ZHUHAI COSMX(SH:688772)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥3,066,448,378.75, representing a year-over-year increase of 17.91%[5] - Net profit attributable to shareholders for Q3 2023 was ¥149,145,157.56, a significant increase of 564.91% compared to the same period last year[5] - The basic earnings per share for Q3 2023 was ¥0.13, reflecting a 550.00% increase year-over-year[6] - The net profit attributable to shareholders for the year-to-date period reached ¥289,603,597.17, up 241.35% year-over-year[5] - Net profit for the third quarter of 2023 was ¥193,534,126.35, a significant increase from ¥84,945,402.93 in the same quarter of 2022, reflecting a growth of approximately 128.5%[21] - The company reported a profit before tax of ¥111,711,216.25 for the third quarter of 2023, a turnaround from a loss of ¥16,956,905.35 in the same quarter of 2022[21] Research and Development - Research and development expenses totaled ¥323,396,333.09 in Q3 2023, which is 10.55% of revenue, up from 9.45% in the previous year[6] - Research and development expenses for the first three quarters of 2023 amounted to ¥807,275,734.26, up from ¥579,087,592.71 in the same period of 2022, marking an increase of about 39.3%[20] - The company plans to continue increasing its R&D investment to enhance production efficiency and product development[10] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥21,906,089,582.16, marking a 10.59% increase from the end of the previous year[6] - Total assets as of September 30, 2023, reached CNY 21,906,089,582.16, an increase from CNY 19,807,591,713.38 at the end of 2022, reflecting a growth of approximately 10.55%[16] - The company's total liabilities as of the end of the third quarter of 2023 were ¥14,694,964,437.27, compared to ¥13,139,977,049.94 at the end of the previous year, representing an increase of approximately 11.8%[19] - Total liabilities reached approximately ¥13.14 billion, indicating a slight increase from the previous period[30] - Total current liabilities amounted to approximately ¥8.19 billion, with accounts payable being the largest component at ¥4.01 billion[30] - Non-current liabilities totaled approximately ¥4.95 billion, primarily driven by bonds payable of ¥2.62 billion and long-term loans of ¥1.40 billion[30] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥1,552,028,608.91, showing a decrease of 6.95% compared to the previous year[6] - Operating cash inflow for the first three quarters of 2023 was CNY 9,530,537,409.49, slightly down from CNY 9,538,134,012.02 in the same period of 2022[25] - Net cash flow from operating activities decreased to CNY 1,552,028,608.91 from CNY 1,667,880,216.99 year-on-year[25] - Cash inflow from investment activities increased significantly to CNY 1,725,531,865.92 compared to CNY 744,707,029.41 in the previous year[27] - Cash inflow from financing activities rose to CNY 2,590,628,400.00, up from CNY 2,027,807,831.58 in the same period last year[27] Equity - The company’s total equity attributable to shareholders was ¥7,097,161,550.68 at the end of Q3 2023, a 7.02% increase from the previous year[6] - The total equity attributable to shareholders of the parent company was ¥7,097,161,550.68, up from ¥6,631,547,548.59 in the same period of 2022, indicating a growth of about 7.0%[19] - The company has maintained a stable capital reserve of approximately ¥3.48 billion[31] Future Outlook - The company is focusing on expanding its market presence and enhancing product development strategies[14] - Future outlook includes potential mergers and acquisitions to strengthen market position and drive growth[14] Accounting Standards - The company is implementing new accounting standards starting in 2023, which may affect financial reporting[27]