利通科技(832225) - 2023 Q3 - 季度财报

Financial Performance - Net profit attributable to shareholders increased by 70.91% to CNY 97,487,635.61 for the first three quarters of 2023[12] - Operating revenue for the first three quarters reached CNY 356,457,958.15, a growth of 30.57% year-on-year[12] - The company achieved a 22.02% increase in revenue for Q3 2023 compared to Q3 2022, totaling CNY 124,570,948.33[12] - The company’s net profit for Q3 2023 was CNY 34,388,580.99, reflecting a 45.57% increase year-on-year[12] - Operating profit increased by 69.62% to CNY 110,792,380.67, driven by high-value products like acid fracturing hose assemblies[14] - Net profit rose by 70.76% to CNY 97,397,984.40, attributed to the increase in operating profit[14] - Total profit rose by 69.50% to CNY 110,914,631.36, reflecting the increase in operating profit[14] - Net profit for the first nine months of 2023 was CNY 97,397,984.40, representing a 70.8% increase from CNY 57,038,924.70 in 2022[38] - Earnings per share for the third quarter of 2023 was CNY 0.92, compared to CNY 0.54 in the same quarter of the previous year, marking a 70.4% increase[38] Cash Flow - The net cash flow from operating activities increased by 40.05% to CNY 108,728,795.79[12] - Cash flow from operating activities increased by 40.05% to CNY 108,728,795.79, mainly due to higher export sales[14] - Cash flow from operating activities for the first nine months of 2023 was ¥89,996,364.81, an increase of 16.5% compared to ¥77,365,082.89 in the same period of 2022[44] - Total cash inflow from operating activities was ¥277,286,822.69, up from ¥246,210,980.47 in the previous year, reflecting a growth of 12.6%[44] - The cash outflow for purchasing goods and services decreased to ¥86,583,739.82 from ¥110,654,538.13, a reduction of 21.7%[44] - The cash flow from operating activities was positively impacted by a decrease in cash paid for taxes, which rose to ¥19,993,714.56 from ¥5,494,337.92, an increase of 263.5%[44] Assets and Liabilities - Total assets increased by 11.64% to CNY 749,452,628.23 compared to the end of last year[11] - As of September 30, 2023, the total assets of the company amounted to CNY 749,452,628.23, an increase from CNY 671,335,657.52 at the end of 2022, representing a growth of approximately 11.6%[28] - The company's cash and cash equivalents reached CNY 119,497,198.49, up from CNY 101,053,125.91 at the end of 2022, indicating a growth of about 18.2%[28] - The total current liabilities decreased to CNY 165,015,126.91 from CNY 169,584,034.22, reflecting a reduction of approximately 2.8%[30] - The company's inventory increased to CNY 126,382,163.33 from CNY 123,776,110.10, showing a rise of about 2.1%[28] - The non-current assets totaled CNY 372,338,392.34, up from CNY 322,582,381.90, marking an increase of approximately 15.5%[29] - The company's total liabilities slightly increased to CNY 192,175,109.38 from CNY 191,250,104.26, which is an increase of about 0.5%[30] - Total liabilities decreased to CNY 183,344,636.41 from CNY 190,256,563.83, a reduction of 3.8%[34] Shareholder Information - The total number of ordinary shareholders is 4,387, with a total share capital of 105,765,745 shares[18] - Major shareholders include Zhao Hongliang with 27.05% and Liu Xueping with 18.02% of shares[21] Expenses - Sales expenses rose by 63.23% to CNY 17,290,102.14, driven by increased sales commissions and marketing activities[13] - Research and development expenses for the first nine months of 2023 were CNY 18,029,678.48, up from CNY 14,073,207.74, reflecting a commitment to innovation[37] - Research and development expenses for the first nine months of 2023 were ¥18.03 million, up 28.2% from ¥14.07 million in 2022[40] - Cash paid to employees increased to ¥53,626,602.52 from ¥42,743,459.68, marking a rise of 25.5%[44] Investment Activities - Investment cash flow decreased by 128.49% to -CNY 57,200,818.37, due to increased cash payments for equipment purchases[14] - The net cash flow from investment activities was -¥29,627,644.11, worsening from -¥21,054,373.29 year-over-year[44] - The company reported a total cash inflow from investment activities of ¥9,100.00, significantly lower than the previous year's inflow of ¥6,018,700.95[44] Future Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[39]