CDXG(SH:600353)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was CNY 299,625,730.88, an increase of 8.36% compared to the same period last year[4]. - Net profit attributable to shareholders was CNY 23,610,861.94, a decrease of 2.37% year-on-year[4]. - The basic earnings per share for the current period was CNY 0.0265, down 40.32% compared to the previous year[5]. - The net profit attributable to shareholders for the year-to-date period was CNY 74,232,772.82, an increase of 35.39% year-on-year[4]. - The net profit for Q3 2023 was CNY 82,924,578.87, an increase of 18.5% compared to CNY 69,890,104.34 in Q3 2022[20]. - The total revenue from operating activities for the first nine months of 2023 was CNY 371,049,278.93, up from CNY 354,513,130.80 in the same period of 2022, reflecting a growth of 4.7%[23]. - The company recorded a total comprehensive income of CNY 82,924,578.87 for Q3 2023, compared to CNY 69,890,104.34 in Q3 2022, indicating a year-over-year increase of 18.5%[21]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,849,587,145.40, reflecting a 3.56% increase from the end of the previous year[5]. - Cash and cash equivalents as of September 30, 2023, amounted to RMB 309,460,913.10, down from RMB 433,349,180.91 at the end of 2022, indicating a decrease of 28.6%[15]. - Accounts receivable increased to RMB 903,615,396.13 as of September 30, 2023, compared to RMB 646,404,229.80 at the end of 2022, representing a growth of 39.7%[15]. - Total assets as of September 30, 2023, were RMB 2,849,587,145.40, an increase from RMB 2,751,630,361.52 at the end of 2022, showing a growth of 3.6%[16]. - Total liabilities decreased to RMB 985,256,361.57 as of September 30, 2023, from RMB 995,211,692.27 at the end of 2022, reflecting a decline of 1.0%[16]. - Shareholders' equity increased to RMB 1,864,330,783.83 as of September 30, 2023, compared to RMB 1,756,418,669.25 at the end of 2022, marking an increase of 6.1%[17]. Cash Flow - Cash flow from operating activities for the year-to-date period was CNY -121,580,381.10, indicating a negative cash flow situation[5]. - The company reported a net cash flow from operating activities of -CNY 121,580,381.10 for the first nine months of 2023, worsening from -CNY 61,462,348.66 in the same period of 2022[23]. - The company experienced a net cash outflow from financing activities of -CNY 51,045,934.24 in Q3 2023, compared to a significant inflow of CNY 645,953,298.96 in Q3 2022[24]. - Investment activities generated a net cash inflow of CNY 48,766,759.40 in the first nine months of 2023, a recovery from a net outflow of -CNY 148,351,890.18 in the same period of 2022[24]. Operating Performance - Total operating revenue for the first three quarters of 2023 reached RMB 900,667,856.29, an increase of 11.8% compared to RMB 805,737,172.18 in the same period of 2022[19]. - Total operating costs for the first three quarters of 2023 were RMB 792,278,152.26, up from RMB 716,005,834.52 in the previous year, reflecting a year-on-year increase of 10.6%[19]. - The total operating expenses for Q3 2023 were CNY 58,051,067.83, slightly down from CNY 58,306,886.01 in Q3 2022[20]. Strategic Initiatives - The company plans to enhance its military business profit share, which is expected to positively impact future profitability[8]. - The company is focusing on expanding its market presence and enhancing product development to drive future growth[19]. - The company plans to continue investing in new technologies and product innovations to maintain competitive advantage in the market[19]. Research and Development - Research and development expenses for Q3 2023 were CNY 38,257,498.96, slightly down from CNY 38,595,934.62 in Q3 2022[20]. Shareholding Structure - The company’s shareholding structure shows the largest shareholder holds 27.95% of the shares, totaling 232,761,142 shares[11].