行动教育(605098) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 172,963,746.46, representing a year-over-year increase of 24.24%[5] - The net profit attributable to shareholders for Q3 2023 was CNY 55,241,696.38, reflecting a year-over-year increase of 23.30%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 58,237,879.56, showing a year-over-year increase of 34.44%[5] - Total operating revenue for the first three quarters of 2023 reached ¥461,101,972.23, a significant increase of 35.3% compared to ¥340,636,654.99 in the same period of 2022[20] - Operating profit for the first three quarters of 2023 was ¥188,853,847.14, up 72.2% from ¥109,587,793.68 in the previous year[21] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥160,660,694.32, representing a 70.5% increase from ¥94,108,094.02 in the same period of 2022[21] - Basic and diluted earnings per share for the first three quarters of 2023 were both ¥1.36, compared to ¥0.80 in the same period of 2022[22] - The total comprehensive income for the first three quarters of 2023 was ¥161,075,809.91, compared to ¥93,969,953.50 in the same period of 2022, indicating a growth of 71.5%[22] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 299,272,360.03, with a significant increase of 749.99% compared to the previous year[6] - Cash inflow from operating activities for the first three quarters of 2023 reached CNY 624.30 billion, a significant increase from CNY 352.05 billion in the same period of 2022, representing an increase of approximately 77.3%[25] - Net cash flow from operating activities for the first three quarters of 2023 was CNY 299.27 billion, compared to CNY 35.21 billion in the first three quarters of 2022, indicating a substantial growth of 749.5%[25] - Cash inflow from the recovery of investments was CNY 702.00 billion in the first three quarters of 2023, compared to CNY 670.00 billion in the same period of 2022, showing an increase of 4.8%[25] - The ending cash and cash equivalents balance as of the end of the third quarter of 2023 was CNY 544.51 billion, up from CNY 500.31 billion at the end of the same period in 2022[26] Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 1,917,170,825.01, a decrease of 1.72% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2023 was CNY 898,989,270.09, down 15.68% from the end of the previous year[6] - The total current assets as of September 30, 2023, amounted to CNY 1,654,728,111.07, a decrease from CNY 1,693,061,689.47 at the end of 2022, reflecting a decline of approximately 2.3%[16] - The total liabilities increased to CNY 1,917,170,825.01 from CNY 1,950,656,544.89, indicating a decrease of approximately 1.7%[17] - Total liabilities increased to ¥1,015,280,938.66 in Q3 2023, up from ¥880,835,578.68 in Q3 2022, reflecting a growth of 15.3%[18] - Total equity attributable to shareholders of the parent company decreased to ¥898,989,270.09 from ¥1,066,197,860.81, a decline of 15.7%[18] Strategic Insights - The company attributed the revenue growth to the successful implementation of a major client strategy and enhanced brand influence since its listing[9] - The increase in net profit was primarily due to higher operating income and improved management efficiency, leading to lower cost and expense growth compared to revenue growth[9] - The company’s total equity is not explicitly stated in the provided data, but the changes in assets and liabilities suggest a need for strategic review to enhance financial stability moving forward[17] Expenses - Research and development expenses for the first three quarters of 2023 were ¥18,366,861.14, down 12.1% from ¥20,895,685.06 in the same period of 2022[20] - The company reported a financial expense of -¥19,062,693.00, an improvement compared to -¥25,418,832.39 in the previous year[20] Inventory and Investments - The company reported a significant increase in inventory, which rose to CNY 3,269,756.82 from CNY 2,752,569.97, representing an increase of approximately 18.7%[16] - The company’s long-term equity investments decreased to CNY 234,829.55 from CNY 590,565.00, indicating a decline of about 60.3%[16] - Cash outflow for the purchase of fixed assets and intangible assets was CNY 1.96 billion in the first three quarters of 2023, down from CNY 7.78 billion in the same period of 2022[26] - The company reported a cash inflow of CNY 505.00 million from other investment activities in the first three quarters of 2023, compared to CNY 567.00 million in the same period of 2022[26]