LEO(SZ:002131)2023-10-30 16:00Financial Performance - Total operating revenue for Q3 2023 reached ¥15,678,531,483.89, an increase of 3.47% compared to ¥15,150,607,095.73 in Q3 2022[8] - Net profit for Q3 2023 was ¥2,094,173,075.72, a significant recovery from a net loss of ¥83,257,409.98 in the same period last year[9] - The company achieved a substantial increase in sales revenue from goods and services, totaling ¥17,118,446,789.67, compared to ¥15,346,085,642.73 in Q3 2022[11] - Net profit attributable to shareholders was ¥187,233,631.62, an increase of 118.18% year-over-year[31] - The basic earnings per share for the quarter were ¥0.0277, an increase of 118.16% year-over-year[31] - Total comprehensive income attributable to the parent company reached CNY 2,163,083,918.39, compared to CNY 36,723,510.54 in the previous period, indicating a significant increase[53] Operating Costs and Expenses - Total operating costs amounted to ¥15,422,860,538.04, up from ¥14,910,518,977.13, reflecting a year-over-year increase of 3.41%[8] - Research and development expenses decreased to ¥111,304,577.75 from ¥137,929,412.50, indicating a reduction of approximately 19.5%[9] - Other comprehensive income after tax amounted to ¥57,098,255.19, a decrease from ¥111,662,006.08 in the same quarter last year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥52,038,599.97, down 63.77% from the previous year[31] Cash Flow and Financing Activities - Cash flow from operating activities showed a net outflow of ¥189,895,602.59, an improvement from a larger outflow of ¥3,387,899.19 in Q3 2022[12] - The company reported a net cash inflow from financing activities of ¥866,958,390.74, contrasting with a net outflow of ¥624,014,862.69 in the previous year[31] - Total cash outflow from financing activities was ¥1,565,500,000.00, down from ¥2,587,240,000.00 in the previous year, indicating improved cash management[12] - Cash flow from financing activities improved by 238.93% to CNY 866,958,390.74, primarily due to increased borrowings[57] Assets and Liabilities - The total assets as of September 30, 2023, were ¥23,883,396,752.16, representing a 22.87% increase from the end of the previous year[31] - Total liabilities reached CNY 10,042,815,420.65, up from CNY 7,779,053,909.92, indicating an increase of around 28.9%[50] - Current assets totaled CNY 13,453,264,106.59, compared to CNY 10,668,139,620.85, marking an increase of about 26.7%[48] - Non-current assets rose to CNY 10,430,132,645.57 from CNY 8,769,193,949.67, reflecting a growth of approximately 18.9%[48] Investment Income - Investment income increased to ¥761,066,267.44, compared to ¥367,462,485.21 in the previous year, marking a growth of 106.7%[9] - Investment income surged by 107.11% to CNY 761,066,267.44, primarily due to increased returns from financial products and the disposal of shares in Ideal Automotive[57] Changes in Equity - The total equity attributable to shareholders was ¥13,816,839,286.77, an increase of 18.94% from the previous year[31] - The total equity attributable to shareholders increased to CNY 13,816,839,286.77 from CNY 11,616,850,028.38, a growth of about 18.9%[50] Other Financial Metrics - The weighted average return on equity was 1.36%, a decrease of 9.70% compared to the previous year[31] - Fair value changes in earnings increased by 336.27% to CNY 1,726,028,864.93, attributed to the fluctuation in the stock prices of listed stocks held by the company[57] - Credit impairment losses improved by 65.73% to -CNY 47,107,843.97, as the previous year included significant provisions for bad debts[57]