TKRT(SH:688569)2023-10-13 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 399,921,706.16, a decrease of 2.45% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was CNY 74,331,728.06, down 5.99% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 73,671,320.21, a decrease of 3.77% compared to the previous year[5] - The company reported a 38.44% increase in operating revenue for the year-to-date, attributed to concentrated supply contracts and a decrease in raw material prices[9] - Total operating revenue for the first three quarters of 2023 reached ¥1,399,726,246.80, a significant increase of 38.4% compared to ¥1,011,087,877.27 in the same period of 2022[18] - Net profit for the first three quarters of 2023 was ¥368,398,120.20, representing a 66.1% increase from ¥221,801,038.25 in the same period of 2022[19] - The profit before tax for the first three quarters of 2023 was ¥421,923,693.05, compared to ¥253,393,812.26 in the same period of 2022, reflecting a growth of 66.5%[19] - The total comprehensive income for the first three quarters of 2023 was ¥243,514,829.03, compared to ¥160,150,362.50 in the same period last year, reflecting overall financial health[29] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 3,745,253,721.26, reflecting an increase of 7.61% from the end of the previous year[6] - As of September 30, 2023, total assets amounted to RMB 3,745,253,721.26, an increase from RMB 3,480,533,953.13 at the end of 2022, reflecting a growth of approximately 7.63%[14] - Current assets totaled RMB 2,853,329,829.99, up from RMB 2,631,840,255.09, indicating an increase of about 8.39%[15] - Total liabilities were RMB 606,316,480.53, down from RMB 625,449,965.90, reflecting a decrease of about 3.00%[16] - The company's total liabilities decreased to CNY 453,885,270.51 from CNY 479,177,034.50, showing a reduction of about 5.2%[26] - The total equity increased to CNY 2,474,399,944.93 as of September 30, 2023, compared to CNY 2,304,618,460.90 at the end of 2022, reflecting a growth of approximately 7.4%[26] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 407,207,206.92, representing a significant increase of 248.97%[6] - The net cash flow from operating activities for Q3 2023 was CNY 407,207,206.92, a significant increase from CNY 116,689,961.25 in Q3 2022, reflecting a growth of approximately 248%[22] - Cash flow from operating activities for the first three quarters of 2023 was ¥1,246,597,214.44, compared to ¥813,083,840.75 in the same period of 2022[21] - The cash inflow from operating activities totaled CNY 1,270,734,392.16, compared to CNY 861,625,680.18 in the previous year, marking an increase of approximately 47.5%[22] Research and Development - Research and development expenses totaled CNY 24,469,114.85 for Q3 2023, an increase of 27.09% year-on-year[6] - The company plans to continue investing in R&D, with the Beijing R&D center now operational, contributing to increased fixed asset depreciation[9] - Research and development expenses for the first three quarters of 2023 amounted to ¥66,600,285.59, an increase of 33.2% from ¥50,007,611.49 in the same period of 2022[18] - Research and development expenses increased to ¥49,326,864.58, up 40.0% from ¥35,252,916.90 in the previous year, indicating a focus on innovation[27] Market and Investment - The company recorded investment income of ¥13,253,777.75, a substantial increase from ¥3,532,500.00 in the previous year, highlighting successful investment strategies[27] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[29] Earnings Per Share - The basic earnings per share for the year-to-date was CNY 1.41, up 54.95% compared to the same period last year[6] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥1.41, up from ¥0.91 in the same quarter of 2022[20]