TNP(SZ:300569)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,288,607,768.09, a decrease of 7.44% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 reached ¥81,549,718.20, representing a significant increase of 99.51% year-on-year[5]. - The basic earnings per share for Q3 2023 was ¥0.0926, an increase of 82.28% compared to the same period last year[5]. - The company's net profit after deducting non-recurring gains and losses for Q3 2023 was ¥34,200,000, marking a 114.16% increase year-on-year[5]. - The weighted average return on equity for Q3 2023 was 1.79%, up from 1.04% in the same period last year[5]. - The company achieved operating revenue of approximately RMB 2,627.40 million, a year-on-year increase of 0.67%[18]. - The net profit attributable to shareholders was approximately RMB 204.85 million, representing a year-on-year growth of 28.58%[18]. - Operating profit for the current period was ¥235,452,721.05, compared to ¥189,971,094.62 in the previous period, representing an increase of approximately 24%[24]. - Net profit for the current period was ¥207,298,380.80, up from ¥163,657,870.44 in the previous period, marking a growth of around 26.6%[24]. - The total comprehensive income for Q3 2023 was ¥206,698,051.51, compared to ¥163,657,870.44 in the same period last year, indicating an increase of about 26.3%[26]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥12,885,735,917.88, reflecting a growth of 15.41% from the end of the previous year[5]. - Total current assets amounted to ¥7,075,108,421.56, an increase of approximately 29.4% from ¥5,467,526,744.76 at the beginning of the year[22]. - The company's equity attributable to shareholders rose to ¥5,625,858,353.91 from ¥4,001,957,289.91, reflecting an increase of approximately 40.6%[22]. - Total liabilities increased to ¥7,216,844,022.32 from ¥7,123,086,472.94, showing a growth of about 1.3%[22]. - Cash and cash equivalents at the end of Q3 2023 stood at ¥916,813,051.66, down from ¥591,345,164.30 at the end of Q3 2022[28]. Cash Flow - The company reported cash flow from operating activities of ¥430,371,800 for the year-to-date, a decrease of 15.55% compared to the previous year[5]. - The net cash flow from operating activities for Q3 2023 was -¥430,371,815.52, an improvement from -¥509,626,632.43 in Q3 2022[28]. - The company reported cash inflows from financing activities of ¥2,760,816,160.58 in Q3 2023, slightly up from ¥2,746,417,522.63 in the same period last year[28]. - The total cash outflow from investing activities for Q3 2023 was -¥303,625,944.75, an improvement from -¥532,470,873.46 in Q3 2022[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,265[13]. - The largest shareholder, Zhuhai Port Holdings Group Co., Ltd., holds 22.62% of the shares, totaling 231,316,952 shares[13]. - The top ten unrestricted shareholders include Zhuhai Port Holdings Group Co., Ltd. with 231,316,952 shares[14]. - The total number of restricted shares at the end of the period was approximately 301,916,610 shares[16]. - The company plans to release a total of 143,669,989 shares from lock-up on January 10, 2024[17]. - The company has a significant increase in the number of shares held by UBS AG, which increased by 14,366,998 shares during the period[16]. - The company reported a total of 227,308,769 restricted shares at the beginning of the period, with 138,794,790 shares released during the reporting period[16]. Inventory and Expenses - Accounts receivable financing increased by 130.56% to ¥179,838,040.87 due to an increase in bank acceptance bills[10]. - Prepayments rose by 98.17% to ¥265,592,129.94 primarily due to increased raw material procurement[10]. - Inventory increased by 82.27% to ¥1,597,170,891.91 as most wind turbine tower sections remained in production and were not yet shipped[10]. - Sales expenses increased by 35.88% to ¥13,935,388.48 due to higher marketing costs during the reporting period[11]. - R&D expenses decreased by 51.37% to ¥37,489,859.91 as investment in research and development was reduced[11]. - Research and development expenses decreased to ¥37,489,859.91 from ¥77,088,841.78, indicating a reduction of about 51.5%[24]. Accounting Policies - The company has made adjustments to its accounting policies due to changes in accounting standards effective from January 1, 2023[6]. - The company has implemented a new accounting policy effective from January 1, 2023, which includes changes related to deferred tax assets and liabilities[29]. - The deferred tax assets increased to ¥59,000,528.65 after the accounting policy adjustment, up from ¥58,466,764.25 before the change[30]. - The company has not conducted an audit for the Q3 2023 report[31].