YTO(SH:600233)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,375,937.07 million, representing a slight increase of 0.01% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was CNY 79,839.90 million, a decrease of 19.98% year-on-year[4]. - The net profit after deducting non-recurring gains and losses was CNY 75,726.50 million, down 21.25% from the previous year[4]. - Basic earnings per share for Q3 2023 were CNY 0.2320, a decrease of 20.06% year-on-year[4]. - The weighted average return on equity was 2.85%, down 1.19 percentage points compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2023 reached ¥40,758,897,463.49, an increase of 5.0% compared to ¥38,824,655,547.90 in the same period of 2022[18]. - Total operating costs for the first three quarters of 2023 were ¥37,611,224,566.50, up 5.8% from ¥35,536,962,309.54 in the first three quarters of 2022[18]. - Net profit for the third quarter of 2023 was ¥2,694,261,205.77, a decrease of 4.1% from ¥2,810,875,405.49 in the same quarter of 2022[20]. - The total profit for the third quarter of 2023 was ¥3,442,164,698.71, down from ¥3,615,494,577.24 in the third quarter of 2022, reflecting a decline of 4.8%[20]. - The company’s total comprehensive income for the third quarter of 2023 was ¥2,719,548,423.71, down from ¥3,414,392,268.00 in the same quarter of 2022, indicating a decrease of 20.4%[21]. Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 4,130,329.77 million, an increase of 5.21% compared to the end of the previous year[5]. - Shareholders' equity attributable to the parent company was CNY 2,828,994.79 million, up 6.06% from the end of the previous year[5]. - The company's total current assets as of September 30, 2023, amounted to RMB 14.42 billion, an increase from RMB 14.14 billion as of December 31, 2022[14]. - The company's total assets reached RMB 41.30 billion as of September 30, 2023, up from RMB 39.26 billion at the end of 2022, indicating a growth of about 5.2%[17]. - Total liabilities increased to RMB 12.45 billion as of September 30, 2023, compared to RMB 12.06 billion at the end of 2022, representing an increase of approximately 3.2%[16]. - The total assets as of Q3 2023 amounted to ¥39,257,319,802.83, slightly down from ¥39,259,578,830.15 at the end of the previous year[30]. - The total liabilities for Q3 2023 were reported at ¥11,268,260,519.85, remaining stable compared to the previous year[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 381,002.33 million, a decrease of 23.47% year-on-year[4]. - The net cash flow from operating activities for Q3 2023 was ¥3,810,023,283.75, a decrease of 23.5% compared to ¥4,978,322,721.61 in Q3 2022[24]. - Cash inflow from operating activities for the first three quarters of 2023 was ¥44,684,148,104.90, compared to ¥43,328,978,509.28 in the same period of 2022, reflecting a growth of 3.1%[23]. - The total cash outflow from investing activities was ¥4,368,831,579.74, significantly lower than ¥7,505,966,599.00 in the same period last year, resulting in a net cash flow from investing activities of -¥1,285,455,065.30[24]. - The company reported a cash inflow from financing activities of ¥3,665,491,968.20, a slight increase from ¥3,621,651,747.07 in Q3 2022[24]. - The cash outflow for financing activities was ¥4,258,173,248.36, up from ¥3,461,427,287.02 in the same quarter last year, leading to a net cash flow from financing activities of -¥592,681,280.16[24]. Shareholder Information - The top shareholder, Shanghai YTO Dragon Investment Development (Group) Co., Ltd., holds 30.30% of the shares, followed by Alibaba (China) Network Technology Co., Ltd. with 11.02%[9]. - As of September 28, 2023, the company has repurchased a total of 15.108 million shares, accounting for 0.44% of the total share capital, with a total repurchase amount of RMB 222.26 million (excluding transaction fees)[11]. - The company plans to continue its share repurchase program for employee stock ownership plans or equity incentive plans within the next six months[11]. Other Financial Metrics - The company reported a government subsidy of CNY 40,188,896.36 for the current period, contributing to its financial performance[6]. - Research and development expenses for the first three quarters of 2023 were ¥41,436,615.07, a decrease of 22.6% from ¥53,625,844.42 in the same period of 2022[18]. - The company reported a financial income of ¥92,391,297.15 in the first three quarters of 2023, compared to ¥66,879,739.75 in the same period of 2022, indicating a significant increase[18]. - The company’s other comprehensive income after tax for the third quarter of 2023 was ¥25,287,217.94, significantly lower than ¥603,516,862.51 in the same quarter of 2022[21]. - The cash paid to employees increased to ¥1,930,197,051.00 from ¥1,763,523,688.78, reflecting a growth of 9.5% year-over-year[24]. Accounting Changes - The company has adopted new accounting standards effective from January 1, 2023, which may impact future financial reporting[26].