2023-10-29 23:41Financial Performance - The total operating revenue for the nine months ended September 30, 2023, was RMB 445.92 billion, an increase from RMB 406.38 billion in the same period of 2022, representing a growth of approximately 9.7%[4] - The net profit attributable to the parent company's shareholders for the nine months ended September 30, 2023, was RMB 6.10 billion, compared to RMB 5.86 billion in 2022, reflecting a growth of approximately 4.1%[4] - Total operating revenue for the nine months ended September 30, 2023, was RMB 14,047,321,466.91, an increase of 25.4% compared to RMB 11,188,560,514.65 for the same period in 2022[10] - Net profit for the nine months ended September 30, 2023, reached RMB 2,514,371,903.02, representing a 76.9% increase from RMB 1,421,801,867.46 in the previous year[10] - Operating profit for the nine months ended September 30, 2023, was RMB 2,577,822,272.57, up 77.8% from RMB 1,450,038,538.82 in the same period of 2022[10] - Total comprehensive income for the nine months ended September 30, 2023, was RMB 10,070,464,205.21, compared to RMB 9,826,525,272.19 for the same period in 2022, representing an increase of approximately 2.5%[5] - Basic and diluted earnings per share for the nine months ended September 30, 2023, were both RMB 1.96, up from RMB 1.88 in the same period of 2022, indicating a growth of 4.3%[5] - The total comprehensive income for the nine months ended September 30, 2023, was RMB 2,514,183,672.87, compared to RMB 1,422,481,317.17 for the same period in 2022, marking an increase of 76.7%[11] Operating Costs and Expenses - The total operating costs for the same period were RMB 432.15 billion, up from RMB 392.89 billion in 2022, indicating an increase of about 10%[4] - The total operating costs for the nine months ended September 30, 2023, were RMB 13,833,794,320.12, an increase of 24.5% from RMB 11,108,880,526.52 in the same period of 2022[10] - The company incurred financial expenses of RMB (80,753,935.14) for the nine months ended September 30, 2023, compared to RMB (3,066,007.76) in the previous year, indicating a significant increase in financial costs[10] - Research and development expenses for the nine months ended September 30, 2023, were RMB 260.77 million, up from RMB 210.37 million in 2022, reflecting an increase of about 23.9%[4] Assets and Liabilities - The total assets as of September 30, 2023, amounted to RMB 419.95 billion, an increase from RMB 364.62 billion at the end of 2022, showing a growth of about 15.2%[3] - The total liabilities as of September 30, 2023, were RMB 304.01 billion, compared to RMB 254.34 billion at the end of 2022, representing an increase of approximately 19.6%[3] - The total assets as of September 30, 2023, were RMB 84,681,579,018.47, down from RMB 99,931,327,950.98 at the end of 2022, representing a decrease of about 15.3%[8] - Total liabilities decreased to RMB 52,302,686,213.33 as of September 30, 2023, from RMB 67,508,382,526.11 at the end of 2022, a reduction of approximately 22.4%[9] - The company’s long-term borrowings increased to RMB 10,380,005,422.22 as of September 30, 2023, from RMB 6,499,355,062.77 at the end of 2022, reflecting a rise of about 59.5%[9] Cash Flow - Cash inflow from operating activities for the nine months ended September 30, 2023, totaled RMB 429,680,642,491.74, compared to RMB 409,158,542,515.55 in 2022, reflecting an increase of about 5%[6] - The net cash outflow from operating activities was RMB 39,670,218,051.28 for the nine months ended September 30, 2023, compared to RMB 31,428,331,125.74 in 2022, indicating a deterioration in cash flow management[6] - Cash inflow from financing activities was RMB 112,682,122,913.69 for the nine months ended September 30, 2023, compared to RMB 98,565,769,927.47 in 2022, showing an increase of approximately 14.3%[7] - Cash flow from operating activities showed a net outflow of RMB 1,124,762,343.16 for the nine months ended September 30, 2023, compared to a net outflow of RMB 1,510,331,147.08 in the previous year[12] - Cash flow from investing activities generated a net inflow of RMB 3,496,984,025.20 for the nine months ended September 30, 2023, contrasting with a net outflow of RMB 2,951,843,352.19 in the same period of 2022[13] Inventory and Receivables - The cash and cash equivalents decreased to RMB 44.26 billion from RMB 67.26 billion, a decline of about 34.1%[2] - The inventory increased to RMB 66.29 billion from RMB 59.12 billion, marking an increase of approximately 12.5%[2] - The company reported a significant increase in accounts receivable, which rose to RMB 231.03 billion from RMB 152.58 billion, indicating a growth of approximately 51.4%[2] - The company reported investment income of RMB 2,356,156,085.08 for the nine months ended September 30, 2023, an increase of 74% from RMB 1,353,964,317.45 in the previous year[10] - The company plans to continue expanding its market presence and investing in new technologies and products to drive future growth[4]