QCMC(SH:600229)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 599,399,455.40, representing a year-on-year increase of 6.52%[3] - The net profit attributable to shareholders for Q3 2023 was CNY 47,376,115.61, a slight decrease of 0.48% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 46,689,042.14, down by 0.82% year-on-year[3] - Total operating revenue for the first three quarters of 2023 reached ¥1,952,285,938.17, an increase of 8.75% compared to ¥1,795,376,165.87 in the same period of 2022[17] - Net profit for the first three quarters of 2023 was ¥254,839,203.43, representing an increase of 4.8% compared to ¥243,026,874.78 in the same period of 2022[18] - The net profit attributable to the parent company's shareholders for Q3 2023 was ¥255,738,649.38, an increase from ¥244,334,597.15 in Q3 2022, representing a growth of approximately 5.8%[19] - The total comprehensive income attributable to the parent company's shareholders for Q3 2023 was ¥255,738,649.38, compared to ¥244,334,597.15 in Q3 2022, reflecting an increase of approximately 5.8%[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,206,889,825.66, an increase of 2.76% from the end of the previous year[4] - The company's total assets as of the end of the third quarter of 2023 amounted to ¥4,206,889,825.66, compared to ¥4,093,959,567.98 at the end of the previous year[15] - Non-current liabilities decreased to ¥29,356,527.66 from ¥32,890,409.84 year-on-year, reflecting a reduction of approximately 10.3%[15] - The total liabilities of the company as of the end of the third quarter were ¥1,073,695,746.05, a slight decrease from ¥1,083,249,592.44 year-on-year[15] Cash Flow - The cash flow from operating activities for the year-to-date was CNY 35,048,659.77, showing a significant decrease of 60.34%[3] - The net cash flow from operating activities for the first three quarters of 2023 was ¥35,048,659.77, down from ¥88,369,532.87 in the same period of 2022, reflecting a decrease of approximately 60.3%[22] - Cash inflow from operating activities totaled ¥1,885,711,662.94 for the first three quarters of 2023, compared to ¥1,742,945,244.76 in the same period of 2022, marking an increase of about 8.2%[22] - The total cash outflow from operating activities was ¥1,850,663,003.17 for the first three quarters of 2023, compared to ¥1,654,575,711.89 in the same period of 2022, which is an increase of approximately 11.9%[22] - The net cash flow from investing activities for the first three quarters of 2023 was -¥2,418,555.80, an improvement from -¥14,873,775.70 in the same period of 2022[22] - The net cash flow from financing activities for the first three quarters of 2023 was -¥142,029,129.45, compared to -¥295,736,674.23 in the same period of 2022, indicating a reduction in cash outflow by approximately 51.9%[23] - The ending cash and cash equivalents balance as of the end of Q3 2023 was ¥930,151,724.73, an increase from ¥825,261,509.02 at the end of Q3 2022[23] Shareholder Information - Total number of common shareholders at the end of the reporting period was 32,532[10] - The largest shareholder, Qingdao Publishing Group Co., Ltd., holds 374,191,691 shares, accounting for 55.75% of total shares[11] - The top ten shareholders collectively hold a significant portion of the company's shares, with the top two shareholders being state-owned entities[11] - The company repurchased 10,500,216 shares, representing 1.56% of total share capital[11] Research and Development - Research and development expenses increased by 131.38% during the reporting period, indicating a significant rise in investment in innovation[7] - Research and development expenses for the first three quarters of 2023 were ¥2,957,631.23, significantly higher than ¥1,278,250.33 in the same period last year, indicating an increase of 131.9%[18] Other Information - The report does not indicate any future performance guidance or market expansion plans[12] - The company has not disclosed any significant new strategies or product developments during the reporting period[12] - The company's weighted average return on equity was 1.53%, a decrease of 0.12% year-on-year[3] - The basic earnings per share for Q3 2023 was CNY 0.0717, a decrease of 0.48% compared to the same period last year[3] - Cash and cash equivalents decreased to CNY 1,037,494,486.84 from CNY 1,166,346,258.89[13] - Accounts receivable increased by 47.76%, primarily due to the timing of collections for educational materials[7] - Accounts receivable increased to CNY 617,800,380.13 from CNY 418,124,465.43, indicating a growth of approximately 47.7%[13] - Inventory increased to CNY 623,891,229.73 from CNY 531,755,384.03, reflecting a growth of about 17.3%[13] - The company reported a total of CNY 687,073.47 in non-recurring gains for the reporting period[7] - The company reported a financial income of ¥10,924,180.97, compared to ¥9,340,919.22 in the previous year, reflecting an increase of 16.94%[18]