SAIC MOTOR(SH:600104)2023-10-26 16:00Financial Performance - Total operating revenue for Q3 2023 was ¥196.79 billion, a decrease of 6.92% year-on-year[3]. - Net profit attributable to shareholders was ¥4.32 billion, down 24.69% compared to the same period last year[3]. - Basic earnings per share decreased by 24.65% to ¥0.376 in Q3 2023[4]. - The company reported a net profit margin of 1.50%, a decrease of 0.56 percentage points year-on-year[4]. - Net profit attributable to shareholders of the parent company for Q3 2023 was approximately ¥11.41 billion, down 9.8% from ¥12.65 billion in Q3 2022[15]. - The company reported a total comprehensive income of approximately ¥16.09 billion for Q3 2023, compared to ¥11.52 billion in Q3 2022, indicating a significant increase[16]. - Operating profit for Q3 2023 was approximately ¥21.77 billion, an increase of 6.0% from ¥20.53 billion in Q3 2022[15]. Cash Flow and Investments - Net cash flow from operating activities increased by 44.89% to ¥14.20 billion in Q3 2023[4]. - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥516.92 billion, an increase from ¥469.72 billion in the same period of 2022[17]. - Operating cash inflow for Q3 2023 was approximately CNY 564.34 billion, an increase from CNY 528.65 billion in Q3 2022, representing a growth of about 6.77%[18]. - Net cash outflow from investing activities was CNY -18.68 billion in Q3 2023, compared to a net inflow of CNY 42.43 billion in Q3 2022, indicating a significant decline in investment returns[18]. - Cash received from investment activities decreased to CNY 303.35 billion in Q3 2023, down from CNY 342.41 billion in Q3 2022, reflecting a decline of about 11.4%[18]. Assets and Liabilities - Total assets at the end of the reporting period were ¥952.35 billion, a decrease of 3.81% from the end of the previous year[4]. - The company's total assets as of Q3 2023 were approximately ¥952.35 billion, a decrease from ¥990.11 billion at the end of 2022[13]. - The company's total liabilities were RMB 609.07 billion, down from RMB 653.81 billion, reflecting a decrease of about 6.83%[12]. - The company's long-term equity investments decreased to RMB 58.79 billion from RMB 64.65 billion, a decline of approximately 9.06%[11]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 199,195[7]. - The largest shareholder, Shanghai Automotive Industry Group, holds 62.69% of the shares[7]. - Shareholder equity attributable to shareholders increased by 2.39% to ¥285.90 billion compared to the end of the previous year[4]. - The company's equity attributable to shareholders of the parent company increased to approximately ¥285.90 billion in Q3 2023 from ¥279.23 billion in the previous quarter[13]. Operational Efficiency - The company's cash and cash equivalents were RMB 136.63 billion, a decrease from RMB 155.16 billion, representing a decline of approximately 11.93%[10]. - The company experienced a net increase in cash from operating activities of CNY 21.10 billion in Q3 2023, a significant rise from CNY 5.10 billion in Q3 2022, indicating improved operational efficiency[18]. - The company reported a significant increase in cash paid for taxes, totaling CNY 26.17 billion in Q3 2023, up from CNY 18.89 billion in Q3 2022, an increase of approximately 38.1%[18].