HULUWA(SH:605199)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥363,993,090.57, representing a year-on-year increase of 12.64%[5] - The net profit attributable to shareholders for Q3 2023 was ¥16,137,465.43, reflecting a year-on-year growth of 13.16%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,604,002.63, showing a decrease of 12.12% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2023 reached CNY 1,277,972,413.57, an increase of 20.9% compared to CNY 1,056,601,652.93 in the same period of 2022[20] - Net profit for the third quarter of 2023 was CNY 82,814,357.88, representing a 15.5% increase from CNY 71,449,535.00 in the same quarter of 2022[22] - Earnings per share for the third quarter of 2023 were CNY 0.19, compared to CNY 0.18 in the same quarter of 2022[23] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥2,651,747,886.21, which is an increase of 14.69% from the end of the previous year[6] - The total liabilities as of the end of the third quarter of 2023 amounted to CNY 1,520,079,627.65, an increase from CNY 1,296,791,666.48 at the end of the previous year[20] - The equity attributable to shareholders at the end of Q3 2023 was ¥1,091,422,476.43, up by 7.65% compared to the previous year-end[6] - Current assets totaled RMB 1,236,943,417.57, slightly down from RMB 1,247,257,143.86 at the end of 2022, indicating a decrease of about 0.8%[18] - Non-current assets totaled RMB 1,414,804,468.64, up from RMB 1,064,800,231.40, showing a growth of approximately 32.8%[18] Cash Flow - The cash flow from operating activities for the year-to-date was negative at -¥254,961,328.01, indicating increased cash outflows for purchases and services[6] - Cash flow from operating activities for the first three quarters of 2023 was CNY 938,985,007.15, compared to CNY 883,690,644.38 in the same period of 2022[24] - The net cash flow from operating activities was -254,961,328.01, compared to -188,773,749.65 in the previous year, indicating a decline in operational cash generation[25] - Total cash inflow from operating activities amounted to 1,006,780,950.69, up from 946,721,412.80 year-over-year[25] - Cash outflow from operating activities increased to 1,261,742,278.70 from 1,135,495,162.45, reflecting higher operational costs[25] Investments and Financing - The net cash flow from investing activities was -440,485,110.18, compared to -120,051,088.22 in the previous year, showing increased investment expenditures[25] - Cash inflow from financing activities was 944,878,260.44, significantly higher than 349,893,100.00 in the previous year, indicating strong borrowing activity[26] - The net cash flow from financing activities was 409,503,934.68, compared to 6,652,246.90 in the previous year, reflecting improved financing conditions[26] - The company reported a total cash outflow of 535,374,325.76 from financing activities, up from 343,240,853.10, indicating higher dividend and interest payments[26] Operational Costs and Expenses - Total operating costs for the first three quarters of 2023 were CNY 1,181,635,370.90, up 20.3% from CNY 982,035,590.46 in the previous year[20] - Research and development expenses for the first three quarters of 2023 were CNY 50,335,642.74, a decrease from CNY 88,163,009.68 in the previous year[20] - Cash outflow for purchasing goods and services increased to 461,162,958.00 from 360,061,712.68, indicating rising operational expenses[25] - Payments to employees rose to 206,514,899.56 from 170,714,871.17, reflecting increased labor costs[25] Non-Recurring Gains and Subsidies - The company received government subsidies amounting to ¥6,563,750.52 during the reporting period, contributing to its non-recurring gains[10] - The total non-recurring gains for the year-to-date reached ¥5,533,462.80, down from ¥19,004,643.10 in the previous year[10] Market Strategy - The company has not disclosed any significant new product developments or market expansion strategies in the current report[16] - The company plans to continue expanding its market presence and investing in new product development to drive future growth[20]