CMC(SH:600327)2023-10-23 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 920,818,796.52, representing a 16.80% increase compared to CNY 788,396,668.49 in the same period last year[2] - The net profit attributable to shareholders of the listed company was a loss of CNY 7,692,711.59, a decrease of 159.35% from a profit of CNY 12,881,837.58 in the previous year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 20,211,941.98, compared to a loss of CNY 28,540,936.67 in the same period last year[2] - The basic earnings per share for Q3 2023 was -CNY 0.009, down 159.35% from CNY 0.015 in the same period last year[3] - Total operating revenue for the first three quarters of 2023 reached ¥2,684,470,661.41, an increase of 14.9% compared to ¥2,336,713,855.52 in the same period of 2022[18] - Operating profit for the first three quarters of 2023 was ¥165,700,343.35, down 25% from ¥220,556,328.35 in the previous year[19] - Net profit for the first three quarters of 2023 was ¥135,821,996.09, a decrease of 31.3% compared to ¥197,725,939.20 in the same period of 2022[19] - Earnings per share for the first three quarters of 2023 was ¥0.148, down from ¥0.197 in the same period of 2022[19] - The total comprehensive income for the first three quarters of 2023 was ¥140,271,376.45, down from ¥188,827,178.48 in the same period of 2022[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,860,187,155.67, an increase of 1.06% from CNY 5,492,937,354.40 at the end of the previous year[3] - The equity attributable to shareholders of the listed company was CNY 3,235,251,005.62, reflecting a 5.37% increase from CNY 3,202,359,394.26 at the end of the previous year[3] - As of September 30, 2023, total assets amounted to RMB 5,860,187,155.67, an increase from RMB 5,561,332,551.19 at the end of 2022, reflecting a growth of approximately 5.38%[13] - Current assets totaled RMB 1,043,516,097.39, down from RMB 1,109,203,677.30 at the end of 2022, indicating a decrease of about 5.93%[13] - Accounts receivable increased significantly to RMB 160,876,784.64 from RMB 88,118,064.56, representing an increase of approximately 82.5%[13] - Cash and cash equivalents decreased to RMB 557,904,477.68 from RMB 667,044,163.78, a decline of around 16.3%[13] - Short-term borrowings rose to RMB 929,527,531.06 from RMB 637,307,678.29, marking an increase of approximately 46%[14] - Total current liabilities increased to RMB 1,814,638,309.69 from RMB 1,571,582,653.31, reflecting a growth of about 15.5%[14] - Non-current assets totaled RMB 4,816,671,058.28, up from RMB 4,452,128,873.89, indicating an increase of approximately 8.2%[14] - The company’s total liabilities increased to RMB 2,101,195,165.73 from RMB 1,839,946,181.80, reflecting a rise of about 14.2%[14] - Total liabilities increased to ¥2,419,627,931.56 in Q3 2023, compared to ¥2,157,069,116.54 in Q3 2022, reflecting a growth of 12.2%[18] - Total equity attributable to shareholders reached ¥3,235,251,005.62 in Q3 2023, up from ¥3,201,283,253.05 in Q3 2022, marking a growth of 1.1%[18] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 263,540,246.13, a significant improvement compared to a negative cash flow of CNY 96,497,865.73 in the same period last year[3] - In the first three quarters of 2023, the cash inflow from operating activities was CNY 3,594,889,751.17, an increase of 5.6% compared to CNY 3,403,272,179.45 in the same period of 2022[21] - The net cash flow from operating activities was CNY 263,540,246.13, a significant improvement from a net outflow of CNY -96,497,865.73 in the first three quarters of 2022[21] - The cash outflow for investing activities totaled CNY 443,717,173.26, a decrease from CNY 500,122,339.19 in the previous year, resulting in a net cash outflow of CNY -385,718,772.34[22] - The cash inflow from financing activities was CNY 937,512,346.30, compared to CNY 538,002,568.32 in the same period last year, leading to a net cash inflow of CNY 102,001,600.17[22] - The total cash and cash equivalents at the end of the period were CNY 458,788,402.94, down from CNY 546,567,245.43 at the end of the same period in 2022[22] - The company received CNY 11,054,204.66 in cash from investment income, up from CNY 5,686,900.86 in the previous year[21] - The cash paid for purchasing goods and services was CNY 2,798,408,762.26, a decrease from CNY 2,912,386,120.54 in the same period of 2022[21] - The cash paid to employees increased to CNY 309,940,884.26 from CNY 297,973,396.88 in the previous year[21] - The company reported a decrease in tax payments to CNY 99,508,900.10 from CNY 162,193,545.91 in the same period last year[21] - The company’s cash flow from operating activities showed a positive trend, indicating improved operational efficiency and financial health[21] Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[2] - Research and development expenses for the first three quarters of 2023 were ¥5,187,156.22, an increase from ¥4,203,697.91 in the same period of 2022[18] - The company reported a decrease in investment income to ¥75,394,192.82 in 2023 from ¥147,869,642.70 in 2022, a decline of 48.9%[18]