TMT(600458)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥4,383,136,625.13, representing a year-on-year increase of 28.32%[5] - The net profit attributable to shareholders for Q3 2023 was ¥71,549,975.45, an increase of 7.66% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 200.30% in Q3 2023, amounting to ¥153,854,531.77[5][8] - Total operating revenue for the first three quarters of 2023 reached ¥12,602,161,294.39, an increase of 19.4% compared to ¥10,549,731,384.26 in the same period of 2022[19] - Net profit for the third quarter of 2023 was ¥209,927,790.76, representing a 20.2% increase from ¥174,736,172.60 in Q3 2022[20] - The net profit attributable to shareholders of the parent company for Q3 2023 was ¥274,163,288.96, up 31.9% from ¥207,739,370.03 in the same quarter last year[21] - The net profit for the first three quarters of 2023 was ¥329,354,622.26, up 14.7% from ¥287,088,170.24 in the first three quarters of 2022[30] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥19,798,072,976.89, reflecting a growth of 14.72% compared to the end of the previous year[6] - The company's total current assets as of September 30, 2023, amount to ¥14,135,679,283.63, an increase from ¥11,630,523,987.98 in the previous year[14] - Total assets reached ¥19,798,072,976.89, compared to ¥17,257,039,164.76 at the end of the previous year[15] - The total liabilities as of the end of Q3 2023 amounted to ¥13,349,726,632.54, an increase from ¥10,928,491,110.00 at the end of Q3 2022[20] - The company's total liabilities reached ¥9.11 billion as of September 30, 2023, compared to ¥7.70 billion at the end of 2022, marking an increase of 18.35%[28] Shareholder Information - The total number of common shareholders at the end of the reporting period is 40,118[10] - The largest shareholder, CRRC Zhuzhou Electric Locomotive Research Institute Co., Ltd., holds 292,494,103 shares, accounting for 35.47% of total shares[10] Cash Flow - Cash flow from operating activities for the year-to-date period showed a net outflow of ¥303,179,171.39[6] - The net cash flow from operating activities for the first three quarters of 2023 was -¥303.18 million, an improvement compared to -¥1.47 billion in the first three quarters of 2022[23] - The company's cash and cash equivalents at the end of Q3 2023 were ¥1.72 billion, a decrease from ¥1.82 billion at the end of 2022[24] - The net cash flow from investing activities for the first three quarters of 2023 was -¥169.61 million, compared to a positive cash flow of ¥133.58 million in the same period of 2022[24] - The cash inflow from financing activities in the first three quarters of 2023 was ¥1.49 billion, down from ¥2.95 billion in the same period of 2022, representing a decline of 49.58%[24] Research and Development - Research and development expenses increased by 32.46% year-on-year, indicating a rise in investment in R&D projects[9] - Research and development expenses for the first three quarters of 2023 totaled ¥610,907,977.71, compared to ¥461,204,240.42 in the same period of 2022, reflecting a 32.4% increase[20] - The company has ongoing research and development efforts, with development expenditures reported at ¥34,630,454.03, an increase from ¥29,598,068.46[15] - Research and development expenses increased to ¥284,249,304.78, representing a rise of 75.5% from ¥161,712,928.76 in the previous year[29] Inventory and Receivables - The company reported a significant increase in accounts receivable by 62.43%, attributed to higher operating revenue[8] - Accounts receivable increased to ¥5,038,056,526.61 from ¥3,101,643,334.62 year-over-year[14] - The company reported a significant increase in accounts receivable, which rose to ¥3.52 billion as of September 30, 2023, from ¥1.84 billion at the end of 2022, highlighting a growth of 91.56%[27] - Inventory as of September 30, 2023, is reported at ¥3,307,074,892.30, up from ¥2,611,522,534.65 in the previous year[14] Expenses - The company experienced an 87.63% increase in selling expenses, driven by higher sales revenue and related costs[9] - Total operating costs for the first three quarters of 2023 were ¥12,334,580,600.26, up 18.8% from ¥10,384,186,999.53 in the previous year[19]