LPM(SH:605577)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 811,085,233.60, representing a year-on-year increase of 28.56%[7] - The net profit attributable to shareholders of the listed company was CNY 229,346,192.82, with a year-to-date net profit of CNY 357,354,929.06, reflecting a growth of 26.60%[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was CNY 226,233,216.75, an increase of 33.53% year-on-year[7] - The basic earnings per share for Q3 2023 was CNY 0.5160, up 26.59% compared to the same period last year[9] - Total operating revenue for the first three quarters of 2023 reached CNY 1,641,929,302.75, an increase from CNY 1,432,464,696.27 in the same period of 2022, representing a growth of approximately 14.6%[54] - Net profit for the first three quarters of 2023 was CNY 357,354,929.06, up from CNY 283,029,313.18 in 2022, indicating a growth of approximately 26.2%[55] - The total comprehensive income for the current period is approximately $358.58 million, up from $282.84 million in the previous year, indicating a growth of 27%[56] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -103,589,972.19 for Q3 2023, compared to a positive cash flow of CNY 271,760,126.17 in the same period last year[9] - Cash inflows from operating activities totaled approximately $1.31 billion, an increase from $1.17 billion in the previous year, marking a growth of 12.7%[57] - The net cash flow generated from operating activities is approximately $271.76 million, compared to $162.31 million in the same period last year, showing a significant increase of 67.5%[57] - Cash outflows for operating activities amounted to approximately $1.04 billion, compared to $1.00 billion in the previous year, which is an increase of 3.9%[57] - The company reported a net cash inflow from investment activities of CNY 87,945,660.31, compared to a net outflow of CNY 219,713,470.57 in the previous year[50] Assets and Liabilities - The total assets as of September 30, 2023, were CNY 5,481,161,610.66, an increase of 8.79% from the end of the previous year[9] - Total assets as of the end of the reporting period were CNY 5,481,161,610.66, compared to CNY 5,038,378,921.86 at the end of the previous period, marking an increase of about 8.8%[44] - The total current assets reached ¥3,161,059,827.62, up from ¥2,736,357,961.11, indicating a growth of approximately 15.5%[41] - The company’s total liabilities increased, with a notable rise in tax payable by 184.23% due to an increase in VAT payable[33] - Total liabilities increased to CNY 1,749,441,885.05 from CNY 1,616,346,453.45, representing a rise of approximately 8.2%[44] Research and Development - Research and development expenses decreased by 34.20% due to fewer projects in the reporting period[14] - Research and development expenses for the first three quarters of 2023 were CNY 1,632,757.21, down from CNY 2,481,395.58 in 2022, indicating a decrease of approximately 34.3%[55] - The company is focusing on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[39] Investment and Other Income - The company reported a decrease of 44.44% in investment income, primarily due to reduced returns from bank financial products[14] - The cash received from investment income is approximately $77,250.61, up from $54,239.79 in the previous year, indicating a growth of 42.5%[57] - The company has not recorded any asset disposal gains in the reporting period, marking a 100% decrease compared to the previous year[14] Accounts Receivable and Payable - Accounts receivable increased significantly by 161.91% to ¥500,272,689.23 compared to ¥191,011,635.52 in the previous year[33] - Other receivables rose by 79.70% to ¥39,880,434.54, up from ¥22,193,069.91, primarily due to an increase in pension refunds[33] - The company has seen a significant increase in accounts payable by 43.84%, reflecting outstanding procurement payments[33] Equity and Earnings - The total equity attributable to shareholders increased to CNY 3,731,719,725.61 from CNY 3,422,032,468.41, reflecting a growth of approximately 9.0%[44] - The basic and diluted earnings per share for the current period are both $0.8040, compared to $0.6368 in the same period last year, reflecting an increase of 26.3%[56]