CR Double-Crane(SH:600062)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 2,311,747,255.88, representing a year-on-year increase of 2.86%[6] - Net profit attributable to shareholders for Q3 2023 was CNY 300,970,630.39, an increase of 24.34% compared to the same period last year[6] - The basic earnings per share for Q3 2023 was CNY 0.2948, reflecting a growth of 24.44% year-on-year[7] - The net profit after deducting non-recurring gains and losses for Q3 2023 was CNY 291,837,550.28, up 24.43% from the same period last year[6] - Total operating revenue for the first three quarters of 2023 reached ¥7,545,895,267.24, an increase of 5.4% compared to ¥7,158,192,142.29 in the same period of 2022[24] - Net profit for the first three quarters of 2023 was ¥1,073,104,795.90, up 5.0% from ¥1,021,770,835.27 in the first three quarters of 2022[25] - Total profit for the first three quarters of 2023 was ¥1,289,797,937.40, an increase of 3.7% from ¥1,243,634,999.08 in 2022[25] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 15,047,462,696.60, which is a 3.90% increase from the end of the previous year[7] - The total liabilities decreased to CNY 3,503,592,729.64 from CNY 3,752,890,948.05, showing a reduction of about 6.6%[22] - The company’s non-current liabilities decreased significantly from CNY 741,063,354.29 to CNY 525,052,661.94, a reduction of approximately 29.2%[22] - The company's equity attributable to shareholders increased to CNY 10,846,442,484.27 from CNY 10,022,611,149.67, marking an increase of approximately 8.2%[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 1,030,266,056.23, showing a year-on-year increase of 19.73%[6] - Cash flow from operating activities generated a net amount of ¥1,030,266,056.23, compared to ¥860,480,729.27 in the same period last year, reflecting a growth of 19.7%[27] - The net cash flow from investment activities was negative CNY 690.86 million in 2023, a significant decline from a positive cash flow of CNY 10.56 million in 2022[28] - The total cash outflow from financing activities was CNY 160.22 million in 2023, down from CNY 630.84 million in 2022, indicating a reduction of approximately 74.6%[28] - The cash and cash equivalents at the end of Q3 2023 amounted to CNY 2.80 billion, an increase from CNY 2.27 billion at the end of Q3 2022, reflecting a growth of approximately 23.1%[28] Investments and Financial Management - The company has implemented a centralized fund management model to enhance overall fund utilization efficiency and reduce financial risks[13] - The company reported actual returns from entrusted financial management of CNY 11,177,518.42 from a total entrusted amount of CNY 1,800,000,000.00[18] - The company has ongoing financial management plans with a projected annualized return rate of 1.5% to 3.0%[18] - The company plans to continue utilizing entrusted financial management strategies in the future[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,077[10] - The company received government subsidies amounting to CNY 12,587,534.49 during Q3 2023, which is part of its normal business operations[8] Research and Development - Research and development expenses increased to ¥379,523,669.44, representing a rise of 19.6% from ¥317,195,698.17 in the previous year[24] Other Financial Metrics - The company's cash and cash equivalents increased to CNY 2,961,559,805.73 from CNY 2,630,250,715.16, reflecting a growth of about 12.6% year-over-year[20] - Accounts receivable rose to CNY 1,676,675,321.20, up from CNY 1,287,478,716.53, indicating a significant increase of approximately 30.2%[20] - The inventory decreased to CNY 1,683,701,908.93 from CNY 1,878,625,849.49, reflecting a decline of about 10.4%[20] - The company reported a decrease in tax expenses to ¥216,693,141.50 from ¥221,864,163.81 in the previous year, reflecting a reduction of 2.3%[25] - Other comprehensive income after tax amounted to ¥91,299.73, compared to ¥11,145.37 in the same period of 2022, indicating a significant increase[25]