AECC AST(SH:600391)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,190,016,393.52, representing a year-on-year increase of 66.52%[3] - Net profit attributable to shareholders was ¥20,825,380.35, up 77.78% compared to the same period last year[3] - Basic earnings per share for the current period was ¥0.06, reflecting a 77.70% increase year-on-year[3] - Total operating revenue for the first three quarters of 2023 reached ¥3,039,822,089.50, an increase of 31.6% compared to ¥2,308,781,951.99 in the same period of 2022[15] - Total profit for Q3 2023 reached CNY 105,535,320.89, compared to CNY 42,293,148.40 in Q3 2022, indicating an increase of about 149.5%[16] - Net profit for Q3 2023 was CNY 84,903,742.52, significantly higher than CNY 31,252,053.05 in Q3 2022, reflecting a growth of approximately 171.5%[16] - Basic and diluted earnings per share for Q3 2023 were CNY 0.1005, compared to CNY 0.0030 in Q3 2022, marking an increase of 3,250%[17] - The company reported a total comprehensive income of CNY 84,903,742.52 for Q3 2023, compared to CNY 31,252,053.05 in Q3 2022, indicating a growth of approximately 171.5%[17] Assets and Liabilities - The total assets as of September 30, 2023, amounted to ¥8,234,553,582.63, a growth of 28.80% from the end of the previous year[4] - Total liabilities as of Q3 2023 were ¥5,966,616,694.13, an increase from ¥4,202,082,933.34 in the previous year, indicating a rise of 42.0%[12] - The total equity attributable to shareholders reached ¥1,587,220,151.48 in Q3 2023, compared to ¥1,534,347,851.52 in Q3 2022, reflecting an increase of 3.4%[13] - Inventory as of Q3 2023 was ¥3,167,532,861.87, up from ¥2,674,047,298.49 in the previous year, showing a growth of 18.4%[11] - Short-term borrowings increased significantly to ¥1,222,666,944.40 in Q3 2023, compared to ¥292,331,932.69 in Q3 2022, representing a rise of 318.5%[12] - Accounts receivable rose to ¥2,258,024,005.66 in Q3 2023, compared to ¥694,874,607.58 in the same period last year, indicating an increase of 225.5%[11] Cash Flow and Financing - The company reported a cash flow from operating activities net amount of -¥957,159,937.33 for the year-to-date period[3] - Cash flow from operating activities for the first nine months of 2023 was CNY -957,159,937.33, worsening from CNY -107,494,260.44 in the same period of 2022[19] - Cash inflow from financing activities in Q3 2023 was CNY 1,681,040,000.00, up from CNY 657,250,250.00 in Q3 2022, showing an increase of approximately 155.5%[20] - Cash and cash equivalents at the end of Q3 2023 totaled CNY 235,749,481.92, compared to CNY 144,398,859.04 at the end of Q3 2022, an increase of about 63.4%[20] Research and Development - Research and development expenses increased to ¥55,817,988.64 in the first three quarters of 2023, compared to ¥45,657,217.44 in 2022, marking a rise of 22.2%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,444[6] - The top shareholder, China Aviation Engine Corporation, holds 36.02% of the shares[6] Other Financial Metrics - The weighted average return on equity for the current period was 1.32%, an increase of 0.53 percentage points compared to the end of the previous year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,366,478.21, a 40.63% increase year-on-year[5] - The company incurred credit impairment losses of CNY -12,175,309.19 in Q3 2023, compared to CNY -11,496,816.09 in Q3 2022, reflecting a slight increase in losses[16] - The company's total revenue from sales of goods and services for the first nine months of 2023 was CNY 1,743,470,335.63, down from CNY 2,109,443,242.28 in the same period of 2022, a decrease of approximately 17.3%[18]