HOP(SH:603319)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥485,542,588.47, representing a year-on-year increase of 6.32%[5] - The net profit attributable to shareholders for Q3 2023 was ¥67,000,532.09, reflecting a 16.17% increase compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥65,820,305.21, up 18.89% year-on-year[5] - The basic earnings per share for Q3 2023 was ¥0.32, an increase of 15.39% compared to the previous year[6] - Net profit for the third quarter of 2023 was ¥153,161,823.36, representing a 39.5% increase from ¥109,766,386.99 in the same quarter of 2022[22] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.73, compared to ¥0.52 in the same quarter of 2022, marking a 40.38% increase[23] - The company reported a total profit of ¥166,172,779.31 for the third quarter of 2023, compared to ¥120,471,782.63 in the same quarter of 2022, representing a growth of 37.96%[22] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥2,929,870,530.91, a 5.88% increase from the end of the previous year[6] - The total assets as of the end of the third quarter of 2023 were ¥2,929,870,530.91, an increase from ¥2,767,068,964.39 at the end of the previous year[21] - Total non-current assets reached RMB 1,308,187,408.55, up from RMB 1,193,959,531.66, showing an increase of around 9.5%[17] - Current liabilities totaled RMB 953,191,350.78, an increase from RMB 888,721,926.91, indicating a rise of approximately 7.3%[17] - The total liabilities as of the end of the third quarter of 2023 amounted to ¥1,248,049,775.86, an increase from ¥1,186,393,417.20 at the end of the previous year[21] - The total equity attributable to shareholders of the parent company increased to ¥1,660,380,905.52 from ¥1,559,936,056.67, reflecting a growth of 6.46%[21] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥165,441,294.10, showing a slight increase of 0.18%[6] - In the first three quarters of 2023, cash inflow from operating activities reached approximately ¥1.11 billion, a 20.1% increase from ¥926.24 million in the same period of 2022[24] - The net cash flow from operating activities was ¥165.44 million, slightly up from ¥165.15 million year-over-year[24] - Cash inflow from investment activities totaled ¥90.73 million, down 76.4% from ¥383.16 million in the previous year[25] - The net cash flow from investment activities was -¥100.54 million, worsening from -¥56.27 million in the same period last year[25] - Cash inflow from financing activities was ¥410.56 million, a decrease of 12.0% compared to ¥466.70 million in 2022[25] - The net cash flow from financing activities was -¥76.88 million, compared to a positive net flow of ¥7.40 million in the same period last year[25] - The ending balance of cash and cash equivalents was ¥172.99 million, down from ¥255.35 million year-over-year[25] Investments and Expenses - The company reported a significant increase in construction in progress by 75.77%, attributed to ongoing investments in projects[10] - The financial expenses increased by 129.84%, primarily due to exchange rate fluctuations[10] - Research and development expenses for the third quarter of 2023 were ¥103,553,634.59, up from ¥89,489,273.67 in the same quarter of 2022, indicating a 15.76% increase[21] Current Assets and Receivables - As of September 30, 2023, total current assets amounted to RMB 1,621,683,122.36, an increase from RMB 1,573,109,432.73 at the end of 2022, reflecting a growth of approximately 3.5%[16] - The company's cash and cash equivalents were RMB 245,222,186.99, down from RMB 270,216,610.24, indicating a decrease of about 9.2%[16] - Accounts receivable increased to RMB 616,977,593.02 from RMB 515,599,854.85, representing a rise of approximately 19.6%[16] - The company reported a significant increase in inventory, which rose to RMB 408,512,499.09 from RMB 400,385,039.96, a growth of approximately 2.8%[16] Future Outlook - The company expects continued growth in revenue and profitability driven by sufficient orders and a decrease in raw material prices[11] - The company has not disclosed any new product developments or market expansion strategies during the reporting period[15]