Yoke Technology(SZ:002409)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥1,219,120,197.82, an increase of 10.01% compared to the same period last year[3] - Net profit attributable to shareholders decreased by 23.35% to ¥139,235,020.91 in Q3 2023[3] - Total operating revenue for the current period reached ¥3,541,739,094.07, an increase of 11.8% compared to ¥3,166,821,407.28 in the previous period[13] - Net profit for the current period was ¥502,205,356.12, representing a growth of 4% from ¥482,951,950.64 in the same period last year[14] - The company reported a total comprehensive income of ¥454,030,093.47, compared to ¥367,765,026.42 in the previous year[14] Cash Flow - The net cash flow from operating activities for the year-to-date period increased significantly by 243.41% to ¥205,483,984.22[6] - Cash flow from operating activities generated ¥205,483,984.22, a significant increase from ¥59,836,734.20 in the prior period[15] - In Q3 2023, the net cash flow from financing activities was 404,917,627.04 CNY, a significant decrease from 2,742,248,176.70 CNY in the same period last year[16] - The company reported a negative net increase in cash and cash equivalents of -452,059,046.04 CNY for Q3 2023, contrasting with a positive increase of 1,375,729,308.24 CNY in Q3 2022[16] Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥11,936,399,433.10, reflecting a growth of 12.65% from the end of the previous year[3] - The total liabilities amounted to CNY 3,400,305,348.95, up from CNY 2,462,337,370.01, reflecting a rise of approximately 38.06%[11] - The company's current assets totaled CNY 5,447,085,855.91, compared to CNY 5,221,922,679.04 at the start of the year, indicating an increase of about 4.33%[10] Equity - The company’s total equity attributable to shareholders increased by 4.33% to ¥6,775,090,647.72 compared to the end of the previous year[3] - The company's equity attributable to shareholders reached CNY 6,775,090,647.72, up from CNY 6,494,159,644.02, representing an increase of approximately 4.33%[11] Expenses - The company reported a 60.25% increase in selling expenses, totaling ¥129,346,102.39, primarily due to increased market expansion costs[6] - Research and development expenses rose by 26.39% to ¥117,685,391.83, indicating a focus on enhancing R&D projects[6] - Sales expenses increased to ¥129,346,102.39, compared to ¥80,713,025.22 in the previous period, reflecting higher marketing efforts[13] - Research and development expenses rose to ¥117,685,391.83, up from ¥93,109,941.42, indicating a focus on innovation[13] Accounts Receivable and Inventory - The number of accounts receivable increased by 46.18% to ¥1,163,155,825.40, driven by higher sales[6] - The accounts receivable increased significantly to CNY 1,163,155,825.05 from CNY 795,722,020.22, marking a growth of approximately 46.14%[10] - The inventory level rose to CNY 1,410,111,339.68, compared to CNY 1,132,625,327.57 at the beginning of the year, which is an increase of about 24.49%[10] Other Financial Metrics - The company’s investment income surged by 1337.56% to ¥28,032,156.20, attributed to increased dividend income[6] - The company reported a notable increase in contract liabilities to CNY 910,678,956.00 from CNY 433,102,482.26, indicating a growth of approximately 109.5%[11] - Basic earnings per share increased to ¥1.0098, compared to ¥0.9661 in the previous year[14] - The company experienced a decrease in other comprehensive income, with a net amount of -¥48,175,262.65 compared to -¥115,186,924.22 in the previous period[14] Strategic Focus - The company is actively pursuing market expansion and new product development, although detailed strategies were not specified in the provided content[12] - The company did not undergo an audit for the Q3 2023 report[17]