Sirui(SH:688102)2023-10-19 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥309,124,055.37, representing a year-on-year increase of 32.58%[5] - Net profit attributable to shareholders for Q3 2023 was ¥15,804,575.46, a significant increase of 151.81% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥15,073,752.78, up 189.89% year-on-year[5] - Basic and diluted earnings per share for Q3 2023 were both ¥0.0282, reflecting a 151.79% increase compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥868,879,728.95, an increase of 20.97% compared to ¥717,982,491.98 in the same period of 2022[20] - Net profit for the first three quarters of 2023 was ¥68,413,554.81, representing a 18.93% increase from ¥57,695,026.75 in the same period of 2022[21] - Earnings per share for the first three quarters of 2023 were ¥0.1222, compared to ¥0.1078 in the same period of 2022, reflecting a growth of 4.08%[22] Assets and Liabilities - The company's total assets as of the end of Q3 2023 amounted to ¥1,637,115,897.83, an increase of 9.35% from the end of the previous year[6] - Total liabilities as of the end of Q3 2023 amounted to ¥587,190,452.68, up from ¥486,691,206.88 at the end of Q3 2022, indicating a growth of 20.66%[18] - Total equity attributable to shareholders reached ¥1,030,358,504.96, compared to ¥993,829,737.89 in the previous year, marking an increase of 3.69%[18] - Current assets totaled RMB 709,039,737.97, slightly up from RMB 698,422,505.89, indicating a growth of about 1.88%[17] - Non-current assets totaled RMB 928,076,159.86, up from RMB 798,691,153.17, reflecting a growth of approximately 16.24%[17] Cash Flow - The company reported a cash flow from operating activities of ¥44,983,099.75 for the year-to-date period, with a focus on improving working capital management[6][11] - Cash flow from operating activities for the first three quarters of 2023 was ¥794,013,902.35, an increase from ¥606,343,438.96 in the same period of 2022[23] - Operating cash inflow for Q3 2023 was $864.65 million, an increase from $720.89 million in Q3 2022, representing a growth of approximately 19.9%[24] - Total cash and cash equivalents at the end of Q3 2023 stood at $70.58 million, a decrease from $104.47 million at the end of Q3 2022[25] Research and Development - Research and development expenses totaled ¥15,259,463.39 in Q3 2023, a decrease of 16.49% compared to the same period last year[6] - The proportion of R&D expenses to revenue was 4.94%, down 2.90 percentage points year-on-year[6] - Research and development expenses increased to ¥40,093,642.40 in the first three quarters of 2023, up from ¥34,779,447.57 in the same period of 2022, reflecting a growth of 15.5%[20] Shareholder Information - The company reported a total of 6,701 ordinary shares outstanding as of the end of the reporting period[13] - The largest shareholder, Wang Wenbin, holds 40.34% of the shares, totaling 225,913,503 shares[13] Market and Operational Insights - The increase in revenue was attributed to the expansion of new customers and international markets, along with favorable currency exchange rates[11] - The company has not disclosed any significant new product developments or market expansion strategies in this report[15] Costs and Expenses - Total operating costs for the first three quarters of 2023 were ¥806,419,443.74, up 17.99% from ¥683,403,862.54 in the previous year[20] - The company reported a decrease in financial expenses to ¥7,683,288.14 in 2023 from ¥10,525,113.11 in 2022, a reduction of 27.5%[20]