NARI-TECH(SH:600406)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥10,317,455,690.58, representing an increase of 11.01% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥1,661,490,999.70, reflecting a year-on-year growth of 7.54%[3]. - The basic earnings per share for Q3 2023 was ¥0.21, up by 7.55% from the previous year[4]. - Total operating revenue for the first three quarters of 2023 reached ¥28.57 billion, a 11.4% increase from ¥25.62 billion in the same period of 2022[16]. - Net profit for the first three quarters of 2023 was ¥4.41 billion, representing a 13.1% increase compared to ¥3.89 billion in the same period of 2022[17]. - Basic earnings per share for the first three quarters of 2023 were ¥0.52, up from ¥0.46 in the same period of 2022[18]. - The company reported a profit before tax of ¥5.11 billion, a 11.0% increase from ¥4.60 billion in the same period of 2022[17]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥76,395,601,796.11, showing a slight decrease of 0.35% from the end of the previous year[4]. - The total liabilities decreased to RMB 29,192,136,793.13 from RMB 31,307,197,464.91, a reduction of approximately 6.8%[14]. - The total assets as of Q3 2023 were reported at 76,701,231,995.18 RMB, slightly up from 76,665,557,522.15 RMB at the end of 2022[22]. - The total liabilities reached 30,696,354,153.49 RMB, reflecting the company's ongoing obligations and financial commitments[25]. Equity and Shareholder Information - The total equity attributable to shareholders at the end of Q3 2023 was ¥44,237,981,090.69, which is a 4.17% increase from the previous year[4]. - The number of ordinary shareholders at the end of the reporting period was 77,188, with the largest shareholder holding 51.48% of the shares[8]. - The equity attributable to shareholders increased to RMB 44,237,981,090.69 from RMB 42,466,099,217.30, reflecting a growth of about 4.2%[15]. Cash Flow and Investments - The company reported cash flow from operating activities of ¥2,037,849,473.18 for the year-to-date period, an increase of 2.26%[4]. - The net cash flow from investment activities for Q3 2023 was -1,054,710,357.73 RMB, an improvement from -2,573,315,431.56 RMB in Q3 2022, indicating a reduction in cash outflow[20]. - The cash flow from financing activities showed a net outflow of -3,594,248,744.32 RMB in Q3 2023, worsening from -2,720,476,327.93 RMB in the same period last year[20]. - The cash outflow from investment activities totaled 6,184,269,595.33 RMB, an increase from 5,838,189,669.83 RMB in the previous year, suggesting heightened investment expenditures[20]. Operational Costs and Expenses - Total operating costs increased to ¥23.92 billion, up 11.0% from ¥21.54 billion year-over-year[16]. - Research and development expenses for the first three quarters of 2023 totaled ¥1.73 billion, an increase of 18.9% from ¥1.45 billion in the same period of 2022[16]. - Sales expenses rose to ¥1.33 billion, up 10.2% from ¥1.21 billion year-over-year[16]. Other Financial Metrics - The weighted average return on equity for Q3 2023 was 3.83%, a decrease of 0.15 percentage points compared to the previous year[4]. - The company experienced a decrease in credit impairment losses to ¥86.71 million from ¥127.43 million year-over-year[17]. - Other comprehensive income after tax for the first three quarters of 2023 was ¥2.57 million, compared to a loss of ¥2.37 million in the same period of 2022[18]. Corporate Developments - The company established a wholly-owned subsidiary, Nanjing Nari Ruiteng Technology Co., Ltd., with a registered capital of RMB 90 million[10]. - The company repurchased and canceled 370,613 shares of restricted stock from 12 individuals who did not meet the criteria of the 2018 and 2021 incentive plans[10]. - The company plans to continue expanding its market presence and investing in new technologies and products[2].