HYATECH(SH:688510)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥143,653,488.65, representing a year-on-year increase of 63.62%[5] - The net profit attributable to shareholders for Q3 2023 was ¥35,496,966.44, a significant increase of 2,723.10% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥34,165,192.17, up by 4,556.70% year-on-year[5] - The basic earnings per share for Q3 2023 was ¥0.1374, reflecting an increase of 2,704.08% compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥399,306,599.64, a significant increase of 60.0% compared to ¥249,602,670.26 in the same period of 2022[17] - Net profit for the first three quarters of 2023 was ¥68,488,375.84, compared to ¥7,817,221.08 in the same period of 2022, representing an increase of 775.0%[18] - The net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥69,482,992.46, a substantial rise from ¥8,771,106.98 in the previous year[18] - Basic and diluted earnings per share for the first three quarters of 2023 were both ¥0.2689, compared to ¥0.0339 in the same period of 2022[18] Research and Development - The total R&D investment for the year-to-date was ¥39,182,015.47, which is a decrease of 4.67% compared to the same period last year[6] - The R&D investment accounted for 5.67% of operating revenue in Q3 2023, down by 4.67 percentage points year-on-year[6] - Research and development expenses for the first three quarters of 2023 were ¥39,182,015.47, an increase of 30.7% compared to ¥30,012,140.48 in the same period of 2022[17] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,470,425,685.65, an increase of 1.94% from the end of the previous year[6] - As of September 30, 2023, total assets amounted to RMB 1,470,425,685.65, an increase from RMB 1,442,403,361.65 at the end of 2022, reflecting a growth of approximately 1.8%[14] - Current assets decreased to RMB 651,831,556.25 from RMB 723,441,752.46, representing a decline of about 9.9%[13] - The total liabilities as of the end of the third quarter of 2023 amounted to ¥399,591,531.79, a decrease from ¥441,237,726.16 at the end of the previous year[15] - Total equity as of the end of the third quarter of 2023 was ¥1,070,834,153.86, up from ¥1,001,165,635.49 at the end of the previous year[15] Cash Flow - The company reported a net cash flow from operating activities of ¥77,874,089.46 for the year-to-date[6] - The net cash flow from operating activities for Q3 2023 was $77,874,089.46, a significant improvement compared to a negative cash flow of -$1,973,178.38 in Q3 2022[21] - Total cash inflow from operating activities amounted to $346,717,145.29, up from $231,885,879.34 in the same period last year, reflecting a year-over-year increase of approximately 49.5%[21] - Cash outflow for operating activities was $268,843,055.83, compared to $233,859,057.72 in Q3 2022, indicating an increase of about 14.9%[21] - The net cash flow from investing activities was -$160,319,089.32, slightly worse than -$155,359,803.88 in Q3 2022[21] - The net cash flow from financing activities was -$30,775,059.07, worsening from -$22,630,827.87 in the same quarter last year[22] - The total cash and cash equivalents at the end of Q3 2023 were $192,822,085.12, down from $305,428,289.92 at the end of Q3 2022, reflecting a decrease of approximately 37%[22] Operational Insights - The significant increase in revenue and profit is attributed to the recovery of international aviation business and rapid growth in domestic aviation batch production[9] - The company has not disclosed any new product developments or market expansion strategies in the current report[13]