Tuopu Group(SH:601689)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥4,991,259,279.17, representing a year-on-year increase of 15.82%[4] - The net profit attributable to shareholders for Q3 2023 was ¥503,029,200.18, with a slight increase of 0.43% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥473,367,741.91, showing a decrease of 3.21% year-on-year[4] - Total operating revenue for the first three quarters of 2023 reached ¥14,151,710,323.69, a significant increase of 27.6% compared to ¥11,103,460,677.49 in the same period of 2022[18] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥1,597,053,895.70, an increase of 32.2% from ¥1,208,669,356.54 in the same period of 2022[22] - The company reported a comprehensive income total of ¥1,606,122,905.81 for the first three quarters of 2023, compared to ¥1,220,453,886.92 in the same period of 2022, reflecting a growth of 31.6%[23] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥29,081,168,751.10, reflecting a growth of 5.71% compared to the end of the previous year[5] - The total current liabilities increased to RMB 10,193,806,260.53 from RMB 9,620,651,340.69, marking an increase of approximately 5.9%[16] - Total liabilities as of the end of the third quarter of 2023 were ¥15,825,221,222.93, compared to ¥15,350,226,682.14 at the end of the same period in 2022, indicating a growth of 3.1%[19] - The total liabilities of the company as of September 30, 2023, were RMB 10,193,806,260.53, which is a significant portion of the total assets[16] Shareholder Information - The total equity attributable to shareholders at the end of Q3 2023 was ¥13,218,823,467.03, an increase of 8.98% from the previous year[5] - The number of ordinary shareholders at the end of the reporting period was 31,752, with the largest shareholder holding 62.94% of the shares[10] - Total equity attributable to shareholders of the parent company increased to ¥13,218,823,467.03 from ¥12,129,379,340.29, marking a growth of 9.0% year-over-year[19] Earnings and Costs - The basic earnings per share for Q3 2023 was ¥0.46, an increase of 2.22% compared to the same period last year[5] - Operating costs for the first three quarters of 2023 were ¥12,412,161,381.87, up 28.5% from ¥9,638,939,313.64 in the previous year[19] - Basic earnings per share for the first three quarters of 2023 were ¥1.45, compared to ¥1.10 in the same period of 2022, reflecting a growth of 31.8%[23] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥2,697,286,384.00, representing a significant increase of 112.53% year-on-year[5] - In the first three quarters of 2023, the cash inflow from operating activities reached ¥15.83 billion, a 29.5% increase from ¥12.25 billion in the same period of 2022[24] - The net cash flow from operating activities for the first three quarters of 2023 was ¥2.70 billion, compared to ¥1.27 billion in the same period of 2022, reflecting a significant growth of 112.5%[25] - The company reported a total cash inflow from operating activities of ¥15.83 billion, with cash outflow totaling ¥13.13 billion, resulting in a net cash flow of ¥2.70 billion[25] Investments and Expenses - Research and development expenses for the first three quarters of 2023 amounted to ¥708,219,770.83, an increase of 29.4% from ¥546,796,488.78 in the previous year[19] - The company’s financial expenses for the first three quarters of 2023 were ¥73,532,669.51, compared to a financial income of -¥44,789,252.21 in the previous year, indicating a significant shift in financial performance[19] - Deferred income increased to ¥427,632,871.42 from ¥367,153,765.44, representing a growth of 16.5% year-over-year[19] Cash and Equivalents - The company's cash and cash equivalents reached RMB 3,129,587,686.32, up from RMB 2,795,531,830.43 in the previous year, indicating an increase of about 11.9%[15] - The cash and cash equivalents at the end of the third quarter of 2023 amounted to ¥2.51 billion, down from ¥2.95 billion at the end of the same period in 2022[25] Inventory and Receivables - Accounts receivable stood at RMB 4,537,705,492.47, compared to RMB 4,347,460,987.76 at the end of 2022, representing a growth of approximately 4.4%[15] - Inventory decreased to RMB 2,913,253,476.59 from RMB 3,255,860,915.66, showing a decline of about 10.5%[15] Borrowings and Debt - The company reported a decrease in short-term borrowings to RMB 899,618,410.95 from RMB 1,132,536,757.84, a reduction of about 20.5%[16] - The company received ¥2.99 billion in cash from borrowings in the first three quarters of 2023, a decrease from ¥6.15 billion in the same period of 2022[25] - The company paid ¥2.27 billion in cash for debt repayment in the first three quarters of 2023, compared to ¥1.42 billion in the same period of 2022[25] Government Subsidies - The company received government subsidies amounting to ¥35,337,098.87 during Q3 2023, contributing to its financial performance[6] Other Information - The company has not disclosed any new product or technology developments in this report[12]