STHC(000045)2023-10-27 16:00Financial Performance - Operating income for the current period reached RMB 827,289,643.21, an increase of 22.22% compared to the same period last year[4] - Net profit attributable to shareholders of the listed company was RMB 30,277,434.06, reflecting a significant increase of 114.49% year-over-year[4] - Net profit after deducting non-recurring gains/losses was RMB 26,677,203.43, up 174.16% from the previous year[4] - Basic earnings per share increased to RMB 0.0598, representing a growth of 114.34% compared to the same period last year[4] - Total operating income for the current period reached RMB 2,317,385,312.76, an increase of 9.2% compared to RMB 2,122,038,324.26 in the last period[23] - Net profit for the current period was RMB 99,004,365.27, representing an increase of 8.3% from RMB 91,111,063.39 in the last period[24] - Total comprehensive income attributable to owners of the parent company was RMB 66,809,597.28, an increase from RMB 56,723,572.77 in the last period[24] - Basic earnings per share rose to 0.1315, compared to 0.1116 in the last period, reflecting a growth of 17.9%[24] - The company experienced a total profit of RMB 107,957,067.75, which is an increase of 17.6% from RMB 91,748,142.08 in the last period[24] Research and Development - Research and development expenses amounted to RMB 8,086.35 thousand, a rise of 36.67% year-over-year, indicating increased investment in R&D[6] - Research and development expenses increased to RMB 80,863,547.15, up 36.7% from RMB 59,169,009.30 in the last period[23] Cash Flow and Assets - Cash flow generated by business operations decreased by 44.14% to RMB 64,740,508.96 compared to the previous year[4] - Cash flows from operating activities generated RMB 64,740,508.96, a decrease of 44.2% compared to RMB 115,901,783.45 in the last period[27] - The balance of cash and cash equivalents at the end of the period was RMB 310,296,566.39, down from RMB 560,721,583.26 in the last period[28] - The company reported a net cash outflow from investing activities of RMB 498,691,050.07, contrasting with a net inflow of RMB 139,050,197.67 in the last period[27] Shareholder Information - The number of common shareholders at the end of the reporting period was 27,662, with no preference shareholders[9] - The top shareholder, Shenzhen Investment Holdings Co., Ltd., holds 46.21% of the shares, amounting to 234,069,436 shares[9] Assets and Liabilities - Total gross assets at the end of the period were RMB 5,741,166,019.48, up 2.21% from the previous year[4] - As of September 30, 2023, total assets amounted to RMB 5,741,166,019.48, an increase from RMB 5,617,137,367.90 at the beginning of the year, reflecting a growth of approximately 2.2%[20] - Current assets reached RMB 3,020,535,130.33, up from RMB 2,733,972,383.79, indicating an increase of about 10.5%[20] - Total liabilities increased to RMB 1,641,166,546.08 from RMB 1,586,095,042.48, marking a rise of about 3.5%[22] - The total owner's equity increased to RMB 4,099,999,473.40 from RMB 4,031,042,325.42, showing a growth of about 1.7%[22] Strategic Initiatives - The company is in the process of acquiring 100% equity of Hengmei Optoelectronics Co., Ltd., which is expected to enhance its position in the polarizer industry and optimize the industrial chain[12] - The restructuring plan is aligned with national development strategies and aims to secure the new display supply chain, indicating a strategic focus on high-quality development[13] - The company is actively negotiating transaction details and conducting additional audits for the acquisition, indicating ongoing strategic initiatives[14] Loans and Financing - The company’s short-term loans increased to RMB 8,000,000.00 from RMB 7,000,000.00, reflecting a rise of approximately 14.3%[21] Inventory - The company reported a significant increase in inventories, which reached RMB 699,016,900.84, up from RMB 558,447,648.77, reflecting a growth of approximately 25.1%[20] Miscellaneous - The company has not audited the third quarterly report for 2023[29]