Financial Performance - The company's revenue for the first nine months of 2023 reached ¥992,315,563.74, representing a 25.89% increase compared to ¥788,255,408.91 in the same period last year[11] - Net profit attributable to shareholders for the same period was ¥86,141,356.04, up 29.47% from ¥66,535,371.20 year-on-year[11] - In Q3 2023, the company reported a revenue of ¥394,057,863.90, marking a 27.98% increase from ¥307,912,933.54 in Q3 2022[11] - The net profit attributable to shareholders in Q3 2023 was ¥33,175,181.84, a significant increase of 41.74% from ¥23,405,523.46 in the same quarter last year[11] - Total operating revenue for the first nine months of 2023 reached ¥844,138,337.76, an increase from ¥666,187,427.20 in the same period of 2022, representing a growth of approximately 26.7%[41] - Net profit for the first nine months of 2023 was ¥63,387,773.17, compared to ¥56,006,565.99 in 2022, reflecting an increase of about 13.7%[43] - The total profit of ¥70,922,862.62 for the first nine months of 2023, compared to ¥65,085,972.35 in 2022, reflecting an increase of about 13.3%[42] Cash Flow - The net cash flow from operating activities improved by 54.43%, with a net outflow of ¥81,360,565.57 compared to ¥178,527,056.21 in the previous year[11] - Cash inflow from operating activities was ¥838,689,958.15 in 2023, compared to ¥607,884,791.77 in 2022, representing a growth of approximately 37.9%[44] - The net cash flow from operating activities was -90,006,201.70, compared to -24,859,561.60 in the previous period, indicating a decline in operational performance[48] - Cash inflow from operating activities totaled 712,732,727.48, an increase from 612,198,984.64, driven by higher sales revenue[48] - Cash outflow from operating activities increased to 802,738,929.18 from 637,058,546.24, primarily due to higher payments for goods and services[48] - The net cash flow from investing activities was -1,518,537.65, a slight improvement from -189,120.17, reflecting reduced investment outflows[48] - Cash inflow from financing activities increased to 68,795,626.47 from 41,856,705.04, indicating stronger borrowing activities[48] - The net cash flow from financing activities was 37,950,504.58, up from 14,808,964.60, showing improved financial management[48] - The ending cash and cash equivalents balance was 27,759,560.70, down from 28,075,632.69, reflecting overall cash management challenges[48] Assets and Liabilities - Total assets as of September 30, 2023, were ¥1,584,725,358.79, reflecting an 18.71% increase from ¥1,334,909,417.38 at the end of 2022[11] - The company's total liabilities to assets ratio increased to 37.98% from 31.62% year-on-year[11] - Total liabilities increased to CNY 601.92 million as of September 30, 2023, compared to CNY 422.10 million at the end of 2022, marking a rise of 42.7%[31] - Current liabilities totaled CNY 592.67 million, an increase of 43.3% from CNY 413.80 million in the previous year[31] - Non-current liabilities amounted to CNY 9.25 million, up from CNY 8.30 million, indicating an increase of 11.5%[31] Shareholder Information - The total number of unrestricted shares increased from 63,251,611 to 66,786,299, representing a change of 5.98%[17] - The proportion of unrestricted shares held by the controlling shareholder remained at 9.79%, with no change in quantity[17] - The total number of restricted shares decreased from 44,368,389 to 40,833,701, a decline of 7.99%[17] - The total number of shareholders holding common stock is 6,786[17] Research and Development - Research and development expenses rose by 60.06% to ¥35,976,980.24, driven by increased investment in new projects[12] - Research and development expenses increased to ¥23,328,200.84 in 2023 from ¥16,722,234.18 in 2022, marking a rise of approximately 39.7%[42] Other Financial Metrics - The weighted average return on equity based on net profit attributable to shareholders was 9.06%, up from 7.55% in the previous year[11] - The company's retained earnings increased to CNY 513.23 million from CNY 443.23 million, a growth of 15.8%[31] - The total equity attributable to shareholders reached CNY 982.81 million, up from CNY 912.81 million, representing an increase of 7.7%[31] - The basic and diluted earnings per share for the first nine months of 2023 were both ¥0.80, up from ¥0.62 in 2022, indicating an increase of approximately 29%[39] - The company incurred credit impairment losses of ¥6,508,289.97 in 2023, compared to ¥2,608,716.54 in 2022, which is an increase of approximately 149.5%[42]
禾昌聚合(832089) - 2023 Q3 - 季度财报