东方精工(002611) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 reached ¥1,243,655,954.95, representing a 38.92% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥65,710,031.94, a significant increase of 172.46% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥83,299,830.01, up 63.24% from the previous year[4] - The company reported a basic earnings per share of ¥0.06 for Q3 2023, which is a 200.00% increase compared to the same period last year[4] - Total operating revenue for Q3 2023 reached CNY 3,326,262,408.67, a significant increase of 37.0% compared to CNY 2,430,877,101.51 in the same period last year[19] - Net profit for Q3 2023 was CNY 306,810,759.35, representing a 59.5% increase from CNY 192,315,101.38 in Q3 2022[21] - Earnings per share (EPS) for Q3 2023 was CNY 0.23, compared to CNY 0.14 in the same quarter last year, reflecting a growth of 64.3%[21] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥7,428,547,150.02, reflecting a 7.22% increase from the end of the previous year[4] - The company's total cash and cash equivalents increased to ¥1,773,354,807.40 as of September 30, 2023, up from ¥1,274,447,199.74 at the beginning of the year, representing a growth of 39.1%[15] - Total current assets reached ¥4,927,143,739.18, an increase from ¥4,692,606,745.57 at the start of the year, reflecting a growth of 5.0%[16] - The total liabilities as of September 30, 2023, were CNY 2,861,768,484.52, up from CNY 2,662,581,852.15 at the beginning of the year[20] - The total equity attributable to shareholders of the parent company increased to CNY 4,332,240,405.95 from CNY 4,063,966,310.23 at the start of the year, marking a growth of 6.6%[20] Cash Flow - Cash flow from operating activities for the first nine months of 2023 was ¥280,283,974.12, an increase of 66.40% year-on-year[9] - The net cash flow from operating activities for Q3 2023 was ¥280,283,974.12, an increase of 66.4% compared to ¥168,435,727.75 in the same period last year[23] - Total cash inflow from operating activities reached ¥3,491,859,528.69, up from ¥2,912,486,809.63, reflecting a growth of 19.9%[23] - Cash inflow from financing activities amounted to ¥768,755,964.63, compared to ¥980,106,762.32 in the previous year, a decrease of 21.5%[23] - The net cash flow from financing activities was ¥293,884,410.84, a significant recovery from -¥36,322,583.60 in Q3 2022[23] Research and Development - Research and development expenses for the first nine months of 2023 were ¥91,625,113.42, reflecting a 32.34% increase due to increased investment in R&D[8] - Research and development expenses for Q3 2023 were CNY 91,625,113.42, up from CNY 69,233,420.51 in the same period last year, indicating a 32.5% increase[20] Shareholder Information - Total number of common stock shareholders at the end of the reporting period was 42,166[11] - The largest shareholder, Tang Zhuolin, holds 21.82% of shares, totaling 270,737,568 shares, with 105,360,000 shares pledged[11] - The company has a total of 36,424,192 shares held in the repurchase account, accounting for 2.94% of the total share capital[12] Tax and Legal Matters - A tax settlement agreement was reached involving a payment of €633.02 million in back taxes and €33.25 million in penalties, which will impact the company's 2023 financial results[13] Inventory and Investments - Inventory increased to ¥1,324,560,905.19 from ¥1,092,981,884.51, marking a rise of 21.2%[16] - The company’s long-term equity investments increased to ¥123,196,732.16 from ¥95,352,681.52, reflecting a growth of 29.3%[16] - The company reported an investment income of CNY 35,657,924.30, significantly higher than CNY 9,075,220.66 in the previous year[20]