DMEGC(SZ:002056)2023-10-19 16:00Financial Performance - The company's operating revenue for Q3 2023 reached CNY 551,179.52 million, an increase of 15.90% year-on-year[5] - Net profit attributable to shareholders for the same period was CNY 43,793.27 million, up 6.63% compared to the previous year[5] - The net profit after deducting non-recurring gains and losses decreased by 3.70% year-on-year to CNY 38,550.61 million[5] - The basic earnings per share for Q3 2023 was CNY 0.27, representing an increase of 8.00%[5] - The net profit attributable to the parent company reached CNY 164,994.93 million, an increase of 36.60% compared to CNY 120,791.19 million in the same period last year[11] - Net profit for the third quarter reached CNY 1,659,105,700.55, representing a 37.5% increase from CNY 1,206,576,808.43 in the previous year[18] - The net profit attributable to shareholders of the parent company was CNY 1,649,949,274.66, compared to CNY 1,207,911,860.21, marking a growth of 36.4%[19] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 2,224,515.82 million, reflecting a growth of 26.32% from the end of the previous year[5] - The company's total liabilities increased to ¥19.47 billion from ¥14.38 billion, representing a growth of about 35.5%[16] - The company's expected liabilities increased by 44.68% to CNY 17,758.89 million, driven by higher warranty provisions due to increased sales of photovoltaic components and lithium-ion batteries[10] - The company's accounts payable increased by CNY 147,723.16 million, reflecting a growth of 42.04% due to enhanced production and sales scale[10] - The total current liabilities increased to ¥12.76 billion from ¥9.48 billion, reflecting a rise of approximately 34.5%[16] Cash Flow - Cash flow from operating activities for the year-to-date reached CNY 295,938.07 million, an increase of 95.67% year-on-year[5] - The net cash flow from operating activities was CNY 295,938.07 million, up 95.67% from CNY 151,241.65 million year-on-year[11] - The net cash flow from operating activities for Q3 2023 was CNY 2,959,380,716.81, an increase of 96.5% compared to CNY 1,512,416,519.34 in Q3 2022[21] - Cash received from operating activities totaled CNY 19,745,141,998.94, compared to CNY 17,255,129,614.24 in Q3 2022, reflecting an increase of 14.4%[21] - Cash paid for operating activities was CNY 16,785,761,282.13, up from CNY 15,742,713,094.90 in the previous year, indicating a rise of 6.6%[21] Investments and Expenses - The company reported a significant increase in cash and cash equivalents, reaching CNY 954,632.49 million, a rise of 68.83% from the previous year[9] - The company's investment income showed a significant decline of 204.76%, resulting in a loss of CNY 13,179.77 million, primarily due to losses from forward foreign exchange products[10] - Research and development expenses for the quarter totaled CNY 745,181,210.08, compared to CNY 703,000,893.49 in the previous year, indicating a growth of 6%[18] - The total operating costs amounted to CNY 13,796,369,804.18, up from CNY 12,931,044,251.62, reflecting a year-over-year increase of 6.7%[18] Strategic Developments - The company has completed the construction of the first production line for a new 12GW high-efficiency battery project and a 5GW high-efficiency module project, which are now gradually entering production[14] - The company is focusing on expanding its market presence through new product development and strategic investments in high-efficiency energy solutions[14]