2023-10-30 16:00Financial Performance - Total revenue for Q3 2023 was CNY 14,306,776,611.64, a decrease of 4.21% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 5,108,176,481.67, down 4.90% year-on-year[5] - Basic earnings per share for Q3 2023 were CNY 0.33, a decrease of 5.71% compared to the same period last year[5] - The weighted average return on equity was 1.92%, down 0.24 percentage points year-on-year[5] - Total operating revenue for the first three quarters of 2023 was CNY 45.81 billion, a decrease of 8.06% compared to CNY 49.82 billion in the same period of 2022[22] - Net profit for the first three quarters was CNY 17.07 billion, slightly down by 0.76% from CNY 17.20 billion in the same period of 2022[22] - Basic earnings per share for the period was CNY 1.08, compared to CNY 1.10 in the previous year[23] - The total comprehensive income of CNY 17.67 billion, down from CNY 18.45 billion in the same period of 2022[23] - The total comprehensive income for the first three quarters was CNY 11.53 billion, compared to CNY 13.93 billion in the same period of 2022[29] Cash Flow and Liquidity - Net cash flow from operating activities was negative at CNY -64,904,942,795.49, a significant decline of 56.37% compared to the previous year[5] - Cash flow from operating activities showed a net outflow of CNY 54.30 billion, contrasting with a net inflow of CNY 61.75 billion in the same period last year[24] - Cash inflow from financing activities increased significantly to CNY 251.74 billion, compared to CNY 101.35 billion in the previous year[24] - The net cash flow from financing activities for Q3 2023 was ¥12.75 billion, a significant improvement from the negative ¥18.49 billion in Q3 2022[25] - The cash and cash equivalents at the end of Q3 2023 were ¥320.65 billion, down from ¥387.07 billion at the end of 2022, indicating a decrease of approximately 17.2%[25] - The net increase in cash and cash equivalents for Q3 2023 was negative at ¥28.30 billion, contrasting with a positive increase of ¥74.55 billion in Q3 2022[25] - The net increase in cash and cash equivalents was CNY -29.17 billion, contrasting with an increase of CNY 35.72 billion in the previous period[31] Assets and Liabilities - Total assets at the end of Q3 2023 reached CNY 1,412,821,215,130.52, an increase of 7.96% from the end of the previous year[6] - The company's total liabilities reached RMB 1,145.16 billion, up from RMB 1,050.23 billion at the end of 2022, indicating an increase of about 9.05%[21] - The total assets as of September 30, 2023, reached ¥1,013.72 billion, up from ¥924.93 billion at the end of 2022, representing an increase of approximately 9.6%[26] - The total liabilities increased to ¥798.01 billion in Q3 2023, compared to ¥713.11 billion in Q4 2022, reflecting a growth of about 11.9%[27] - The company's total equity as of September 30, 2023, was ¥215.71 billion, an increase from ¥211.82 billion at the end of 2022, showing a growth of about 1.4%[27] Investment and Business Operations - Investment income for the year-to-date period decreased due to reduced returns from financial assets held[8] - Other business income for the year-to-date period decreased due to lower sales revenue from subsidiaries in commodity trading[8] - The company approved an investment of RMB 500 million in the Anhui Conch CITIC Innovation Development Investment Fund Partnership on September 8, 2023, with RMB 50 million already contributed[17] - The company has completed the relocation of 6 branch offices during the reporting period, maintaining a total of 45 branch offices and 222 securities business departments[11] - The company’s subsidiary, CITIC Securities (Shandong), has also relocated 2 branch offices, with a total of 6 branch offices and 59 securities business departments as of the reporting period[12] Shareholder Information - As of September 30, 2023, the total number of shareholders reached 525,571, with 525,414 A-share shareholders and 157 H-share registered shareholders[10] - China CITIC Financial Holdings Co., Ltd. holds 2,299,650,108 A-shares and 464,269,604 H-shares, totaling 2,763,919,712 shares, accounting for 18.65% of the company[10] Regulatory and Legal Matters - On September 28, 2023, the China Securities Regulatory Commission issued a regulatory notice to the company regarding deficiencies in its financial advisory services during a major asset restructuring[15] - The company has no significant litigation or arbitration matters exceeding RMB 10 million that would impact its net assets during the reporting period[13] Employee Compensation - The company reported a decrease in employee compensation payable to RMB 19.51 billion from RMB 19.82 billion at the end of 2022, a decline of approximately 1.63%[21]