SPM(601900)2023-10-26 16:00Revenue and Profit - Revenue for the reporting period was 2,388,763,004.15 RMB, a slight increase of 0.24% compared to the same period last year[1] - Net profit attributable to shareholders of the listed company increased by 27.31% to 269,497,318.30 RMB[1] - Net profit attributable to shareholders of the listed company rose to 7,356,946,976.37 RMB, a 0.62% increase[32] - Total revenue for the first three quarters of 2023 was 6.45 billion yuan, compared to 6.26 billion yuan in the same period last year[47] - Net profit for the first three quarters of 2023 was 646.82 million yuan, up from 602.99 million yuan in the same period last year[47] - Net profit attributable to parent company shareholders reached 680,572,584.20 RMB, an increase from 557,839,101.67 RMB in the previous year[51] - Revenue from sales of goods and services was 5,891,202,766.45 RMB, slightly lower than 6,006,459,884.95 RMB in the previous year[58] - Total comprehensive income for the period was 769,859,422.16 RMB, up from 613,007,518.35 RMB in the same period last year[53] Cash Flow - Cash flow from operating activities for the year-to-date was 420,338,999.48 RMB, a significant decrease of 69.83% compared to the same period last year[1] - Net cash flow from operating activities decreased by 69.83 million yuan due to the integration of Education Bookstore[39] - Operating cash flow for the first three quarters of 2023 was 420,338,999.48 RMB, compared to 1,393,132,292.47 RMB in 2022[59] - Cash and cash equivalents at the end of the period totaled 1,746,085,276.83 RMB, down from 2,224,332,251.39 RMB at the beginning of the year[56] - Cash outflow for investment activities was 1,766,921,909.24 RMB, compared to 1,486,891,277.17 RMB in 2022[59] - Cash inflow from financing activities was 615,375,709.44 RMB, an increase from 492,036,916.31 RMB in the previous year[59] - Net cash flow from financing activities was -378,036,778.12 RMB, compared to -818,163,664.35 RMB in 2022[56] - Total cash outflow for operating activities was 5,742,314,135.70 RMB, down from 6,096,825,153.57 RMB in the previous year[59] Assets and Liabilities - Total assets increased to 16,495,909,709.11 RMB, a 9.99% growth compared to the previous period[32] - Monetary funds decreased to 2,060,382,368.97 RMB from 3,357,377,238.52 RMB[11] - Accounts receivable increased to 2,316,341,484.59 RMB from 1,446,749,821.77 RMB[11] - Inventory grew to 2,162,472,167.59 RMB from 1,464,977,778.62 RMB[14] - Long-term equity investments increased to 327,817,611.70 RMB from 298,390,135.40 RMB[14] - Fixed assets decreased to 911,114,668.99 RMB from 937,125,216.89 RMB[14] - Intangible assets slightly decreased to 2,950,039,908.38 RMB from 3,012,518,670.99 RMB[14] - Total current liabilities increased to 4,665,736,429.31 RMB from 3,718,620,468.81 RMB[14] - Total liabilities increased to 8.3 billion yuan, up from 6.88 billion yuan in the previous period[44] - Total equity attributable to shareholders increased to 7.36 billion yuan, up from 7.31 billion yuan in the previous period[46] - Minority interest increased to 838.08 million yuan, up from 810.82 million yuan[46] Investments and Acquisitions - The company acquired 100% equity of Guangdong Lingnan Art Publishing House and Guangdong Map Publishing House for a total of 212,055,300 RMB[2] - The company completed the acquisition of Guangdong Education Bookstore Co., Ltd., which was included in the consolidated financial statements from August 2022[32] - Net cash flow from investing activities decreased by 439.18 million yuan, mainly due to reduced redemptions of financial products[39] Non-Recurring Items and Subsidies - Non-recurring gains and losses for the reporting period amounted to 3,897,793.80 RMB, with government subsidies contributing 14,276,581.22 RMB[6][9] Accounts Receivable and Prepayments - Accounts receivable increased by 60.11% due to pending payments for autumn textbooks and supplementary materials[10] - Prepayments increased by 88.78% due to advance payments for construction projects and book purchases[10] - Inventory increased by 47.61% due to preparations for autumn supplementary materials[10] - Contract liabilities increased by 35.44% due to uncompleted settlements of advance receipts[10] - Other current liabilities surged by 362.84% due to pending invoicing for autumn textbook revenues[10] Earnings Per Share and Interest Income - Basic earnings per share (EPS) stood at 0.77 RMB, up from 0.63 RMB in the same period last year[53] - Interest income increased to 49.75 million yuan, up from 40.53 million yuan in the same period last year[47] - Investment income decreased to 26.21 million yuan, down from 28.91 million yuan in the same period last year[47]