Financial Performance - The company's operating revenue for the third quarter of 2023 reached RMB 8,794,601,968, representing a year-on-year increase of 16.70%[3] - The net profit attributable to shareholders for the third quarter was RMB 1,289,690,205, showing a decrease of 15.09% compared to the same period last year[3] - The total profit for the third quarter was RMB 157,508,590, a decrease of 17.45% year-on-year, but would have increased by 35.88% if excluding foreign exchange losses[4] - The basic earnings per share for the third quarter was RMB 0.49, down 15.52% year-on-year[3] - Total operating revenue for the first three quarters of 2023 reached CNY 23,825,860,896, a 16.5% increase from CNY 20,440,069,167 in the same period of 2022[19] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was CNY 4,125,932,922, up 5.8% from CNY 3,900,828,613 in the first three quarters of 2022[21] - Total comprehensive income for the first three quarters of 2023 was RMB 4,345,537,867, a decrease of 8.8% compared to RMB 4,763,276,804 in the same period of 2022[24] - Operating profit for the first three quarters of 2023 was CNY 3,792,992,126, a decrease of 13.9% compared to CNY 4,407,449,209 in 2022[38] - Total profit for the first three quarters of 2023 was CNY 3,792,702,574, down from CNY 4,405,745,156 in the same period of 2022, reflecting a decline of 13.9%[38] - Net profit from continuing operations for the first three quarters of 2023 was CNY 3,690,318,808, a decrease of 14.3% from CNY 4,308,061,423 in 2022[38] Assets and Liabilities - As of September 30, 2023, total assets amounted to RMB 56,529,729,173, reflecting an increase of 11.35% from the end of the previous year[4] - The total liabilities decreased to RMB 16,834,222,827 from RMB 17,360,373,707, indicating a reduction of approximately 3%[15] - The company's short-term borrowings increased to RMB 7,850,771,465 from RMB 6,076,527,372, representing a rise of about 29.2% year-over-year[15] - Total liabilities increased to CNY 26,458,072,593 as of September 30, 2023, compared to CNY 21,779,200,663 at the end of 2022, reflecting a 21.5% rise[17] - Non-current liabilities totaled CNY 9,623,849,766 as of September 30, 2023, significantly up from CNY 4,418,826,956 at the end of 2022, marking a 118.5% increase[16] - Total liabilities increased to CNY 25,588,629,367 from CNY 21,918,915,363, reflecting a growth of approximately 16.2%[35] - Total non-current liabilities surged to CNY 7,468,151,946 from CNY 2,695,241,548, indicating a significant increase of about 176.5%[35] Cash Flow - The company reported a cash flow from operating activities of RMB 5,449,425,317 for the year-to-date, an increase of 27.26% compared to the previous year[3] - Cash inflow from operating activities for the first three quarters of 2023 was RMB 24,290,670,998, up 13.0% from RMB 21,479,421,988 in the same period of 2022[27] - Cash outflow from operating activities totaled RMB 18,841,245,681, resulting in a net cash flow from operating activities of RMB 5,449,425,317, an increase of 27.3% compared to RMB 4,282,060,578 in 2022[28] - Cash inflow from investing activities was RMB 6,013,369,144, significantly higher than RMB 180,166,935 in the same period of 2022[29] - Cash outflow from investing activities reached RMB 9,660,338,411, leading to a net cash flow from investing activities of -RMB 3,646,969,267, worsening from -RMB 2,085,700,945 in 2022[29] - Cash inflow from financing activities was RMB 14,783,214,299, an increase from RMB 13,163,452,792 in the same period of 2022[30] - Cash outflow from financing activities totaled RMB 14,941,120,019, resulting in a net cash flow from financing activities of -RMB 157,905,720, compared to -RMB 14,032,479 in 2022[30] - The net increase in cash and cash equivalents for the first three quarters of 2023 was RMB 1,993,662,754, down from RMB 3,252,814,618 in the same period of 2022[30] - The ending balance of cash and cash equivalents as of September 30, 2023, was RMB 14,231,524,309, a decrease from RMB 17,578,136,778 at the end of the same period in 2022[30] Shareholder Information - The total number of shareholders as of September 30, 2023, was 145,468, including 145,424 A-share shareholders and 44 H-share shareholders[7] - The total equity attributable to shareholders increased to RMB 39,695,506,346 from RMB 33,407,125,084, reflecting a growth of approximately 18.8%[12] - Total equity attributable to shareholders of the parent company was CNY 30,084,836,894 as of December 31, 2022, compared to CNY 29,003,009,659 as of September 30, 2023, reflecting a decrease of 3.6%[17] Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 988,297,663, compared to CNY 890,754,187 in the same period of 2022, indicating an increase of 11%[20] - Research and development expenses increased significantly to CNY 127,574,036 from CNY 77,439,617, marking a rise of approximately 64.5%[37] Foreign Exchange Impact - The company experienced a foreign exchange loss of RMB 26,420,830 in the third quarter, which significantly impacted its profit figures[4]
福耀玻璃(03606) - 2023 Q3 - 季度业绩