Financial Performance - The company's operating revenue for Q3 2023 was CNY 863,607,240, representing a 1.63% increase compared to CNY 849,744,810 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 36,685,946, a significant increase of 36.24% from CNY 26,927,203 in the previous year[5]. - The net profit after deducting non-recurring gains and losses was CNY 34,458,730, reflecting a 45.61% increase compared to CNY 23,665,320 in the same period last year[5]. - Basic earnings per share for Q3 2023 were CNY 0.29, up 38.10% from CNY 0.21 in the same period last year[5]. - Revenue for the first nine months of 2023 reached CNY 40,288,629, an increase of 40.31% compared to CNY 28,714,446.95 in the same period of 2022[11]. - Net profit for the period was CNY 107,168,684.91, representing a significant increase of 38.29% from CNY 77,485,040.19 in the same period last year[19]. - The total comprehensive income for the period reached ¥107,168,684.91, compared to ¥77,485,040.19 in the previous period, reflecting an increase of approximately 38.3%[20]. - Basic and diluted earnings per share increased to ¥0.85 from ¥0.61, representing a growth of 39.3%[20]. Cash Flow - The cash flow from operating activities showed a decline of 80.47%, amounting to CNY 31,946,038 compared to CNY 163,553,210 in the previous year[5]. - Net cash flow from operating activities for the first nine months of 2023 was CNY 31,946,038.93, a decrease of 80.47% from CNY 163,553,211.28 in the same period of 2022[11]. - Cash inflow from operating activities totaled ¥2,615,167,690.43, up from ¥2,101,554,639.28, marking an increase of about 24.5%[23]. - The net cash flow from operating activities was ¥31,946,038.93, a decrease of 80.5% compared to ¥163,553,211.28 in the previous period[23]. - Cash outflow from investing activities amounted to ¥448,941,984.96, compared to ¥662,189,536.24 in the previous period, indicating a reduction of approximately 32.2%[23]. - The net cash flow from investing activities was -¥231,276,016.28, an improvement from -¥307,201,943.27 in the previous period[23]. - Cash and cash equivalents decreased by ¥205,055,180.09 during the period, compared to a decrease of ¥138,466,835.19 in the previous period[23]. Assets and Liabilities - Total assets as of September 30, 2023, were CNY 2,680,580,259.72, a decrease of 1.05% compared to the end of the previous year[5]. - The total assets of the company were CNY 2,652,431,039.67, slightly down from CNY 2,680,601,008.48[17]. - Total liabilities decreased to CNY 552,613,053.06 from CNY 618,830,462.13, a reduction of 10.66%[17]. - Total liabilities decreased by 70.97% for notes payable, amounting to CNY 57,179,843, primarily due to the payment of matured bank acceptance bills[11]. - Other payables surged by 1340.54% to CNY 67,216,979.47, mainly due to increased obligations for restricted stock repurchase related to equity incentives[11]. - The company's equity attributable to shareholders increased to CNY 2,099,817,986.61 from CNY 2,061,770,546.35, reflecting a growth of 1.84%[17]. Inventory and Expenditures - The company reported a significant increase in inventory shares, reaching CNY 62,555,952, reflecting the implementation of equity incentive plans[11]. - The construction in progress surged by 539.37% to CNY 165,752,088.96, primarily due to expenditures related to the Shanghai Aowei project[10]. - Inventory levels were reported at CNY 325,859,493.52, a decrease from CNY 335,782,635.30, indicating a reduction of 2.74%[17]. - Research and development expenses increased to CNY 91,901,661.37, compared to CNY 79,251,655.96, indicating a growth of 15.96%[19]. Other Income and Gains - The company reported a total of CNY 2,227,215.91 in non-recurring gains for the current period, with government subsidies contributing CNY 2,059,939.88[7]. - Other income increased by 48.89% to CNY 6,904,839.71, primarily due to an increase in government subsidies received[11]. - Investment income decreased by 58.51% to CNY 3,209,272.76, attributed to reduced returns from financial products purchased with idle funds[11]. - The company experienced a 64.76% reduction in asset impairment losses, amounting to CNY -2,666,523.86, due to decreased inventory impairment provisions[11]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 16,007, with the largest shareholder holding 16.59% of the total shares[13].
丽臣实业(001218) - 2023 Q3 - 季度财报