AECC AP(SH:600893)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was RMB 8,532,771,921.73, representing a year-on-year increase of 12.18%[4] - Net profit attributable to shareholders for Q3 2023 was RMB 305,678,092.04, a decrease of 3.53% compared to the same period last year[4] - Basic earnings per share for Q3 2023 were RMB 0.12, a decrease of 8.33% compared to the previous year[4] - Total operating revenue for the first three quarters of 2023 reached ¥26.31 billion, a 17.5% increase from ¥22.41 billion in the same period of 2022[20] - Net profit for the first three quarters of 2023 was ¥1.11 billion, compared to ¥1.04 billion in the same period of 2022, representing a 7.6% increase[21] - The net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥1.03 billion, up from ¥968.34 million in 2022, an increase of 6.8%[21] - The company reported a total comprehensive income of ¥1.13 billion for the third quarter of 2023, compared to ¥1.01 billion in the same quarter of 2022, reflecting a growth of 11.6%[21] - The total comprehensive income for the first three quarters of 2023 was ¥492,358,625.30, compared to ¥404,665,151.64 in 2022, showing an increase of about 21.6%[32] Cash Flow and Investments - The net cash flow from operating activities for Q3 2023 was RMB -13,386,158,984.15, reflecting a decrease of 15.47%[4] - In the first three quarters of 2023, the net cash flow from operating activities was -13.39 billion RMB, an improvement from -15.84 billion RMB in the same period of 2022[22] - The net cash flow from investing activities was -1.64 billion RMB, a significant decrease from a positive 4.61 billion RMB in the same period last year[23] - The company reported a net cash flow from investing activities of ¥1,568,779.74 in 2023, a significant improvement from -¥76,392,758.66 in 2022[33] - Cash inflow from financing activities reached 13.88 billion RMB, up from 3.85 billion RMB in the previous year, marking an increase of approximately 260%[23] Assets and Liabilities - Total assets at the end of Q3 2023 were RMB 106,968,367,336.52, an increase of 18.90% from the end of the previous year[6] - Total liabilities as of the end of the third quarter of 2023 amounted to ¥64.50 billion, an increase from ¥48.68 billion at the end of the same period in 2022[20] - The company's total liabilities increased to 14.89 billion RMB from 11.16 billion RMB, reflecting a growth of approximately 33%[27] - The total assets as of September 30, 2023, amounted to 50.55 billion RMB, compared to 46.22 billion RMB at the end of 2022, representing an increase of about 9.5%[30] - The total assets and liabilities combined amount to ¥46,222,028,713.47[45] Shareholder Information - The company reported a total of 153,505 ordinary shareholders as of the report date[10] - The top ten shareholders collectively hold approximately 6.56% of the company's shares, with Guizhou Liyang Aviation Engine Co., Ltd. being the largest shareholder at 1.46%[10] - Total equity attributable to shareholders of the parent company was ¥39.05 billion, compared to ¥38.40 billion in the previous year, showing a growth of 1.7%[20] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥402.84 million, up from ¥359.69 million in 2022, indicating an increase of 11.9%[20] - Research and development expenses increased to ¥44,114,134.27 in 2023 from ¥23,852,461.76 in 2022, reflecting a growth of approximately 84.8%[31] Inventory and Receivables - Inventory levels increased by 42.91%, primarily due to an increase in orders and production input[9] - Accounts receivable rose significantly to ¥26,941,194,870.95, up from ¥16,447,713,599.48, indicating an increase of approximately 64%[12] - The company's inventory as of September 30, 2023, was 8.54 billion RMB, compared to 5.72 billion RMB at the end of 2022, showing an increase of approximately 49.3%[24] Financial Adjustments and Reserves - The company has a non-current liability of ¥-408,954,235.71, indicating a potential accounting adjustment[45] - The company has a special reserve of ¥37,258,092.90 and surplus reserves of ¥566,304,338.59[45] Report Release - The report was released by the board of directors on October 27, 2023[45]