HGTECH(000988)2023-10-26 16:00Revenue and Profit - The company's revenue for Q3 2023 was ¥2,183,831,529.28, a decrease of 17.06% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was ¥230,012,392.11, an increase of 44.74% year-on-year[4]. - Total operating revenue for Q3 2023 was CNY 7,207,504,778.83, a decrease of 18.5% compared to CNY 8,850,571,693.36 in the same period last year[15]. - Net profit for Q3 2023 was CNY 918,928,625.73, compared to CNY 830,244,962.22 in Q3 2022, reflecting a growth of 10.7%[15]. - The net profit for Q3 2023 was CNY 808,947,107.90, an increase of 13.6% compared to CNY 712,009,607.81 in Q3 2022[16]. - The net profit attributable to shareholders of the parent company was CNY 811,810,032.03, up from CNY 722,226,062.98, reflecting a growth of 12.4%[16]. - The total comprehensive income for Q3 2023 reached CNY 809,149,762.39, compared to CNY 712,458,573.05 in the same period last year, marking a 13.6% increase[16]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥776,927,033.71, reflecting a significant increase of 1,381.00%[9]. - Operating cash flow for the period was CNY 776,927,033.71, a significant recovery from a negative cash flow of CNY -60,649,882.76 in Q3 2022[18]. - Cash inflow from operating activities totaled CNY 7,326,552,719.66, down from CNY 7,559,703,129.05 in the previous year, representing a decrease of 3.1%[17]. - Cash outflow from operating activities was CNY 6,549,625,685.95, compared to CNY 7,620,353,011.81 in the same period last year, indicating a decrease of 14.1%[18]. - The company reported cash and cash equivalents at the end of the period amounting to CNY 4,042,830,918.95, an increase from CNY 3,021,851,801.70 at the end of Q3 2022[18]. - The company's total current assets as of September 30, 2023, amount to ¥12,316,440,600.76, an increase from ¥11,489,860,348.16 at the beginning of the year[12]. - Cash and cash equivalents are reported at ¥4,337,908,464.17, up from ¥3,355,970,250.42 at the start of the year[12]. Expenses and Investments - The company experienced a 236.02% increase in operating expenses, totaling ¥5,507,424.79 for the year-to-date[7]. - R&D expenses increased to CNY 462,590,387.78, representing a 25% rise from CNY 369,931,229.70 in the previous year[15]. - The company has made substantial investments in new technology and product development, reflected in a 50.32% increase in development expenditures[6]. Liabilities and Equity - The company has increased its long-term loans significantly, with long-term borrowings reaching ¥2,871,093,946.76, a rise of 91.85%[6]. - The company's total liabilities decreased to CNY 8,491,902,237.02 from CNY 8,529,501,537.42 in the previous quarter[14]. - The equity attributable to shareholders of the parent company rose to CNY 8,959,626,343.62, up from CNY 8,237,558,502.46 year-on-year[14]. - The company’s total equity attributable to shareholders was ¥8,959,626,343.62, an increase of 8.77% from the previous year[4]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 174,573, with the top 10 shareholders holding a combined 30.51% of shares[10]. - Wuhan Donghu Innovation Technology Investment Co., Ltd. holds 19.00% of shares, amounting to 191,045,514 shares[10]. - The company has a total of 10,173,508 shares held through margin trading by shareholder Zhao Fengjuan[10]. - The total number of preferred shareholders is not applicable for this report[11].