INVT(SZ:002334)2023-10-23 16:00Financial Performance - The company's revenue for Q3 2023 was ¥1,096,845,882.68, a decrease of 2.24% compared to the same period last year, while year-to-date revenue increased by 13.89% to ¥3,302,131,863.26[4] - Net profit attributable to shareholders for Q3 2023 was ¥79,191,617.00, down 5.78% year-on-year, but up 85.73% year-to-date at ¥300,826,468.89[4] - The basic earnings per share for Q3 2023 was ¥0.0997, reflecting an 8.54% decrease compared to the same period last year, while year-to-date earnings per share increased by 80.33% to ¥0.3787[4] - Total operating revenue for Q3 2023 reached CNY 3,302,131,863.26, an increase of 13.9% compared to CNY 2,899,462,445.23 in Q3 2022[23] - Operating profit for the period was CNY 336,825,710.37, up 87.7% from CNY 179,525,814.70 in the same period last year[24] - Net profit attributable to shareholders of the parent company was CNY 300,826,468.89, representing a 85.6% increase from CNY 161,970,849.50 in Q3 2022[24] Assets and Liabilities - The company's total assets as of September 30, 2023, were ¥5,092,235,717.97, representing a 4.21% increase from the end of the previous year[4] - Total assets increased to CNY 5,092,235,717.97, up from CNY 4,894,871,233.17 at the end of Q3 2022[21] - Total liabilities decreased to CNY 2,469,753,462.52 from CNY 2,572,793,628.29 year-over-year[21] - Total liabilities amounted to ¥2,491,005,281.95, remaining stable compared to the previous period[30] - Total liabilities amounted to CNY 2,565,029,829.85, a decrease of CNY 7,763,798.44 compared to the previous period[31] - The company’s total liabilities and equity combined totaled CNY 4,886,734,533.26, reflecting a decrease of CNY 8,136,699.91[31] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥386,718,431.56, a significant increase of 614.57% compared to the same period last year[10] - The net cash flow from operating activities was ¥386,718,431.56, significantly up from ¥54,118,970.01 in the prior period, indicating a strong operational performance[27] - The total cash inflow from investment activities was ¥203,172,871.07, compared to ¥139,377,026.56 in the previous period, reflecting an increase of 45.8%[28] - The cash inflow from financing activities totaled ¥485,341,175.06, down from ¥611,310,191.34 in the previous period, a decrease of 20.6%[28] - The total cash and cash equivalents at the end of the period increased to ¥786,444,419.68, up from ¥570,393,501.41 in the previous period[28] Segment Performance - The industrial automation segment generated revenue of CNY 1,861.07 million, accounting for 56.36% of total revenue, with a growth of 9.09% year-on-year[14] - The network energy business reported revenue of CNY 596.46 million, which is a year-on-year increase of 13.51%, making up 18.06% of total revenue[14] - The new energy vehicle segment achieved revenue of CNY 395.78 million, showing a growth of 3.82% year-on-year, contributing 11.99% to total revenue[14] - The photovoltaic energy storage business saw a revenue increase of 68.19% year-on-year, totaling CNY 274.42 million, representing 8.31% of total revenue[14] Shareholder Information - The number of common stock shareholders at the end of the reporting period was 68,591[12] - The top shareholder, Huang Shenli, holds 8.66% of the shares, with a total of 68,969,770 shares, of which 3,000,000 are pledged[12] - The company executed 322,700 stock options under its 2020 stock option incentive plan during the reporting period[15] Other Financial Metrics - The company reported a significant increase in long-term payables, rising by 35,277.75% to ¥208,234,139.74, due to obligations related to minority shareholder capital increases[10] - Research and development expenses remained stable at CNY 309,772,144.50, slightly down from CNY 309,900,346.67 in the previous year[23] - The company has adopted new accounting standards effective from January 1, 2023, which may impact future financial reporting[29] - The company reported a deferred income tax liability of CNY 200,642.03, which is a significant change from CNY 7,964,440.47 previously[31] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[24]