TFC(300394)2023-10-19 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥541,940,293.74, an increase of 73.62% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥203,075,406.11, up 94.95% year-on-year, while the net profit excluding non-recurring gains and losses was ¥195,130,578.66, reflecting a 104.05% increase[3]. - Basic earnings per share rose to ¥0.5146, a 93.68% increase from the previous year, while diluted earnings per share increased by 94.18% to ¥0.5138[3]. - The total operating revenue for the third quarter of 2023 reached CNY 1,206,110,652.99, a significant increase of 35.5% compared to CNY 889,632,875.27 in the same period last year[16]. - The net profit for the third quarter was CNY 439,693,943.71, representing a year-on-year growth of 58.0% from CNY 278,748,129.02[17]. - The total comprehensive income for the period reached approximately CNY 436.65 million, compared to CNY 274.86 million in the previous period, representing an increase of 58.8%[18]. - Basic earnings per share increased to CNY 1.1132 from CNY 0.7082, reflecting a growth of 57.1% year-over-year[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,342,427,727.86, representing a 15.22% increase from the end of the previous year[3]. - The total assets increased to CNY 3,342,427,727.86, up from CNY 2,900,921,125.63, marking a growth of 15.2%[15]. - The total liabilities rose to CNY 391,858,021.64, compared to CNY 263,905,116.05, reflecting a 48.5% increase[15]. - The total equity attributable to shareholders of the parent company reached CNY 2,889,730,113.75, up from CNY 2,625,814,014.89, indicating a growth of 10.0%[15]. Cash Flow and Liquidity - The company reported a 36.47% increase in net cash flow from operating activities, totaling ¥491,922,842.85, driven by increased sales[7]. - Cash flow from operating activities generated CNY 491.92 million, up from CNY 360.47 million, marking a rise of 36.4%[19]. - The company reported a net increase in cash and cash equivalents of CNY 715.77 million, compared to CNY 487.64 million in the prior period, an increase of 46.8%[20]. - The company's cash and cash equivalents as of September 30, 2023, amount to ¥1,388,377,781.02, an increase from ¥672,609,928.35 at the beginning of the year[13]. - The company’s cash and cash equivalents at the end of the period totaled CNY 1.39 billion, up from CNY 1.00 billion, an increase of 38.5%[20]. Inventory and Accounts - The company’s inventory increased by 20.81% to ¥22,525.05 million, attributed to natural growth from increased sales[6]. - The company experienced a significant increase in accounts payable, which rose by 77.05% to ¥14,367.34 million, reflecting higher procurement costs driven by sales growth[6]. - The company's accounts receivable as of September 30, 2023, stand at ¥399,068,993.65, up from ¥304,936,235.03 at the beginning of the year, reflecting a growth of approximately 30.8%[13]. Research and Development - Research and development expenses for the quarter amounted to CNY 104,684,341.83, an increase of 9.5% from CNY 96,131,434.82 in the previous year[16]. - The company plans to continue expanding its product lines and enhancing R&D efforts to meet the growing demand in global data centers[6]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 42,553, with the largest shareholder, Suzhou Tianfu Renhe Investment Management Co., holding 38.11% of shares[8]. - The number of shares held by the top ten shareholders includes 150,510,234 shares by Suzhou Tianfu Renhe, representing the largest single holding[9]. - The company has a total of 33,424,597 restricted shares at the end of the reporting period, with no new restricted shares added during the current period[11]. - The total number of priority shareholders is not applicable, indicating no priority shares were issued[10]. - The total shares held by shareholder Zhu Guodong, which are subject to management lock-up restrictions, amount to 32,286,367[10].