WELL.E(SZ:300190)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 454,394,622.40, representing a 2.13% increase year-on-year, while the revenue for the year-to-date period reached CNY 1,593,135,403.77, up 9.28% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was CNY 4,569,261.44, a decrease of 26.74% year-on-year, and the year-to-date net profit was CNY 21,246,266.63, down 47.33% compared to the previous year[4]. - The basic earnings per share for Q3 2023 was CNY 0.006, down 25.00% year-on-year, while the diluted earnings per share was CNY 0.014, a decrease of 17.65%[4]. - The total operating revenue for the third quarter of 2023 was CNY 1,593,135,403.77, an increase of 9.3% compared to CNY 1,457,791,017.42 in the same period last year[26]. - The total operating costs for the third quarter were CNY 1,644,732,658.45, up from CNY 1,470,385,772.43, reflecting a year-over-year increase of 11.8%[26]. - The net profit for the third quarter was CNY 20,773,114.19, a decrease of 56.7% from CNY 48,068,576.92 in the previous year[28]. - The company reported a basic earnings per share of CNY 0.03, down from CNY 0.05 in the same quarter last year[28]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 9,444,823,401.49, a decrease of 4.65% from the end of the previous year[4]. - The total assets as of the end of the third quarter were CNY 9,444,823,401.49, down from CNY 9,905,726,198.16 at the end of the previous year[25]. - The total liabilities decreased to CNY 5,515,967,494.61 from CNY 5,939,902,616.78, indicating a reduction of 7.1%[25]. - The equity attributable to shareholders of the parent company was CNY 3,790,304,449.05, a decrease from CNY 3,838,942,971.11[25]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 113,366,098.53 for the year-to-date period, marking a significant decline of 422.18%[4]. - The net cash flow from operating activities was -113,366,098.53, a decrease from -21,710,360.84 in the previous period, indicating a decline in operational performance[30]. - Cash inflow from investment activities totaled 460,554,829.08, down from 1,231,650,020.90 in the previous period, reflecting a significant reduction in investment returns[30]. - The net cash flow from financing activities was -246,718,910.77, compared to -26,058,122.53 in the prior period, showing increased financial strain[31]. - Total cash and cash equivalents at the end of the period were 388,852,907.62, down from 670,644,858.19 at the end of the previous period[31]. - The company reported a decrease in cash received from operating activities, totaling 1,665,008,187.45, down from 1,721,795,144.54[30]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,808, with the largest shareholder holding 34.30% of the shares[13]. - The company completed a share buyback of 12,690,615 shares, accounting for 1.62% of the total share capital, with a total transaction amount of approximately RMB 55 million[20]. - The company plans to use its own funds to repurchase shares for employee stock ownership plans, with a buyback amount between RMB 50 million and RMB 100 million[19]. Investments and Income - Investment income for the year-to-date period increased by 31.61% to CNY 32,504,526.86, attributed to the disposal of overseas subsidiaries[9]. - The company recorded an investment income of CNY 32,504,526.86, compared to CNY 24,697,532.14 in the previous year, reflecting a growth of 31.5%[26]. Other Financial Metrics - The company reported a 40.54% decrease in other income year-to-date, totaling CNY 13,411,172.50, primarily due to reduced VAT refunds[9]. - The company experienced a 54.76% decrease in tax refunds received year-to-date, totaling CNY 5,091,103.25[10]. - The cash received from the disposal of subsidiaries and other operating units decreased by 70.01% year-to-date, amounting to CNY 11,456,169.45[12]. - As of September 30, 2023, the company's total current assets amounted to approximately RMB 4.84 billion, a decrease from RMB 5.24 billion at the beginning of the year, reflecting a decline of about 7.5%[22]. - The company's cash and cash equivalents were reported at RMB 545.87 million, down from RMB 922.54 million at the start of the year, indicating a decrease of approximately 41%[23]. - Accounts receivable increased to RMB 1.67 billion from RMB 1.46 billion, representing a growth of about 14.6%[23]. - The company’s inventory increased to RMB 914.04 million from RMB 817.77 million, reflecting a rise of approximately 11.8%[23]. - The company’s long-term equity investments rose slightly to RMB 447.29 million from RMB 438.55 million, showing an increase of about 2%[23]. Convertible Bonds - The remaining convertible bonds amounted to 9,169,800 units, with a total face value of RMB 916.98 million[19]. - The company adjusted the conversion price of its convertible bonds to RMB 7.23 per share effective June 16, 2023[18]. - The company reported a total of 25,873 convertible bonds converted, resulting in the issuance of 34,573 shares of "Weili" stock[19].