Baimtec Material (SH:688563)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥876,684,838.93, representing a year-on-year increase of 23.11%[4] - The net profit attributable to shareholders for Q3 2023 was ¥207,079,373.43, reflecting an 18.14% increase compared to the same period last year[4] - The company reported a year-to-date net profit attributable to shareholders of ¥502,912,818.91, which is a 25.02% increase from the previous year[4] - Net profit for the third quarter of 2023 was ¥502,912,818.91, up from ¥402,275,274.05 in the same quarter of 2022, reflecting a growth of approximately 25%[22] - The net profit attributable to the parent company's shareholders for Q3 2023 was ¥502,912,818.91, compared to ¥402,275,274.05 in Q3 2022, representing an increase of approximately 25%[24] - The company reported a total comprehensive income of ¥502,912,818.91 for Q3 2023, compared to ¥402,275,274.05 in Q3 2022, marking an increase of approximately 25%[24] Assets and Liabilities - The total assets at the end of Q3 2023 reached ¥11,448,889,688.43, marking a significant increase of 180.63% from the end of the previous year[5] - The total assets as of the end of the third quarter of 2023 were ¥11,448,889,688.43, compared to ¥4,079,724,658.60 at the end of the same period in 2022, showing significant growth[20] - The total liabilities as of the end of the third quarter of 2023 were ¥1,505,988,959.47, slightly up from ¥1,488,925,611.29 in the previous year[20] - The equity attributable to shareholders of the parent company reached ¥9,942,900,728.96, compared to ¥2,590,799,047.31 in the same period of 2022, indicating substantial growth[20] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥35,168,487.23, indicating a decrease of 80.04%[5] - Cash flow from operating activities for the first three quarters of 2023 was ¥1,201,149,521.68, compared to ¥1,086,135,020.80 in the same period of 2022, indicating an increase of approximately 10.59%[26] - The net cash flow from operating activities for Q3 2023 was -¥35,168,487.23, an improvement from -¥176,205,640.04 in Q3 2022[26] - The company raised ¥6,915,065,800.00 through financing activities in Q3 2023, compared to a cash outflow of -¥24,853,667.65 in the same period last year[27] - The cash flow from investing activities for Q3 2023 was -¥96,029,497.56, compared to -¥115,103,742.51 in Q3 2022, showing a decrease in cash outflow[27] Research and Development - Research and development expenses for Q3 2023 amounted to ¥56,910,666.17, which is a 41.27% increase year-on-year[5] - The proportion of R&D expenses to operating revenue was 6.49%, an increase of 0.83 percentage points year-on-year[5] - Research and development expenses for the third quarter of 2023 amounted to ¥150,771,404.70, compared to ¥132,880,739.65 in the previous year, marking an increase of about 13.5%[22] Shareholder Information - The total number of common shareholders at the end of the reporting period is 450,000,000, with the top 10 shareholders holding a significant portion of the shares[11] - China Aviation Engine Beijing Aviation Materials Research Institute holds 270,612,608 shares, representing 60.14% of the total shares[11] - The top 10 unrestricted shareholders include various investment funds, with the largest being China Industrial Bank's fund holding 4,302,334 shares[14] - The company has not reported any significant changes in shareholder relationships or actions among the top shareholders[15] Future Outlook - The company has not provided any specific guidance or outlook for future performance in the current report[16] - The company plans to continue expanding its market presence and investing in new technologies, although specific details were not disclosed in the report[28]