BGE(SH:603588)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥3,021,711,713.24, representing a year-on-year increase of 37.78%[6] - The net profit attributable to shareholders for Q3 2023 was ¥163,576,786.09, reflecting a year-on-year growth of 3.40%[6] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥142,655,281.06, with a year-on-year increase of 6.41%[6] - Total operating revenue for the first three quarters of 2023 reached ¥7,490,320,282.73, an increase of 21.0% compared to ¥6,190,168,251.67 in the same period of 2022[33] - Operating profit for the first three quarters of 2023 was ¥742,232,117.34, compared to ¥707,461,184.70 in 2022, indicating a growth of 4.9%[33] - The total profit for the current period is approximately ¥739 million, an increase from ¥706 million in the previous period, representing a growth of about 4.67%[36] - The net profit attributable to shareholders of the parent company is approximately ¥658 million, up from ¥603 million, reflecting an increase of about 9.1%[36] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥25,542,396,825.87, an increase of 12.72% compared to the end of the previous year[9] - Total assets reached ¥25,542,396,825.87, up from ¥22,660,130,102.35, marking an increase of 12.5%[29] - Non-current assets totaled ¥13,044,689,121.61, an increase from ¥12,409,046,938.55 in the previous year, representing a growth of 5.1%[29] - Current liabilities increased to ¥9,861,343,044.52 from ¥7,990,760,074.08, reflecting a rise of 23.4%[29] - Long-term borrowings rose to ¥5,136,612,369.32, compared to ¥4,665,616,950.93, showing an increase of 10.1%[29] - The total equity attributable to shareholders at the end of Q3 2023 was ¥9,472,439,431.71, an increase of 6.69% from the previous year[9] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥1,197,889,275.58, a decline of 283.02% compared to the same period last year[12] - Cash flow from operating activities generated a net outflow of approximately ¥1.198 billion, compared to a net inflow of ¥654 million in the previous period[42] - Cash and cash equivalents at the end of the period totaled approximately ¥1.111 billion, down from ¥2.013 billion at the end of the previous period, a decrease of about 44.7%[44] - The company received cash from sales and services amounting to approximately ¥7.97 billion, an increase from ¥5.98 billion in the previous period, representing a growth of about 33.3%[42] - Cash inflows from financing activities totaled approximately ¥5.974 billion, a decrease from ¥6.836 billion in the previous period, reflecting a decline of about 12.6%[42] - The company paid approximately ¥3.531 billion in debt repayments, compared to ¥3.958 billion in the previous period, showing a decrease of about 10.8%[42] Expenses and Investments - The company reported a 36.48% increase in selling expenses to 10,881.57 million, driven by increased procurement and market expenses[17] - Research and development expenses for the first three quarters of 2023 were ¥162,221,124.96, slightly up from ¥161,539,230.96 in 2022[33] - The company reported cash outflows from investing activities of approximately ¥750 million, compared to outflows of about ¥1.707 billion in the previous period, indicating a reduction in investment spending[42] Other Income and Gains - The company reported a non-recurring gain of ¥20,921,505.03 for Q3 2023, with significant contributions from government subsidies and asset disposals[10] - Other income rose by 60.72% to 7,733.73 million, mainly from increased government subsidies[17] - Investment income increased by 45.49% to 14,892.57 million, attributed to profits from futures settlements and the disposal of equity in Yuhaitian[17] - The company experienced a 75.16% increase in fair value gains, primarily due to futures profits[12]