Evergreen Technology(SH:603125)2023-10-27 16:00Financial Performance - Q3 2023 revenue was CNY 246,622,217.25, a decrease of 3.18% year-on-year, while year-to-date revenue reached CNY 745,337,790.16, an increase of 6.89%[3] - Net profit attributable to shareholders for Q3 2023 was CNY 55,963,855.19, up 9.02% year-on-year, and year-to-date net profit was CNY 165,381,335.97, an increase of 16.81%[3] - The total operating revenue for the first three quarters of 2023 reached RMB 745,337,790.16, an increase of 6.9% compared to RMB 697,300,061.28 in the same period of 2022[20] - The net profit for the first three quarters of 2023 was RMB 165,381,335.97, representing a growth of 16.8% from RMB 141,580,822.99 in the first three quarters of 2022[22] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was CNY 166,475,523.57, a significant increase of 109.62% compared to the same period last year[8] - The cash flow from operating activities for the first three quarters of 2023 showed positive trends, although specific figures were not detailed in the provided content[24] - Net cash flow from operating activities for the first three quarters of 2023 was approximately $166.48 million, up 109.0% from $79.42 million in the same period of 2022[25] - The cash and cash equivalents at the end of the third quarter of 2023 amounted to approximately $744.85 million, compared to $190.17 million at the end of the same period in 2022, reflecting a substantial increase[26] Assets and Liabilities - Total assets as of September 30, 2023, were CNY 2,233,273,930.85, reflecting a 129.37% increase from the end of the previous year, primarily due to funds raised from the IPO[5] - The total assets as of September 30, 2023, amounted to RMB 2,233,273,930.85, significantly up from RMB 973,667,449.36 at the end of 2022[15] - The total liabilities decreased to RMB 113,346,613.02 as of September 30, 2023, down from RMB 136,851,856.07 at the end of 2022[16] - The company's equity increased to RMB 2,119,927,317.83 from RMB 836,815,593.29 at the end of 2022, reflecting strong financial health[17] Shareholder Information - There were 33,154 common shareholders at the end of the reporting period, with the top ten shareholders holding a significant portion of the equity[10] - Shareholders' equity attributable to the parent company reached CNY 2,119,927,317.83, a 153.33% increase from the end of the previous year, also driven by IPO fundraising[5] Earnings and Expenses - Basic and diluted earnings per share for Q3 2023 were both CNY 0.29, a decrease of 19.44% compared to the same quarter last year[5] - The company's cash and cash equivalents increased to RMB 747,654,426.27 from RMB 212,857,846.00 at the end of 2022, showing a substantial growth[14] - Research and development expenses for the first three quarters of 2023 were RMB 29,679,856.71, up from RMB 27,783,147.73 in the same period of 2022, indicating a focus on innovation[20] - The company reported an increase in cash paid to employees, totaling approximately $37.13 million in the first three quarters of 2023, compared to $31.16 million in the same period of 2022, indicating a rise in workforce costs[25] Government Support and Other Income - The company received government subsidies amounting to CNY 346,136.55 during the year-to-date period, contributing to its financial performance[7] - The company reported a significant increase in interest income, reaching RMB 8,542,675.78 in the first three quarters of 2023, compared to RMB 231,511.91 in the same period of 2022[21] - The company received tax refunds totaling approximately $7.75 million in the first three quarters of 2023, with no such refunds reported in the same period of 2022[25] Investment Activities - Cash outflow for investment activities in the first three quarters of 2023 totaled approximately $905.94 million, compared to $1.04 million in the same period of 2022[25] - The net cash flow from investment activities for the first three quarters of 2023 was approximately -$739.36 million, slightly improved from -$839.74 million in the same period of 2022[25] - Cash inflow from investment activities was approximately $166.57 million in the first three quarters of 2023, down from $198.83 million in the same period of 2022[25] Product Development and Market Strategy - The company has not disclosed any new product developments or market expansion strategies in the current report[13]