Sunrise(SZ:300360)2023-10-24 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥394,013,517.30, representing an increase of 11.96% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥134,859,169.62, up 28.22% year-on-year, while the net profit for the year-to-date period increased by 50.06% to ¥442,298,567.41[5]. - Basic earnings per share for Q3 2023 were ¥0.26, reflecting a growth of 23.81% compared to the previous year[5]. - Total operating revenue for Q3 2023 reached ¥1,248,392,464.24, an increase of 20.3% compared to ¥1,037,092,385.26 in the same period last year[19]. - Net profit for Q3 2023 was ¥443,579,735.64, representing a 48.6% increase from ¥298,473,215.88 in Q3 2022[21]. - The total comprehensive income for the third quarter of 2023 was approximately CNY 443.58 million, compared to CNY 298.18 million in the same period last year, representing a year-over-year increase of 48.7%[22]. - Basic and diluted earnings per share for the third quarter were both CNY 0.87, up from CNY 0.58 in the previous year, reflecting a growth of 50%[22]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥4,137,438,134.79, a 2.47% increase from the end of the previous year[5]. - The company's total assets increased to ¥4,137,438,134.79, compared to ¥4,037,777,359.27 at the end of the previous quarter[18]. - The total liabilities decreased to ¥647,124,235.26 from ¥934,983,172.18 in the previous quarter[18]. - The equity attributable to shareholders of the parent company rose to ¥3,444,316,028.79, up from ¥3,058,077,484.58 year-over-year[18]. Cash Flow - The company reported a significant increase in cash flow from operating activities, totaling ¥281,081,533.70, which is a 51.33% increase year-on-year[9]. - Cash flow from operating activities generated a net amount of CNY 281.08 million, an increase of 51.3% compared to CNY 185.74 million in the same period last year[23]. - Total cash inflow from operating activities was CNY 1,147.52 million, compared to CNY 1,071.15 million in the previous year, indicating a growth of 7.1%[23]. - Cash outflow from operating activities decreased to CNY 866.44 million from CNY 885.42 million, showing a reduction of 2.5%[23]. - The net cash flow from investing activities was negative CNY 170.70 million, an improvement from negative CNY 366.05 million in the same period last year[23]. - Cash and cash equivalents at the end of the period increased to CNY 619.15 million, up from CNY 272.74 million at the end of the previous year, marking a significant increase of 127.5%[23]. - The company received CNY 22.23 million from investment activities, a substantial increase from CNY 2.18 million in the previous year[23]. - The company reported a total cash outflow from financing activities of CNY 101.52 million, compared to CNY 85.90 million in the previous year, reflecting an increase of 18%[23]. Investments and Expenses - Research and development expenses increased to ¥61,846,785.59, compared to ¥50,339,244.09 in the same quarter last year, reflecting a growth of 22.8%[19]. - The company reported a significant increase in investment income, totaling ¥1,032,742.61, compared to ¥38,194,539.05 in the previous year[19]. Shareholder Information - The number of shares held by the top shareholder, Hangzhou Juhua Group Co., Ltd., is 109,986,235, representing 21.62% of total shares[12]. - The company has a total of 88,497,918 shares under lock-up agreements, with 14,050,782 shares newly added this period[14]. - The company plans to lift the lock-up on certain shares on January 1, 2024, which includes 10,086,105 shares held by executive Yang Guang[14]. - The company has not reported any significant changes in the number of preferred shareholders or any new restrictions on share sales[13]. Strategic Outlook - The company plans to expand its market presence and invest in new technologies to drive future growth[21]. - There are no new strategies or major acquisitions reported during this quarter[15].