CISC(601005)2023-10-27 16:00Financial Performance - Q3 2023 revenue reached ¥9,017,978,528.05, an increase of 17.88% year-over-year[3] - Year-to-date revenue totaled ¥30,012,810,005.27, reflecting a 16.94% increase compared to the same period last year[3] - The total profit (loss) for the quarter was a loss of approximately ¥718.20 million, compared to a loss of ¥306.35 million in the same period last year[28] - The net profit (loss) for the quarter was approximately ¥611.22 million, reflecting a significant increase in losses compared to the previous year's loss of ¥306.35 million[28] - The total comprehensive loss for Q3 2023 was ¥588,072,396.82, compared to a loss of ¥271,316,797.33 in the same period last year[22] - The company reported a total comprehensive income of approximately -¥606.97 million for the quarter[28] - The company's net loss for the first three quarters of 2023 was ¥671,457,955.43, worsening from a loss of ¥267,443,109.77 in the same period of 2022[62] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 55.93% year-to-date, indicating a significant decline in profitability[12] - The net cash flow from operating activities for the quarter was approximately ¥485.56 million, a decrease of 55.93% compared to the previous period[24] - The net cash flow from investing activities was approximately -¥550.17 million, compared to -¥2.14 billion in the previous period[24] - The net cash flow from financing activities was approximately -¥1.17 billion, compared to -¥1.87 billion in the previous period[24] - Cash and cash equivalents decreased to ¥2,765,420,936.38 from ¥3,994,801,171.12, a decline of approximately 30.7%[49] - The cash and cash equivalents at the end of the reporting period were ¥2,701,409,380.72, down from ¥2,946,918,405.87 at the end of the same period in 2022[66] Assets and Liabilities - Total current assets as of September 30, 2023, amounted to ¥8,998,312,540.30, compared to ¥8,514,222,407.34 at the end of 2022[16] - Total assets at the end of the quarter were approximately ¥39.96 billion, an increase of 1.51% from the previous year[32] - The company's total liabilities reached CNY 19,207,679,003.61, up from CNY 18,022,882,702.66, indicating an increase of approximately 6.6%[42] - Total liabilities increased to ¥19,106,237,206.26 from ¥17,939,261,242.26, representing an increase of approximately 6.6%[50] - The equity attributable to shareholders decreased from CNY 21,341,917,700.36 to CNY 20,752,940,786.28, a decline of about 2.8%[42] Operational Efficiency - Total operating costs for the period reached ¥30,724,930,412.41, an increase from ¥26,008,734,550.03 in the previous year, reflecting a growth of approximately 10.5%[44] - The net operating profit was reported at -¥650,826,273.33, compared to -¥231,177,944.51 in the same period last year, indicating a significant decline in profitability[44] - The company reported a significant reduction in research and development expenses to ¥20,915,197.39 from ¥196,028,898.93, a decrease of approximately 89.3%[44] - The company reported a significant increase in research and development expenses, totaling ¥20,915,197.39 in 2023 compared to ¥196,028,898.93 in 2022, indicating a strategic focus on innovation[62] Shareholder Information - Basic and diluted earnings per share for the quarter were both -¥0.07, compared to -¥0.03 in the same period last year[28] - Basic and diluted earnings per share were both -¥0.07, compared to -¥0.03 in the previous year, reflecting a deterioration in earnings performance[46] - The company had a weighted average return on equity of -0.76%, an increase of 2.74 percentage points from the previous period[32]