CFMOTO(603129)2023-10-17 16:00Revenue and Profit Performance - Revenue for the current reporting period was RMB 2,880,802,717.82, a decrease of 22.68% compared to the previous period[8] - Net profit attributable to shareholders of the listed company was RMB 250,087,083.98, a decrease of 5.45% compared to the previous period[8] - Net profit attributable to shareholders increased by 40.58% year-to-date, driven by product structure optimization and improved gross margin[23] - Net profit attributable to parent company shareholders increased to 801.72 million yuan from 570.28 million yuan, a growth of 40.6%[43] - Total operating revenue for the first three quarters of 2023 reached 9,386,452,047.61 RMB, an increase from 8,629,379,149.91 RMB in the same period of 2022[33] - Sales revenue from goods and services increased to 9.16 billion yuan, a 7.9% rise from 8.49 billion yuan[45] - Total profit for the period grew to 903.52 million yuan, up 38.5% from 652.12 million yuan[43] - Operating profit rose to 907.29 million yuan, up 38.7% from 654.02 million yuan[43] Earnings Per Share (EPS) and Return on Equity (ROE) - The company's basic earnings per share (EPS) for the current reporting period was RMB 1.67, a decrease of 5.65% compared to the previous period[21] - The weighted average return on equity (ROE) for the current reporting period was 5.19%, a decrease of 1.60 percentage points compared to the previous period[21] - The company's diluted earnings per share (EPS) for the first nine months of 2023 was RMB 5.32, an increase of 40.00% compared to the same period last year[15] - Basic earnings per share increased by 40.16% year-to-date, also due to product structure optimization and improved gross margin[23] - Diluted earnings per share increased by 40.00% year-to-date, similarly driven by product structure optimization and improved gross margin[23] Assets and Equity - Total assets as of the end of the reporting period were RMB 9,999,243,830.31, an increase of 4.66% compared to the end of the previous year[21] - Equity attributable to shareholders of the listed company was RMB 4,925,677,618.90, an increase of 16.94% compared to the end of the previous year[21] - Total assets increased to 9,999,243,830.31 from 9,554,158,074.57, reflecting overall growth[30] - Total equity attributable to owners of the parent company was 4,925,677,618.90 RMB as of the end of the third quarter of 2023, up from 4,211,991,036.63 RMB at the end of the same period in 2022[33] - Total liabilities and equity reached 9,999,243,830.31 RMB at the end of the third quarter of 2023, compared to 9,554,158,074.57 RMB at the end of the same period in 2022[33] - The company's total equity (including minority interests) was 5,046,626,175.40 RMB at the end of the third quarter of 2023, up from 4,295,042,249.93 RMB at the end of the same period in 2022[33] - The company's undistributed profit as of the end of the third quarter of 2023 was 2,108,637,696.30 RMB, compared to 1,519,059,756.70 RMB at the end of the same period in 2022[40] - The company's capital reserve increased to 2,547,770,819.42 RMB at the end of the third quarter of 2023, up from 2,435,423,037.28 RMB at the end of the same period in 2022[40] Cash Flow and Liquidity - The company's net cash flow from operating activities for the first nine months of 2023 was RMB 1,337,034,459.80, an increase of 3.42% compared to the same period last year[8] - Net cash flow from operating activities was 1,337,034,459.80, showing strong operational performance[32] - Net cash flow from investing activities was -666,571,250.47, indicating significant investment in fixed assets and other long-term assets[32] - Net cash flow from financing activities was -195,725,595.28, reflecting debt repayment and dividend payments[32] - Total operating cash inflow reached 9.85 billion yuan, up 7.1% from 9.19 billion yuan in the previous year[45] - Cash payments for goods and services decreased slightly to 6.07 billion yuan from 6.15 billion yuan[45] - Tax refunds received decreased to 486.38 million yuan from 571.93 million yuan[45] - Other operating cash inflows increased to 196.03 million yuan from 130.98 million yuan[45] - Cash and cash equivalents at the end of the period amounted to 4,514,113,310.72, up from 4,000,576,083.07 at the beginning[32] Operating Costs and Expenses - Operating costs for the first three quarters of 2023 were 6,296,737,595.15 RMB, compared to 6,592,184,101.37 RMB in the same period of 2022[33] - Sales expenses increased significantly to 1,147,014,533.74 RMB in the first three quarters of 2023, up from 622,134,786.07 RMB in the same period of 2022[33] - R&D expenses for the first three quarters of 2023 were 621,979,247.68 RMB, compared to 553,409,985.54 RMB in the same period of 2022[33] - Employee compensation and benefits increased to 899.81 million yuan, up 19.7% from 751.78 million yuan[45] Accounts Receivable and Inventory - Accounts receivable increased to 1,098,689,479.25 from 851,217,438.68, indicating higher sales on credit[28] - Inventory decreased to 1,490,642,474.81 from 2,067,450,294.23, suggesting improved inventory management[30] Government Subsidies and Other Income - Government subsidies received during the period amounted to RMB 5,503,157.52 for the current reporting period and RMB 33,706,840.51 year-to-date[1] - Other comprehensive income after tax improved significantly to 11.14 million yuan from a loss of 84.16 million yuan[43] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 6,945[36] Comprehensive Income - The company's comprehensive income for the first nine months of 2023 was RMB 850,104,094.04, with RMB 812,856,969.96 attributable to the parent company[15]