TENGEN(SH:605066)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥746,502,819.81, representing a year-on-year increase of 15.21%[3] - Net profit attributable to shareholders for the same period was ¥43,679,931.86, up 16.44% compared to the previous year[3] - Basic earnings per share for Q3 2023 were ¥0.11, reflecting a growth of 22.22% compared to the same period last year[4] - Operating profit for Q3 2023 was ¥152,324,290.50, up from ¥90,195,182.50 in Q3 2022, reflecting a growth of 68.9%[20] - Net profit for Q3 2023 was ¥148,484,825.90, compared to ¥94,852,662.47 in Q3 2022, representing a year-over-year increase of 56.5%[20] - The total revenue for the first three quarters of 2023 reached ¥2,101,576,042.18, an increase of 13.3% compared to ¥1,854,683,908.40 in the same period of 2022[19] - The net profit attributable to shareholders of the listed company for the year-to-date period is 56.62 million RMB, with a net profit excluding non-recurring gains and losses of 42.31 million RMB, driven by increased revenue and improved gross margin[9] - The total comprehensive income attributable to the parent company for Q3 2023 was CNY 148,769,791.83, compared to CNY 94,848,876.45 in Q3 2022, showing a significant increase of 56.8%[21] Cash Flow and Liquidity - The net cash flow from operating activities was ¥166,832,532.44, showing a significant increase of 38.78% year-on-year[3] - The net cash flow from operating activities for the year-to-date period is 436.27 million RMB, primarily due to enhanced collection efforts and strict cost control measures[9] - Cash flow from operating activities for the first nine months of 2023 was CNY 311,951,520.69, significantly higher than CNY 58,170,204.71 in the same period of 2022, indicating a year-over-year increase of 436.5%[23] - The company's cash and cash equivalents as of September 30, 2023, amount to 807.20 million RMB, an increase from 732.01 million RMB at the end of 2022[15] - Total cash and cash equivalents at the end of Q3 2023 stood at CNY 640,498,808.07, compared to CNY 504,091,502.43 at the end of Q3 2022, marking an increase of 27%[24] - The company reported a net cash outflow from investing activities of CNY -218,169,162.10 for the first nine months of 2023, compared to CNY -24,677,325.39 in the same period of 2022[23] - Cash flow from financing activities showed a net outflow of CNY -169,375,292.08 in Q3 2023, compared to CNY -40,290,328.16 in Q3 2022, indicating increased financing costs[24] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,293,347,753.08, an increase of 7.79% from the end of the previous year[4] - Total assets as of Q3 2023 amounted to ¥3,293,347,753.08, up from ¥3,055,240,214.83 at the end of Q3 2022, indicating a growth of 7.8%[17] - Total liabilities increased to ¥1,473,912,885.99 in Q3 2023, compared to ¥1,284,813,309.23 in Q3 2022, marking an increase of 14.7%[17] - Current liabilities totaled ¥1,414,493,658.36 in Q3 2023, up from ¥1,232,158,074.39 in Q3 2022, reflecting a rise of 14.7%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 24,682[11] - The largest shareholder, Tianzheng Group Co., Ltd., holds 99,146,960 shares, accounting for 24.43% of the total shares[12] Other Income and Expenses - The company reported a significant increase in other income for the year-to-date period, totaling 68.95 million RMB, attributed to increased government subsidies[9] - The company experienced a decrease in other income for the current reporting period, amounting to -32.52 million RMB, due to reduced government subsidy recognition[9] - Research and development expenses for Q3 2023 were ¥109,674,639.98, compared to ¥98,809,454.39 in Q3 2022, showing an increase of 11.9%[20] - The company reported a decrease in credit impairment losses to ¥6,242,630.45 in Q3 2023 from ¥7,285,459.04 in Q3 2022, a reduction of 14.3%[20] Market and Future Outlook - The company has not disclosed any new product developments or market expansion strategies in the current report[2] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[21]