Financial Performance - The company's operating revenue for Q3 2023 was ¥1,885,478,678, representing a 0.56% increase compared to ¥1,874,936,330 in the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥25,080,879, a decrease of 38.20% from ¥40,583,602 in Q3 2022[13]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was ¥21,732,590, down 41.97% from ¥37,450,200 in the same period last year[13]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.06, a decrease of 40.00% compared to ¥0.10 in Q3 2022[13]. - Total operating revenue for Q3 2023 reached ¥5,760,993,012.21, an increase of 17.7% compared to ¥4,892,910,626.34 in Q3 2022[26]. - Operating profit for the period was ¥157,402,180.41, slightly up from ¥154,276,769.17 in the previous year, reflecting a growth of 1.4%[27]. - Net profit attributable to shareholders of the parent company was ¥91,009,108.34, down 3.7% from ¥94,361,393.75 in the same period last year[27]. - The total comprehensive income for the period was ¥101,181,246.76, compared to ¥112,186,712.91 in Q3 2022, representing a decline of 9.8%[27]. Assets and Liabilities - The total assets as of September 30, 2023, were ¥7,459,775,762.87, reflecting a 1.88% increase from the beginning of the year[11]. - As of September 30, 2023, total assets amounted to RMB 7.460 billion, an increase from RMB 7.322 billion at the beginning of the year, reflecting a growth of approximately 1.89%[24]. - Current liabilities decreased to RMB 4.710 billion from RMB 5.564 billion, a decline of about 15.38%[24]. - The company’s total liabilities and equity reached ¥7,459,775,762.87, reflecting a year-over-year increase of 1.9%[27]. Shareholder Information - Shareholders' equity attributable to the parent company increased by 64.24% to ¥2,388,701,197.69 from ¥1,454,389,246.50 at the beginning of the year due to IPO capital premium[11]. - The total share capital at the end of the reporting period is 12.90% held by the top ten shareholders[17]. - The largest shareholder, Dongfang Keyi Holdings, holds 30.13% of shares, totaling 141,776,229 shares[16]. - The second largest shareholder, Ruitai Equity Investment, holds 13.52% of shares, totaling 63,647,394 shares[16]. - The company has a total of 141,776,229 shares under lock-up until July 12, 2026[19]. - Ruitai Equity Investment has 63,647,394 shares under lock-up until July 12, 2024[19]. - The company has 18,208,473 shares under lock-up for Taikang Life Insurance until July 12, 2024[19]. - The company plans to release 1,930,645 shares for trading on July 12, 2024[19]. - The top ten shareholders did not participate in margin trading[17]. - The company has a total of 12,138,983 shares held by Tibet Yongliu Capital Management, representing 2.58%[17]. Cash Flow - Cash flow from operating activities for the first nine months of 2023 was ¥384,016,797.50, a decrease of 31.17% from ¥557,953,821.08 in the same period last year[14]. - The company reported a net cash flow from operating activities of ¥384,016,797.50, a decrease of 31.1% compared to ¥557,953,821.08 in Q3 2022[28]. - The net cash flow from investment activities was -67,096,254.13 CNY, compared to -164,514,538.35 CNY in the previous period, indicating a significant reduction in cash outflow[29]. - The total cash inflow from financing activities was 2,069,800,515.69 CNY, slightly down from 2,114,836,058.33 CNY in the previous period[29]. - The net cash flow from financing activities was -269,137,550.31 CNY, compared to -198,964,765.16 CNY in the previous period, reflecting increased cash outflows[29]. - The ending balance of cash and cash equivalents was 586,058,403.98 CNY, up from 483,950,514.45 CNY in the previous period[29]. - The company reported a net increase in cash and cash equivalents of 47,782,993.06 CNY during the period[29]. Accounting and Policy Changes - The company has undergone an accounting policy change effective January 1, 2023, impacting the recognition of deferred tax assets and liabilities[6]. - Deferred tax assets increased from 42,708,073.45 CNY to 56,313,409.10 CNY after adjustments[31]. - The company’s minority shareholders' equity decreased to 102,642,031.30 CNY after adjustments[31]. - The income tax expense for the first nine months of 2022 was adjusted to 41,366,251.72 CNY, reflecting a decrease of 1,347,291.29 CNY[32]. Other Financial Metrics - Research and development expenses were ¥8,651,479.31, slightly down from ¥8,797,370.17 in the previous year, showing a decrease of 1.6%[26]. - The company's equity increased to RMB 470.6 million from RMB 400 million, reflecting a growth of 17.65%[24]. - The company has raised excess funds of RMB 227.504 million from the issuance, indicating strong market interest[21]. - The company approved the public issuance of 70.6 million shares at a price of RMB 13.39 per share, raising a total of RMB 945.334 million, with a net amount of RMB 843.209 million after deducting issuance costs[21]. - The company has a total of 400 million shares outstanding, with 4.35 million shares subject to post-IPO lock-up[21].
国科恒泰(301370) - 2023 Q3 - 季度财报