PAIKE(SH:605123)2023-10-30 16:00Financial Performance - Total operating revenue for the first three quarters of 2023 reached ¥2,794,732,873.75, a significant increase of 32.4% compared to ¥2,111,671,943.34 in the same period of 2022[6] - Net profit for the first three quarters of 2023 was ¥419,707,699.61, representing a 19.3% increase from ¥351,929,957.16 in the same period of 2022[8] - The company reported a total comprehensive income of ¥423,331,983.17 for the first three quarters of 2023, compared to ¥350,935,009.41 in the same period of 2022[11] - The company's total revenue for Q3 2023 was $813.82 million, a decrease of 4.73% compared to the same period last year[36] - Net profit attributable to shareholders for Q3 2023 was $125.14 million, an increase of 2.84% year-over-year[36] - The total comprehensive income attributable to the parent company was approximately CNY 423.33 million, an increase from CNY 350.94 million in the previous period, reflecting a growth of about 20.6%[58] Operating Costs and Expenses - Total operating costs for the first three quarters of 2023 were ¥2,314,315,987.11, up 34.5% from ¥1,720,861,089.63 in the previous year[6] - The company reported a total of $2.08 billion in operating costs for Q3 2023, up from $1.56 billion in the same period last year[29] - The total operating costs were CNY 2.08 billion, up from CNY 1.56 billion, which is an increase of approximately 33.2%[76] - Research and development expenses for Q3 2023 were $124.51 million, up from $85.64 million in the same period last year, indicating a focus on innovation[29] - Research and development expenses rose to CNY 121.49 million, compared to CNY 85.64 million in the previous year, reflecting a growth of about 41.8%[76] Cash Flow and Investments - The net cash flow from operating activities for the first three quarters of 2023 was -¥7,185,239.81, an improvement from -¥190,002,659.65 in the previous year[7] - The company reported a net cash inflow from investment activities of ¥247,538,902.83 in the first three quarters of 2023, compared to a net outflow of -¥84,611,038.81 in the same period of 2022[7] - The net cash flow from investment activities was CNY 266,771,526.50, a significant improvement from the previous year's net outflow of CNY -287,681,038.81[56] - Cash inflow from investment activities totaled CNY 1,559,720,489.11, compared to CNY 111,419,314.42 in the previous year[56] - The company received government subsidies amounting to CNY 27,538,224.40 during the current reporting period[38] Assets and Liabilities - Total assets increased by 12.7% year-over-year, reaching CNY 6,791,047,439.54 compared to CNY 5,991,620,724.34[22] - The company's total liabilities increased to CNY 2,520,584,472.66, up from CNY 2,118,526,165.42 year-over-year[22] - Current liabilities totaled $2.21 billion, up from $1.79 billion in the previous year, reflecting a significant increase[33] - The company's inventory increased to CNY 958,332,484.33, up from CNY 897,830,816.32 year-over-year[26] - The total current liabilities increased significantly to CNY 2,165,860,648.63 from CNY 1,783,026,533.90[22] Equity and Shareholder Information - The company's total equity of CNY 4,222,588,453.87, an increase of 9.34% from CNY 3,862,022,992.76 year-over-year[22] - The total equity attributable to shareholders increased to $4.22 billion, compared to $3.86 billion in the previous year[34] - Basic and diluted earnings per share increased to CNY 3.4932 from CNY 3.2495, representing a rise of approximately 7.5%[58] - The company reported a net profit attributable to shareholders of CNY -7,185,239.81, a significant decline compared to CNY 96.22 in the previous year[22] - The company reported a total of 9,708 common shareholders at the end of the reporting period[39] Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[10] - Operating revenue for the year-to-date period increased by 32.35%, primarily due to growth in the aviation, petrochemical, and power forging businesses[39]