OLO Home(SH:603326)2023-10-29 16:00Financial Performance - Net profit for the first three quarters of 2023 reached 153,805,439.64, a significant increase of 63.9% compared to 93,858,037.63 in the same period of 2022[3] - Operating profit for the first three quarters of 2023 was 188,298,913.74, up 63.1% from 115,442,086.21 in the same period of 2022[3] - Revenue for the reporting period reached 500.87 million RMB, an increase of 8.59% year-over-year[9] - Net profit attributable to shareholders of the listed company was 93.94 million RMB, up 75.65% compared to the same period last year[9] - Total comprehensive income for the first three quarters of 2023 was 153.81 million RMB, compared to 93.86 million RMB in the same period last year[16] - Net profit attributable to shareholders increased by 63.87% year-to-date, primarily due to increased main business revenue and improved cost efficiency[23] - Total operating revenue for the first three quarters of 2023: 1,237,143,021.41 RMB, a 5.52% increase from 1,172,434,495.51 RMB in the same period of 2022[30] - Total operating costs for the first three quarters of 2023: 1,078,278,879.39 RMB, slightly up from 1,076,376,892.46 RMB in the same period of 2022[30] Asset Growth and Composition - Total assets increased to 2,376,726,236.33 as of September 30, 2023, compared to 2,201,908,391.10 at the end of 2022, reflecting a growth of 7.9%[1] - The company's total non-current assets increased to 1,585,419,494.43 as of September 30, 2023, up 5.7% from 1,500,434,059.36 at the end of 2022[1] - Total assets as of September 30, 2023, amounted to 2.38 billion RMB, compared to 2.20 billion RMB at the end of 2022[14] - Total assets increased by 7.94% to 2,376,726,236.33 yuan compared to the end of the previous year[23] - Total non-current assets increased by 14,124,956.81 yuan to 1,514,559,016.17 yuan compared to the end of the previous year[19] - Fixed assets remained stable at 915,940,305.08 as of January 1, 2023, with no adjustments made[6] - Intangible assets were reported at 54,993,402.70 as of January 1, 2023, with no changes from the previous year[6] - Inventory as of September 30, 2023, was 109.34 million RMB, up from 102.45 million RMB at the end of 2022[13] - Investment property increased to 186.95 million RMB as of September 30, 2023, from 122.29 million RMB at the end of 2022[13] - Monetary funds as of September 30, 2023: 275,343,975.07 RMB, decreased from 297,602,375.06 RMB at the end of 2022[28] - Trading financial assets as of September 30, 2023: 101,775,879.22 RMB, significantly increased from 2,673,657.67 RMB at the end of 2022[28] Liabilities and Equity - Total current liabilities as of September 30, 2023, were 825,749,896.60, up 9.3% from 755,425,445.14 at the end of 2022[1] - Long-term borrowings increased to 309,992,897.02 as of September 30, 2023, compared to 291,786,268.75 at the end of 2022, reflecting a growth of 6.2%[1] - Total liabilities as of January 1, 2023: 1,191,634,700.69 RMB, increased by 15,088,319.88 RMB from December 31, 2022[34] - Total owner's equity as of January 1, 2023: 1,024,398,647.22 RMB, decreased by 963,363.07 RMB from December 31, 2022[34] Cash Flow and Liquidity - Cash received from sales of goods and services in the first three quarters of 2023 was 1,341,325,155.36, a 4.1% increase from 1,288,876,239.88 in the same period of 2022[4] - Operating cash flow for the reporting period was 67.73 million RMB, a decrease of 53.89% year-over-year[9] - Net cash flow from operating activities increased by 59.89% to 268,477,252.20 yuan year-to-date, driven by increased cash inflows from sales and reduced cash outflows for goods and services[17][23] - Net cash flow from investing activities was -332,020,611.27 yuan, a significant decrease compared to the previous year's -159,957,847.28 yuan, mainly due to increased investment payments[17] - Cash paid for goods and services decreased to 617,828,046.35 yuan from 685,409,211.89 yuan year-over-year[17] - Cash paid to employees decreased to 258,611,782.42 yuan from 291,744,061.15 yuan year-over-year[17] - Total cash outflows from operating activities decreased to 1,140,685,151.53 yuan from 1,206,107,878.58 yuan year-over-year[17] - Net cash flow from financing activities for the first three quarters of 2023: 12,060,322.19 RMB, improved from -129,494,621.16 RMB in the same period of 2022[32] - Net increase in cash and cash equivalents for the first three quarters of 2023: -51,483,036.88 RMB, improved from -121,535,613.31 RMB in the same period of 2022[32] Earnings and Shareholder Information - Basic earnings per share (EPS) for the reporting period was 0.2978 RMB, an increase of 79.40% year-over-year[9] - Basic EPS for the first three quarters of 2023 was 0.4875 RMB, up from 0.2914 RMB in the same period last year[16] - Basic earnings per share increased by 67.30% year-to-date, driven by the increase in net profit attributable to shareholders[23] - Total number of ordinary shareholders at the end of the reporting period: 24,283[25] - Top shareholder NINA YANTI MIAO holds 202,319,040 shares, representing 64.12% of total shares[25] Accounting and Policy Adjustments - The company adjusted its accounting policies in accordance with the "Accounting Standards Interpretation No. 16" issued by the Ministry of Finance, effective from January 1, 2023[5] - Deferred tax assets increased by 14,124,956.81 yuan to 153,529,072.65 yuan compared to the end of the previous year[19] Government Subsidies - Government subsidies received during the reporting period amounted to 7.01 million RMB[10]