TWH(SZ:002512)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥389,340,642.02, a decrease of 18.23% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥5,163,904.85, an increase of 109.77% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥5,135,718.62, up 108.27% compared to the previous year[4] - The basic earnings per share for Q3 2023 was ¥0.0047, reflecting a growth of 109.73% year-on-year[4] - The net profit attributable to shareholders of the parent company was 15,432,061.90, compared to a net loss of 138,103,859.89 in the previous period[29] - The total profit for the period was -11,071,975.10, a significant improvement from -160,661,046.97 in the previous period[29] - The company's net loss for the third quarter was CNY 59,552,344.65, compared to a net loss of CNY 187,986,611.27 in the previous year, indicating an improvement in financial performance[42] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥4,589,553,792.53, a decrease of 5.46% from the end of the previous year[4] - The total assets as of September 30, 2023, were CNY 4,589,553,792.53, down from CNY 4,854,373,420.38, reflecting a decrease of about 5.45%[40] - The total liabilities decreased to CNY 3,107,458,175.32 from CNY 3,368,629,069.66, indicating a reduction of approximately 7.74%[40] - The equity attributable to shareholders was ¥769,972,213.80, an increase of 2.05% compared to the end of the previous year[4] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥486,576,469.39, a decline of 327.98% compared to the same period last year[4] - The company's cash flow from operating activities showed a net outflow of -486,576,469.39, a decline of 327.98% compared to the previous period[35] - Operating cash flow for the current period was -486,576,469.39, a significant decline from 213,425,083.63 in the previous period, indicating a negative cash flow trend[44] - Total cash inflow from operating activities decreased to 1,494,190,183.75, down 33.9% from 2,265,620,495.37 in the prior period[44] - Cash outflow from operating activities was 1,980,766,653.14, slightly lower than 2,052,195,411.74 in the previous period, showing a reduction in cash outflow[44] - The ending cash and cash equivalents balance was 166,588,327.06, down from 457,225,179.42, reflecting a decrease in liquidity[46] Investments and Subsidies - The company received government subsidies amounting to ¥340,947.27 during the reporting period, which are closely related to its normal business operations[7] - The company reported a non-recurring gain of ¥137,010.70 from the disposal of non-current assets in Q3 2023[4] - The company reported a 2708.39% increase in investment income to 46,034,584.83, mainly from the disposal of non-strategic subsidiaries[35] - The cash flow from investing activities was 179,129,607.59, a turnaround from -213,488,369.79 in the previous period[35] - The company received 576,870,000.00 in cash related to investment activities, a substantial increase from 20,000,000.00 in the prior period[44] Operational Metrics - Accounts receivable increased by 73.65% to 424,300,984.36, attributed to the expansion of customer channels[34] - The company's total comprehensive income for the period was -3,648,733.50, compared to -140,996,197.69 in the previous period[29] - The company's R&D expenses for the third quarter were CNY 75,654,413.73, compared to CNY 68,971,410.25 in the previous year, showing an increase of about 9.79%[42] - The company's total operating costs for the third quarter of 2023 were CNY 1,598,561,067.68, up from CNY 1,468,937,643.61, reflecting a year-over-year increase of about 8.83%[42] - The company's long-term equity investments decreased by 75.11% to 44,340,163.41, due to the disposal of subsidiary equity[34] - The company's inventory decreased by 36.20% to 338,623,939.62, due to the recognition of revenue from certain integrated projects[34]