GRANDWALL(SH:603897)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥3,078,166,895.45, representing a year-on-year increase of 52.29%[5] - Net profit attributable to shareholders was ¥46,788,669.68, with a year-to-date increase of 15.09% to ¥109,177,135.86[5] - The net profit excluding non-recurring gains and losses for the period was ¥37,163,078.15, showing a year-to-date decrease of 2.46%[5] - Basic and diluted earnings per share for the period were both ¥0.23, with a year-to-date increase of 15.22% to ¥0.53[6] - The weighted average return on equity was 1.72%, an increase of 2.42 percentage points compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥8,195,428,950.55, an increase of 9.7% compared to ¥7,470,673,143.53 in the same period of 2022[19] - Net profit for the first three quarters of 2023 was ¥109,177,135.86, compared to ¥94,860,266.95 in 2022, representing a growth of 15.1%[20] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.53, up from ¥0.46 in the same quarter of 2022[21] - The company reported a profit before tax of ¥126,941,462.81 for the first three quarters of 2023, compared to ¥109,503,617.01 in 2022, reflecting a growth of 16.0%[20] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥79,951,886.98, reflecting a significant decrease of 89.90%[6] - Cash generated from operating activities in the first three quarters of 2023 was ¥8,363,728,184.50, compared to ¥7,787,069,067.75 in 2022, indicating an increase of 7.4%[23] - The net cash flow from operating activities for Q3 2023 was ¥79,951,886.98, compared to ¥791,705,546.14 in Q3 2022, indicating a significant decrease[24] - Total cash inflow from operating activities was ¥8,493,211,743.99, up from ¥7,969,201,030.47 in the previous year, reflecting a growth of approximately 6.6%[24] - Cash outflow from operating activities increased to ¥8,413,259,857.01 from ¥7,177,495,484.33, representing a rise of about 17.2%[24] - Cash flow from investment activities showed a net inflow of ¥340,915.49, a recovery from a net outflow of ¥269,551,179.16 in the same quarter last year[24] - Cash inflow from financing activities totaled ¥612,447,177.79, down from ¥799,881,748.11 in Q3 2022, indicating a decline of approximately 23.4%[25] - The net cash flow from financing activities was negative at -¥133,344,935.11, contrasting with a positive net flow of ¥719,845,474.22 in the previous year[25] - The ending balance of cash and cash equivalents was ¥1,052,796,506.44, down from ¥1,645,661,058.50 in Q3 2022, marking a decrease of about 36%[25] - The company reported a total cash outflow for financing activities of ¥745,792,112.90, significantly higher than ¥80,036,273.89 in the same period last year[25] - The cash inflow from investment activities was ¥38,486,590.72, compared to a cash outflow of -¥10,705,780.91 in Q3 2022, indicating a turnaround in investment cash flow[24] - The company experienced a foreign exchange impact on cash and cash equivalents amounting to ¥311,959.21, slightly lower than ¥340,710.90 in the previous year[25] Assets and Liabilities - Total assets at the end of the period amounted to ¥6,047,016,900.24, marking a 7.45% increase from the end of the previous year[6] - The equity attributable to shareholders was ¥2,668,794,464.77, showing a decrease of 2.79% compared to the previous year-end[6] - As of September 30, 2023, total assets amounted to RMB 6,047,016,900.24, an increase from RMB 5,627,879,497.83 at the end of 2022, reflecting a growth of approximately 7.46%[15] - Total current liabilities rose to RMB 3,303,900,586.16, compared to RMB 2,810,910,890.06, marking an increase of around 17.54%[17] - The company's total liabilities reached RMB 3,378,222,435.47, up from RMB 2,882,470,056.02, which is an increase of approximately 17.25%[17] - The net profit for the period is not explicitly stated, but the retained earnings decreased to RMB 769,018,880.04 from RMB 845,633,857.08, indicating a decline of about 9.03%[17] - Inventory levels decreased to RMB 636,432,847.26 from RMB 689,434,693.09, reflecting a reduction of approximately 7.66%[16] - The company reported a significant increase in short-term borrowings, which rose to RMB 746,108,896.07 from RMB 681,742,936.37, an increase of about 9.46%[16] - The total equity of the company remained stable at RMB 1,589,471,093.01, unchanged from the previous period[17] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥82,721,459.70, down from ¥124,515,940.24 in 2022, a decrease of 33.7%[19] - The company has not disclosed any new product developments or market expansion strategies in the current report[14] Foreign Exchange - The company experienced a foreign exchange loss of -¥14,023,429.97 in the third quarter of 2023, compared to a loss of -¥21,671,621.53 in the same quarter of 2022, indicating an improvement in foreign exchange management[20]