Shede Spirits (SH:600702)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was RMB 1,716,581,193.57, representing a year-on-year increase of 7.86%[4] - The net profit attributable to shareholders for Q3 2023 was RMB 375,488,315.90, with a year-on-year increase of 3.01%[4] - The basic earnings per share for Q3 2023 was RMB 1.1293, reflecting an increase of 1.85% compared to the same period last year[4] - Total operating revenue for the first three quarters of 2023 reached ¥5,245,308,226.89, an increase of 13.6% compared to ¥4,616,656,043.57 in the same period of 2022[16] - Operating profit for the first three quarters of 2023 was ¥1,694,555,863.94, up from ¥1,613,689,558.92 in 2022, reflecting a growth of 5.0%[16] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥1,295,152,075.01, compared to ¥1,200,029,733.74 in 2022, marking an increase of 7.9%[17] - The company reported a total profit of ¥1,708,264,420.75 for the first three quarters of 2023, up from ¥1,619,126,532.46 in 2022, which is an increase of 5.5%[16] Assets and Liabilities - The total assets at the end of Q3 2023 reached RMB 10,719,403,801.64, marking a 9.41% increase from the end of the previous year[5] - As of September 30, 2023, total current assets amounted to ¥7,967,577,898.13, an increase from ¥7,767,410,693.36 as of December 31, 2022, representing a growth of approximately 2.58%[12] - Total liabilities rose to ¥3,591,077,745.56 from ¥3,260,061,775.47, indicating an increase of about 10.14%[15] - The company's total equity increased to ¥7,128,326,056.08 from ¥6,537,686,430.19, showing a growth of approximately 9.04%[15] - The total assets of the company as of September 30, 2023, were ¥10,719,403,801.64, compared to ¥9,797,748,205.66 as of December 31, 2022, reflecting an increase of approximately 9.38%[15] Cash Flow - The net cash flow from operating activities for the year-to-date period decreased by 45.08% due to increased cash payments for goods and services[7] - Cash flow from operating activities for the first three quarters of 2023 was ¥580,400,333.20, down from ¥1,056,752,485.63 in 2022, indicating a decrease of 45.0%[19] - Cash inflow from operating activities totaled ¥5,748,423,800.38 in 2023, compared to ¥5,092,607,242.18 in 2022, showing an increase of 12.9%[19] - The net cash flow from investing activities was -$3,328,305.87, compared to -$300,712,570.84 in the previous period, indicating a significant reduction in cash outflow[20] - The total cash inflow from financing activities was $182,312,118.03, while cash outflow was $883,518,276.27, resulting in a net cash flow from financing activities of -$701,206,158.24, which is a decrease from -$270,795,029.68 in the prior period[20] - The net increase in cash and cash equivalents was -$124,235,972.31, contrasting with an increase of $485,155,834.40 in the previous period[20] - The ending balance of cash and cash equivalents was $2,250,242,502.55, down from $2,341,697,938.06 at the end of the previous period[20] Shareholder Information - The top shareholder, Sichuan Tuopai Shede Group Co., Ltd., holds 100,695,768 shares, accounting for 30.22% of the total shares[9] Research and Development - Research and development expenses increased to ¥87,294,071.10 in 2023 from ¥50,186,953.31 in 2022, representing a growth of 73.9%[16] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[10] - The financial statements for Q3 2023 were not audited[3] - The company has not adopted new accounting standards or interpretations that would affect the financial statements for the current year[20]