万马股份(002276) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 4,505,008,808.73, representing a 17.25% increase compared to the same period last year [21]. - Net profit attributable to shareholders of the listed company reached CNY 196,689,560.15, a 33.27% increase year-over-year [21]. - The net profit after deducting non-recurring gains and losses was CNY 168,591,902.45, reflecting a 12.21% increase compared to the previous year [21]. - The company's total comprehensive income for Q3 2023 reached CNY 497,219,726.87, compared to CNY 261,239,388.01 in the same period last year, indicating a significant increase of about 90.5% [39]. - The net profit attributable to shareholders of the parent company for Q3 2023 was CNY 478,171,444.73, an increase from CNY 335,809,853.04 in Q3 2022, representing a growth of approximately 42.3% [39]. - Operating profit for the current period was ¥530,686,810.25, up from ¥369,273,240.48 in the previous period, reflecting a growth of 43.69% [30]. - Net profit for the current period was ¥482,821,619.41, compared to ¥337,159,138.01 in the previous period, representing a year-over-year increase of 43.1% [30]. Assets and Liabilities - The total assets of the company as of the end of Q3 2023 were CNY 12,995,917,155.40, up 2.67% from the previous year [22]. - The total liabilities of the company were CNY 7,662,722,152.62, a slight decrease from CNY 7,775,449,042.69 in the previous year [22]. - The company's current assets totaled CNY 10,102,414,543.84 as of September 30, 2023, up from CNY 9,996,634,321.29 at the beginning of the year, reflecting a growth of approximately 1.1% [36]. - The total non-current assets amounted to CNY 2,597,068,940.95 as of September 30, 2023, compared to CNY 2,490,000,000.00 at the beginning of the year, indicating an increase of approximately 4.3% [36]. - The total assets of Zhejiang Wanma Co., Ltd. decreased by 97.00% in derivative financial assets, dropping from 1,346.93 million to 40.44 million due to reclassification of losses [8]. Cash Flow - The net cash flow from operating activities decreased by 254.08%, from -22.71 million to -804.19 million, as cash purchases exceeded sales collections [8]. - The company reported a net cash flow from operating activities of CNY -804,187,807.58, indicating a significant decline compared to the previous year [22]. - The company reported a net cash outflow from operating activities of ¥804,187,807.58, compared to a smaller outflow of ¥227,123,146.57 in the previous period [32]. - Investment activities resulted in a net cash outflow of ¥333,644,870.65, slightly improved from a net outflow of ¥357,719,002.29 in the previous period [32]. - Cash and cash equivalents at the end of the period totaled ¥1,514,837,976.81, down from ¥1,595,778,745.32 at the end of the previous period [32]. Shareholder Information - The company’s total number of ordinary shareholders reached 86,982 by the end of the reporting period [10]. - The equity attributable to shareholders of the listed company increased to CNY 5,311,636,749.53, a 9.20% rise year-over-year [22]. - Basic earnings per share for Q3 2023 were CNY 0.1957, a 33.31% increase from CNY 0.1468 in the previous year [22]. - The basic earnings per share for Q3 2023 was CNY 0.4757, up from CNY 0.3341 in Q3 2022, representing an increase of about 42.5% [39]. Expenses and Financial Metrics - Financial expenses surged by 170.31%, from 25.48 million to 68.86 million, primarily due to a decrease in exchange gains [8]. - The company recorded a total of ¥462,172,084.82 in R&D expenses for the current period, an increase from ¥431,023,370.14 in the previous period [30]. - The company’s income tax expense increased by 61.52%, from 26.90 million to 43.45 million, reflecting higher profits [8]. - The weighted average return on net assets was 3.77%, an increase from 3.15% in the same period last year [22]. - The company reported a significant increase in financial expenses, totaling ¥68,864,096.79, compared to ¥25,476,424.97 in the previous period [30]. Receivables and Inventory - Other receivables rose by 35.30%, from 176.23 million to 238.43 million, mainly due to an increase in margin deposits for hedging tools [8]. - Accounts receivable increased to CNY 4,542,173,165.49 from CNY 3,783,879,998.02, marking an increase of about 20.0% [36]. - The inventory as of September 30, 2023, was CNY 968,990,582.05, compared to CNY 858,020,595.65 at the beginning of the year, which is an increase of approximately 12.9% [36]. Other Financial Activities - The company achieved a government subsidy income of ¥18,989,461.36 for the current period, contributing to its overall financial performance [30]. - The company issued 200 million in medium-term notes, resulting in a 49.35% increase in payable bonds, from 403.87 million to 603.17 million [8]. - Other non-current liabilities increased by 55.08%, from 17.41 million to 26.99 million, mainly due to an increase in long-term advance receipts [8]. - The company reported a total non-operating income amounted to ¥28,097,657.70 for the current period, with a cumulative total of ¥92,092,814.79 from the beginning of the year to the end of the reporting period [30].