Elegant(SH:603221)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥349,884,174.55, representing a year-on-year increase of 107.67%[4] - Total operating revenue for Q3 2023 reached ¥788,981,756.99, a 26% increase from ¥626,386,130.89 in Q3 2022[22] - The net profit attributable to shareholders for the year-to-date period was ¥31,520,186.55, with a year-on-year increase of 25.96%[4] - Net profit for Q3 2023 was ¥15,551,046.80, compared to a net loss of ¥35,975,354.17 in the same quarter last year[23] - The profit attributable to shareholders of the parent company was ¥31,520,186.55, a significant recovery from a loss of ¥28,200,171.52 in Q3 2022[23] - The company reported a total comprehensive income of ¥24,650,298.33 for Q3 2023, compared to a loss of ¥25,817,644.56 in Q3 2022[24] Cash Flow - The net cash flow from operating activities for Q3 2023 was ¥35,306,496.73, an increase of 173.74% compared to the same period last year[4] - Cash inflow from operating activities for the first three quarters of 2023 was ¥753,459,280.06, slightly down from ¥787,305,323.22 in the same period of 2022[25] - The net cash flow from operating activities for Q3 2023 was $75,738,174.40, an increase from $35,312,643.59 in Q3 2022, representing a growth of approximately 114%[26] - Total cash outflow from operating activities amounted to $677,721,105.66, compared to $751,992,679.63 in the same period last year, indicating a decrease of about 9.8%[26] - The net cash flow from investing activities was -$104,659,712.74, an improvement from -$243,704,419.89 in Q3 2022, showing a reduction in losses by approximately 57%[26] - Cash inflow from financing activities totaled $291,299,502.95, significantly higher than $139,090,750.00 in Q3 2022, marking an increase of about 109%[26] - The net cash flow from financing activities was $61,134,953.95, up from $40,507,713.31 in the previous year, reflecting a growth of approximately 51%[26] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥2,100,204,444.55, reflecting a 4.73% increase from the end of the previous year[5] - As of September 30, 2023, the total assets of the company amounted to CNY 2,100,204,444.55, an increase from CNY 2,005,377,581.32 at the end of 2022, representing a growth of approximately 4.9%[16] - The company's current assets totaled CNY 718,987,147.69, up from CNY 597,803,729.58 at the end of 2022, indicating an increase of about 20.2%[15] - The company's total liabilities reached CNY 541,199,954.84, compared to CNY 515,604,789.94 at the end of 2022, marking a rise of about 4.9%[17] - The total equity attributable to shareholders rose to CNY 1,430,567,840.24 from CNY 1,394,407,035.41, which is an increase of approximately 2.6%[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,053[10] - Basic and diluted earnings per share for Q3 2023 were both ¥0.13, remaining unchanged from the previous year[5] - Basic and diluted earnings per share for Q3 2023 were both ¥0.13, compared to a loss of ¥0.12 per share in Q3 2022[24] Operational Efficiency - The increase in operating revenue was primarily driven by growth in product demand and an increase in orders[9] - The company reported a significant increase in cash flow due to increased procurement and reduced cash payments for purchased goods[9] - The company experienced a positive impact on gross profit due to exchange rate fluctuations and a decrease in raw material prices[9] Expenses - Total operating costs increased to ¥762,798,937.31, up from ¥685,299,280.76, reflecting a rise of approximately 11%[22] - Research and development expenses for Q3 2023 were ¥20,683,540.07, an increase from ¥18,495,866.61 in Q3 2022, indicating a focus on innovation[22] - Tax expenses for Q3 2023 were ¥6,027,333.45, compared to a tax benefit of ¥10,670,626.68 in the same quarter last year[23] - The company experienced a significant reduction in financial expenses, reporting a net financial income of -¥3,629,528.04 in Q3 2023, compared to -¥16,358,595.28 in Q3 2022[22]