L&K(SH:603929)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 884,380,000, representing an increase of 5.18% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company reached CNY 154,352,000, a significant increase of 244.85% year-on-year[10]. - The basic earnings per share for the quarter was CNY 0.7234, up 244.80% from CNY 0.2099 in the same quarter last year[6]. - The net profit attributable to shareholders for the third quarter of 2023 was CNY 242.29 million, showing a significant increase compared to the same period last year due to strong chip demand and improved project margins[11]. - The basic earnings per share for the third quarter was CNY 244.80, reflecting a substantial growth in net profit attributable to shareholders[11]. - Total comprehensive income for Q3 2023 reached CNY 233,475,707.53, compared to CNY 73,533,740.36 in Q3 2022, representing a significant increase[23]. - Basic and diluted earnings per share for Q3 2023 were CNY 1.0711, up from CNY 0.3129 in Q3 2022, indicating strong earnings growth[23]. - Net profit for the third quarter was ¥232,509,751.90, significantly up from ¥68,284,070.11 in the previous year, marking an increase of approximately 240%[22]. - Net profit for the first three quarters of 2023 reached ¥229,275,359.68, a significant increase from ¥68,225,899.73 in the same period of 2022, marking a growth of approximately 236.5%[33]. Cash Flow and Liquidity - The net cash flow from operating activities for the quarter was CNY 875,321,000, an increase of 145.50% compared to the same period last year[6]. - The net cash flow from operating activities for the year-to-date period reached CNY 145.50 million, primarily driven by an increase in advance payments received for engineering projects[11]. - The company reported cash and cash equivalents of CNY 1,247.71 million as of September 30, 2023, compared to CNY 622.78 million at the end of 2022, indicating a significant increase in liquidity[16]. - The company reported cash inflows from operating activities of CNY 2,580,583,418.10 in Q3 2023, compared to CNY 2,448,967,284.96 in Q3 2022, showing a growth of 5.4%[27]. - The net cash flow from financing activities in Q3 2023 was negative at CNY -83,835,043.65, compared to a positive inflow of CNY 1,166,848.86 in Q3 2022, indicating a shift in financing strategy[28]. - The cash and cash equivalents at the end of Q3 2023 totaled CNY 1,242,228,839.08, significantly higher than CNY 449,799,288.91 at the end of 2022[28]. - The cash inflow from operating activities included 2,483,974,392.22 from sales, which is an increase from 2,256,956,958.19, indicating a growth of 10.0%[36]. - The cash outflow from operating activities decreased to 1,658,112,625.95 from 1,915,411,706.89, indicating a reduction of 13.4%[36]. Assets and Equity - Total assets at the end of the reporting period were CNY 3,096,066,019.89, reflecting a growth of 20.27% compared to the end of the previous year[6]. - The total equity attributable to shareholders of the listed company increased by 15.04% to CNY 1,347,702,240.84 compared to the previous year[6]. - The company's total assets increased to ¥3,096,066,019.89 from ¥2,574,243,345.55, reflecting a growth of about 20.3%[19]. - The total equity attributable to shareholders increased to ¥1,347,702,240.84 from ¥1,171,544,438.00, reflecting a growth of approximately 15%[19]. - The company's total assets as of September 30, 2023, were CNY 1,067,811,005.1, up from CNY 443,249,548.96 at the end of 2022, indicating strong asset growth[29]. Costs and Expenses - Total operating costs decreased to ¥1,585,838,412.52 from ¥1,714,658,772.56 year-over-year, representing a reduction of approximately 7.5%[21]. - The company reported a decrease in operating costs to ¥1,502,135,768.17 in 2023 from ¥1,512,816,005.99 in 2022, resulting in a cost reduction of approximately 0.7%[32]. - Research and development expenses for the first three quarters were ¥24,794,670.25, slightly higher than ¥23,739,656.59 in the previous year, indicating a focus on innovation[21]. - Research and development expenses rose to ¥24,794,670.25 in 2023, compared to ¥23,739,656.59 in 2022, indicating an increase of about 4.4%[32]. Investments and Future Plans - The company has increased its investment in trading financial assets, with a total of CNY 197.23 million reported, up from CNY 15.02 million in the previous year[16]. - The company plans to expand its market presence and invest in new technologies to drive future growth[20]. - The company plans to continue expanding its market presence and investing in new technologies, although specific details were not disclosed in the provided content[30].