GDTC(SH:688186)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥902,617,366.20, representing an increase of 8.82% compared to the same period last year[4]. - The net profit attributable to shareholders for the same period was ¥24,030,957.08, reflecting a growth of 6.43% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,757,381.44, which is an increase of 12.38% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2023 reached CNY 2,955,495,642.47, an increase of 22.8% compared to CNY 2,407,049,082.79 in the same period of 2022[18]. - Net profit for the third quarter of 2023 was CNY 122,177,266.59, compared to CNY 87,734,950.43 in the same quarter of 2022, representing an increase of 39.2%[20]. - The company reported a total profit of CNY 140,575,241.13 for the third quarter of 2023, compared to CNY 75,656,615.67 in the same quarter of 2022, marking an increase of 85.7%[20]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥10,816,879,083.65, showing a growth of 3.38% from the end of the previous year[5]. - As of September 30, 2023, total assets amounted to RMB 10,816,879,083.65, an increase from RMB 10,463,562,122.26 at the end of 2022, reflecting a growth of approximately 3.38%[14]. - Total liabilities as of the end of the third quarter of 2023 amounted to CNY 6,931,520,933.12, compared to CNY 6,695,290,475.90 at the end of the same period in 2022[18]. - The total liabilities decreased to RMB 5,295,204,724.81, down from RMB 5,604,786,432.06, indicating a decline of about 5.49%[15]. - The company’s equity attributable to shareholders increased to RMB 5,521,674,358.84, up from RMB 4,858,775,690.20, reflecting a growth of approximately 13.61%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥459,252,971.71, indicating a significant cash outflow[5]. - Cash inflow from operating activities for the first three quarters of 2023 reached approximately ¥1.46 billion, an increase from ¥1.22 billion in the same period of 2022, representing a growth of 19.3%[22]. - The net cash flow from operating activities was negative at approximately -¥459.25 million, worsening from -¥217.52 million year-over-year[22]. - Cash outflow from investment activities totaled approximately ¥1.13 billion, compared to ¥978.06 million in the previous year, indicating an increase of 15.5%[23]. - The net cash flow from investment activities was negative at approximately -¥708.24 million, an improvement from -¥974.84 million in the same period of 2022[23]. - Cash inflow from financing activities was approximately ¥2.06 billion, down from ¥2.89 billion in the previous year, a decrease of 28.5%[23]. - The net cash flow from financing activities was positive at approximately ¥305.49 million, a significant decrease from ¥1.34 billion in the same period of 2022[23]. Research and Development - The company's R&D investment for Q3 2023 was ¥32,930,539.26, a decrease of 46.00% compared to the same period last year[5]. - Research and development expenses for the first three quarters of 2023 were CNY 131,086,349.09, slightly up from CNY 130,493,358.47 in 2022[18]. - The company plans to adjust its R&D investments based on market changes, indicating a strategic focus on product development in response to market demands[9]. Other Financial Metrics - The basic earnings per share for the reporting period was ¥0.11, while the diluted earnings per share was ¥0.14, reflecting increases of 37.84% and 27.27% respectively year-on-year[5]. - The weighted average return on equity was 0.68%, a decrease of 0.04 percentage points compared to the previous year[5]. - The company received government subsidies amounting to ¥3,247,160.67 during the reporting period, contributing to the increase in net profit[9]. - The company received approximately ¥17.06 million in tax refunds, a significant increase from ¥3.99 million in the previous year, representing a growth of 327.5%[22].