Wuxi Zhenhua(SH:605319)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 647,101,281.21, representing an increase of 18.43% compared to CNY 546,386,759.79 in the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was CNY 76,106,726.15, a significant increase of 38.87% from CNY 54,804,283.92 year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 73,242,663.82, up 38.26% from CNY 52,976,354.53 in the same period last year[5]. - The basic earnings per share for Q3 2023 was CNY 0.30, reflecting a growth of 30.43% compared to CNY 0.23 in the same period last year[10]. - Total operating revenue for the first three quarters of 2023 reached ¥1,615,937,017.83, a 19.9% increase from ¥1,347,558,364.43 in the same period of 2022[21]. - Net profit for the third quarter of 2023 was ¥166,625,832.28, compared to ¥106,866,104.88 in the same quarter of 2022, marking a 56.0% increase[23]. - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.70, up from ¥0.46 in the same quarter of 2022[24]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 334,371,845.20, showing a substantial increase of 307.41% compared to CNY 82,073,481.15 in the previous year[7]. - Cash inflow from operating activities for the first three quarters of 2023 was ¥1,769,412,416.58, compared to ¥1,413,277,072.65 in the same period of 2022, indicating a 25.2% increase[25]. - The net cash flow from operating activities for Q3 2023 was $334,371,845.20, compared to $82,073,481.15 in Q3 2022, representing a significant increase[26]. - Cash inflow from financing activities totaled $1,011,551,487.36, a substantial increase from $310,000,000.00 in the same quarter last year[26]. - The cash flow from operating activities showed a strong recovery, highlighting the company's operational efficiency improvements[26]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to CNY 4,328,966,069.29, representing a year-on-year increase of 22.24% from CNY 3,541,401,227.35[5]. - As of September 30, 2023, total current assets amounted to CNY 2,114,567,268.55, an increase from CNY 1,566,359,786.36 at the end of 2022, representing a growth of approximately 34.9%[15]. - Total liabilities increased to CNY 2,146,818,406.21 from CNY 1,467,117,961.07, representing a growth of approximately 46.3%[17]. - Total liabilities as of the end of the third quarter of 2023 amounted to ¥2,256,080,257.05, an increase from ¥1,552,727,710.71 at the end of the previous year[22]. - Total equity attributable to shareholders reached ¥2,072,885,812.24, up from ¥1,988,673,516.64, reflecting a 4.2% increase[22]. Investments and Expenses - The company reported a significant increase in fixed assets, which rose to CNY 1,594,048,261.38 from CNY 1,502,154,757.47, reflecting a growth of about 6.1%[17]. - Research and development expenses for the first three quarters of 2023 were ¥44,670,902.50, comparable to ¥44,694,165.35 in the same period of 2022[22]. - The net cash flow from investing activities was -$622,518,163.28, compared to -$131,160,526.30 in Q3 2022, indicating increased investment expenditures[26]. - Cash outflow for the acquisition of fixed assets, intangible assets, and other long-term assets was $402,425,642.91, compared to $133,656,537.08 in the previous year[26]. Market Strategy - The company is focused on expanding its market presence and enhancing its product offerings through strategic acquisitions and technological advancements[5]. - The company received government subsidies amounting to CNY 2,948,677.06 during the reporting period, contributing to its financial performance[6]. Shareholder Information - The top ten shareholders hold a combined 100% of the shares, with the largest shareholder owning 27.48% of the total shares[12].