GATD(SH:688239)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥528,771,852.51, representing a year-over-year increase of 43.95%[5] - Net profit attributable to shareholders for Q3 2023 was ¥51,291,545.25, up 26.26% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,071,419.92, reflecting a 17.77% increase year-over-year[5] - Year-to-date revenue as of Q3 2023 totaled ¥1,711,308,986.41, marking a 72.75% increase compared to the same period last year[5] - Total revenue for Q3 2023 reached CNY 1,711,308,986.41, a significant increase from CNY 990,607,238.52 in Q3 2022, representing a growth of approximately 73.0%[22] - Operating profit for Q3 2023 was CNY 189,568,526.64, compared to CNY 154,770,438.87 in the same period last year, indicating an increase of about 22.4%[23] - Net profit for Q3 2023 was CNY 166,892,085.24, up from CNY 134,237,454.60 in Q3 2022, reflecting a growth of approximately 24.3%[23] - The total comprehensive income for the third quarter of 2023 was CNY 167,409,326.71, compared to CNY 134,237,454.6 in the same period of 2022, representing an increase of approximately 24.7%[24] Assets and Equity - The total assets at the end of Q3 2023 amounted to ¥3,482,384,546.18, a 16.51% increase from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2023 was ¥1,623,667,460.79, which is a 30.25% increase compared to the end of the previous year[6] - Total assets as of Q3 2023 amounted to CNY 3,482,384,546.18, compared to CNY 2,988,820,816.68 in the previous year, marking an increase of about 16.5%[19] - The company's equity attributable to shareholders increased to CNY 1,623,667,460.79 from CNY 1,246,550,080.73, representing a growth of around 30.2%[19] Cash Flow - The company reported a net cash flow from operating activities of -¥42,411,803.47 for the year-to-date period[6] - Cash inflows from operating activities for the first three quarters of 2023 amounted to CNY 1,476,905,848.35, a significant increase from CNY 881,970,471.43 in the same period of 2022, marking a rise of approximately 67.5%[27] - Cash outflows from operating activities totaled CNY 1,519,317,651.82 in the first three quarters of 2023, compared to CNY 1,000,389,298.50 in 2022, indicating an increase of about 51.9%[27] - The net cash flow from operating activities for the first three quarters of 2023 was -CNY 42,411,803.47, an improvement from -CNY 118,418,827.07 in the same period of 2022[27] - Cash inflows from financing activities for the first three quarters of 2023 were CNY 554,934,927.87, down from CNY 642,979,416.83 in 2022, a decrease of approximately 13.7%[28] - The net cash flow from financing activities for the first three quarters of 2023 was CNY 145,259,827.44, compared to CNY 348,551,670.86 in the previous year, reflecting a decline of about 58%[28] - The cash and cash equivalents at the end of the third quarter of 2023 were CNY 166,267,016.48, down from CNY 203,707,911.76 at the end of the same period in 2022, a decrease of approximately 18.4%[28] Shareholder Information - The company reported a total of 5,714 common shareholders at the end of the reporting period[13] - The largest shareholder, Guizhou Baibei Investment Consulting Co., Ltd., holds 32,512,355 shares, representing 22.03% of total shares[13] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest holding being 22.03%[14] - The company did not report any participation in margin financing or securities lending by the top ten shareholders as of September 30, 2023[14] Research and Development - Research and development expenses totaled ¥16,835,234.07 in Q3 2023, accounting for 3.18% of revenue, a decrease of 1.54 percentage points from the previous year[6] - Research and development expenses for Q3 2023 were CNY 61,397,200.60, compared to CNY 53,944,979.28 in Q3 2022, indicating an increase of about 13.5%[22] Inventory and Receivables - Accounts receivable increased significantly to RMB 1,059,297,035.57 from RMB 577,388,230.41, representing an increase of about 83.3%[17] - Inventory as of September 30, 2023, was RMB 837,423,176.33, up from RMB 795,101,456.74, indicating a growth of approximately 5.3%[17] Other Financial Information - There are no significant changes in the company's debt structure or financial obligations reported in the third quarter[16] - The company has not disclosed any new product developments or market expansion strategies in the current report[15]