Worldia(688028)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥179,152,725.06, representing a year-on-year increase of 59.88%[3] - Net profit attributable to shareholders for Q3 2023 reached ¥36,900,194.10, a significant increase of 192.67% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥34,503,966.60, up 253.50% year-on-year[3] - Basic earnings per share for Q3 2023 were ¥0.2410, an increase of 118.50% compared to the same period last year[4] - The company reported a year-to-date net profit attributable to shareholders of ¥74,507,680.49, which is up 119.81% year-on-year[3] - The net profit for the third quarter of 2023 reached CNY 74,414,324.67, a significant increase from CNY 33,158,215.06 in the same period last year, representing a growth of approximately 124.8%[19] - The total comprehensive income for the third quarter was CNY 74,343,464.84, compared to CNY 33,163,482.23 in the previous year, indicating an increase of about 123.5%[20] - The basic and diluted earnings per share for the third quarter were both CNY 0.4866, up from CNY 0.2964 in the same quarter of 2022, reflecting a growth of approximately 64.1%[20] Research and Development - The company invested ¥11,160,412.22 in R&D during Q3 2023, which is 32.78% higher than the same period last year[4] - Research and development expenses for the first three quarters of 2023 amounted to CNY 33,531,474.42, compared to CNY 21,663,379.37 in 2022, marking an increase of about 55%[18] - Research and development expenses increased to CNY 9,840,932.66 in the first three quarters of 2023, compared to CNY 8,345,330.15 in the same period of 2022, reflecting a growth of 17.9%[31] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥50,976,174.13, showing a substantial increase of 125.69%[3] - Cash inflows from operating activities for the first three quarters of 2023 totaled CNY 463,567,721.79, compared to CNY 311,975,902.95 in the same period of 2022, marking an increase of about 48.6%[22] - The net cash flow from operating activities for the first three quarters was CNY 50,976,174.13, up from CNY 22,587,041.74 in the previous year, representing a growth of approximately 126.5%[24] - The ending cash and cash equivalents balance as of September 30, 2023, was CNY 270,993,831.72, compared to CNY 181,376,063.81 at the end of the same period last year, reflecting an increase of approximately 49.4%[26] - The company reported cash outflows from investing activities of CNY 159,669,206.94 for the first three quarters, compared to CNY 329,434,705.14 in the same period last year, indicating a decrease of about 51.6%[24] - The net cash flow from financing activities was negative CNY 72,734,721.25, a decrease from a positive CNY 146,993,332.25 in the same period of 2022[24] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥2,084,812,405.47, reflecting a slight increase of 1.11% from the end of the previous year[4] - Total current assets decreased to RMB 804,472,002.01, down 7.7% from RMB 871,652,993.92 at the end of 2022[12] - The company's total liabilities reached CNY 192,283,523.95, compared to CNY 181,126,290.28 in 2022, indicating an increase of approximately 6.4%[14] - The equity attributable to shareholders increased to CNY 1,891,883,337.24 from CNY 1,880,151,767.36, showing a growth of about 0.9%[14] - Total assets decreased from CNY 1,858,495,897.01 as of December 31, 2022, to CNY 1,813,167,472.22 as of September 30, 2023, representing a decline of approximately 2.43%[28] - Total current liabilities decreased from CNY 106,584,447.29 as of December 31, 2022, to CNY 79,775,046.25 as of September 30, 2023, a reduction of approximately 25.2%[28] Market Expansion and Strategy - The company has been expanding its market presence, particularly in the automotive, 3C, and wind power sectors, contributing to the revenue growth[7] - The company continues to enhance its international strategy, with rapid growth in overseas markets and an increase in new customer acquisition[7] - The company has not reported any significant new product developments or technological advancements during the quarter[11] - There are no updates on market expansion or mergers and acquisitions in the latest report[11] - The company has not disclosed any new strategic initiatives in the current quarter[11]