Ganso(SH:603886)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 reached CNY 1,084,118,621, representing a year-over-year increase of 0.33%[5] - Net profit attributable to shareholders was CNY 253,648,216.66, up 7.35% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was CNY 246,229,373.83, reflecting a 7.08% increase year-over-year[5] - Basic earnings per share for the quarter were CNY 1.06, an increase of 8.16% from the previous year[6] - The weighted average return on equity was 16.27%, an increase of 0.88 percentage points compared to the previous year[6] - Net profit attributable to shareholders of the parent company for Q3 2023 was CNY 301,644,576.19, compared to CNY 298,326,584.03 in Q3 2022, indicating a growth of about 1.1%[21] - The company recorded a profit before tax of CNY 378,672,287.65 for Q3 2023, compared to CNY 377,672,073.50 in Q3 2022, showing a slight increase of about 0.3%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,656,123,965.04, a 16.32% increase from the end of the previous year[6] - The total assets of the company as of Q3 2023 were CNY 3,656,123,965.04, compared to CNY 3,143,254,453.00 in the previous year, representing an increase of approximately 18.3%[19] - The company's total liabilities as of Q3 2023 amounted to CNY 1,972,166,887.57, an increase from CNY 1,520,849,454.51 in the previous year, representing a growth of approximately 29.6%[19] - The total liabilities increased to RMB 1,271,961,828.62, compared to RMB 944,672,001.96 at the end of 2022, indicating a rise of about 34.6%[17] - The company reported a significant increase in contract liabilities to RMB 957,361,502.59 from RMB 831,285,993.07, representing a growth of approximately 15.1%[17] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 697,170,305.35, down 11.03%[6] - The net cash flow from operating activities for Q3 2023 was $697,170,305.35, a decrease of 11.0% compared to $783,583,888.37 in Q3 2022[25] - The company reported a total cash flow from operating activities of CNY 2,616,137,787.78 for the first three quarters of 2023[24] - The company reported a total cash outflow from operating activities of $1,942,406,861.86, which is an increase of 4.7% from $1,855,058,352.13 in Q3 2022[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,864[12] - The total equity attributable to shareholders of the parent company was CNY 1,683,317,731.64 in Q3 2023, compared to CNY 1,621,797,316.28 in Q3 2022, marking an increase of about 3.8%[19] Inventory and Receivables - Accounts receivable increased by 512.44% due to sales during the Mid-Autumn Festival season[10] - Accounts receivable increased significantly to RMB 319,070,279.99 from RMB 52,098,164.14, representing a growth of approximately 514.5%[16] - The company's inventory decreased to RMB 55,684,707.90 from RMB 75,733,065.42, reflecting a decline of approximately 26.5%[17] Operating Costs and Revenue - Total operating revenue for the first three quarters of 2023 reached CNY 2,157,493,067.70, a slight increase of 1.4% compared to CNY 2,127,541,124.90 in the same period of 2022[20] - Total operating costs for the first three quarters of 2023 were CNY 1,783,278,055.21, up from CNY 1,744,293,838.43 in 2022, reflecting an increase of approximately 2.2%[20] Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 16,487,222.69, up from CNY 15,620,659.41 in the same period of 2022, reflecting an increase of approximately 5.5%[20] Cash and Cash Equivalents - The company's cash and cash equivalents reached RMB 593,185,480.48, up from RMB 488,792,234.97 at the end of 2022, indicating an increase of about 21.4%[16] - The ending balance of cash and cash equivalents was $593,185,480.48, compared to $377,425,956.10 at the end of Q3 2022, representing a year-over-year increase of 57.1%[26] Other Financial Metrics - The company's short-term borrowings and other financial liabilities were not specified in the report, indicating a focus on operational metrics rather than financing[15] - The company has not disclosed any new product developments or market expansion strategies in the current report[15]