HCNC(SZ:300161)2023-10-27 16:00Revenue and Profit - Revenue for Q3 2023 reached ¥409,743,986.80, an increase of 18.73% year-over-year, while year-to-date revenue increased by 33.31% to ¥1,295,836,709.06[9] - Net profit attributable to shareholders for Q3 2023 was ¥1,491,222.64, a significant increase of 129.15% compared to the same period last year, although year-to-date net profit remains negative at -¥33,619,145.26, a decrease of 37.62%[9] - Total operating revenue for the period reached CNY 1,295,836,709.06, an increase of 33.4% compared to CNY 972,013,690.84 in the previous period[54] - Net profit for the period was CNY -44,283,606.57, compared to CNY -79,593,420.70 in the previous period, showing an improvement[58] - The company reported a total comprehensive loss of CNY -44,283,606.57, compared to CNY -79,593,420.70 in the prior period[58] - Basic earnings per share were CNY -0.1692, an improvement from CNY -0.2712 in the previous period[60] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period increased by 114.74% to ¥51,120,667.49[9] - Operating cash flow for the period reached ¥51,120,667.49, a significant improvement from a negative cash flow of ¥346,892,542.88 in the previous period[61] - Total cash inflow from operating activities was ¥1,565,357,310.23, compared to ¥921,153,088.66 in the prior period, indicating a year-over-year increase of approximately 70%[61] - Cash outflow for operating activities totaled ¥1,514,236,642.74, up from ¥1,268,045,631.54, reflecting a 19% increase[61] - Cash received from the sale of goods and services was ¥1,235,654,758.86, compared to ¥798,649,778.22 in the prior period, indicating a 55% increase[61] - Cash received from tax refunds was ¥22,334,618.51, significantly higher than ¥7,319,174.54 in the previous period, reflecting a 205% increase[61] - The ending balance of cash and cash equivalents was ¥555,286,029.95, up from ¥483,052,209.14 in the previous period[64] Assets and Liabilities - Total assets as of the end of Q3 2023 amounted to ¥4,222,762,279.08, reflecting a 13.06% increase from the end of the previous year[9] - The company’s fixed assets increased to RMB 339,126,023.06 from RMB 290,122,528.38, showing a growth of about 16.9%[49] - The company reported a total current asset of RMB 2,933,625,980.90, up from RMB 2,730,643,925.28, which is an increase of approximately 7.4%[49] - Total liabilities rose to CNY 2,414,635,666.59, compared to CNY 1,878,637,838.41 in the previous period, reflecting a growth of 28.5%[54] - The total current liabilities were reported at RMB 1,573,944,220.61, reflecting an increase from the previous period[49] - The company experienced a decrease in minority interests, which fell to CNY 198,458,265.95 from CNY 210,136,927.80, a decline of 5.6%[54] Investments and Expenditures - The company reported a 236.66% increase in construction in progress, attributed to increased project investments during the period[18] - Research and development expenditures increased by 59.98%, indicating a focus on capitalized R&D projects[19] - Research and development expenses increased to CNY 250,287,701.66, up 24.5% from CNY 200,860,461.68 year-over-year[54] - Investment income for the year-to-date period rose by 57.62%, driven by the transfer of equity in joint ventures[30] - Investment activities generated a net cash outflow of ¥340,645,052.07, worsening from a net outflow of ¥200,714,425.98 in the previous period[64] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,090, with the largest shareholder holding 27.83% of the shares[37] - The controlling shareholder, Zhaor Intelligent Manufacturing Group Co., Ltd., pledged a total of 10.39 million shares, accounting for 5.23% of the company's total equity[44] - Total equity attributable to shareholders of the parent company decreased to CNY 1,609,668,346.54 from CNY 1,646,169,064.02, a decline of 2.2%[54]