Financial Performance - The company's operating revenue for Q3 2023 was RMB 3,114,139,105, a decrease of 19.14% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was RMB 273,575,652, down 21.84% year-on-year[4]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was RMB 146,366,413, a significant decline of 55.33% compared to the previous year[4][6]. - The total net profit for the first nine months of 2023 was RMB 880,590,578, showing a slight increase of 0.59% year-on-year[4]. - Net profit for the same period was RMB 825,270,755, down from RMB 863,827,194 in 2022, reflecting a decline of 4.46%[13]. - Net profit attributable to shareholders for the nine months ended September 30, 2023, was RMB 880,590,578, a slight increase from RMB 875,424,913 in the same period of 2022, reflecting a growth of 0.13%[14]. - Total comprehensive income attributable to shareholders for the nine months ended September 30, 2023, was RMB 957,019,446, compared to RMB 904,910,913 in 2022, indicating an increase of 5.77%[14]. - The basic earnings per share for Q3 2023 was RMB 0.36, a decrease of 23.40% compared to the same period last year[4]. - The basic and diluted earnings per share remained stable at RMB 1.16 for both the nine months ended September 30, 2023, and 2022[14]. Assets and Liabilities - The total assets as of September 30, 2023, reached RMB 29,640,189,577, reflecting a growth of 5.09% from the end of the previous year[4]. - Current assets totaled RMB 15,533,403,878 as of September 30, 2023, slightly up from RMB 15,414,867,488 at the end of 2022[11]. - Long-term equity investments increased significantly to RMB 3,350,581,237 from RMB 1,828,164,430, marking an increase of 83.3%[11]. - Total liabilities rose to RMB 14,866,112,405, compared to RMB 13,666,245,433 at the end of 2022, indicating an increase of 8.8%[12]. - The total assets of the company reached RMB 29,640,189,577, up from RMB 28,203,306,647 at the end of 2022, reflecting a growth of 5.1%[12]. - The company’s total equity attributable to shareholders increased to RMB 11,403,795,776 from RMB 10,144,245,884, representing a growth of 12.42%[12]. Cash Flow - The company reported a net cash flow from operating activities of RMB 670,377,436 for the first nine months of 2023, down 28.95% year-on-year[4]. - Cash flow from operating activities for the nine months ended September 30, 2023, was RMB 670,377,436, down from RMB 943,500,233 in the same period of 2022, representing a decrease of 29%[16]. - Cash inflow from sales of goods and services was RMB 10,744,056,883 for the nine months ended September 30, 2023, compared to RMB 9,061,429,375 in 2022, showing an increase of 18.54%[16]. - Cash outflow for purchasing goods and services was RMB 8,833,401,099 for the nine months ended September 30, 2023, up from RMB 7,194,248,311 in 2022, reflecting an increase of 22.77%[16]. - Net cash flow from investing activities for the nine months ended September 30, 2023, was RMB (2,269,539,134), compared to RMB (1,536,714,650) in 2022, indicating a significant increase in cash outflow[16]. - Cash flow from financing activities for the nine months ended September 30, 2023, was RMB 1,483,380,887, down from RMB 2,085,348,919 in 2022, a decrease of 28.87%[17]. - The total cash and cash equivalents at the end of the period was RMB 4,125,273,115, compared to RMB 4,328,372,340 at the end of the same period in 2022, showing a decrease of 4.69%[17]. - The company reported a significant increase in financial expenses, totaling RMB 101,181,229, compared to RMB 60,358,156 in the same period last year[13]. Government Subsidies and Shareholding - The company received government subsidies amounting to RMB 55,158,033 in Q3 2023, contributing to its non-recurring gains[5]. - The top ten shareholders held a total of 23.73% of the shares, with China Huaxin Post and Telecommunications Technology Co., Ltd. being the largest shareholder[7]. Research and Development - Research and development expenses for the nine months were RMB 558,709,760, slightly higher than RMB 544,429,763 in the previous year[13].
长飞光纤光缆(06869) - 2023 Q3 - 季度业绩