China Bester (SH:603220)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥695,534,215.67, representing a year-on-year increase of 10.52%[5] - The net profit attributable to shareholders for the same period was ¥34,665,469.94, marking an increase of 18.13% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥34,358,117.42, reflecting a significant increase of 35.94% year-on-year[8] - Basic earnings per share for Q3 2023 were ¥0.1030, up 17.18% from the same period last year[6] - The net profit for the current period is CNY 100,269,802.12, an increase from CNY 70,830,851.85 in the previous period, representing a growth of approximately 41.5%[17] - The total profit for the current period is CNY 109,428,599.91, compared to CNY 77,627,349.14 in the previous period, indicating an increase of about 40.9%[17] Assets and Equity - The total assets of the company at the end of Q3 2023 amounted to ¥5,260,321,942.48, an increase of 13.58% compared to the end of the previous year[6] - The company's total equity attributable to shareholders was ¥1,816,349,997.62, reflecting a slight increase of 1.81% year-on-year[6] - The company's total assets as of September 30, 2023, were RMB 5,260,321,942.48, compared to RMB 4,631,532,468.91 at the end of 2022[33] - The total equity attributable to shareholders of the parent company increased to RMB 1,816,349,997.62 as of September 30, 2023, from RMB 1,784,146,006.60 at the end of 2022[33] Liabilities and Financial Expenses - The total liabilities of the company reached ¥3,375,812,493.94, up from ¥2,768,412,014.25 in the previous year, indicating a growth in leverage[15] - The company's interest expenses rose to CNY 21,496,644.81 from CNY 12,305,059.84, marking an increase of approximately 74.8%[17] - The total financial expenses for the current period are CNY 12,615,296.49, compared to CNY 12,949,140.85 in the previous period, showing a slight decrease of about 2.6%[17] Cash Flow - The cash flow from operating activities showed a net outflow of ¥309,523,450.36 for the year-to-date period[5] - Net cash flow from operating activities for the first three quarters of 2023 was negative at RMB -309,523,450.36, an improvement from RMB -487,542,230.92 in the same period of 2022[37] - Cash inflow from operating activities for the first three quarters of 2023 totaled RMB 1,968,800,138.29, compared to RMB 1,739,421,970.53 in the previous year[37] - The company’s cash outflow from operating activities was RMB 2,278,323,588.65 for the first three quarters of 2023, slightly up from RMB 2,226,964,201.45 in the same period of 2022[37] Investment and R&D - Research and development expenses for the first three quarters of 2023 amounted to RMB 67,169,194.69, a decrease of 11.3% from RMB 75,769,896.52 in the same period of 2022[44] - The investment income for the current period is reported as a loss of CNY 87,202.99, a significant decline from the previous period's income of CNY 4,740,398.02[17] Shareholder Information - The number of ordinary shareholders at the end of the reporting period is 53,850, with the largest shareholder, Li Liubing, holding 26.60% of the shares[27] Government Subsidies - The company received government subsidies amounting to CNY 648,640.81 during the current period, compared to CNY 3,105,444.13 in the previous period[24] Comprehensive Income - The total comprehensive income after tax for the current period is CNY 3,016,844.38, a recovery from a loss of CNY 4,831,171.15 in the previous period[17] - The company reported a comprehensive income total of RMB 103,286,646.50 for the third quarter of 2023, compared to RMB 65,999,680.70 in the same quarter of 2022[46]