SONGZ(SZ:002454)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,362,765,846.12, representing an increase of 18.55% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 16.48% to ¥19,311,586.08 in Q3 2023, while the net profit for the year-to-date increased by 90.75% to ¥107,279,950.54[5]. - The basic earnings per share for Q3 2023 was ¥0.03, down 23.33% year-on-year, while the diluted earnings per share also stood at ¥0.03[5]. - The company's net profit for the first nine months of 2023 grew by 60.92% compared to the same period last year, driven by increased operating revenue[9]. - The net profit for Q3 2023 reached CNY 122,277,310.49, a significant increase of 61.0% compared to CNY 75,988,266.26 in Q3 2022[18]. - Operating profit for the quarter was CNY 132,077,814.55, compared to CNY 88,894,061.21 in Q3 2022, indicating a year-over-year increase of 48.5%[18]. - The company reported a total comprehensive income of CNY 124,208,066.88 for the quarter, compared to CNY 77,057,339.33 in Q3 2022, an increase of 61.1%[19]. - Basic and diluted earnings per share were both CNY 0.17, up from CNY 0.09 in the same quarter last year, reflecting an increase of 88.9%[19]. Revenue and Costs - The company's operating costs increased by 31.09% year-on-year, primarily due to the significant growth in operating revenue[9]. - Total operating revenue for the third quarter of 2023 reached CNY 3,679,446,152.62, an increase of 27.1% compared to CNY 2,897,927,700.50 in the same period last year[17]. - Total operating costs for the third quarter of 2023 were CNY 3,591,964,229.29, up from CNY 2,842,545,532.12, reflecting a year-over-year increase of 26.4%[17]. - Revenue from sales of goods and services amounted to CNY 3,062,554,724.25, up from CNY 2,780,217,114.70 in the same period last year, reflecting a growth of 10.1%[20]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥7,346,345,836.59, reflecting a growth of 4.26% from the end of the previous year[5]. - Total current assets increased to CNY 5,196,329,819.46 from CNY 4,902,684,010.35, marking a growth of 6.0%[15]. - Total liabilities as of September 30, 2023, were CNY 3,051,972,553.96, compared to CNY 2,857,448,518.39, indicating an increase of 6.8%[16]. - The company's total assets reached CNY 7,346,345,836.59, up from CNY 7,046,471,182.13, reflecting a growth of 4.3%[16]. - Other receivables increased by 189.16% year-to-date, mainly due to financial support provided to Tianjin Public Transport[9]. - The company reported a net profit attributable to shareholders of CNY 2,164,520,230.65, compared to CNY 2,076,097,728.11, an increase of 4.3%[16]. Cash Flow and Financial Expenses - Cash and cash equivalents as of September 30, 2023, amounted to CNY 792,656,255.68, compared to CNY 724,614,409.07 at the beginning of the year, representing an increase of 9.4%[14]. - The cash flow from operating activities generated a net amount of CNY 102,162,955.51, compared to CNY 61,525,212.86 in the previous year, representing a growth of 65.9%[21]. - The company's financial expenses decreased by 37.86% year-on-year, attributed to a reduction in interest expenses[9]. - The company's financial expenses showed a net income of CNY -2,740,435.73, compared to CNY -1,987,875.64 in the previous year, indicating a worsening in financial costs[18]. - The cash and cash equivalents increased by CNY 104,451,739.88, contrasting with a decrease of CNY -281,440,920.99 in the same period last year[21]. Research and Development - Research and development expenses totaled CNY 187,127,324.54, slightly up from CNY 184,249,514.48, showing a commitment to innovation[18]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 37,236[11]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[17]. Audit Status - The third quarter report has not been audited[23].