FUDA ALLOY(SH:603045)2023-10-26 16:00Revenue and Profitability - Revenue for Q3 2023 reached ¥746,020,664.11, an increase of 49.26% compared to the same period last year[5] - Net profit attributable to shareholders was ¥7,129,168.87, representing a significant increase of 185.16% year-over-year[5] - Net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,566,687.74, up 170.75% from the previous year[5] - Basic earnings per share for Q3 2023 was ¥0.0527, reflecting an increase of 185.28% compared to the same quarter last year[6] - Operating profit for Q3 2023 was ¥28,145,788.44, significantly up from ¥7,028,729.36 in the same period last year[20] - Net profit for Q3 2023 was ¥33,543,746.31, compared to ¥10,157,892.41 in Q3 2022, marking a year-over-year increase of 230.5%[21] - Total comprehensive income for Q3 2023 was ¥33,537,584.82, compared to ¥10,279,174.89 in Q3 2022, indicating strong overall performance[22] - Basic and diluted earnings per share for Q3 2023 were both ¥0.2477, significantly higher than ¥0.0750 in Q3 2022[22] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥2,117,415,522.77, a growth of 12.66% from the end of the previous year[6] - Current assets totaled RMB 1,367,311,018.07, up from RMB 1,129,058,210.71 at the end of 2022, indicating a growth of about 21.09%[15] - Inventory increased to RMB 678,145,794.59 from RMB 564,168,892.50, representing a rise of approximately 20.19%[16] - Short-term borrowings rose to RMB 496,568,760.97 from RMB 466,820,856.27, marking an increase of about 6.00%[16] - Total liabilities amounted to RMB 1,190,493,960.52, compared to RMB 980,144,136.29 at the end of 2022, showing an increase of approximately 21.43%[17] - The company's equity attributable to shareholders reached RMB 926,921,562.25, up from RMB 899,343,564.26, reflecting a growth of about 3.00%[17] - Accounts receivable increased to RMB 456,048,013.70 from RMB 356,665,597.39, indicating a growth of approximately 28.00%[15] Cash Flow - Cash flow from operating activities for the year-to-date period was negative at -¥128,002,882.41, a decline of 136.65% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of ¥128,002,882.41 in Q3 2023, a decline from a net inflow of ¥349,226,736.13 in Q3 2022[24] - Cash flow from investing activities resulted in a net outflow of ¥40,911,833.52 in Q3 2023, compared to a net inflow of ¥7,445,347.30 in Q3 2022[24] - Cash flow from financing activities generated a net inflow of ¥131,039,528.38 in Q3 2023, contrasting with a net outflow of ¥332,695,685.75 in Q3 2022[24] - The net increase in cash and cash equivalents for Q3 2023 was -37,779,786.52, compared to an increase of 23,952,567.90 in the same period last year[25] - The ending balance of cash and cash equivalents as of Q3 2023 was 94,424,172.06, down from 227,764,849.12 at the end of Q3 2022[25] - The company experienced a foreign exchange impact on cash and cash equivalents amounting to 95,401.03, with a negative effect of -23,829.78 compared to the previous year[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,614[10] - Major shareholder Wang Dawu holds 36,248,706 shares, representing 26.76% of the total shares[11] Research and Development - Research and development expenses increased to ¥68,320,728.51 in Q3 2023, up from ¥55,012,508.74 in Q3 2022, reflecting a focus on innovation[20] Company Developments - The company has not disclosed any new product or technology developments in the current report[13] - There are no significant mergers or acquisitions reported during the quarter[13] Operating Costs - The total operating costs for Q3 2023 were ¥1,914,705,905.19, up from ¥1,653,947,658.86 in Q3 2022, reflecting increased operational expenses[20]