SHBT(SH:603009)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥478,274,951.75, representing a year-on-year increase of 9.25%[5] - The net profit attributable to shareholders for Q3 2023 was ¥10,021,469.73, a decrease of 12.89% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥8,773,893.87, down 8.50% year-on-year[5] - The company's revenue growth was primarily driven by the aluminum lightweight and chassis components segments, with significant contributions from new project ramp-ups[9] - The net profit attributable to shareholders decreased by 23.24% year-on-year, influenced by increased sales and R&D expenses[9] - In Q3 2023, the company's net profit was CNY 27,335,285.73, a decrease of 24.2% compared to CNY 36,051,174.02 in Q3 2022[20] - The company's operating profit for Q3 2023 was CNY 35,291,319.36, down from CNY 41,832,651.29 in Q3 2022, reflecting a decline of 15.5%[20] - The company reported a decrease in basic and diluted earnings per share to CNY 0.0803 in Q3 2023, down from CNY 0.1047 in Q3 2022, a decline of 23.2%[21] - The company’s total comprehensive income for Q3 2023 was CNY 27,335,285.73, down from CNY 36,051,174.02 in Q3 2022, a decrease of 24.2%[21] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period increased by 47.66%, amounting to ¥124,867,264.37[6][9] - Cash and cash equivalents as of September 30, 2023, amounted to RMB 154,112,848.49, down from RMB 164,809,436.65 at the end of 2022, indicating a decrease of 4.1%[15] - The cash flow from operating activities for the first three quarters of 2023 was CNY 124,867,264.37, up from CNY 84,561,277.23 in the same period of 2022, indicating a growth of 47.5%[23] - Total cash and cash equivalents at the end of Q3 2023 were CNY 78,683,222.41, compared to CNY 71,191,476.88 at the end of Q3 2022, showing an increase of 10.5%[24] - The total investment activities cash flow for Q3 2023 was negative CNY 112,692,534.98, compared to negative CNY 89,496,288.86 in Q3 2022, indicating a worsening of 25.8%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,385,889,532.61, reflecting a 6.01% increase from the end of the previous year[6] - Total assets as of September 30, 2023, were RMB 3,385,889,532.61, an increase from RMB 3,193,862,590.11 at the end of 2022, marking a growth of 6.0%[16] - Total liabilities reached RMB 1,680,662,046.40 as of September 30, 2023, compared to RMB 1,562,173,286.19 at the end of 2022, reflecting an increase of 7.6%[16] - Non-current assets totaled RMB 1,835,497,011.69 as of September 30, 2023, up from RMB 1,748,953,334.00 at the end of 2022, indicating a growth of 4.0%[16] - The company's equity attributable to shareholders was RMB 1,582,693,785.57 as of September 30, 2023, compared to RMB 1,567,828,334.00 at the end of 2022, showing an increase of 0.9%[17] - Short-term borrowings increased to RMB 701,742,107.48 as of September 30, 2023, from RMB 595,676,063.81 at the end of 2022, representing a rise of 17.7%[16] Expenses and Operational Efficiency - Total operating costs for the first three quarters of 2023 were RMB 1,297,161,129.64, up from RMB 1,186,038,167.02 in the previous year, reflecting a year-on-year increase of 9.4%[19] - Research and development expenses increased to CNY 64,480,497.89 in Q3 2023, compared to CNY 56,065,857.95 in Q3 2022, marking a rise of 15%[20] - The company reported a net profit margin improvement, with net profit for the first three quarters of 2023 reflecting operational efficiency gains[19] - The company incurred financial expenses of CNY 26,204,526.27 in Q3 2023, a slight decrease from CNY 28,891,086.55 in Q3 2022, reflecting a reduction of 9.3%[20] Revenue Overview - Total operating revenue for the first three quarters of 2023 reached RMB 1,329,082,354.81, an increase of 9.0% compared to RMB 1,219,238,965.10 in the same period of 2022[19] - The total revenue from operating activities for the first three quarters of 2023 was CNY 1,056,288,173.30, an increase from CNY 991,426,059.68 in the same period of 2022[23]