Huada(603358)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,268,118,957.29, a decrease of 7.73% compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2023 was ¥101,957,870.75, down 4.38% year-over-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥46,665,846.77, a decline of 32.05% compared to the previous year[7]. - The basic earnings per share for Q3 2023 was ¥0.24, unchanged from the previous quarter[11]. - Net profit for the third quarter of 2023 was ¥299,587,369.32, up from ¥252,326,389.95 in the same quarter of 2022, reflecting a growth of approximately 18.7%[32]. - Operating profit for the third quarter of 2023 was ¥362,974,254.83, compared to ¥285,895,280.59 in the same quarter of 2022, showing an increase of around 27%[32]. - The net profit attributable to the parent company for the first three quarters of 2023 was ¥262,042,819.66, an increase from ¥243,008,154.02 in the same period of 2022, representing a growth of approximately 7.5%[36]. - The net profit attributable to minority shareholders increased significantly to ¥37,544,549.66 from ¥9,318,235.93, marking a growth of approximately 302%[36]. - The total comprehensive income for the first three quarters of 2023 was ¥299,587,369.32, compared to ¥252,326,389.95 in the same period of 2022, reflecting an increase of about 18.7%[36]. Cash Flow and Assets - The net cash flow from operating activities was ¥20,711,492.16, a significant decrease of 87.31% year-over-year[11]. - The company's cash and cash equivalents as of September 30, 2023, amount to 1,232,148,129.46 RMB, an increase from 1,167,448,250.65 RMB at the end of 2022[24]. - The total current assets as of September 30, 2023, are 3,849,845,051.38 RMB, down from 4,032,625,982.87 RMB at the end of 2022[24]. - Cash inflows from operating activities for the first three quarters of 2023 totaled ¥3,273,083,191.78, a decrease from ¥3,378,282,442.93 in the same period of 2022, representing a decline of about 3.1%[37]. - The net cash flow from operating activities for the first three quarters of 2023 was ¥205,339,537.49, compared to ¥195,335,434.48 in the same period of 2022, showing an increase of approximately 5.2%[37]. - The cash and cash equivalents at the end of Q3 2023 stood at ¥964,364,050.45, up from ¥795,514,695.33 at the end of Q3 2022, marking a growth of approximately 21.2%[53]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥6,343,585,328.53, a decrease of 0.81% from the end of the previous year[11]. - Total liabilities decreased to ¥2,668,878,666.96 from ¥2,888,302,979.79, indicating a reduction of approximately 7.6%[28]. - The total assets as of the reporting date were ¥6,343,585,328.53, slightly down from ¥6,395,114,860.15 at the end of the previous period[28]. - The total liabilities decreased to CNY 1,389,200,338.09 from CNY 1,583,530,213.73 in the previous year[43]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 10,803[17]. - The largest shareholder, Chen Jinghong, holds 179,424,656 shares, accounting for 40.87% of the total shares[17]. - The equity attributable to shareholders increased to ¥3,291,871,966.18, reflecting a growth of 4.12% year-over-year[11]. - The equity attributable to shareholders of the parent company increased to ¥3,291,871,966.18 from ¥3,161,521,734.63, reflecting a growth of about 4.1%[28]. Research and Development - Research and development expenses for the first three quarters of 2023 totaled ¥112,838,710.45, compared to ¥103,545,647.05 in the same period of 2022, marking an increase of about 9.4%[32]. - Research and development expenses for the first three quarters of 2023 were CNY 79,959,655.13, a slight decrease from CNY 82,238,708.90 in the same period last year[47]. Future Outlook and Strategy - The company has not disclosed any significant new product or technology developments in this report[20]. - There are no updates on market expansion or mergers and acquisitions mentioned in the report[20]. - The report does not provide any future outlook or performance guidance for the upcoming quarters[20]. - The company plans to continue focusing on market expansion and new product development to drive future growth[29].