WHKG(SH:600168)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥762,061,321, representing a year-on-year increase of 25.66%[5] - The net profit attributable to shareholders for Q3 2023 was -¥19,444,656.64, a decrease of 471.28% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥20,146,344.87, a decrease of 586.91% year-on-year[5] - The basic earnings per share for Q3 2023 was -¥0.03, a decline of 400.00% compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥2,340,776,084.68, an increase of 15.7% compared to ¥2,023,698,275.36 in the same period of 2022[21] - Total operating costs for the first three quarters of 2023 were ¥2,361,117,190.41, up from ¥1,932,718,605.38 in 2022, reflecting a year-on-year increase of 22.2%[21] - Net profit for the third quarter of 2023 was ¥323,924,131.57, significantly higher than ¥97,931,600.84 in the same quarter of 2022, marking a year-on-year increase of 230.5%[22] - The company reported a profit before tax of ¥384,288,946.35 for the third quarter of 2023, compared to ¥119,476,205.35 in the same quarter of 2022, indicating a substantial increase of 221.5%[22] - Total comprehensive income for the third quarter amounted to CNY 323,924,131.57, with a net income attributable to the parent company of CNY 325,432,627.65, compared to CNY 100,881,921.60 in the previous year[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥21,288,433,989.24, an increase of 4.35% from the end of the previous year[6] - The total liabilities as of the end of the third quarter of 2023 were ¥15,648,595,522.03, compared to ¥15,087,580,659.84 at the end of the previous year, reflecting an increase of 3.7%[18] - The total equity attributable to shareholders of the parent company was ¥5,417,449,435.98, up from ¥5,091,412,258.13 in the previous year, representing a growth of 6.4%[18] - The total current liabilities and their specific amounts were not detailed in the provided content, but the overall financial health indicates a focus on managing liquidity and asset growth[15] - Total liabilities increased to ¥3,014,886,593.80 in Q3 2023, compared to ¥2,923,701,230.97 in Q3 2022, reflecting a rise in financial obligations[32] - Current liabilities totaled ¥496,722,304.50 in Q3 2023, a significant decrease from ¥1,122,129,665.39 in Q3 2022[32] - Long-term borrowings rose to ¥1,618,963,093.74 in Q3 2023, compared to ¥901,350,000.00 in the same period last year, indicating increased leverage[32] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥248,117,088.72, a decrease of 23.52%[6] - Cash flow from operating activities for the first nine months was CNY 1,555,890,791.07, slightly down from CNY 1,582,524,343.72 in the previous year[27] - Cash inflow from operating activities totaled 112,784,542.40 in the first three quarters of 2023, up from 90,980,901.32 in 2022, reflecting stronger sales performance[37] - Total cash outflow from operating activities was 164,034,082.74 in 2023, compared to 150,007,973.72 in 2022, indicating higher operational costs[37] - Cash flow from investing activities resulted in a net outflow of CNY 665,168,368.21, compared to a net outflow of CNY 1,178,904,690.27 in the previous year[28] - Cash flow from financing activities generated a net inflow of CNY 485,824,858.58, down from CNY 1,172,579,154.95 in the same period last year[28] - The ending cash and cash equivalents balance was CNY 769,390,614.79, down from CNY 1,138,875,468.22 at the end of the previous year[28] - The company reported a cash increase of -19,107,198.33 in Q3 2023, an improvement from -229,655,390.71 in Q3 2022, indicating better cash management[38] Investments and Expenses - Research and development expenses for the first three quarters of 2023 amounted to ¥56,595,234.72, compared to ¥28,179,352.97 in 2022, indicating a year-on-year increase of 100.5%[21] - Research and development expenses were reported at ¥42,000.00 in Q3 2023, a notable decrease from previous levels[34] - The company received 116,454,191.22 in investment income during the first three quarters of 2023, an increase from 109,072,822.34 in 2022, highlighting stable investment performance[38] - The company's financial expenses for the first three quarters of 2023 were ¥349,189,640.21, compared to ¥323,985,191.05 in 2022, showing an increase of 7.7%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 30,224[10] - The company appointed two new deputy general managers during the reporting period[14] - The company plans to prioritize the acquisition of profitable water supply business assets from its controlling shareholder, Wuhan Water Group, within five years, contingent on meeting certain conditions[14] - The company approved an additional expected amount of related party transactions for 2023, totaling RMB 62 million[14]