SIPG(SH:600018)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 11,322,145,991.65, representing a year-on-year increase of 23.86%[2] - The net profit attributable to shareholders for Q3 2023 was CNY 4,031,392,722.92, a decrease of 14.86% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,848,878,788.04, down 16.30% year-on-year[2] - The basic earnings per share for Q3 2023 was CNY 0.1740, reflecting a decrease of 14.87% compared to the previous year[3] - Total operating revenue for the first three quarters of 2023 was CNY 27,433,687,326.90, a decrease of 6.14% compared to CNY 29,235,573,677.42 in the same period of 2022[14] - Net profit for the first three quarters of 2023 was CNY 12,003,657,101.18, a decline of 25.5% from CNY 16,121,563,233.08 in the same period of 2022[15] - Earnings per share for the first three quarters of 2023 was CNY 0.4895, compared to CNY 0.6701 in the same period of 2022, indicating a decrease of 27%[16] - The total comprehensive income for the first three quarters of 2023 was CNY 11,817,361,980.10, compared to CNY 15,674,871,796.77 in 2022, reflecting a decline of 24.1%[16] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 194,019,584,401.18, an increase of 6.72% from the end of the previous year[3] - The total liabilities decreased to ¥19.82 billion from ¥25.86 billion, showing a reduction of approximately 23.3%[11] - Total liabilities as of the end of Q3 2023 amounted to CNY 61,687,388,462.05, an increase from CNY 60,634,657,167.35 at the end of Q3 2022[13] - The total assets as of September 30, 2023, reached CNY 124,575,419,860.58, compared to CNY 120,977,326,392.45 at the end of 2022, reflecting a growth of 3.3%[21] - The total liabilities decreased to CNY 37,176,629,000.00 in Q3 2023 from CNY 39,000,000,000.00 in Q3 2022, showing a reduction of 4.7%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 7,126,025,677.59, a decrease of 26.83% compared to the same period last year[2] - Cash flow from operating activities for the first three quarters of 2023 was CNY 30,651,102,229.71, significantly lower than CNY 44,771,970,828.24 in 2022, representing a decline of 31.5%[17] - The net cash inflow from operating activities for Q3 2023 was CNY 7,126,025,677.59, a decrease of 26.5% compared to CNY 9,738,709,991.32 in Q3 2022[18] - Cash and cash equivalents at the end of Q3 2023 amounted to CNY 29,044,126,561.27, an increase from CNY 25,821,642,818.52 at the end of Q3 2022[19] - Cash inflow from financing activities totaled CNY 14,788,781,903.21, an increase from CNY 11,398,598,137.00 in Q3 2022, marking a growth of 29.5%[19] Investments and Expenses - Research and development expenses for the first three quarters of 2023 were CNY 115,082,999.04, up from CNY 86,102,898.06 in 2022, indicating a growth of 33.7%[15] - The company reported investment income of CNY 5,909,191,591.09 for the first three quarters of 2023, down from CNY 9,576,859,496.28 in the same period of 2022, a decrease of 38.5%[15] - The company reported a significant increase in long-term equity investments, rising to ¥73.45 billion from ¥69.97 billion, which is an increase of approximately 5.3%[11] - The investment income for the first three quarters of 2023 was ¥5,509,858,132.28, significantly higher than ¥3,221,113,216.59 in the same period of 2022, marking an increase of 71.1%[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 163,495[6] - The equity attributable to shareholders at the end of Q3 2023 was CNY 120,569,076,200.07, up 7.34% from the end of the previous year[3] - Total equity attributable to shareholders of the parent company increased to CNY 120,569,076,200.07 from CNY 112,327,407,458.97 year-over-year, reflecting a growth of 7.2%[13] - The company's total equity increased to ¥85,742,411,559.71 in the third quarter of 2023, compared to ¥82,191,091,736.41 in the same period of 2022, reflecting a growth of 4.2%[22] Regulatory and Corporate Actions - The company has initiated the process for the spin-off and IPO of its subsidiary, Shanghai Jinjiang Shipping, with the application submitted to the China Securities Regulatory Commission on December 13, 2022[8] - The company is actively working on the subsequent steps required by the China Securities Regulatory Commission and the Shanghai Stock Exchange for the IPO process[8]