Raycus(300747)2023-10-23 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥791,614,992.61, an increase of 2.34% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥60,137,519.86, reflecting a significant increase of 442.72% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,045,594.98, up 985.96% from the previous year[5]. - The net profit for the third quarter of 2023 was CNY 177,319,882.74, a significant increase from CNY 41,976,209.94 in the same period last year, representing a growth of 322.56%[19]. - Total revenue for the first nine months of 2023 reached CNY 2,411,358,624.57, compared to CNY 2,298,243,026.17 in the previous year, indicating a year-on-year increase of 4.91%[19]. - The company reported a basic earnings per share of ¥0.1071, which is an increase of 443.65% compared to the same period last year[5]. - Basic earnings per share for the third quarter were CNY 0.3067, while diluted earnings per share were CNY 0.3065[36]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,854,153,767.65, representing a growth of 7.03% compared to the end of the previous year[5]. - The company's accounts receivable increased by 39.19% to CNY 907,839,791.75 as of September 30, 2023, primarily due to the expansion of credit sales[27]. - The total assets as of September 30, 2023, showed a notable increase, with deferred tax assets rising by 39.26% to CNY 120,156,279.39, driven by R&D deductions and credit impairment losses[27]. - The company's short-term borrowings increased by 64.90% to CNY 577,567,616.67, attributed to the rise in bank short-term loans[27]. - Total liabilities amounted to CNY 2,579,536,673.18, compared to CNY 2,309,290,914.14, reflecting a growth of approximately 11.68%[43]. - The company's equity attributable to shareholders increased to CNY 3,190,801,003.18 from CNY 3,059,776,472.43, showing a rise of about 4.27%[43]. - Contract liabilities surged to CNY 37,568,400.87 from CNY 11,378,445.78, indicating a significant increase of approximately 230.36%[43]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥201,084,818.54, showing a substantial increase of 714.92%[10]. - Cash flow from operating activities for the third quarter was CNY 2,250,997,095.26, an increase from CNY 1,874,528,646.25 in the previous year[39]. - The net increase in cash and cash equivalents for the third quarter was a decrease of CNY 125,555,612.72, compared to an increase of CNY 45,572,029.15 in the same period last year[39]. - The company reported a foreign exchange impact on cash and cash equivalents of CNY 461,338.33, compared to a negative impact of CNY 92,723.55 in the previous year[39]. - Net cash flow from operating activities was 32,701,128.02 in the prior period[48]. - Cash inflow from investment activities was 236,304,753.75 previously[48]. - Cash inflow from financing activities was 370,000,000.00 previously[48]. Expenses - Research and development expenses rose to CNY 228,934,915.18, up from CNY 200,370,764.88, reflecting a growth of 14.26%[19]. - Sales expenses surged by 91.90% to CNY 171,243,482.12, mainly due to increased employee compensation and after-sales service costs[27]. - The company reported a significant decrease in financial expenses, down 91.99% to CNY 1,061,960.19, due to increased interest income and reduced foreign exchange losses[27]. - Cash paid to employees increased to 442,054,367.49[48]. - Taxes paid rose to 66,162,514.22[48]. - Cash paid for other operating activities increased to 215,608,310.16[48]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,823[11]. - The largest shareholder, China Aerospace Sanjiang, holds 33.70% of the shares, totaling 190,935,612 shares[11]. - The total number of preferred shareholders and the top 10 preferred shareholders' holdings were disclosed, with a total of 57,481,668 shares subject to lock-up at the beginning of the period[41]. Reporting and Audit - The company did not conduct an audit for the third quarter report[40]. - The report was released on October 23, 2023, by the board of directors of the company[40].