Ellington(SH:603328)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥810,822,543.02, a decrease of 0.80% compared to the same period last year[2]. - Net profit attributable to shareholders for Q3 2023 was ¥114,102,410.89, an increase of 12.68% year-on-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥107,525,333.51, up 8.70% from the previous year[2]. - Basic earnings per share for Q3 2023 was ¥0.114, representing a year-on-year increase of 12.87%[3]. - The company reported a net profit of ¥1,234.30 million for the period ending September 30, 2023, compared to ¥1,082.44 million for the same period in 2022, reflecting an increase of approximately 14.0%[15]. - Net profit for the first three quarters of 2023 was ¥298,631,116.11, compared to ¥224,135,878.20 in 2022, reflecting a significant increase of approximately 33.2%[19]. - The company reported a total profit of ¥353,500,357.78 for the first three quarters of 2023, up from ¥265,581,936.38 in 2022, which is an increase of about 33.1%[19]. - The company’s total comprehensive income for the first three quarters of 2023 was ¥301,325,223.54, compared to ¥230,196,989.40 in 2022, reflecting an increase of approximately 30.9%[20]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥646,803,262.27, reflecting a significant increase of 67.29%[2]. - Cash flow from operating activities for the first three quarters of 2023 was ¥2,484,210,914.50, compared to ¥2,370,451,818.89 in 2022, showing an increase of approximately 4.78%[21]. - The net cash inflow from operating activities for Q3 2023 was $646,803,262.27, an increase of 67.2% compared to $386,639,795.26 in Q3 2022[22]. - The total cash outflow from operating activities was $2,039,230,858.52, a decrease from $2,182,102,828.11 in Q3 2022[22]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥5,053,849,148.51, a 2.59% increase from the end of the previous year[3]. - As of September 30, 2023, total current assets amounted to RMB 2,241.09 million, a decrease from RMB 2,488.61 million as of December 31, 2022[14]. - The company's total assets reached RMB 5,053.85 million, up from RMB 4,926.36 million at the end of 2022, indicating an increase of about 2.6%[15]. - Total liabilities decreased to RMB 1,323.59 million from RMB 1,350.65 million, showing a reduction of approximately 2.0%[15]. - The company's equity attributable to shareholders increased to RMB 3,730.26 million from RMB 3,575.71 million, representing a growth of about 4.3%[15]. Shareholder Information - The company reported a total of 34,236 common shareholders at the end of the reporting period[8]. - The largest shareholder, Sichuan Jiuzhou Investment Holding Group, holds 30.00% of the shares, with 299,532,619 shares pledged[8]. Investment and Growth Strategy - The company has seen a year-to-date net profit increase of 33.24%, attributed to increased operating revenue and effective cost reduction efforts[6]. - The company plans to continue expanding its market presence and invest in new product development as part of its growth strategy[10]. - The company’s long-term investments in debt instruments rose to RMB 1,157.09 million from RMB 752.33 million, marking an increase of approximately 54.0%[14]. Operating Costs and Expenses - Total operating revenue for the first three quarters of 2023 reached ¥2,411,627,962.26, an increase from ¥2,314,334,413.98 in the same period of 2022, representing a growth of approximately 4.22%[18]. - Total operating costs for the first three quarters of 2023 were ¥2,097,478,812.70, slightly up from ¥2,046,446,664.75 in 2022, indicating a marginal increase of about 2.48%[18]. - The company experienced a significant reduction in financial expenses, reporting a net financial income of ¥25,491,235.34 in 2023 compared to a loss of ¥113,031,583.24 in 2022[18]. - The company achieved an investment income of ¥31,194,664.39 in the first three quarters of 2023, a notable increase from ¥359,251.16 in the same period of 2022[18]. Cash and Equivalents - Cash and cash equivalents decreased to RMB 710.15 million from RMB 802.55 million as of December 31, 2022, reflecting a decline of approximately 11.5%[13]. - The cash and cash equivalents at the end of Q3 2023 stood at $697,151,705.70, down from $886,058,442.18 at the end of Q3 2022[23]. - The company received tax refunds amounting to $151,540,594.20, slightly lower than $155,719,686.71 in the previous year[22]. - Cash paid to employees increased to $377,240,842.32 from $344,571,493.71 in Q3 2022, reflecting a rise of 9.5%[22]. Inventory and Other Financial Metrics - The company’s inventory decreased to RMB 247.49 million from RMB 311.90 million, indicating a reduction of about 20.6%[14]. - Other comprehensive income after tax for the first three quarters of 2023 was ¥2,694,107.43, down from ¥6,061,111.20 in 2022, indicating a decrease of approximately 55.5%[20]. - The net cash outflow from investment activities was -$608,742,536.64, an improvement from -$867,832,608.46 in Q3 2022[22]. - Cash inflow from financing activities totaled $218,701,859.78, down from $530,400,177.36 in Q3 2022[23]. - The net cash outflow from financing activities was -$131,876,728.68, compared to a net inflow of $34,461,053.99 in the previous year[23]. - The company experienced a negative impact of -$6,030,171.50 from exchange rate fluctuations on cash and cash equivalents[23].