卧龙电驱(600580) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for the current period reached ¥4,503,819,065.19, representing a 10.97% increase compared to the same period last year[3] - Net profit attributable to shareholders was ¥318,815,372.07, reflecting an 11.82% year-over-year growth[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 17.67% to ¥218,040,631.43 compared to the previous year[3] - Basic earnings per share increased to ¥0.2444, up 11.34% from the previous year[3] - The weighted average return on equity rose to 9.76%, an increase of 0.63 percentage points compared to the previous year[3] - Total operating revenue for the first three quarters of 2023 reached RMB 12,423,343,774.73, an increase of 10.4% compared to RMB 11,250,720,345.50 in the same period of 2022[14] - Operating profit for the first three quarters of 2023 was RMB 1,124,851,374.16, representing a 16.2% increase from RMB 967,603,831.54 in the previous year[14] - The company achieved a total profit of RMB 1,116,481,344.89, compared to RMB 963,467,117.60 in the same period of 2022, marking a growth of 15.9%[14] - The net profit for the first three quarters of 2023 reached ¥963,774,678.98, an increase of 14.2% compared to ¥843,810,422.54 in the same period of 2022[57] - The net profit attributable to shareholders of the parent company was ¥923,931,968.44, up from ¥783,829,022.32, reflecting a growth of 18.0%[57] - The total comprehensive income for the first three quarters of 2023 was ¥1,040,378,909.38, compared to ¥903,512,326.76 in 2022, marking an increase of 15.2%[57] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥904,596,502.01, an increase of 28.64% year-over-year[3] - Net cash flow from operating activities for the first three quarters of 2023 was RMB 674,213,876.14, compared to RMB 197,046,477.88 in the same period of 2022[17] - Cash flow from operating activities for the first three quarters of 2023 was ¥904,596,502.01, an increase from ¥703,188,256.01 in 2022, indicating a growth of 28.6%[59] - The net increase in cash flow from operating activities was ¥11,010,890,767.48, compared to ¥9,763,142,025.46 in 2022, indicating a growth of 12.7%[59] Assets and Liabilities - Total assets as of the report date were ¥25,506,523,612.80, reflecting an 8.69% increase from the end of the previous year[12] - Shareholders' equity attributable to the parent company increased to ¥9,817,539,044.27, a growth of 9.20% year-over-year[12] - Long-term borrowings increased to ¥3,787,559,013.29, compared to ¥2,839,080,006.06 at the end of the previous year[12] - Total current assets as of September 30, 2023, reached CNY 13,979,078,487.51, an increase from CNY 12,550,992,187.42 at the end of 2022[53] - Total assets as of September 30, 2023, amounted to CNY 25,506,523,612.80, up from CNY 23,466,426,768.93 at the end of 2022[54] - Total liabilities increased to CNY 9,687,572,740.14 from CNY 9,583,539,317.98, reflecting a slight increase of about 1.1%[54] Investment and Expenses - Research and development expenses for the first three quarters of 2023 were RMB 411,581,602.08, up from RMB 386,432,522.31 in the previous year[14] - Investment activities cash outflow totaled RMB 894,815,269.61, an increase from RMB 723,486,333.43 in the previous year[17] - The company’s investment income for the first three quarters was RMB 41,239,998.95, down from RMB 91,219,366.70 in the previous year[14] - Long-term equity investments decreased to CNY 877,696,381.15 from CNY 1,189,898,658.20, a decline of approximately 26.2%[54] Shareholder Information - The number of common shareholders at the end of the reporting period was 71,068, indicating a stable shareholder base[7] - The other comprehensive income after tax attributable to the parent company was ¥71,771,733.93, compared to ¥62,279,707.66 in the previous year, showing an increase of 15.5%[57] - The company reported a decrease in net profit attributable to minority shareholders, which was ¥39,842,710.54 compared to ¥59,981,400.22 in the previous year[57] Government Subsidies and Non-Recurring Items - Government subsidies recognized in the current period related to normal business operations totaled CNY 161,785,266.61 for the first nine months, with CNY 122,544,195.42 in the current quarter[42] - Non-current asset disposal profit for the first nine months of 2023 amounted to CNY 39,401,711.78, with a profit of CNY 2,635,130.78 in the current quarter[42] - The company reported a debt restructuring loss of CNY -1,085,147.83 for the current period, compared to CNY -1,899,472.65 in the previous period[42]