DAAE(SH:600178)2016-10-18 16:00Financial Performance - Total revenue for the first nine months reached ¥1,771,055,469.37, a 116.20% increase compared to ¥819,168,061.08 in the same period last year[10] - Net profit attributable to shareholders was ¥71,785,104.87, up 92.67% from ¥37,258,546.27 year-on-year[10] - The company's operating revenue for Q3 2023 reached ¥572,709,781.81, a significant increase of 170.5% compared to ¥211,501,073.70 in Q3 2022[20] - The net profit for the period was ¥16,141,097.05, compared to a net loss of ¥30,171,685.22 in the same period last year, marking a turnaround[21] - The total profit for the first nine months of 2023 was ¥71,785,104.87, up from ¥37,258,546.27 in the previous year, reflecting a growth of 92.7%[21] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥126,331,432.93, a decline of 214.04% compared to a positive cash flow of ¥110,779,629.85 in the same period last year[10] - Cash flow from operating activities showed a net outflow of ¥126,331,432.93 for the first nine months, compared to a net inflow of ¥110,779,629.85 in the same period last year[23] - The company’s total cash and cash equivalents at the end of September 2023 were ¥22,793,023.57, down from ¥145,878,203.64 at the end of September 2022[23] - The company's total assets increased by 20.40% to ¥4,119,454,822.84 from ¥3,421,532,170.04 at the end of the previous year[11] - Total assets grew to ¥4,119,454,822.84, up from ¥3,421,532,170.04, mainly due to increased sales and operational assets[12] Shareholder Information - The number of shareholders reached 28,149, with the largest shareholder, China Changan Automobile Group, holding 54.51% of the shares[9] Expenses and Costs - The company experienced a 109.07% increase in operating costs, totaling ¥1,572,017,468.35 compared to ¥751,920,083.70 last year[10] - The increase in sales expenses was attributed to higher sales volume, with total sales expenses amounting to ¥49,101,793.19, a 37.01% increase from the previous year[10] - The company incurred operating costs of ¥508,436,526.44 in Q3 2023, which is an increase of 160.6% from ¥195,126,471.17 in Q3 2022[20] - The company’s sales expenses for the first nine months were ¥49,101,793.19, up from ¥35,839,077.03 in the previous year, indicating a rise of 37.0%[20] Investment and Earnings - Basic earnings per share rose to ¥0.1554, reflecting a 92.80% increase from ¥0.0806[10] - The basic earnings per share for Q3 2023 was ¥0.0350, recovering from a loss of ¥0.0653 in Q3 2022[21] - The company reported a significant increase in investment income, which rose by 134.79% to ¥61,173,250.50 compared to ¥26,054,498.22 in the previous year[10] - The company reported a significant increase in investment income, totaling ¥61,173,250.50 for the first nine months, compared to ¥26,054,498.22 in the previous year, representing an increase of 134.0%[20] Liabilities and Commitments - Long-term borrowings decreased by 44.58% to ¥100,000,000.00 from ¥180,448,956.21, as part of the long-term debt was reclassified to current liabilities[12] - The increase in tax payable by 261.88% to ¥4,583,621.72 is attributed to the rise in unremitted value-added tax[12] - The company has ongoing commitments related to competition and a repayment agreement with Harbin Aircraft, which is currently under legal proceedings[14] Equity and Returns - The weighted average return on equity increased to 4.02%, up by 1.88 percentage points from 2.14%[10] - The company's equity increased to ¥1,820,606,717.59, up from ¥1,748,821,612.72, primarily due to operational profits[18] - The net profit forecast for the year may indicate a significant change compared to the previous year, with potential losses[16]