Vanward(SZ:002543)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached CNY 1,343,310,607.93, representing a year-on-year increase of 7.73%[3] - Net profit attributable to shareholders for the same period was CNY 145,580,349.19, up 20.06% compared to the previous year[3] - The basic earnings per share for Q3 2023 was CNY 0.20, reflecting a 25.00% increase year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 137,196,522.42, up 19.33% year-on-year[3] - The weighted average return on equity for Q3 2023 was 3.23%, an increase of 0.38% compared to the previous year[4] - Operating profit for the current period is approximately ¥653.19 million, an increase of 3.9% compared to ¥630.57 million in the previous period[20] - Net profit for the current period is approximately ¥559.25 million, up 2.4% from ¥544.59 million in the previous period[21] - Basic and diluted earnings per share for the current period are both ¥0.75, compared to ¥0.73 in the previous period[21] Cash Flow and Liquidity - The company's cash flow from operating activities for the year-to-date reached CNY 1,212,549,150.80, showing a significant increase of 74.07%[3] - The company's cash flow from operating activities increased by 74.07% to CNY 1,212,549,150.80 compared to CNY 696,581,593.85 in the previous period[10] - The net cash flow from financing activities improved by 130.75%, reaching CNY 121,999,853.72, compared to a negative CNY 396,755,012.18 in the previous period[10] - The total cash and cash equivalents at the end of the period reached CNY 2,611,523,953.24, an increase from CNY 1,440,604,303.70 in the previous year[25] - The net increase in cash and cash equivalents for the period was CNY 1,184,858,656.95, compared to CNY 324,078,144.22 in the same period last year[25] Assets and Liabilities - Total assets as of September 30, 2023, amounted to CNY 7,918,584,226.65, marking a 14.92% increase from the end of the previous year[4] - Total liabilities increased to RMB 3,338,483,131.13 from RMB 2,572,658,608.98, reflecting an increase of approximately 29.7%[18] - The company's total equity attributable to shareholders increased to CNY 4,580,101,095.52, a rise of 6.07% from the previous year-end[4] - The company's total equity rose to RMB 4,580,101,095.52, compared to RMB 4,318,047,327.47 at the beginning of the year, marking an increase of about 6.1%[18] Investments and Capital Expenditures - The construction in progress increased by 247.91% to CNY 137,313,301.86, primarily due to investments in new factory projects[10] - The company's investment income turned positive at CNY 5,235,707.08, a significant recovery from a loss of CNY 25,748,462.18 in the previous period, marking a 120.33% increase[10] - The fair value changes resulted in a profit of CNY 67,103,155.25, a 421.62% increase compared to a loss of CNY 20,863,913.16 in the previous period[10] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,015, with no preferred shareholders[13] - The largest shareholder, Guangdong Wanhe Group Investment Development Co., Ltd., holds a 29.66% stake, amounting to 220,545,000 shares[13] - The company plans to repurchase shares with a total fund of no less than RMB 30 million and no more than RMB 60 million, with a maximum repurchase price of RMB 9 per share, potentially repurchasing approximately 6,666,666 shares, accounting for about 0.8965% of the total share capital[14] Inventory and Receivables - Accounts receivable decreased to RMB 504,011,381.92 from RMB 703,911,629.18, a reduction of approximately 28.5%[17] - Inventory decreased to RMB 654,062,929.88 from RMB 919,508,035.91, representing a decline of about 28.9%[17] Financial Expenses - The company's financial expenses decreased by 53.70% to CNY -51,244,231.58, reflecting reduced foreign exchange losses compared to the previous period[10]