WEIMING(SH:603568)2023-10-17 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,728,034,576.49, representing a year-on-year increase of 62.15%[3] - The net profit attributable to shareholders for Q3 2023 was ¥544,985,767.47, reflecting a growth of 56.52% compared to the same period last year[3] - The basic earnings per share for Q3 2023 was ¥0.32, an increase of 52.38% year-on-year[3] - The company reported a net profit excluding non-recurring gains and losses of ¥538,967,154.03 for Q3 2023, which is a 58.15% increase year-on-year[3] - Net profit for Q3 2023 was ¥1,598,715,979.44, up from ¥1,261,143,803.50 in Q3 2022, reflecting a growth of approximately 27%[20] - The company’s equity attributable to shareholders reached ¥10,608,507,513.59 in Q3 2023, up from ¥9,391,743,907.05 in Q3 2022, representing a growth of approximately 13%[17] - The total comprehensive income for Q3 2023 reached approximately ¥1.59 billion, compared to ¥1.26 billion in Q3 2022, indicating a year-over-year increase of 26.4%[22] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥22,733,985,505.46, which is an increase of 11.79% from the end of the previous year[3] - Non-current assets totaled ¥16,716,347,680.29 as of Q3 2023, compared to ¥15,584,113,000.63 in the previous year, marking an increase of about 7.3%[16] - Current liabilities amounted to ¥3,402,213,205.99 in Q3 2023, compared to ¥2,538,507,985.13 in the same quarter of 2022, indicating an increase of about 34%[16] - The total liabilities as of Q3 2023 were ¥10,822,675,345.48, compared to ¥9,689,539,200.04 in Q3 2022, indicating an increase of about 11.7%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥1,382,286,494.12, showing a year-on-year increase of 7.85%[3] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥3.28 billion, up from ¥3.02 billion in the same period of 2022, reflecting an increase of 8.4%[24] - The net cash flow from investing activities for Q3 2023 was approximately -¥1.74 billion, an improvement compared to -¥2.57 billion in Q3 2022[25] - The company reported a net cash outflow from financing activities of approximately -¥267.66 million in Q3 2023, contrasting with a net inflow of ¥2.46 billion in Q3 2022[25] Operational Highlights - The company experienced significant growth in its EPC and service business revenues, contributing to the overall increase in operating income[5] - The company processed a total of 8.7037 million tons of waste in the first three quarters, a year-on-year increase of 27.39%, with household waste accounting for 8.3032 million tons[9] - The revenue from environmental protection projects in the first three quarters reached 2.262 billion RMB, reflecting a strong operational performance[9] - The equipment manufacturing and service business generated revenue of 2.339 billion RMB in the first three quarters[10] - The company signed contracts for various projects, including a waste incineration project with a total value of approximately 86.4 million RMB and a heat and power cogeneration project valued at about 238 million RMB[11] - The company has expanded its operational projects to a total of 49, including 6 in trial operation for waste incineration[9] Investments and Future Plans - The company is participating in a joint venture for a nickel smelting project in Indonesia with a total investment of up to 500 million USD, holding a 20% stake[12] - The company plans to invest approximately 700 million RMB in a high-purity electrolytic nickel project with an annual output of 50,000 tons[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,903, indicating a stable shareholder base[7] Research and Development - The company reported a research and development expense of ¥70,181,089.31 in Q3 2023, compared to ¥56,353,694.53 in Q3 2022, reflecting an increase of approximately 24.5%[20]