DEPPON(SH:603056)2023-10-30 16:00Financial Performance - In Q3 2023, the company achieved operating revenue of 9.75 billion RMB, a year-on-year increase of 21.64%[7] - The net profit attributable to shareholders was 228 million RMB, a decrease of 6.49% year-on-year; the net profit after deducting non-recurring gains and losses was 151 million RMB, down 11.32%[12] - The company's operating revenue for the first three quarters of 2023 reached ¥294,580,323.38, a 26.3% increase compared to ¥233,247,467.05 in the same period of 2022[37] - Operating profit for the first three quarters of 2023 was ¥554,811,011.15, up 121.1% from ¥250,375,816.89 in the first three quarters of 2022[37] - The net profit for the first three quarters of 2023 was ¥559,462,120.04, compared to ¥250,988,011.27 in the same period of 2022, reflecting a significant increase[37] - Net profit for the third quarter was CNY 559,187,660.20, compared to CNY 291,639,183.46 in the same period last year, representing an increase of approximately 91.8%[54] - The total comprehensive income for the quarter was CNY 523,920,255.35, significantly higher than CNY 77,656,052.71 from the previous year[54] Assets and Liabilities - Total assets at the end of the reporting period were 17.035 billion RMB, an increase of 13.31% from the beginning of the year[7] - The asset-liability ratio rose to 56.57%, an increase of 2.69 percentage points compared to the beginning of the year[7] - The total assets of the company as of the end of the reporting period were ¥15,025,318,581.29, slightly down from ¥15,034,604,637.86 at the beginning of the year[45] - The total liabilities and equity reached CNY 9,905,623,464.08, an increase from CNY 8,937,091,796.98 in the previous year[52] - The total current liabilities increased to CNY 3,270,514,005.04 from CNY 2,456,277,043.99[51] - The total equity increased to CNY 6,618,005,254.49 from CNY 6,082,183,114.57[51] - Total liabilities reached CNY 8,100,915,627.34, with current liabilities accounting for CNY 6,241,114,657.92[59] Costs and Expenses - The company's transportation costs reached 3.879 billion RMB, up 70.29% year-on-year, accounting for a higher proportion of revenue[26] - The total operating costs for the first three quarters of 2023 were approximately 25.115 billion RMB, compared to 22.777 billion RMB in the same period of 2022[21] - Labor costs amounted to ¥38.55 billion, up 10.47% year-on-year, with a decrease in the proportion of revenue by 4 percentage points[86] - Depreciation and amortization costs were ¥2.96 billion, a 1.86% increase year-on-year, with a decrease in the proportion of revenue by 0.59 percentage points[87] - Research and development expenses for the first three quarters of 2023 were ¥780,451.66, a decrease of 92.9% from ¥11,039,399.17 in the same period of 2022[37] Cash Flow - Cash flow from investment activities for the first three quarters of 2023 showed a net outflow of ¥448,830,307.26, an improvement from a net outflow of ¥1,099,501,748.39 in the same period of 2022[49] - Cash flow from operating activities generated a net amount of CNY 117,493,820.25, down from CNY 273,266,935.20 in the previous year[55] - Cash inflow from investment activities totaled CNY 1,043,038,340.19, a decrease from CNY 9,322,085,318.43 in the previous year[55] - Cash flow from financing activities generated a net amount of CNY 114,196,376.30, compared to a net outflow of CNY 523,309,524.93 in the previous year[55] - Cash flow from operating activities for the first nine months was ¥2.23 billion, a decrease of 19.74% compared to the previous year[100] Market Strategy and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[37] - The company plans to continue enhancing its marketing efforts and product service upgrades to drive revenue growth in the freight business[84] - The company has ongoing strategies for market expansion and product development, although specific details were not provided in the extracted data[66] - The company plans to continue enhancing its operational efficiency and expanding its market presence through strategic initiatives[103]