023, significantly higher than ¥2,265,867,880 in Q3 2022[22] Expenses - Total operating costs increased to ¥18.97 billion, up 18.8% from ¥15.96 billion year-on-year[17] - Research and development expenses for the first three quarters of 2023 amounted to ¥988.30 million, a rise of 11% compared to ¥890.75 million in 2022[17] - Sales expenses increased to ¥1.09 billion, up from ¥960.81 million in the previous year, reflecting a growth of 13.3%[17] - Management expenses rose to ¥1.77 billion, compared to ¥1.55 billion in the same period last year, marking a 14.2% increase[17] - The company reported a financial expense of -¥563.25 million, an improvement from -¥995.23 million in the previous year[17] Shareholder Information - As of September 30, 2023, the total number of shareholders was 145,468, with the largest shareholder holding 22.83% of the shares[9] Market and Product Development - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[11]