CITIC COHC(000099)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥501,693,624.02, representing a 4.02% increase year-over-year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥64,716,812.99, a significant increase of 53.39% compared to the same period last year[5]. - The basic earnings per share for Q3 2023 was ¥0.0835, reflecting a 53.49% increase year-over-year[5]. - Total operating revenue for the third quarter of 2023 reached ¥1,408,440,318.37, an increase of 8.0% compared to ¥1,304,493,345.22 in the same period last year[28]. - Net profit attributable to the parent company increased to ¥1,985,451,916.81, compared to ¥1,841,492,660.95 in the previous year, marking a growth of 7.8%[27]. - The net profit for Q3 2023 was CNY 189,082,856.82, an increase of 15.8% compared to CNY 163,205,121.19 in Q3 2022[30]. - The operating profit for Q3 2023 was CNY 239,371,538.51, up from CNY 191,826,029.96 in the same period last year, reflecting a growth of 24.8%[30]. - The total comprehensive income for Q3 2023 was CNY 189,082,856.82, compared to CNY 163,205,121.19 in Q3 2022, indicating a growth of 15.8%[30]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥6,200,725,429.38, a decrease of 4.07% from the end of the previous year[5]. - Total assets as of September 30, 2023, were ¥6,200,725,429.38, down from ¥6,463,696,921.34, a decrease of 4.1%[26]. - Total liabilities decreased to ¥1,013,083,507.69 from ¥1,342,463,637.08, reflecting a decline of 24.5%[26]. - The company’s total equity increased to ¥5,187,641,921.69 from ¥5,121,233,284.26, representing a growth of 1.3%[27]. - The company’s total liabilities decreased by 35.01% for current non-current liabilities due within one year, amounting to ¥15,071.82 million[11]. Cash Flow and Financing Activities - Cash flow from operating activities for the year-to-date period decreased by 34.29% to ¥374,504,303.11[5]. - Cash flow from operating activities for Q3 2023 was CNY 374,504,303.11, down 34.3% from CNY 569,905,153.79 in Q3 2022[32]. - Cash received from borrowings was 0 RMB, a decrease of 100% compared to 200 million RMB in the same period last year, as there were no borrowings in the current period[16]. - Cash received from other financing activities was 0 RMB, a decrease of 100% compared to 54.19 million RMB in the same period last year, with no cash received in the current period[16]. - The net cash flow from financing activities was CNY -578,790,839.00 in Q3 2023, worsening from CNY -331,095,140.57 in the same quarter last year[33]. Research and Development - Research and development expenses for Q3 2023 were ¥613.26 million, a decrease of 86.06% compared to the same period last year[12]. - The company reported a significant reduction in research and development expenses to ¥6,132,630.03 from ¥43,991,254.05, a decrease of 86.0%[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 60,514[18]. - The largest shareholder, China Zhonghai Zhi Limited Liability Company, holds 30.18% of the shares, totaling 234,119,474 shares[18]. - The company has no preferred shareholders with voting rights at the end of the reporting period[18]. Government Subsidies and Special Funds - The company received government subsidies totaling ¥1,454,000.00 during the reporting period, contributing to its non-operating income[7]. - The company received a total of 27.35 million RMB in special funds for civil aviation development in 2023[22]. - The subsidiary, Haizhi Tonghang, received 23.27 million RMB in special funds for general aviation development in 2023[23]. Other Income and Expenses - The company reported a significant increase in other income, which rose by 1665.01% to ¥1,223.61 million in Q3 2023[13]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 216.58 million RMB, a decrease of 40.73% compared to the same period last year, primarily due to reduced cash payments for helicopter purchases[16]. - Cash paid for other financing activities was 209.21 million RMB, an increase of 105.79% compared to 101.66 million RMB in the same period last year, mainly due to cash distributions to minority shareholders and increased repayments of lease liabilities[16].