GLARUNTECH(SH:600562)2023-10-26 16:00Financial Performance - Operating revenue for Q3 2023 was CNY 566,422,923.94, an increase of 4.23% year-on-year[17]. - Net profit attributable to shareholders for Q3 2023 was CNY 58,588,902.95, a decrease of 14.54% compared to the same period last year[17]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.05, compared to a loss of CNY 16.67 in the same period last year[5]. - Total operating revenue for the first three quarters of 2023 reached ¥2,124,762,954.27, an increase of 5.2% compared to ¥2,019,622,587.42 in the same period of 2022[28]. - Net profit attributable to shareholders of the parent company for Q3 2023 was ¥393,693,142.80, compared to ¥362,262,505.88 in Q3 2022, marking an increase of 8.7%[31]. - The total profit for Q3 2023 was CNY 456,612,183.43, up from CNY 414,194,794.57 in Q3 2022, reflecting an increase of around 10.2%[58]. Assets and Liabilities - Total assets as of September 30, 2023, were CNY 8,515,498,550.15, reflecting a 4.01% increase from the end of the previous year[5]. - The total liabilities as of Q3 2023 amounted to ¥3,160,905,129.65, an increase from ¥3,064,067,626.98 in the previous year[27]. - The total equity attributable to shareholders of the parent company was ¥5,335,676,918.65, up from ¥5,106,192,870.39 year-over-year, indicating a growth of 4.5%[27]. - The total liabilities as of September 30, 2023, were CNY 95,045,571.93, down from CNY 108,803,535.66 at the end of the previous year, representing a decrease of approximately 12.7%[58]. Cash Flow - Cash flow from operating activities for the year-to-date was negative at CNY -278,022,419.95, a decrease of 235.32% compared to the same period last year[5]. - The net cash flow from operating activities for the first three quarters of 2023 was -51,208,249.63 RMB, compared to -9,880,881.25 RMB in the same period of 2022, indicating a significant decline[62]. - The company reported a total cash inflow from investment activities of 318,469,242.34 RMB, an increase from 251,361,680.28 RMB in the previous year[62]. - The net cash flow from financing activities was -165,058,704.06 RMB, compared to -159,167,460.90 RMB in the previous year, indicating a similar trend[62]. Inventory and Expenses - Inventory as of September 30, 2023, was CNY 2,245,968,064.73, an increase from CNY 2,003,173,551.91 at the end of the previous year[12]. - Research and development expenses for Q3 2023 amounted to CNY 96,506,455.18, slightly down from CNY 99,008,740.82 in Q3 2022, indicating a decrease of approximately 2.5%[58]. - The company's sales expenses for Q3 2023 were CNY 54,246,027.62, an increase from CNY 41,191,653.79 in Q3 2022, indicating a rise of about 31%[58]. - The company's tax expenses for Q3 2023 were CNY 61,033,088.06, compared to CNY 51,256,787.67 in Q3 2022, representing an increase of approximately 19%[58]. Future Outlook - The company expects to continue its market expansion and product development initiatives in the upcoming quarters[17].