BGRIMMTEC(SH:600980)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 209,129,969.83, a decrease of 5.99% compared to CNY 222,453,398.90 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 reached CNY 26,771,858.96, representing a significant increase of 107.74% from CNY 12,883,794.07 in the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 22,380,434.87, up 105.22% from CNY 10,901,809.69 in the same period last year[6]. - Basic earnings per share for Q3 2023 were CNY 0.1415, an increase of 103.01% from CNY 0.0697 in the same period last year[6]. - Total operating revenue for the first three quarters of 2023 reached ¥664,418,118.08, an increase of 1.77% compared to ¥654,903,787.73 in the same period of 2022[19]. - Net profit for the third quarter of 2023 was ¥71,492,965.63, representing a 10.4% increase from ¥64,492,219.62 in the same quarter of 2022[21]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 51,018,900.00, reflecting an increase of 84.39% compared to CNY 27,669,400.00 in the previous year[6]. - Operating cash inflow for the first three quarters of 2023 reached ¥738,057,100.79, an increase of 18.1% compared to ¥625,167,329.16 in the same period of 2022[23]. - Net cash flow from operating activities for Q3 2023 was ¥51,018,992.73, up 84.3% from ¥27,669,442.97 in Q3 2022[24]. - Cash and cash equivalents at the end of Q3 2023 were CNY 87,653,647.45, down from CNY 171,753,180.43 at the end of Q3 2022, a decrease of about 48.9%[31]. - Total cash and cash equivalents at the end of Q3 2023 stood at ¥340,937,174.69, down from ¥400,838,882.89 at the end of 2022[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,050,142,958.88, representing a growth of 12.19% compared to CNY 1,827,401,953.97 at the end of the previous year[6]. - The company's total current assets as of September 30, 2023, amount to RMB 1,439,161,812.57, an increase from RMB 1,304,877,257.13 in the previous year[16]. - Total liabilities increased to ¥766,769,807.51, compared to ¥606,914,347.92 in the previous year, reflecting a growth of 26.4%[18]. - The company's total liabilities amounted to ¥34,098,978.09, slightly up from ¥33,122,434.91 in 2022[28]. - The company's total assets as of September 30, 2023, were ¥999,615,671.60, a decrease from ¥1,018,250,545.51 at the end of 2022[27]. Shareholder Information - The equity attributable to shareholders of the listed company was CNY 1,279,006,416.27, an increase of 5.18% from CNY 1,215,969,552.35 at the end of the previous year[6]. - The total number of common shareholders at the end of the reporting period is 20,924[13]. - The largest shareholder, Minmetals Technology Group Co., Ltd., holds 89,965,774 shares, accounting for 47.53% of the total shares[13]. Research and Development - The company has ongoing research and development efforts, although specific new products or technologies were not detailed in the provided content[15]. - Research and development expenses for the first three quarters were ¥34,678,426.67, slightly up from ¥33,796,594.38 in the same period last year[19]. Non-Recurring Items - The company reported non-recurring gains of CNY 4,391,424.09 for the current reporting period, with a year-to-date total of CNY 7,185,355.32[10]. - The company reported investment income of ¥3,018,029.81, down from ¥5,717,126.80 in the previous year[20]. Financial Adjustments - The company has implemented adjustments in financial reporting due to new accounting standards effective from January 1, 2023, impacting the recognition of lease liabilities and related deferred tax assets and liabilities[8].