卧龙电驱(600580) - 2023 Q3 - 季度财报(更正)

Financial Performance - The operating revenue for Q3 2023 was CNY 4,252,466,364.90, representing a 4.77% increase compared to CNY 4,058,773,003.68 in the same period last year[4]. - The net profit attributable to shareholders was CNY 318,815,372.07, an increase of 11.82% from CNY 285,100,672.05 year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 218,040,631.43, a decrease of 17.67% compared to CNY 264,822,496.73 in the previous year[4]. - The basic earnings per share for the period was CNY 0.2444, up 11.34% from CNY 0.2195 in the same quarter last year[4]. - The diluted earnings per share was CNY 0.2446, reflecting an increase of 11.79% from CNY 0.2188 year-on-year[4]. - Operating profit for the third quarter of 2023 was ¥1,124,851,374.16, up from ¥967,603,831.54 in the same quarter of 2022, reflecting a growth of approximately 16.2%[32]. - The company reported a net profit of CNY 152,706,665.91 for the first three quarters of 2023, compared to CNY 119,656,695.06 in 2022, representing a growth of 27.63%[53]. - The total comprehensive income for the first three quarters of 2023 was CNY 1,040,378,909.38, up from CNY 903,512,326.76 in the same period last year, reflecting an increase of 15.16%[53]. - The basic earnings per share for the first three quarters of 2023 was CNY 0.7089, compared to CNY 0.6034 in 2022, marking an increase of 17.53%[53]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 25,506,523,612.80, an increase of 8.69% from CNY 23,445,635,135.20 at the end of the previous year[4]. - The equity attributable to shareholders was CNY 9,817,539,044.27, up 9.20% from CNY 8,990,156,637.35 at the end of the previous year[4]. - The company's total liabilities amounted to ¥14,373,706,657.44 as of September 30, 2023, compared to ¥13,324,817,875.02 at the end of 2022, indicating an increase of about 7.9%[30]. - Long-term borrowings increased to ¥3,787,559,013.29 as of September 30, 2023, compared to ¥2,839,080,006.06 at the end of 2022, indicating a rise of about 33.4%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 904,596,502.01, an increase of 28.64% compared to CNY 703,188,256.01 in the same period last year[4]. - The cash inflow from operating activities for the first three quarters of 2023 was CNY 11,010,890,767.48, an increase of 12.76% compared to CNY 9,763,142,025.46 in the same period of 2022[51]. - The cash and cash equivalents at the end of the period increased to CNY 2,684,385,164.05 from CNY 2,255,758,845.27, a rise of 18.93%[51]. - The total cash outflow from investment activities was CNY 894,815,269.61, compared to CNY 723,486,333.43 in the same period last year, indicating an increase of 23.66%[51]. - The net cash flow from financing activities was CNY -37,784,526.47, an improvement from CNY -44,833,412.43 in the previous year[51]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,068[24]. - The largest shareholder, Zhejiang Wolong Shunyu Investment Co., Ltd., holds 422,798,480 shares, accounting for 32.24% of total shares[24]. Current Assets - As of September 30, 2023, the company's cash and cash equivalents amount to RMB 2,881,684,925.54, an increase from RMB 2,305,038,965.91 at the end of 2022, representing a growth of approximately 25%[27]. - Accounts receivable increased to RMB 5,049,594,319.75 from RMB 4,478,300,544.04, reflecting a growth of about 12.8% year-over-year[27]. - Inventory as of September 30, 2023, stands at RMB 3,528,651,829.23, up from RMB 3,267,698,088.41, indicating an increase of approximately 8%[27]. - The total current assets have risen to RMB 13,979,078,487.51 from RMB 12,550,992,187.42, marking an increase of about 11.4%[27]. Investments and R&D - The company’s long-term equity investments decreased to RMB 877,696,381.15 from RMB 1,189,898,658.20, a decline of approximately 26.2%[27]. - Research and development expenses for the first three quarters of 2023 were ¥411,581,602.08, compared to ¥386,432,522.31 in the same period of 2022, reflecting an increase of approximately 6.5%[32]. Future Outlook - The company has not disclosed any new product or technology developments during the reporting period[28]. - There are no significant mergers or acquisitions reported in the latest financial results[28]. - The company has not provided specific future guidance or market expansion strategies in the conference call[28].