WDM(SH:600055)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥331,458,962.91, representing a year-on-year increase of 20.04%[4] - Net profit attributable to shareholders for the same period was ¥44,142,718.87, with a slight increase of 0.75% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥34,789,971.16, showing a decrease of 13.29% year-on-year[4] - Year-to-date revenue until the end of the reporting period was ¥925,789,900.33, reflecting a growth of 26.36% compared to the same period last year[4] - Year-to-date net profit attributable to shareholders reached ¥120,183,411.96, an increase of 16.54% year-on-year[4] - The basic earnings per share for Q3 2023 was ¥0.063, down by 7.35% compared to the same period last year[4] - The weighted average return on equity for the reporting period was 0.95%, a decrease of 0.20 percentage points year-on-year[4] - Net profit for the first three quarters of 2023 was ¥121,823,300.98, representing a 17.9% increase from ¥103,293,470.00 in the same period of 2022[14] - The comprehensive income attributable to the parent company for the third quarter of 2023 was approximately $120.18 million, compared to $103.13 million in the same quarter of 2022, representing an increase of about 16.5%[30] - Basic and diluted earnings per share for the third quarter of 2023 were both reported at 0.171 yuan, an increase from 0.160 yuan in the same quarter of 2022, reflecting a growth of about 6.9%[30] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥46,814,270.40, which represents a decline of 35.64% compared to the previous year[4] - The net cash flow from operating activities was CNY 46,814,270.40, a decrease of 35.64% compared to the previous year[16] - Cash inflow from investment activities totaled CNY 850,587,310.47, down from CNY 939,485,815.23 in the previous year[16] - The net cash flow from investment activities was CNY -413,747,838.88, an improvement from CNY -554,508,445.81 in the previous year[16] - Cash inflow from financing activities was CNY 2,000,000.00, significantly lower than CNY 2,101,222,961.50 in the previous year[16] - The net cash flow from financing activities decreased by 104.19% to CNY -85,189,830.68 compared to the previous year[16] - As of September 30, 2023, the company's cash and cash equivalents decreased to approximately $2.80 billion from $3.24 billion as of December 31, 2022, representing a decline of about 13.6%[27] - The total current assets amounted to approximately $4.23 billion, slightly down from $4.27 billion at the end of 2022, indicating a decrease of about 1.0%[27] - The company's total assets increased to approximately $5.28 billion as of September 30, 2023, compared to $5.26 billion at the end of 2022, reflecting a growth of about 0.1%[38] - The company's total liabilities amounted to ¥519,532,140.61, a decrease from ¥551,981,473.99 in the previous reporting period[13] - The total equity attributable to shareholders reached ¥4,647,866,254.95, up from ¥4,605,403,996.79 in the previous period[13] - The total current liabilities decreased to approximately $466.14 million from $492.08 million at the end of 2022, indicating a decline of about 5.3%[38] Research and Development - Research and development expenses increased to ¥109,772,089.94 in 2023, compared to ¥83,910,445.95 in 2022, reflecting a growth of 30.9%[14] - The company increased its R&D expenses by 30.82%, reflecting a commitment to enhancing innovation[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 31,568[9] - Major shareholder Midea Group holds 45.46% of the shares, totaling 319,579,981 shares[10] Income and Liabilities - The company reported a financial income of ¥50,907,958.00, an increase from ¥32,959,936.23 in the same period last year[14] - The company’s deferred income tax liabilities were recorded at ¥349,301.01, down from ¥396,616.35 in the previous period[13] - The company's inventory increased to approximately $341.43 million as of September 30, 2023, compared to $266.62 million at the end of 2022, indicating a rise of about 28.0%[27] - Long-term receivables rose to approximately $195.33 million from $114.53 million year-over-year, showing an increase of about 70.6%[27] - The company's total non-current assets reached approximately $1.05 billion, up from $996.26 million at the end of 2022, reflecting an increase of about 5.5%[38] Government Subsidies and Investment Income - The company received government subsidies amounting to CNY 7,874,311.47, which contributed to an increase in other income by 60.52%[20] - The company reported a decrease in investment income by 63.30% due to the expiration of previously invested financial products[22]