Tuopu Group(SH:601689)2022-10-27 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥4,309,470,908.69, representing a year-on-year increase of 48.29%[4] - Net profit attributable to shareholders was ¥500,862,645.78, up 70.58% compared to the same period last year[4] - The basic earnings per share (EPS) for the quarter was ¥0.45, reflecting a 68.33% increase year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥489,075,749.44, marking a 70.89% increase year-on-year[4] - Net profit for the third quarter of 2022 was ¥1,216,362,458.06, compared to ¥761,162,789.67 in the same quarter of 2021, reflecting a growth of approximately 60%[24] - The total profit for the third quarter of 2022 was ¥1,466,375,034.46, compared to ¥890,653,381.96 in the same quarter of 2021, showing an increase of approximately 64.5%[24] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥25,417,371,417.24, a 36.05% increase from the end of the previous year[5] - Current assets amounted to RMB 12.58 billion, up from RMB 8.79 billion in the previous year, indicating a year-over-year increase of about 43.5%[18] - Total liabilities reached RMB 13.55 billion, up from RMB 8.06 billion, which is an increase of about 68.5%[20] - The company's equity attributable to shareholders increased to RMB 11.83 billion from RMB 10.59 billion, showing a growth of approximately 11.7%[21] - Long-term borrowings surged to RMB 2.17 billion from RMB 310 million, indicating a significant increase of approximately 600.0%[20] Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,269,143,292.26, showing a 50.22% increase compared to the same period last year[5] - The net cash flow from operating activities for Q3 2022 was CNY 1,269,143,292.26, an increase of 50.3% compared to CNY 844,874,862.36 in Q3 2021[28] - Total cash inflow from operating activities reached CNY 12,254,452,971.08, up from CNY 8,492,352,355.15, reflecting a growth of 44.5% year-over-year[28] - Cash outflow for purchasing goods and services was CNY 8,723,020,692.62, compared to CNY 6,214,400,268.40 in the same period last year, indicating a rise of 40.4%[28] - The ending cash and cash equivalents balance was CNY 2,950,580,890.14, up from CNY 823,133,306.70 at the end of Q3 2021, showing a growth of 258.5%[29] Investment and Expenses - Research and development expenses increased to 53.56 million, reflecting the company's commitment to innovation and increased investment in R&D[10] - Research and development expenses for the first three quarters of 2022 totaled ¥546,796,488.78, an increase from ¥356,091,130.62 in 2021, indicating a rise of approximately 53.5%[22] - The increase in sales expenses to 57.95 million was mainly due to higher salaries and repair costs for sales personnel[10] - Cash outflow for purchasing fixed assets and intangible assets was 42.61 million, reflecting the company's increased investment efforts[11] Market Strategy - The company plans to expand its market presence and invest in new product development to sustain growth[4] - The company has increased its short-term borrowings by 32.48%, indicating a strategy to leverage financing for growth initiatives[8] - The company reported a significant foreign exchange gain of 4,242.62 million, resulting from substantial fluctuations in foreign currency exchange rates[11] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,139, with the largest shareholder holding 62.94% of the shares[12] - The company issued convertible bonds, resulting in an increase in payable bonds to 100 million[10]