Willfar(SH:688100)2023-10-22 16:00Financial Performance - Total operating revenue for the first three quarters of 2023 reached ¥1,662,142,672.06, an increase of 11.88% compared to ¥1,485,993,040.48 in the same period of 2022[1] - Net profit for the first three quarters of 2023 was ¥346,764,033.36, compared to ¥285,158,896.80 in 2022, representing a year-over-year increase of 21.63%[5] - The company reported an operating profit of ¥405,567,575.00 for the first three quarters of 2023, up from ¥329,084,552.33 in 2022, reflecting a growth of 23.19%[5] - The total profit for the first three quarters of 2023 was ¥405,856,460.31, compared to ¥329,469,785.76 in 2022, representing an increase of 23.16%[5] - Basic and diluted earnings per share for the first three quarters of 2023 were both ¥0.71, up from ¥0.57 in the same period of 2022, indicating a growth of 24.56%[7] Operating Costs and Expenses - Total operating costs for the first three quarters of 2023 were ¥1,243,682,091.29, up from ¥1,131,280,924.80 in 2022, reflecting a growth of 9.91%[5] - Research and development expenses increased to ¥161,364,377.40 in 2023 from ¥140,334,095.48 in 2022, marking a rise of 15.03%[5] - The company's tax expenses for the first three quarters of 2023 were ¥59,092,426.95, up from ¥44,310,888.96 in 2022, reflecting a rise of 33.43%[5] Cash Flow - Cash flow from operating activities for the first three quarters of 2023 was ¥1,341,646,768.05, compared to ¥1,140,022,441.83 in 2022, an increase of 17.71%[7] - Operating cash inflow totaled CNY 1,443,874,071.19, an increase from CNY 1,226,619,687.97 year-over-year[11] - Net cash flow from operating activities was CNY 225,741,652.56, significantly up from CNY 56,809,773.02 year-over-year[11] - Cash inflow from investment activities reached CNY 351,523,255.13, compared to CNY 271,342,480.38 in the previous year[11] - Cash outflow from financing activities totaled CNY 305,603,944.99, up from CNY 132,003,682.79 year-over-year[12] Assets and Liabilities - Total assets increased to CNY 4,172,721,122.89 from CNY 3,918,222,849.97[19] - Total liabilities rose to CNY 1,380,460,091.44 from CNY 1,168,369,152.02 year-over-year[21] Investment and Shareholder Returns - The company achieved investment income of ¥3,051,108.85 in 2023, compared to ¥1,263,401.29 in 2022, indicating a significant increase of 141.56%[5] - The company completed a share buyback of 12,314,825 shares, representing 2.4630% of the total share capital, with a total expenditure of CNY 299,048,302.19[43] - The weighted average return on equity for the reporting period was 4.85%, an increase of 1.38 percentage points year-on-year[35] Subsidiary Performance - The main subsidiary, Zhuhai Zhonghui Microelectronics Co., Ltd., reported operating revenue of RMB 135.02 million, with a year-on-year growth of 112.40%[57] - The net profit for the main subsidiary reached RMB 34.49 million, marking a year-on-year increase of 180.48%[57] Research and Development - Research and development expenses totaled CNY 66,579,609.63, accounting for 10.25% of operating revenue, an increase of 0.29 percentage points[35] - The company added 10 new patents during the reporting period, bringing the total number of valid patents to 712[57] Government Subsidies and Gains - The company recognized government subsidies of RMB 30.31 million in the current period, totaling RMB 84.92 million year-to-date[54] - The company reported a disposal gain from non-current assets of RMB 515.14 thousand in the current period, with a total of RMB 619.27 thousand year-to-date[54]