JZNEE(SH:603507)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥861,578,515.27, representing a year-on-year increase of 20.43%[5] - The net profit attributable to shareholders for Q3 2023 was ¥48,354,139.92, a significant increase of 135.99% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥33,745,297.51, up 51.91% year-on-year[6] - The net profit attributable to shareholders for the year-to-date period reached ¥126,532,344.30, up 110.86% year-on-year[5] - The company reported a year-to-date operating revenue of ¥2,716,789,613.29, which is a 35.75% increase compared to the same period last year[5] - Net profit for the first three quarters of 2023 was ¥136,256,288.50, compared to ¥68,181,666.51 in 2022, representing a 100% increase[23] Earnings and Shareholder Returns - The basic earnings per share for Q3 2023 was ¥0.34, an increase of 112.50% year-on-year[6] - Basic earnings per share for the first three quarters of 2023 were ¥0.89, up from ¥0.47 in the same period of 2022[24] - The company paid approximately $127.06 million in dividends and interest during the quarter, compared to $101.50 million in Q3 2022, marking an increase of about 25.3%[28] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥6,421,366,038.03, reflecting a growth of 17.07% compared to the end of the previous year[6] - Total liabilities as of the end of Q3 2023 amounted to ¥3,986,298,296.26, an increase from ¥3,195,391,250.69 at the end of Q3 2022[21] - Total equity as of the end of Q3 2023 was ¥2,435,067,741.77, compared to ¥2,289,459,758.87 in Q3 2022, reflecting a growth of 6.4%[21] Cash Flow and Financing Activities - Cash flow from operating activities for the first three quarters of 2023 was ¥2,377,302,984.84, compared to ¥1,989,762,123.44 in 2022, indicating a 19.5% increase[26] - The net cash flow from operating activities for Q3 2023 was approximately $119.94 million, a significant improvement from a negative cash flow of $111.84 million in Q3 2022, representing a turnaround of over 207%[27] - Total cash inflow from financing activities reached approximately $2.09 billion, compared to $1.72 billion in the same period last year, indicating an increase of about 21.6%[28] - The company reported a total cash outflow from financing activities of approximately $1.81 billion, compared to $1.06 billion in Q3 2022, representing an increase of about 70.5%[28] Current Assets and Inventory - The company's current assets amounted to RMB 3.619 billion, up from RMB 3.090 billion year-on-year[17] - The company's inventory stood at RMB 1.241 billion, an increase from RMB 1.150 billion in the previous year[18] - The company's accounts receivable increased to RMB 736.64 million from RMB 394.78 million year-on-year, reflecting a growth of approximately 86.6%[17] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥88,071,949.44, up from ¥53,709,980.50 in 2022, marking a 63.9% increase[22] Order Volume and Market Position - The company experienced an increase in order volume, leading to higher delivery volumes, which contributed to revenue growth[10] - The company has sufficient orders on hand, totaling RMB 2.277 billion, with RMB 1.816 billion from wind power equipment, RMB 0.159 billion from photovoltaic equipment, RMB 0.076 billion from marine engineering ship leasing services, and RMB 0.119 billion from fasteners[15] Foreign Exchange Impact - The company experienced a foreign exchange impact on cash and cash equivalents of approximately $5.28 million, contrasting with a negative impact of $19.09 million in Q3 2022[28]