科沃斯Q3净利润暴增72倍，经营性现金流同增1780.60%｜财报见闻

Core Insights - The company reported a remarkable Q3 financial performance, with net profit soaring by 7160.87% year-on-year, primarily driven by its home service robot business [1][2] - Revenue and gross margin increased during the reporting period, while the expense ratio decreased, contributing to improved profitability [1][2] Financial Performance - Q3 revenue reached 4.20 billion, a year-on-year increase of 29.26%, while net profit was 438.47 million, reflecting a staggering growth of 7160.87% [5] - For the first three quarters, total revenue was 12.88 billion, up 25.93% year-on-year, and net profit amounted to 1.42 billion, representing a 130.55% increase [5] - The company's net profit excluding non-recurring items was 1.28 billion, showing a growth of 141.99% [5] Cash Flow and Receivables - Operating cash flow for the first three quarters reached 1.96 billion, a significant increase of 1780.60% compared to the previous year [2][5] - Cash received from sales amounted to 14.46 billion, up 29.46% year-on-year, indicating effective channel management and accounts receivable control [2] - Accounts receivable decreased from 2.92 billion at the beginning of the year to 2.18 billion, a reduction of 25.43%, highlighting improved collection capabilities [2] Marketing and Expenses - Sales expenses for the first three quarters totaled 3.91 billion, a year-on-year increase of 32.1%, with the proportion of sales expenses to revenue rising from 29.0% to 30.4% [3]