杭电股份(603618) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,993,374,512.83, a decrease of 10.68% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was CNY 34,056,569.61, an increase of 73.70% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 30,828,479.01, up 118.37% from the previous year[3]. - The basic earnings per share for Q3 2023 was CNY 0.05, reflecting a 66.67% increase compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2023 was CNY 5,586,058,944.85, a decrease of 10.9% compared to CNY 6,268,225,867.80 in the same period of 2022[18]. - Net profit for the third quarter of 2023 was CNY 125,703,941.50, an increase of 10.5% from CNY 113,348,092.34 in the same quarter of 2022[19]. - Earnings per share for the third quarter of 2023 were CNY 0.17, compared to CNY 0.15 in the same quarter of 2022, indicating a growth of 13.3%[20]. - The total comprehensive income for Q3 2023 was ¥112.97 million, compared to ¥107.33 million in Q3 2022, reflecting an increase of 5.03%[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,788,967,650.13, representing a 4.42% increase from the end of the previous year[4]. - The total assets as of September 30, 2023, were 9,360,567,092.39 RMB, an increase from 8,997,772,477.50 RMB at the end of 2022, marking a growth of about 4.0%[26]. - The company's total liabilities as of the end of the third quarter of 2023 were CNY 6,810,194,672.65, an increase from CNY 6,492,389,472.12 at the end of 2022[16]. - The total liabilities increased to 6,464,946,453.18 RMB from 6,180,606,893.42 RMB, reflecting an increase of approximately 4.6%[28]. - The equity attributable to shareholders at the end of the reporting period was CNY 2,884,398,884.37, an increase of 3.19% year-on-year[4]. - The company's total equity as of September 30, 2023, was 2,895,620,639.21 RMB, up from 2,817,165,584.08 RMB, indicating a growth of about 2.8%[28]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 17,904,163.92[3]. - The net cash flow from operating activities for Q3 2023 was 17,904,163.92 RMB, a significant improvement from a negative cash flow of -538,181,530.09 RMB in Q3 2022[23]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 5,199,408,339.33, down from CNY 5,968,364,387.52 in 2022, representing a decline of 12.9%[22]. - Total operating cash inflow for Q3 2023 was 5,716,917,715.43 RMB, compared to 6,583,088,374.68 RMB in the same period last year, indicating a decrease of approximately 13.2%[23]. - The total cash outflow from operating activities was 5,699,013,551.51 RMB, down from 7,121,269,904.77 RMB in Q3 2022, reflecting a reduction of about 19.9%[23]. - The net cash flow from investing activities was -363,201,865.80 RMB, worsening from -147,856,944.94 RMB year-over-year[23]. - Cash and cash equivalents at the end of Q3 2023 stood at 469,163,774.85 RMB, down from 506,553,283.54 RMB at the end of Q3 2022, representing a decline of approximately 7.4%[24]. Expenses - The company reported a decrease in sales expense ratio, contributing to the increase in net profit for the reporting period[7]. - Research and development expenses for the first three quarters of 2023 were CNY 209,832,192.23, slightly down from CNY 215,897,850.94 in the same period of 2022[18]. - The company incurred financial expenses of ¥58.27 million in the first three quarters of 2023, significantly reduced from ¥111.70 million in the same period last year[29]. - The company reported a decrease in financial expenses, which were CNY 83,371,924.47 for the first three quarters of 2023, compared to CNY 128,051,713.60 in 2022, a reduction of 34.9%[18]. - The company reported a decrease in sales expenses to ¥182.22 million, down 15.03% from ¥214.51 million year-on-year[29]. Shareholder Information - The company reported a total of 207,000,000 shares held by Yongtong Holdings Group Co., Ltd., accounting for 29.95% of total shares[11]. - The company has a significant shareholder relationship with Zhejiang Fuchunjiang Communication Group Co., Ltd., both controlled by Sun Qingyan[11].