CCA(603100)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was RMB 188,899.12 million, representing an increase of 18.18% compared to the same period last year[8]. - The net profit attributable to shareholders for Q3 2023 was RMB 18,138.14 million, up 20.94% year-on-year[8]. - The basic earnings per share for Q3 2023 was RMB 0.47, reflecting a growth of 23.68% compared to the same period last year[10]. - The company experienced a 32.31% increase in net profit attributable to shareholders for the year-to-date, driven by revenue growth and investment income[15]. - The total revenue for the first three quarters of 2023 reached CNY 5,482,716,755.24, up from CNY 4,647,780,381.52 in the same period of 2022, indicating a year-over-year increase of about 18%[31]. - The total operating costs for the first three quarters of 2023 were CNY 5,050,862,964.65, compared to CNY 4,255,697,478.32 in the previous year, reflecting an increase of approximately 18.7%[31]. - The company's net profit attributable to shareholders for the first three quarters of 2023 was not explicitly stated but can be inferred from the increase in retained earnings, which rose to CNY 2,443,874,024.55 from CNY 2,146,515,637.46, a growth of about 13.9%[29]. - The net profit for Q3 2023 reached ¥536,710,803.64, an increase of 32.4% compared to ¥405,505,094.20 in Q3 2022[32]. - The total revenue for the first three quarters of 2023 was ¥4,383,098,247.71, up from ¥3,994,317,064.72 in the same period last year, representing a growth of 9.7%[45]. - The operating profit for Q3 2023 was ¥579,984,623.62, compared to ¥448,529,423.04 in Q3 2022, reflecting a year-over-year increase of 29.3%[32]. - The basic earnings per share for Q3 2023 was ¥1.37, up from ¥1.02 in Q3 2022, indicating a growth of 34.3%[33]. Assets and Liabilities - The total assets at the end of Q3 2023 reached RMB 825,545.43 million, an increase of 10.75% from the end of the previous year[10]. - As of September 30, 2023, the company's total assets amounted to CNY 8,255,454,277.86, an increase from CNY 7,454,219,384.34 as of December 31, 2022, representing a growth of approximately 10.7%[29]. - The company's total equity attributable to shareholders was RMB 372,827.63 million, up 9.38% from the previous year[10]. - The total liabilities as of September 30, 2023, were CNY 4,510,690,433.43, compared to CNY 4,031,638,967.35 at the end of 2022, reflecting an increase of about 11.9%[29]. - The company’s total liabilities increased to ¥3,885,906,325.79 in Q3 2023, compared to ¥3,533,176,668.32 in Q3 2022, indicating a rise of 10%[35]. Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 16,401.03 million, showing a decline of 21.96% compared to the previous year[10]. - Cash flow from operating activities for the first three quarters of 2023 was ¥164,010,326.20, a decrease of 22% from ¥210,158,321.41 in the same period last year[45]. - The company reported a decrease in cash outflow for operating activities, totaling ¥4,336,059,344.40 in Q3 2023, compared to ¥3,892,505,888.46 in Q3 2022[45]. - The net decrease in cash and cash equivalents was -345,628,700.84, compared to -621,528,303.60 previously[47]. - The beginning balance of cash and cash equivalents was 1,261,956,666.76, down from 1,772,122,637.80 year-over-year[47]. - The ending balance of cash and cash equivalents was 916,327,965.92, compared to 1,150,594,334.20 in the prior period[47]. Investments and Expenses - The company reported non-recurring gains of RMB 1,713.69 million for Q3 2023, with significant contributions from government subsidies and fair value changes of financial assets[12]. - Research and development expenses for the first three quarters of 2023 totaled CNY 388,439,449.37, compared to CNY 347,635,199.92 in the same period of 2022, marking an increase of about 11.7%[31]. - The company's long-term equity investments as of September 30, 2023, were CNY 383,321,033.23, slightly up from CNY 379,678,150.48 at the end of 2022, indicating a modest growth of about 0.8%[27]. - The company reported a financial income of CNY 28,955,949.80 for the first three quarters of 2023, compared to CNY 24,235,925.07 in the same period of 2022, representing an increase of approximately 19.5%[31]. Accounting and Reporting Changes - The company has adopted new accounting standards starting in 2023, which may affect financial reporting[47].