Financial Performance - The company's operating revenue for Q3 2023 reached ¥209,045,194.23, representing a year-on-year increase of 27.74%[5] - Net profit attributable to shareholders for Q3 2023 was ¥18,378,143.93, up 27.02% compared to the same period last year[5] - The basic earnings per share for Q3 2023 was ¥0.2243, reflecting a growth of 14.32% year-on-year[5] - Total operating revenue for the third quarter of 2023 reached ¥601,468,067.41, an increase of 21.05% compared to ¥496,751,103.90 in the same period last year[21] - The net profit for the third quarter of 2023 was CNY 54,545,041.79, an increase of 27.7% compared to CNY 42,714,099.69 in the same period last year[23] - The total comprehensive income attributable to the parent company was CNY 54,493,162.41, compared to CNY 42,543,173.30 in the same period last year, marking an increase of 28.5%[24] - The company recorded a total profit of CNY 61,482,013.77 for the quarter, an increase from CNY 48,287,372.13 in the previous year, reflecting a growth of 27.4%[23] Assets and Equity - Total assets as of September 30, 2023, amounted to ¥1,270,389,247.44, a significant increase of 122.56% from the end of the previous year[5] - The company's equity attributable to shareholders increased by 182.47% year-on-year, reaching ¥1,099,037,023.42[5] - The total assets of the company as of September 30, 2023, were ¥1,270,389,247.44, significantly higher than ¥570,816,028.47 at the beginning of the year[19] - The total current assets increased to ¥1,149,400,422.68, a rise of 159.56% from ¥444,216,279.13[18] - The equity attributable to shareholders rose to ¥1,099,037,023.42, up from ¥389,077,890.93, marking an increase of 182.36%[20] Cash Flow - Cash flow from operating activities for the year-to-date period decreased by 51.05%, totaling ¥24,894,152.57[5] - Cash flow from operating activities decreased by 51.05% to ¥24,894,152.57, mainly due to increased payments for goods and salaries[11] - The cash flow from operating activities generated a net amount of CNY 24,894,152.57, down from CNY 50,856,584.43 in the same quarter last year, indicating a decline of 51.1%[24] - Cash flow from investing activities decreased by 96.16% to -¥6,343,939.06, primarily due to a reduction in bank deposit structured financial products[11] - The company experienced a net cash outflow from investing activities of CNY 6,343,939.06, an improvement from a net outflow of CNY 165,076,098.49 in the previous year[25] - Cash flow from financing activities increased by 3257.40% to ¥661,131,060.94, mainly due to stock issuance attracting investments[11] - The cash flow from financing activities generated a net inflow of CNY 661,131,060.94, compared to a net outflow of CNY 20,939,096.06 in the same period last year[25] Expenses - The company reported a 46.10% increase in selling expenses, totaling ¥15,443,981.50, primarily due to overseas business expansion[10] - Management expenses rose by 34.17% to ¥17,080,447.14, attributed to an increase in management personnel and related marketing expenses[10] - R&D expenses increased by 55.05% to ¥16,186,648.12 due to increased investment in R&D projects and personnel[11] - The company reported a significant decrease in other income by 62.28% to ¥947,905.71, mainly due to reduced government subsidies recognized in the current period[11] - The company recorded a 90.62% decrease in non-operating income to ¥22,276.37, primarily due to a reduction in non-recurring gains[11] - Financial expenses decreased by 35.67% to -¥6,126,943.70 primarily due to reduced exchange gains[11] - The company reported a net financial expense of -¥6,126,943.70, an improvement compared to -¥9,524,764.74 in the previous year[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,138[12] - The top two shareholders, Xia Feng and Yan Hua, hold 35.28% and 33.89% of shares respectively[12] Liquidity - Cash and cash equivalents increased by 600.28% to ¥680,623,269.48, primarily from stock issuance[11] - Cash and cash equivalents surged to ¥931,613,151.96, compared to ¥250,882,282.49 at the start of the year, indicating a growth of 270.73%[18] - The company reported a cash and cash equivalents balance of CNY 928,023,251.96 at the end of the quarter, significantly up from CNY 31,980,444.79 at the end of the previous year[25] - The company’s inventory stood at ¥74,109,443.47, slightly up from ¥73,943,045.89, indicating a marginal increase of 0.22%[18]
威马农机(301533) - 2023 Q3 - 季度财报