2023-10-30 16:00Revenue and Profit Growth - Revenue for the third quarter reached 6,206,331,201.97 yuan, a year-on-year increase of 58.72%[3] - Net profit attributable to shareholders of the listed company was 883,691,617.63 yuan, up 76.19% compared to the same period last year[3] - The increase in revenue and net profit was mainly driven by the release of new production capacity for photovoltaic glass, despite a decline in average selling prices[6] - Total revenue for the first three quarters of 2023 reached RMB 15,884,754,551.71, a significant increase from RMB 11,214,719,651.52 in the same period last year[18] - Net profit for the third quarter of 2023 reached 1,971,233,468.25 yuan, a significant increase from 1,504,295,160.58 yuan in the same period last year[20] - Net profit attributable to the parent company's shareholders increased to RMB 9,792,323,531.37, up from RMB 7,823,754,058.70 at the end of 2022[17] - Sales revenue from goods and services provided in Q3 2023 was 8,401,966,384.11 yuan, a significant increase from 5,556,000,426.87 yuan in Q3 2022[23] Earnings Per Share (EPS) - Basic earnings per share for the quarter were 0.39 yuan, up 69.57% year-on-year[4] - Diluted earnings per share for the quarter were 0.39 yuan, an increase of 77.27% compared to the same period last year[4] - Basic earnings per share (EPS) for Q3 2023 stood at 0.90 yuan, up from 0.70 yuan in Q3 2022[22] Assets and Equity - Total assets as of the end of the reporting period were 41,206,564,896.16 yuan, an increase of 27.25% compared to the end of the previous year[4] - Equity attributable to shareholders of the listed company increased by 56.74% to 21,995,127,508.74 yuan[4] - Total assets as of September 30, 2023, amounted to RMB 41,206,564,896.16, up from RMB 32,381,722,606.05 at the end of 2022[16] - The company's total equity reached RMB 22,069,791,504.36 as of September 30, 2023, compared to RMB 14,032,447,213.17 at the end of 2022[17] Cash Flow and Financing - Operating cash flow for the period was -20,926,981.33 yuan, a decrease of 101.95% year-on-year, primarily due to increased procurement and delayed receivables[6] - Cash and cash equivalents increased to RMB 7,586,383,860.46 as of September 30, 2023, compared to RMB 2,932,152,844.19 at the end of 2022[16] - Cash flow from operating activities was -20,926,981.33 yuan in Q3 2023, a sharp decline from 1,072,388,908.62 yuan in Q3 2022[23] - Cash flow from financing activities surged to 7,697,992,926.37 yuan in Q3 2023, compared to 6,338,363,521.51 yuan in Q3 2022[24] - Total cash and cash equivalents at the end of Q3 2023 reached 6,805,547,703.82 yuan, up from 2,360,037,681.71 yuan at the end of Q3 2022[24] Liabilities and Receivables - Accounts receivable rose to RMB 4,249,820,886.14, up from RMB 2,811,090,070.19 at the end of 2022[16] - Total liabilities stood at RMB 19,136,773,391.80 as of September 30, 2023, compared to RMB 18,349,275,392.88 at the end of 2022[17] - Interest expenses rose to 377,283,590.99 yuan in Q3 2023, up from 207,418,003.35 yuan in Q3 2022[20] Fixed Assets and Inventory - Fixed assets increased to RMB 14,141,940,921.11, up from RMB 11,225,965,058.08 at the end of 2022[16] - Inventory decreased to RMB 1,776,055,589.73, down from RMB 2,396,316,964.60 at the end of 2022[16] Non-Recurring Gains and Losses - Non-recurring gains and losses for the quarter amounted to 7,594,872.42 yuan, primarily from government subsidies and investment income[5] Return on Equity (ROE) - The company's weighted average return on equity (ROE) for the quarter was 4.61%, an increase of 0.89 percentage points[4] Comprehensive Income - Comprehensive income for Q3 2023 was 1,959,267,274.97 yuan, compared to 1,564,701,434.54 yuan in Q3 2022[21] Operating Profit and R&D Expenses - Operating profit rose to 2,208,752,941.53 yuan in Q3 2023, compared to 1,650,267,417.27 yuan in Q3 2022[20] - R&D expenses increased to 488,804,223.74 yuan in Q3 2023, up from 384,913,278.71 yuan in Q3 2022[20] Private Placement - The company completed a private placement of 204,429,301 A shares at RMB 29.35 per share, raising a total of RMB 5,999,999,984.35[13]