GONGNIU(SH:603195)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥4,014,398,938.17, representing a year-on-year increase of 10.40%[2] - Net profit attributable to shareholders for Q3 2023 was ¥991,319,113.45, reflecting a growth of 16.13% compared to the same period last year[2] - The net profit after deducting non-recurring gains and losses was ¥957,161,316.24, which is an increase of 29.42% year-on-year[2] - The basic earnings per share for Q3 2023 was ¥1.12, up by 16.67% from the previous year[3] - Total operating revenue for the first three quarters of 2023 reached ¥11.61 billion, a 10.8% increase from ¥10.47 billion in the same period of 2022[18] - Net profit for the first three quarters of 2023 was ¥2.81 billion, compared to ¥2.36 billion in the same period of 2022, reflecting an increase of 18.9%[19] - Comprehensive income for the first three quarters of 2023 was ¥2.81 billion, compared to ¥2.32 billion in the same period of 2022[20] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥18,710,415,474.30, marking a 12.37% increase from the end of the previous year[3] - As of September 30, 2023, total assets reached RMB 18.71 billion, an increase from RMB 16.65 billion at the end of 2022, representing a growth of approximately 12.4%[17] - Total liabilities amounted to RMB 5.33 billion, up from RMB 4.24 billion, indicating a rise of about 25.7%[16] - The company's total equity attributable to shareholders reached RMB 13.36 billion, up from RMB 12.40 billion, marking an increase of about 7.8%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥4,020,374,606.84, showing a significant increase of 102.93%[3] - Operating cash flow for Q3 2023 was CNY 4,020,374,606.84, a significant increase from CNY 1,981,142,749.91 in Q3 2022, representing a growth of approximately 102.5%[21] - Cash received from operating activities totaled CNY 13,896,463,367.02 in Q3 2023, up from CNY 12,106,579,648.54 in Q3 2022, marking an increase of approximately 14.8%[21] - Cash paid for purchasing goods and services was CNY 5,962,477,529.07 in Q3 2023, a decrease from CNY 6,433,350,697.19 in Q3 2022, reflecting a reduction of about 7.3%[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,922[8] - The top ten shareholders held a combined 87.29% of the company's shares, with Ningbo Liangji Industrial Co., Ltd. being the largest shareholder at 53.78%[10] Investment and Development - The company plans to expand its market presence and invest in new product development to drive future growth[12] - The company has increased its investment in research and development, focusing on innovative technologies to enhance product offerings[12] - Research and development expenses rose to ¥427.30 million, compared to ¥407.07 million in the previous year, indicating a focus on innovation[18] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its operational capabilities[12] Other Financial Metrics - Total operating costs increased to ¥8.41 billion, up 5.6% from ¥7.96 billion year-on-year[18] - Other income increased significantly to ¥137.96 million, compared to ¥66.59 million in the previous year[19] - Investment income for the first three quarters of 2023 was ¥165.79 million, down from ¥248.23 million in the same period of 2022[19] - The company reported a tax expense of ¥547.39 million for the first three quarters of 2023, compared to ¥448.67 million in the previous year[19]