山东出版(601019) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 reached ¥2,826,615,877.32, representing a 14.75% increase compared to ¥2,463,335,266.51 in the same period last year[5] - Net profit attributable to shareholders was ¥359,317,990.49, a 30.24% increase from ¥275,879,344.72 year-on-year[5] - The net profit excluding non-recurring gains and losses was ¥340,923,535.51, up 33.34% from ¥255,684,462.70 in the previous year[5] - The basic and diluted earnings per share for the quarter were both ¥0.17, reflecting a 30.77% increase compared to ¥0.13 in the same quarter last year[6] - The weighted average return on net assets increased to 2.49%, up 0.43 percentage points from 2.06% year-on-year[6] - Total revenue for the first three quarters of 2023 reached ¥8,051,617,528.29, an increase of 9.5% compared to ¥7,352,734,768.51 in the same period of 2022[30] - Operating profit for the first three quarters of 2023 was ¥1,252,171,980.67, compared to ¥1,122,911,447.42 in 2022, indicating a growth of 11.5%[30] - The company reported a net profit of ¥1,255,332,846.64 for the first three quarters of 2023, up from ¥1,134,620,878.83 in 2022, indicating a growth of 10.6%[30] - Basic and diluted earnings per share for the first three quarters of 2023 were both ¥0.60, up from ¥0.55 in the same period of 2022, reflecting a growth of 9.1%[31] Assets and Liabilities - Total assets at the end of the reporting period were ¥22,207,951,945.52, a 7.53% increase from ¥20,651,882,721.94 at the end of the previous year[6] - Total assets as of September 30, 2023, amounted to ¥22,207,951,945.52, an increase from ¥20,651,882,721.94 at the end of 2022, representing a growth of 7.5%[28] - Total liabilities as of September 30, 2023, were ¥8,438,662,676.74, compared to ¥7,228,513,826.28 at the end of 2022, marking an increase of 16.7%[28] - The total equity attributable to shareholders as of September 30, 2023, was ¥13,768,408,928.76, compared to ¥13,423,299,658.97 at the end of 2022, reflecting an increase of 2.6%[28] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥974,745,100, a significant increase from ¥183,840,300 in the previous year, marking a 430.21% growth[5] - Cash flow from operating activities for the first three quarters of 2023 was ¥974,745,114.96, significantly higher than ¥183,840,354.96 in the same period of 2022, indicating a strong operational performance[33] - The cash and cash equivalents at the end of the period stood at approximately ¥6,369.04 million, a decrease of ¥47.80 million from the previous period[12] - The company's cash and cash equivalents increased to ¥1,838,662,751.23 as of September 30, 2023, up from ¥914,752,795.76 at the end of 2022, reflecting a growth of 100.8%[28] - The cash inflow from investment activities totaled CNY 2,917,877,024.49, up from CNY 2,598,766,324.13 in the previous year, representing an increase of 12.3%[43] Investments and Acquisitions - The company completed the acquisition of 100% equity in Shandong Old Cadre Magazine Co., Ltd. for ¥72.68 million, enhancing its market presence[7] - The company also acquired Shandong Hongye Travel Agency Co., Ltd. for ¥77,100, further expanding its business portfolio[7] - Investment activities generated a net cash flow decrease of 201.76% primarily due to increased purchases of financial products and three-year time deposits compared to last year[18] - The company received CNY 2,150,000,000.00 from investment recoveries, an increase from CNY 1,850,000,000.00 in the previous year[43] Operational Metrics - The accounts receivable increased by 30.27% due to an increase in autumn textbook and auxiliary materials[16] - Inventory saw a significant increase of 68.28%, attributed to seasonal stocking of educational materials[16] - Accounts payable increased by 37.91% due to normal inventory stocking from the beginning of the year to the reporting period[18] - Non-current liabilities due within one year rose by 41.79% primarily due to an increase in the current portion of lease liabilities[18] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[31]