THDB(SH:600867)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥725,174,027.11, representing a year-on-year increase of 1.92%[3] - The net profit attributable to shareholders for Q3 2023 was ¥275,354,507.27, showing a significant increase of 25.04% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥277,098,920.63, reflecting a year-on-year increase of 26.19%[3] - The basic earnings per share for Q3 2023 was ¥0.14, up by 27.27% year-on-year[4] - The net profit for the third quarter of 2023 was approximately ¥760.43 million, a decrease from ¥1.40 billion in the same period of 2022, representing a decline of about 45.7%[21] - The total profit for the third quarter of 2023 was approximately ¥878.54 million, down from ¥1.64 billion in the previous year, indicating a decrease of around 46.5%[21] - The operating profit for the third quarter of 2023 was approximately ¥879.01 million, compared to ¥1.64 billion in the same quarter of 2022, reflecting a decline of about 46.4%[21] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.38, down from ¥0.70 in the same quarter of 2022, a decrease of approximately 45.7%[22] - The total comprehensive income for the third quarter of 2023 was approximately ¥760.43 million, compared to ¥1.40 billion in the same period of 2022, reflecting a decrease of about 45.7%[22] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥7,203,786,663.44, an increase of 6.72% compared to the end of the previous year[4] - The company's total assets increased to CNY 7,203,786,663.44 as of September 30, 2023, compared to CNY 6,750,313,677.18 at the end of 2022, reflecting a growth of about 6.7%[19] - The total liabilities as of September 30, 2023, were CNY 369,161,765.59, up from CNY 200,740,113.58, indicating a significant increase of approximately 83.8%[19] - The company's equity attributable to shareholders rose to CNY 6,829,350,130.47 from CNY 6,544,263,425.28, an increase of about 4.4%[19] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥473,177,711.72, down by 41.49% year-on-year[4] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥1.70 billion, down from ¥2.35 billion in the same period of 2022, a decrease of about 27.5%[24] - The net cash flow from investing activities for the first three quarters of 2023 was approximately -¥255.17 million, compared to ¥469.91 million in the same period of 2022, indicating a significant decline[25] - The net cash flow from financing activities for the first three quarters of 2023 was approximately -¥343.74 million, compared to -¥933.21 million in the same period of 2022, showing an improvement in cash outflow[25] - Cash and cash equivalents decreased to CNY 662,331,704.31 from CNY 788,062,830.98, a decline of approximately 16%[18] - The cash and cash equivalents at the end of the third quarter of 2023 were approximately ¥662.33 million, down from ¥1.21 billion at the end of the same period in 2022, a decline of about 45.3%[25] Shareholder Information - The top ten shareholders held a total of 86,561 shares, with Dongbao Industrial Group holding 29.68% of the shares[9] - As of September 30, 2023, the total number of unrestricted circulating shares held by major shareholders includes 591,699,387 shares held by Dongbao Industrial Group[10] - The company’s major shareholder, Dongbao Industrial Group, is identified as a concerted actor with the actual controller, Li Yikui[10] - The company has not disclosed any relationships or concerted actions among other shareholders[10] - As of the end of the reporting period, Wu Jianxin held 10,963,950 shares through a credit securities account[10] Government Subsidies and Investments - The company received government subsidies amounting to ¥166,001.76 in Q3 2023, with a total of ¥3,978,338.93 for the year-to-date[5] - The company reported a net investment income of CNY 60,955,883.36 in 2023, a significant decrease from CNY 911,627,900.16 in 2022[20] Stock and Dividend Information - The company reported a cash dividend of RMB 0.25 per share (including tax) for the 2022 profit distribution plan[12] - A total of 61,200 restricted shares were repurchased and canceled at a price of RMB 7.49 per share[12] - The second unlock period for the 2020 employee stock ownership plan has been achieved, allowing for the unlocking of 2.733 million shares[14] - The company completed the second unlock period for 1,883,400 restricted shares on August 4, 2023[12] - The second exercise period for stock options allows for 30% of the total granted stock options, amounting to 14.9916 million options, to be exercised from August 29, 2023, to May 25, 2024[13] - The company’s total share capital after the repurchase of shares is used as the basis for the cash dividend distribution[12] Research and Development - Research and development expenses were CNY 65,832,967.50 in 2023, down from CNY 112,277,364.57 in 2022, indicating a decrease of approximately 41.3%[20] Asset Impairment - The company reported an asset impairment loss of approximately ¥1.36 million in the third quarter of 2023[21]