Hangcha (SH:603298)2023-10-17 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥4,292,595,298.10, representing an increase of 11.77% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2023 was ¥522,961,586.77, marking an 80.19% increase year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥506,022,442.19, up 71.48% from the previous year[6]. - The basic earnings per share for Q3 2023 was ¥0.56, reflecting a growth of 69.38% compared to the same period last year[7]. - Net profit for Q3 2023 was ¥1,377,794,948.83, up 72.5% from ¥798,008,729.21 in Q3 2022[19]. - Operating profit for Q3 2023 was ¥1,591,708,125.85, compared to ¥913,934,304.89 in Q3 2022, reflecting a significant increase[19]. - The total comprehensive income for the third quarter of 2023 reached CNY 1,414,370,206.63, compared to CNY 836,632,346.98 in the same period last year, representing a year-over-year increase of approximately 68.9%[20]. - Basic earnings per share for Q3 2023 was CNY 1.43, up from CNY 0.86 in Q3 2022, indicating a growth of 66.3%[20]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥13,488,286,329.77, an increase of 15.35% from the end of the previous year[7]. - The company's equity attributable to shareholders at the end of Q3 2023 was ¥8,206,582,253.19, a 30.69% increase from the previous year[7]. - Total liabilities decreased to ¥4,697,056,799.13 in Q3 2023 from ¥4,883,251,272.02 in Q3 2022, indicating improved financial stability[17]. - The total equity attributable to shareholders reached ¥8,206,582,253.19 in Q3 2023, up from ¥6,279,349,055.95 in Q3 2022[17]. - The company's current liabilities totaled ¥4,515,504,170.78 in Q3 2023, an increase of 21.1% from ¥3,729,073,823.91 in Q3 2022[16]. Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥934,966,202.94, showing a 70.65% increase compared to the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 10,520,647,836.94, an increase from CNY 9,129,159,068.72 in the same period last year, reflecting a growth of 15.3%[21]. - Net cash flow from operating activities for Q3 2023 was CNY 934,966,202.94, compared to CNY 547,894,484.88 in Q3 2022, marking an increase of 70.5%[21]. - The company's cash and cash equivalents as of September 30, 2023, amount to ¥3,500,166,059.54, an increase from ¥3,039,675,390.01 at the end of 2022[14]. - Cash and cash equivalents at the end of Q3 2023 totaled CNY 3,479,404,948.11, up from CNY 3,007,806,468.28 at the end of Q3 2022, representing an increase of 15.6%[22]. Investments and Expenses - Research and development expenses for the first three quarters of 2023 totaled ¥536,645,542.44, an increase from ¥462,771,204.70 in the same period of 2022[18]. - The company's investment in fixed assets, intangible assets, and other long-term assets in Q3 2023 was CNY 351,221,167.42, significantly higher than CNY 123,627,250.69 in Q3 2022, indicating an increase of 184.5%[22]. - The company reported a significant increase in investment income, totaling ¥265,178,651.66 in Q3 2023, compared to ¥151,825,512.39 in Q3 2022[19]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,604, with the top 10 shareholders holding 61.44% of shares[11]. - Zhejiang Hangcha Holding Co., Ltd. holds 386,744,960 shares, accounting for 41.34% of total shares[11]. - The company has not disclosed any related party relationships among the top shareholders[12]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[19].