Dare Auto(SZ:300473)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,061,912,447.99, representing a 4.99% increase year-over-year[5] - The net profit attributable to shareholders for Q3 2023 was CNY 5,047,205.73, a significant increase of 138.39% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,023,286.85, up 114.13% year-over-year[5] - The basic earnings per share for Q3 2023 was CNY 0.0335, reflecting a 135.71% increase compared to the previous year[5] - The company reported a total revenue of RMB 856,060 million for the third quarter of 2023, reflecting a significant performance in the automotive parts sector[13] - Total operating revenue for the third quarter reached ¥3,225,166,405.06, an increase of 10.5% compared to ¥2,918,686,055.62 in the same period last year[22] - Operating profit for the period was ¥3,736,033.50, a significant recovery from a loss of ¥38,929,881.14 in the previous year[22] - Net profit attributable to shareholders of the parent company was ¥10,952,979.60, compared to a loss of ¥41,412,273.84 in the same period last year[24] - The company reported a total comprehensive income of ¥54,394,723.68, recovering from a loss of ¥32,258,765.27 in the previous year[24] - The basic and diluted earnings per share were both ¥0.0728, recovering from a loss of ¥0.3031 in the previous year[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,169,283,106.96, a decrease of 1.44% from the end of the previous year[5] - As of September 30, 2023, total assets amounted to CNY 4,169,283,106.96, a decrease from CNY 4,230,050,054.85 at the beginning of the year, reflecting a decline of approximately 1.43%[19] - Current assets totaled CNY 2,192,371,149.15, down from CNY 2,248,591,575.33, indicating a decrease of about 2.5%[20] - Total liabilities decreased to CNY 2,192,371,149.15 from CNY 2,248,591,575.33, indicating a decline of approximately 2.5%[20] - The total liabilities decreased to ¥2,623,593,707.96 from ¥2,741,549,367.11 in the previous year[22] - The company's total equity attributable to shareholders increased by 4.07% to CNY 1,534,446,465.48 compared to the end of the previous year[5] - The company's total equity increased to ¥1,545,689,399.00 from ¥1,488,500,687.74 in the previous year[22] Cash Flow - The cash flow from operating activities for the first nine months was CNY 188,897,355.44, an increase of 100.33% year-over-year, mainly due to increased sales collections[10] - The net cash flow from operating activities for Q3 2023 was CNY 188,897,355.44, an increase of 100.5% compared to CNY 94,294,846.69 in Q3 2022[26] - Total cash inflow from operating activities reached CNY 3,258,428,506.70, up from CNY 2,959,252,532.29, reflecting a growth of 10.1% year-over-year[26] - Cash outflow from operating activities was CNY 3,069,531,151.26, compared to CNY 2,864,957,685.60, indicating an increase of 7.1%[26] - The net cash flow from investing activities was -CNY 132,211,329.84, worsening from -CNY 118,458,224.02 in the previous year[26] - Cash inflow from investing activities totaled CNY 7,132,367.84, significantly higher than CNY 214,219.50 in Q3 2022[26] - Cash outflow from investing activities increased to CNY 139,343,697.68 from CNY 118,672,443.52, marking a rise of 17.5%[26] - The net cash flow from financing activities was -CNY 89,989,110.62, a decline from CNY 191,707,624.21 in the same quarter last year[26] - Total cash inflow from financing activities was CNY 465,229,358.95, down from CNY 1,238,541,110.46, reflecting a decrease of 62.5%[26] - The ending cash and cash equivalents balance was CNY 360,505,664.91, compared to CNY 322,702,754.06 at the end of Q3 2022, showing an increase of 11.7%[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 18,523[12] - The number of preferred shareholders and their holdings were not applicable for this report, indicating a focus on common stock performance[14] - The company has a total of 5,496,896 restricted shares that were released during the reporting period, with no new restricted shares added[14] - The company plans to lift restrictions on shares held by major shareholders on February 20, 2023, which may impact stock liquidity[14] - The report indicates that the company is actively managing its shareholder structure, with a focus on institutional investors[16] Strategic Outlook - The company has not disclosed any new product launches or technological advancements in this quarter, suggesting a potential area for future growth[16] - There are no indications of market expansion or mergers and acquisitions in the current report, highlighting a stable operational strategy[16] - The company is maintaining its current strategies without significant changes, which may reflect a cautious approach in the current market environment[16] - The report does not provide specific future guidance or performance outlook, indicating a need for further analysis in upcoming quarters[16] - Overall, the company appears to be in a stable position with a focus on managing existing shareholder relationships and maintaining operational consistency[16]