Autowell(SH:688516)2023-10-19 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,721,601,847.36, representing a year-on-year increase of 94.38%[4] - The net profit attributable to shareholders for Q3 2023 was ¥328,872,868.52, an increase of 87.64% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥324,092,691.47, up 87.79% year-on-year[4] - Total operating revenue for the first three quarters of 2023 reached ¥4,239,088,217.22, a significant increase from ¥2,398,482,755.05 in the same period of 2022, representing a growth of approximately 77%[21] - Net profit for the third quarter of 2023 was ¥856,496,647.57, compared to ¥459,458,104.05 in the same quarter of 2022, reflecting an increase of approximately 86%[23] - The net profit for the first three quarters of 2023 was ¥845,377,459.71, compared to ¥529,519,259.95 in the previous year, indicating an increase of about 60%[30] - The company reported a total comprehensive income of ¥856,496,647.57 for the third quarter of 2023, compared to ¥459,458,104.05 in the same quarter of 2022, indicating a growth of about 86%[23] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥14,394,536,194.40, reflecting a 68.91% increase from the end of the previous year[5] - The total liabilities as of the end of the third quarter of 2023 were ¥11,030,939,010.53, compared to ¥5,932,567,648.00 at the end of the previous year, indicating an increase of approximately 86%[20] - The total equity attributable to shareholders at the end of Q3 2023 was ¥3,267,682,676.51, a 27.06% increase from the previous year[5] - The total equity attributable to shareholders of the parent company reached ¥3,267,682,676.51, up from ¥2,571,778,474.35 in the previous year, representing a growth of about 27%[20] - The total current liabilities reached ¥6,396,681,090.21, compared to ¥3,898,800,032.12, reflecting an increase of approximately 64.3%[29] - The total non-current liabilities amounted to ¥1,197,034,207.58, a significant increase from ¥58,839,961.96, indicating a growth of approximately 1935.5%[29] Cash Flow - The cash flow generated from operating activities for the year-to-date period was ¥496,526,483.85, up 43.05% year-on-year[5] - The net cash flow from operating activities for the first three quarters of 2023 was CNY 496,526,483.85, an increase from CNY 347,106,864.41 in the same period of 2022, representing a growth of approximately 43%[24] - Cash flow from operating activities for the first three quarters of 2023 was ¥2,844,531,925.54, compared to ¥1,523,980,835.71 in the same period of 2022, showing a growth of approximately 86.5%[31] - The net cash flow from operating activities for Q3 2023 was $532,298,039.39, an increase from $329,142,053.85 in Q3 2022, representing a growth of approximately 61.8%[32] - The cash flow from operating activities was significantly bolstered by a total cash inflow of $3,023,016,615.23, compared to $1,615,288,636.84 in Q3 2022, marking an increase of around 87.1%[32] Research and Development - The company's R&D investment for Q3 2023 was ¥82,410,710.68, which is a 49.87% increase compared to the same period last year[5] - Research and development expenses for the third quarter of 2023 amounted to ¥212,412,927.97, compared to ¥153,038,877.80 in the same quarter of 2022, showing a growth of about 39%[22] - Research and development expenses for the first three quarters of 2023 were ¥104,732,083.24, up from ¥96,856,688.57 in the previous year, indicating an increase of about 8.9%[29] Orders and Backlog - The company signed new orders worth 8.992 billion RMB (including VAT) in the first three quarters of 2023, with a year-on-year growth of 75.93%[15] - As of September 30, 2023, the company has a backlog of orders totaling 11.483 billion RMB (including VAT), reflecting a year-on-year increase of 76.34%[15] Shareholder Information - The top ten shareholders hold a combined 70.1% of the company's shares, with the largest shareholder owning 27.15%[12] Investment Activities - Total cash inflow from investment activities reached CNY 5,716,466,468.78, compared to CNY 3,790,276,985.93 in the previous year, indicating a year-over-year increase of about 51%[25] - The company reported a total cash outflow from investment activities of CNY 5,679,533,963.00, compared to CNY 4,133,640,073.58 in the same period last year, reflecting an increase of approximately 37%[25] - The company received $5,083,900,025.93 in cash from investment recoveries, which is an increase from $3,478,600,000.00 in Q3 2022, indicating a growth of approximately 46.1%[32]