SNIBE(SZ:300832)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥1,042,919,865.85, representing an increase of 18.55% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥436,705,461.37, up 23.02% year-on-year, while the net profit excluding non-recurring items was ¥415,216,065.92, an increase of 25.88%[4] - In the first three quarters of 2023, the company achieved operating revenue of CNY 2,908.10 million, a year-on-year increase of 26.62%[14] - The total profit for the same period was CNY 1,365.61 million, reflecting a year-on-year growth of 28.85%[14] - The net profit attributable to shareholders was CNY 1,186.70 million, up 28.35% compared to the previous year[14] - Net profit for Q3 2023 reached CNY 1,186,704,020.83, representing a 28.3% increase from CNY 924,571,027.71 in Q3 2022[18] - Total comprehensive income for Q3 2023 was CNY 1,248,308,230.92, up 33.1% from CNY 937,837,221.90 in the same quarter last year[19] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥7,719,881,385.19, reflecting a growth of 10.06% from the end of the previous year[4] - Total assets as of September 30, 2023, were CNY 7,719,881,385.19, compared to CNY 7,014,554,339.23 at the start of the year, marking an increase of 10.0%[16] - Total liabilities amounted to CNY 619,536,742.49, slightly up from CNY 615,059,771.67, showing a marginal increase of 0.4%[17] - The company's equity attributable to shareholders reached CNY 7,100,344,642.70, an increase of 10.9% from CNY 6,399,494,567.56 at the beginning of the year[17] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥927,065,681.24, marking a significant increase of 38.88%[4] - The net cash flow from operating activities for the current period was CNY 927.07 million, a 38.88% increase from the previous period[9] - Cash flow from operating activities for Q3 2023 was CNY 927,065,681.24, an increase of 38.8% compared to CNY 667,546,747.73 in Q3 2022[21] - The net cash flow from investing activities was -CNY 35.34 million, a decrease of 112.63% compared to the previous period[9] - The company reported a net cash outflow from investment activities of CNY -35,337,954.72, compared to a net inflow of CNY 279,832,591.36 in Q3 2022[21] - The net cash flow from financing activities was -566,783,455.13, compared to -500,718,900.07 in the previous period, indicating a decline of approximately 13.2%[22] Market and Sales - Domestic market revenue from core business increased by 24.15%, while overseas market revenue grew by 31.66%[14] - Revenue from reagents increased by 28.48%, and revenue from instrument products rose by 21.88%[14] - The company sold and installed 646 units of the MAGLUMI X8 fully automated chemiluminescence instrument in the first three quarters of 2023[14] - Sales revenue from goods and services received in cash was CNY 2,731,286,673.99, an increase of 32.9% from CNY 2,051,076,079.35 in the same period last year[20] Expenses - Sales expenses for Q3 2023 were ¥483,833,978.84, a rise of 45.30% year-on-year, mainly due to increased exhibition and travel expenses[8] - Total operating costs for Q3 2023 were CNY 1,631,541,704.56, an increase of 25.7% compared to CNY 1,297,448,120.97 in the same period last year[18] - Research and development expenses amounted to CNY 271,264,732.85, up 21.4% from CNY 223,451,384.74 in the previous year[18] Investments and Development - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[4] - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[17] - The company reported a significant increase in long-term investments, with long-term receivables rising to CNY 161,341,806.67, up from CNY 93,845,509.12, a growth of 71.9%[16] Shareholder Information - The top shareholder, Tibet New Industry Investment Management Co., Ltd., holds 26.88% of the shares, with a total of 211,177,400 shares[11] Other Financial Metrics - The weighted average return on equity increased to 17.38%, up 1.81 percentage points compared to the same period last year[4] - Basic earnings per share for Q3 2023 were CNY 1.5108, compared to CNY 1.1764 in Q3 2022, reflecting a growth of 28.4%[19] - The company received tax refunds totaling CNY 62,544,185.69, compared to CNY 137,107,022.55 in the previous year, indicating a decrease of 54.4%[21] - The impact of exchange rate fluctuations on cash and cash equivalents was CNY 3.77 million, contrasting with a negative impact of CNY 29.01 million in the previous period[9] - The impact of exchange rate changes on cash and cash equivalents was 3,765,413.79, a significant improvement from -29,009,303.71 in the previous period[22]