GDG(SH:600098)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately CNY 11.09 billion, a decrease of 25.01% compared to the same period last year[6]. - Net profit attributable to shareholders of the listed company was CNY 411.20 million, down 17.36% year-on-year[6]. - Basic earnings per share for the period were CNY 0.1182, a decrease of 16.88% compared to the same period last year[6]. - Total operating revenue for the first three quarters of 2023 was RMB 32.85 billion, a decrease of 7.6% compared to RMB 35.54 billion in the same period of 2022[23]. - Operating profit for the first three quarters of 2023 reached RMB 2.08 billion, an increase of 59.5% from RMB 1.31 billion in the previous year[24]. - Net profit attributable to shareholders for the first three quarters of 2023 was RMB 1.53 billion, up 25.6% from RMB 1.22 billion in the same period of 2022[24]. - Total comprehensive income increased by 66.79 million, indicating enhanced profitability and rising stock prices of other equity investments[11]. - The total comprehensive income for the first three quarters of 2023 was RMB 1.78 billion, compared to RMB 1.07 billion in the same period of 2022, reflecting a growth of 66.5%[24]. Cash Flow - The net cash flow from operating activities was CNY 1.25 billion, a decline of 48.12% compared to the previous year[6]. - The net cash flow from operating activities for the first three quarters of 2023 was CNY 2,714,579,451.49, a decrease of 22.6% compared to CNY 3,508,541,689.46 in the same period of 2022[26]. - The net cash flow from financing activities was CNY 1,476,620,490.28, a recovery from a net outflow of CNY 2,387,971,344.11 in the same period last year[27]. - Cash and cash equivalents at the end of the period were CNY 7,062,294,845.75, down from CNY 8,072,095,651.26 a year earlier[27]. - The cash flow from financing activities included CNY 9,728,764,388.07 for debt repayment, reflecting a decrease from CNY 13,337,544,966.45 in the previous year[27]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 67.99 billion, an increase of 9.73% from the previous year[7]. - The equity attributable to shareholders of the listed company was CNY 25.22 billion, reflecting a growth of 4.07% year-on-year[7]. - Total liabilities decreased to ¥40,049,721,095.14 from ¥35,407,550,908.18, a reduction of about 13.3%[21]. - Total assets increased to ¥67,993,071,066.16 from ¥61,963,522,240.39, showing a growth of approximately 9.8%[22]. - The company's total liabilities increased to ¥14,157,841,104.39 in Q3 2023, up from ¥12,909,864,808.30 in Q3 2022, representing a growth of approximately 9.66%[30]. Investments and Projects - The company reported a total of CNY 6.23 million in non-recurring gains and losses for the current period[8]. - The company experienced a 152.71% increase in trading financial assets due to investments in money market funds[9]. - The company announced the successful grid connection of the 1 unit of the Pearl River LNG Power Plant Phase II, enhancing clean energy capacity[17]. - The Guangzhou LNG emergency peak-shaving gas source station project commenced operations, forming a complete gas-electricity industrial chain[16]. - The company plans to expand its green low-carbon energy scale through the construction of two 460 MW gas-steam combined cycle peak-shaving units[17]. Research and Development - Research and development expenses increased to RMB 439.94 million, representing a rise of 23.2% compared to RMB 356.92 million in the previous year[23]. - Research and development expenses increased to ¥1,008,733.28 in the first three quarters of 2023, compared to ¥153,426.35 in the same period of 2022, indicating a growth of approximately 558.57%[31].