BJP(SH:600578)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥8,641,431,165.68, representing a year-on-year increase of 7.79%[3] - Net profit attributable to shareholders for the same period was ¥460,376,390.50, a significant increase of 75.68% compared to the previous year[3] - The net profit after deducting non-recurring gains and losses was ¥458,477,291.65, reflecting an 87.30% increase year-on-year[3] - Basic earnings per share for Q3 2023 was ¥0.06, up by 50% from the same period last year[4] - The company's total revenue for the first three quarters of 2023 was approximately ¥23.65 billion, compared to ¥22.09 billion in the same period of 2022, marking a growth of about 7.1%[21] - The total profit for Q3 2023 was CNY 1,001,833,348.27, down from CNY 1,056,774,188.48 in the same period last year, reflecting a decline of approximately 5.2%[22] - The company's basic and diluted earnings per share for Q3 2023 were both CNY 0.10, compared to CNY 0.11 in Q3 2022, indicating a decrease of 9.1%[23] - The company reported a net investment income of approximately ¥946.25 million for the first three quarters of 2023, up from ¥857.27 million in the same period of 2022, reflecting an increase of about 10.4%[21] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥87,334,051,701.23, an increase of 3.12% from the end of the previous year[4] - The company's total liabilities as of September 30, 2023, were approximately ¥56.04 billion, slightly up from ¥55.28 billion at the end of 2022, reflecting an increase of about 1.4%[19] - The total equity attributable to shareholders increased to approximately ¥26.01 billion from ¥24.41 billion, representing a growth of about 6.6%[19] - Short-term borrowings rose to approximately ¥8.28 billion, compared to ¥7.23 billion in the previous year, indicating an increase of about 14.6%[19] - Cash and cash equivalents decreased to approximately ¥4.18 billion from ¥4.38 billion, a decline of about 4.8%[16] Cash Flow - Cash flow from operating activities for the year-to-date was ¥2,381,824,561.80, showing a decrease of 50.71% year-on-year[3] - The net cash flow from operating activities fell by 50.71%, from CNY 4.83 billion to CNY 2.38 billion, attributed to increased prepayment for fuel payments[10] - Cash flow from operating activities in Q3 2023 was CNY 2,381,824,561.80, significantly lower than CNY 4,832,635,196.50 in Q3 2022, representing a decline of 50.7%[24] - The net cash flow from financing activities in Q3 2023 was CNY 549,924,584.50, a turnaround from a net outflow of CNY 1,630,296,929.60 in Q3 2022[25] Investments and Expenditures - The company has increased its R&D investment, with development expenditures rising by 40.50% to ¥109,199,170.52[8] - R&D expenses decreased by 39.88%, from CNY 29.05 million to CNY 17.46 million, primarily due to reduced capitalized R&D investments[10] - The company reported a significant increase in prepayments, which rose by 235.62% to ¥1,399,750,627.01, primarily due to increased fuel payments[8] - Investment income cash received surged by 255.78%, from CNY 296.42 million to CNY 1.05 billion, due to higher cash dividends received[10] - The company raised CNY 30 billion through the issuance of perpetual bonds, significantly increasing cash received from investment[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,958, with the largest shareholder holding 66.73% of the shares[12] - The company’s total share capital increased from 6,694,591,415 to 6,694,621,015 shares following an employee stock option exercise[15] Other Financial Metrics - Cash received from tax refunds decreased by 93.45%, from CNY 1.56 billion to CNY 102.03 million, due to reduced VAT refunds[10] - The company reported a 113.46% increase in non-operating expenses, primarily due to the recognition of carbon quota compliance costs[10] - The cash and cash equivalents at the end of Q3 2023 were CNY 3,948,526,431.62, a decrease from CNY 4,202,409,802.35 at the end of Q3 2022[25] - The company reported cash inflow from investment activities of CNY 1,057,900,161.66 in Q3 2023, an increase from CNY 723,779,949.92 in Q3 2022[24] - Cash outflow from investment activities in Q3 2023 was CNY 4,072,635,371.55, compared to CNY 3,350,223,339.07 in Q3 2022, marking an increase of 21.5%[25]