Revenue and Profitability - Revenue for Q3 2023 reached ¥307,411,118.37, an increase of 68.40% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥20,137,309.29, up 149.65% year-on-year, while net profit for the year-to-date decreased by 53.63% to ¥27,297,419.70[5][10]. - The net profit excluding non-recurring gains and losses was ¥16,033,279.28, a significant increase of 230.39% year-on-year, but down 63.79% year-to-date[5][10]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.13, reflecting a 160.00% increase year-on-year, but a decrease of 52.63% year-to-date[5][10]. - The net profit for Q3 2023 was CNY 36,227,984.83, a decrease of 42.6% compared to CNY 62,850,156.27 in Q3 2022[20]. - Operating profit for Q3 2023 was CNY 46,338,609.48, down 43.8% from CNY 82,661,672.21 in the same period last year[20]. - The company reported a total comprehensive income of CNY 36,275,864.84, a decrease of 42.0% from CNY 62,807,891.80 in Q3 2022[21]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.18, down from CNY 0.38 in the same quarter last year[21]. Assets and Liabilities - Total assets as of September 30, 2023, amounted to ¥6,472,800,113.83, representing a 4.94% increase from the end of the previous year[5]. - The equity attributable to shareholders increased by 2.12% to ¥1,318,280,035.91 compared to the end of the previous year[5]. - Total liabilities increased significantly, with other payables rising by 58.38% to ¥340,368,843.76 due to increased customer deposits[11]. - Total liabilities increased to RMB 5,051,014,955.20 from RMB 4,825,446,637.34, marking a rise of 4.7%[17]. - The company's non-current liabilities decreased slightly to RMB 3,812,095,768.64 from RMB 3,844,360,701.04, a decrease of 0.8%[17]. Cash Flow and Financial Activities - Cash flow from operating activities for the year-to-date was ¥483,811,046.45, an increase of 79.88%[5][6]. - Net cash flow from operating activities increased by 79.88% to ¥483,811,046.45, driven by revenue growth and increased customer prepayments[11]. - Investment activities generated a net cash flow of -¥402,515,416.68, a 34.32% improvement from the previous year due to reduced spending on financial products[11]. - The company incurred financial expenses of CNY 105,334,286.55, an increase of 52.0% compared to CNY 69,338,147.66 in Q3 2022[20]. - Investment activities resulted in a net cash outflow of CNY 402,515,416.68, an improvement from a net outflow of CNY 612,829,401.81 in the previous year[23]. Operational Performance - The increase in revenue was attributed to new projects entering the operational phase and contributions from acquisitions made in July 2022 and May 2023[5][10]. - Operating costs rose by 80.53% to ¥567,261,988.85, attributed to new projects entering the operational phase[11]. - Total operating revenue for Q3 2023 reached RMB 830,598,769.32, an increase of 41.1% compared to RMB 588,633,910.93 in the same period last year[19]. - Total operating costs for Q3 2023 were RMB 837,637,074.59, up 63.1% from RMB 513,037,185.79 in Q3 2022[19]. Government Support and Other Factors - Government subsidies recognized in Q3 2023 amounted to ¥3,272,691.41, contributing to the overall financial performance[9]. - The company is currently in a growth phase with new projects, which are still in the ramp-up period, affecting profitability metrics[6][10].
德必集团(300947) - 2023 Q3 - 季度财报