GHWL(SH:600603)2023-10-27 16:00Financial Performance - Total comprehensive income for the third quarter of 2023 reached CNY 447,020,808.72, compared to CNY 237,486,427.44 in the same period last year, representing an increase of approximately 88.0%[14] - The net income attributable to the parent company was CNY 439,036,043.93, up from CNY 239,190,566.21, marking a growth of about 83.6% year-over-year[14] - Basic and diluted earnings per share for the third quarter were both CNY 0.37, compared to CNY 0.20 in the previous year, reflecting an increase of 85.0%[14] - The company's operating revenue for the current period reached CNY 710,704,919.58, representing a year-on-year increase of 68.86% compared to CNY 420,880,227.72 in the same period last year[37] - Net profit attributable to shareholders was CNY 183,957,028.60, up 77.47% from CNY 103,654,815.30 in the previous year[37] - The net profit after deducting non-recurring gains and losses was CNY 158,955,173.23, a significant increase from a loss of CNY 6,385,711.90 in the same period last year[37] - The total profit for the current period was RMB 569,725,395.56, up from RMB 294,261,028.36 in the previous period[61] - The company experienced a 1,107.37% increase in net profit attributable to shareholders after excluding non-recurring gains and losses, mainly due to revenue growth and the merger with Hongnao Railway Company in October 2022[53] Assets and Liabilities - Total assets as of September 30, 2023, amounted to CNY 22,673,676,784.10, an increase from CNY 21,706,645,251.84 at the end of the previous year, representing a growth of approximately 4.5%[26] - Current liabilities increased to CNY 6,899,974,821.58 from CNY 6,351,579,651.51, indicating a rise of about 8.6%[26] - Long-term borrowings rose to CNY 4,608,064,321.98, compared to CNY 3,491,160,190.78, reflecting an increase of approximately 32.0%[26] - The equity attributable to shareholders reached CNY 6,151,528,461.59, an increase of 8.51% from CNY 5,669,344,571.56 at the end of the previous year[38] - Total liabilities as of January 1, 2023, amounted to ¥15,296,258,479.58, with non-current liabilities at ¥8,944,678,828.07[66] - The company's total assets reached ¥21,718,703,259.26 as of January 1, 2023[66] - The total liabilities increased to ¥15,773,079,554.32 as of September 30, 2023, compared to ¥15,296,258,479.58 at the end of 2022, indicating a growth of 3.1%[73] - The total assets amounted to ¥21,706,645,251.84, slightly down from ¥21,718,703,259.26 at the end of 2022, showing a decrease of 0.06%[79] Cash Flow - Cash and cash equivalents at the end of the third quarter were CNY 490,240,826.66, down from CNY 941,872,460.93, a decrease of about 47.9%[30] - Investment activities resulted in a net cash outflow of CNY 2,247,520,706.69, compared to CNY 595,592,173.28 in the previous year, indicating a significant increase in investment expenditures[30] - Financing activities generated a net cash inflow of CNY 1,820,096,625.75, contrasting with a net outflow of CNY 694,548,114.44 in the same period last year[30] - The net cash flow from operating activities for the current period was CNY 700,481,442.78, a decrease of 10.27% compared to CNY 780,668,030.39 in the same period last year[38] - Operating cash inflow for the first three quarters of 2023 reached ¥2,605,025,949.02, an increase of 10.9% compared to ¥2,349,449,279.98 in the same period of 2022[63] - Net cash flow from operating activities for the first three quarters of 2023 was ¥700,481,442.78, down 10.3% from ¥780,668,030.39 in the previous year[63] - Cash inflow from investment activities totaled ¥48,741,281.44, significantly up from ¥9,689,802.00 in the same period last year[63] Shareholder Information - The company held a temporary shareholders' meeting on July 24, 2023, to approve the election of the new board of directors and supervisory board[8] - The company reported a total of 32,344 common shareholders at the end of the reporting period[42] Operational Highlights - The company's operating revenue for the current reporting period increased by 68.86%, primarily due to growth in energy logistics service revenue[53] - Basic earnings per share for the current reporting period increased by 66.67%[53] - The diluted EPS also stood at CNY 0.15, marking an 85.00% increase compared to CNY 0.09 in the same period last year[38] - The company's inventory decreased to ¥3,448,143,360.76 from ¥3,886,354,198.40, reflecting a reduction of 11.3%[72] - The company reported a significant increase in tax expenses, which rose to ¥77,243,695.76 from ¥31,961,365.93, marking a 141.5% increase[74] Corporate Developments - The company established a new subsidiary in Hami City, focusing on ordinary goods road storage and transportation services[70] - The company received a review inquiry letter from the Shanghai Stock Exchange regarding its application for issuing shares to specific objects on August 29, 2023[70]