SED(000032)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥11,951,674,414.24, a decrease of 0.09% compared to ¥11,963,019,051.03 in the same period last year[4] - The net profit attributable to shareholders was -¥120,963,661.45, an improvement of 39.79% from -¥200,901,809.02 year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥156,309,773.39, a decrease of 26.64% compared to -¥213,067,166.41 in the previous year[4] - The company reported a net profit of CNY 42.42 million for Q3 2023, compared to a net profit of CNY 46.99 million in Q3 2022, indicating a decrease of approximately 9.1%[16] - The company's net profit attributable to shareholders decreased to ¥812.63 million from ¥1.17 billion, a decline of approximately 30.8% year-over-year[15] Assets and Liabilities - The total assets at the end of the reporting period were ¥59,195,718,735.47, representing a 12.01% increase from ¥52,840,413,844.90 at the end of the previous year[4] - The total assets of the company reached ¥59.20 billion, up from ¥52.85 billion, marking an increase of around 12.3%[15] - The total liabilities increased to ¥48.05 billion from ¥42.72 billion, which is an increase of approximately 12.9%[15] - The equity attributable to shareholders increased by 5.45% to ¥5,881,809,656.56 from ¥5,569,832,457.85 at the end of the previous year[4] Cash Flow - The cash flow from operating activities showed a net increase of ¥179,150.83 million compared to a decrease of ¥1,734,993,695.23 in the same period last year[4] - The net cash flow from operating activities improved to CNY 56.51 million, a substantial increase from a negative CNY 1.73 billion in the previous year[9] - The net cash flow from operating activities for Q3 2023 was ¥56,514,558.96, a significant recovery from a negative cash flow of ¥1,734,993,695.23 in Q3 2022[19] - Total cash inflow from operating activities reached ¥39,227,579,486.54, compared to ¥33,426,661,023.18 in the same period last year, indicating a year-over-year increase of approximately 17%[19] Operating Costs and Expenses - Total operating costs for Q3 2023 were CNY 38.14 billion, an increase from CNY 34.50 billion in Q3 2022, representing an increase of approximately 7.5%[16] - Financial expenses rose significantly by 45.75% to CNY 328.65 million, primarily due to increased interest expenses[8] - The company’s cash outflow for purchasing goods and services was ¥31,443,742,867.71, compared to ¥28,270,287,541.88 in the same quarter last year, marking an increase of about 8%[19] - Cash paid to employees increased to ¥4,811,975,260.88 from ¥4,044,361,171.55 in Q3 2022, reflecting a rise of approximately 19%[19] Investments and Development - The company reported a 289.02% increase in development expenditures, totaling CNY 32.17 million, attributed to new research projects and acquisitions[8] - The company recorded other comprehensive income after tax of CNY 5.74 million for Q3 2023, compared to CNY 9.05 million in Q3 2022[17] - Investment income showed a loss of CNY 46.38 million in Q3 2023, worsening from a loss of CNY 39.94 million in Q3 2022[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 48,019, with the top ten shareholders holding a combined 60.55% of shares[10] - The company plans to raise up to ¥3 billion through a private placement of A-shares to invest in cloud and distributed storage projects[12] Accounting Changes - The company has adopted new accounting standards effective January 1, 2023, which may impact future financial reporting[21]