ETERN(SH:600105)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,069,246,917.32, a decrease of 14.37% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥46,774,893.62, down 8.39% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,587,571.66, a decline of 24.09% compared to the previous year[5] - The basic earnings per share for Q3 2023 was ¥0.033, reflecting a decrease of 8.33% year-on-year[6] - The company reported a total comprehensive income of CNY 97,802,899.77 in Q3 2023, down from CNY 102,400,484.31 in Q3 2022, reflecting a decrease of approximately 4.9%[19] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.062, up from CNY 0.058 in Q3 2022, marking an increase of about 6.9%[19] Assets and Liabilities - The total assets as of September 30, 2023, amounted to ¥8,213,066,027.91, representing a 3.44% increase from the end of the previous year[6] - Total assets reached CNY 8,213,066,027.91 as of September 30, 2023, up from CNY 7,940,277,927.83 at the end of 2022, reflecting growth in the asset base[15] - Total liabilities increased to CNY 4,901,508,890.80 from CNY 4,682,553,645.28, indicating a rise in financial obligations[14] - The company’s total liabilities decreased from CNY 1,440,411,030.20 in Q3 2022 to CNY 2,097,937,658.13 in Q3 2023, indicating a reduction in financial leverage[23] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was ¥78,083,510.32, showing a positive turnaround compared to the previous year[7] - Operating cash flow for Q3 2023 was CNY 78,083,510.32, a significant improvement compared to a negative cash flow of CNY -480,723,821.79 in Q3 2022[22] - The company's cash and cash equivalents rose to CNY 1,303,619,414.33 as of September 30, 2023, compared to CNY 1,200,830,624.65 at the end of 2022, showing improved liquidity[12] - The cash and cash equivalents at the end of Q3 2023 were CNY 918,689,254.15, compared to CNY 907,367,166.30 at the end of Q3 2022, showing a slight increase[23] Shareholder Information - The total number of common shareholders at the end of the reporting period was 144,380[9] - The largest shareholder, Yongding Group Co., Ltd., held 27.24% of the shares, with 382,618,695 shares pledged[9] Revenue and Costs - Total revenue for the first three quarters of 2023 was CNY 2,945,472,290.46, a decrease of 4.66% compared to CNY 3,089,947,541.26 in the same period of 2022[17] - Total operating costs for the first three quarters of 2023 were CNY 2,934,258,814.83, down from CNY 3,063,305,641.08 in 2022, reflecting a cost reduction strategy[17] - Research and development expenses increased to CNY 152,367,430.84 in 2023 from CNY 113,751,134.94 in 2022, indicating a focus on innovation and new product development[17] Profitability - The company reported a net profit increase in the first three quarters of 2023, with undistributed profits rising to CNY 311,394,861.52 from CNY 224,392,714.70 in 2022, indicating improved profitability[15] - In Q3 2023, the company's net profit reached CNY 98,869,851.64, an increase from CNY 94,771,555.01 in Q3 2022, representing a growth of approximately 4.4%[18] - The company incurred a credit impairment loss of CNY 7,617,933.78 in Q3 2023, a significant improvement from a loss of CNY -9,297,712.86 in Q3 2022[18] - The company's operating profit for Q3 2023 was CNY 110,565,989.23, slightly up from CNY 107,168,086.78 in Q3 2022, reflecting a growth of about 2.2%[18] Inventory and Receivables - Accounts receivable decreased slightly to CNY 1,039,030,684.59 from CNY 1,049,503,605.83, indicating stable collection processes[12] - Inventory increased to CNY 702,137,272.18 in Q3 2023 from CNY 582,876,805.99 in Q3 2022, suggesting potential market expansion or increased production[13]