M&G(SH:603899)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥5,899,006,541.60, representing an increase of 11.38% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥489,658,451.67, up 20.42% year-on-year[3]. - The net profit excluding non-recurring gains and losses was ¥453,839,490.26, reflecting a 26.78% increase compared to the previous year[3]. - Basic earnings per share for the quarter were ¥0.5301, a rise of 20.26% year-on-year[4]. - Total revenue for the first three quarters of 2023 reached ¥15,859,763,277.88, an increase of 15.5% compared to ¥13,729,593,493.63 in the same period of 2022[20]. - Operating profit for the first three quarters of 2023 was ¥1,370,034,365.24, an increase of 16.1% compared to ¥1,180,264,611.91 in the same period of 2022[21]. - Net profit for the first three quarters of 2023 was ¥1,167,900,105.32, reflecting a growth of 10.5% from ¥1,059,396,723.50 in the same period of 2022[21]. - The net profit for Q3 2023 was approximately ¥1.17 billion, an increase from ¥978 million in Q3 2022, representing a growth of about 19.3%[22]. - The net profit attributable to shareholders of the parent company was approximately ¥1.09 billion, up from ¥935 million in the same period last year, reflecting a year-over-year increase of 16.9%[22]. - Basic earnings per share for Q3 2023 were ¥1.1829, compared to ¥1.0120 in Q3 2022, indicating an increase of 16.8%[23]. - The total comprehensive income for Q3 2023 was approximately ¥1.16 billion, compared to ¥971 million in Q3 2022, reflecting an increase of 19.4%[22]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥13,945,939,224.80, an increase of 7.09% from the end of the previous year[4]. - The total assets as of the end of Q3 2023 were ¥13,945,939,224.80, compared to ¥13,022,593,379.49 at the end of Q3 2022, representing a growth of 7.1%[20]. - Total liabilities as of the end of Q3 2023 were ¥6,013,909,530.31, an increase from ¥5,770,415,317.82 in the same period of 2022[20]. - The company's equity attributable to shareholders reached ¥7,455,787,259.10, up from ¥6,849,334,531.67 in the previous year, indicating a growth of 8.8%[20]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,347,145,103.12, showing a growth of 43.97% compared to the same period last year[4]. - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥17.34 billion, compared to ¥15.09 billion in the same period of 2022, marking a growth of 14.9%[24]. - The net cash flow from operating activities in Q3 2023 was approximately ¥1.35 billion, up from ¥935 million in Q3 2022, showing an increase of 44.0%[25]. - The company reported cash and cash equivalents of approximately ¥2.32 billion at the end of Q3 2023, up from ¥1.64 billion at the end of Q3 2022, representing a growth of 41.8%[25]. - The company received cash from investment recoveries amounting to approximately ¥2.75 billion in Q3 2023, compared to ¥900 million in Q3 2022, indicating a significant increase[25]. - The company’s total cash outflow from financing activities in Q3 2023 was approximately ¥917 million, down from ¥1.11 billion in Q3 2022, showing a reduction of 17.3%[25]. Segment Performance - The total revenue for the writing tools segment was approximately CNY 1.86 billion, with a gross margin of 41.19%, reflecting a year-on-year increase of 4.43%[14]. - The student stationery segment generated revenue of approximately CNY 2.74 billion, with a gross margin of 34.28%, showing a year-on-year increase of 9.50%[14]. - The office stationery segment reported revenue of approximately CNY 2.36 billion, with a gross margin of 26.56%, indicating a year-on-year increase of 9.71%[14]. - The total revenue from the office direct sales reached approximately CNY 8.32 billion, with a gross margin of 7.58%, representing a year-on-year increase of 19.99%[14]. - The subsidiary Chenguang Ke Li Pu achieved revenue of approximately CNY 831.94 million, reflecting a year-on-year growth of 19.99%[15]. - Chenguang Life Hall (including Jiumu Miscellaneous Society) generated revenue of approximately CNY 987.84 million, with a year-on-year growth of 42.70%[15]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,757, with the largest shareholder holding 57.85% of the shares[10]. - The company reported a significant increase in minority shareholders' profit, which rose by 71.06% to ¥73,749,015.31 compared to the previous year[9]. Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[20].