Ceepower (SZ:300062)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥493,839,301.61, representing a 56.01% increase compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥4,660,068.94, up 10.48% year-on-year[5]. - Year-to-date revenue as of Q3 2023 totaled ¥1,131,416,588.78, reflecting a 29.89% increase from the previous year[12]. - The company's revenue from sales of goods and services reached ¥1,153,695,349.30, representing a 47.23% increase compared to the previous period's ¥783,606,660.47[14]. - Net profit for Q3 2023 was CNY 28,237,469.15, an increase of 7.4% compared to CNY 25,366,708.05 in Q3 2022[27]. - Total revenue from operating activities reached CNY 1,207,021,828.32, up from CNY 899,976,588.07 in the same period last year, representing a growth of 34.2%[30]. - The company reported a total profit of CNY 38,468,361.90, an increase of 35.5% from CNY 28,412,966.88 in the previous year[27]. - The total comprehensive income for Q3 2023 was CNY 28,239,318.66, compared to CNY 26,649,505.47 in Q3 2022, indicating an increase of 5.9%[28]. Cash Flow and Expenses - The operating cash flow net amount for the year-to-date period was -¥29,663,848.41, a significant decrease of 175.84%[5]. - Cash received from tax refunds decreased by 78.86% to ¥3,209,363.73, down from ¥15,181,955.32 in the same period last year[14]. - Cash paid for purchasing goods and accepting services increased by 67.36% to ¥909,206,423.99, compared to ¥543,259,716.92 in the previous period[14]. - The company's cash and cash equivalents decreased from 536,774,562.18 yuan at the beginning of the year to 363,381,043.43 yuan as of September 30, 2023[23]. - Operating cash flow showed a net outflow of CNY 29,663,848.41, compared to a net inflow of CNY 39,112,532.39 in Q3 2022[30]. - The company's investment activities resulted in a net cash outflow of CNY 153,474,651.14, compared to a net outflow of CNY 201,704,614.24 in the previous year[30]. Assets and Liabilities - The company's total assets as of September 30, 2023, were ¥2,548,187,186.79, down 0.84% from the end of the previous year[5]. - Total liabilities decreased from 1,325,421,323.59 yuan at the beginning of the year to 1,281,267,188.90 yuan as of September 30, 2023[25]. - The company's cash and cash equivalents at the end of the period were CNY 229,382,709.80, down from CNY 161,002,975.95 at the end of Q3 2022[30]. - Accounts receivable slightly decreased from 915,672,321.82 yuan to 892,331,910.53 yuan, indicating a reduction of approximately 2.5%[23]. - Inventory decreased from 77,647,157.99 yuan to 70,968,279.94 yuan, a decline of about 8.6%[24]. Research and Development - Research and development expenditures increased by 121.80% year-on-year, amounting to ¥25,038,233.97[12]. - Research and development expenses decreased to CNY 24,517,630.60 from CNY 27,393,282.42, a reduction of 6.4%[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,878[16]. - The largest shareholder, CHEN MANHONG, holds 16.90% of the shares, totaling 94,228,000 shares[17]. - The total number of restricted shares at the beginning of the period was 178,764,720, with 600 shares released during the period[20]. Financing Activities - The company has no new investment or financing activities reported in the current period[14]. - The company plans to issue convertible bonds to raise a total of no more than 400 million yuan for new energy storage projects, R&D center construction, and to supplement working capital[21]. - The company is currently undergoing the registration process with the China Securities Regulatory Commission for the convertible bond issuance[21]. Other Financial Metrics - The company's sales expenses rose by 40.57% to ¥83,273,817.27, driven by market expansion efforts[12]. - The long-term payables increased by 648.38% to ¥95,292,309.52, primarily due to new financing lease borrowings[12]. - The company recorded a significant increase in income tax expenses, which rose by 235.85% to ¥10,230,892.75, attributed to profit growth in some subsidiaries[13]. - Cash repaid for debts decreased by 38.30% to ¥317,238,344.32, down from ¥514,167,782.34 in the previous period[14]. - Operating costs increased to 1,094,352,032.28 yuan from 832,780,984.42 yuan, reflecting a rise of about 31.5%[26]. - Earnings per share remained stable at CNY 0.05 for both basic and diluted earnings[28].