Teamsun(SH:600410)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately CNY 1.00 billion, representing a year-over-year increase of 13.01%[5] - For the year-to-date period, the company achieved operating revenue of CNY 2.88 billion, an increase of 12.52% compared to the same period last year[7] - Total operating revenue for the first three quarters of 2023 reached CNY 2,878,932,100, an increase from CNY 2,558,588,326.68 in the same period of 2022, representing a growth of approximately 12.5%[22] - Total operating costs for the first three quarters of 2023 were CNY 2,987,033,588.46, compared to CNY 2,682,726,992.77 in 2022, indicating an increase of about 11.4%[22] - Net profit for Q3 2023 was CNY 17,787,446.39, a significant recovery from a net loss of CNY 273,287,004.67 in Q3 2022[23] - The net profit for the first three quarters of 2023 was a loss of CNY 15,963,094.31, an improvement from a loss of CNY 148,435,504.19 in the same period of 2022[35] Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of CNY 280.15 million, a decrease of 308.79% year-over-year[6] - Operating cash flow for the year-to-date period is -308.79 million RMB, an increase compared to the same period last year due to higher procurement payments[13] - Cash inflow from operating activities for Q3 2023 was CNY 3,412,909,806.14, an increase from CNY 3,102,603,448.46 in Q3 2022, representing a growth of 10%[27] - Cash outflow from operating activities totaled CNY 3,693,055,910.62, compared to CNY 2,968,429,537.06 in the previous year, marking an increase of 24.4%[27] - Net cash flow from operating activities was negative CNY 280,146,104.48, a decline from positive CNY 134,173,911.40 in Q3 2022[27] - The company raised CNY 912,281,000.96 through borrowings in Q3 2023, a significant increase from CNY 416,536,096.01 in Q3 2022, indicating a strategy to strengthen liquidity[38] Assets and Liabilities - The total assets at the end of the reporting period were CNY 8.84 billion, reflecting a growth of 3.33% from the end of the previous year[6] - The company's total liabilities as of Q3 2023 amounted to CNY 3,595,347,637.37, up from CNY 3,464,643,025.36 in the previous year, reflecting an increase of approximately 3.8%[21] - Total current assets as of September 30, 2023, amounted to 4,252.78 million RMB, compared to 4,135.61 million RMB at the end of 2022[19] - Total assets as of September 30, 2023, reached 8,842.31 million RMB, an increase from 8,557.23 million RMB at the end of 2022[19] - Short-term borrowings increased to 968.23 million RMB from 614.02 million RMB at the end of 2022[19] - Total liabilities decreased to CNY 2,823,409,745.75 from CNY 3,348,879,288.29 at the end of 2022, reflecting a reduction of 15.7%[32] Shareholder Information - The company has 121,215 common shareholders as of the report date[15] - The top ten shareholders hold a combined total of 111,000,000 shares, representing approximately 10.09% of total shares[15] - The total equity attributable to shareholders reached CNY 4,607,050,630.79 in Q3 2023, compared to CNY 4,479,756,732.59 in Q3 2022, marking an increase of about 2.8%[21] - The company's total equity as of September 30, 2023, was CNY 4,010,979,403.20, slightly down from CNY 4,023,961,125.79 at the end of 2022[32] Investment and Expenses - The company reported an investment income of CNY 52,723,541.02 in Q3 2023, a recovery from a loss of CNY 88,302,884.90 in the same quarter of the previous year[23] - Research and development expenses increased to CNY 75,893,242.33 in Q3 2023, up from CNY 73,311,659.92 in Q3 2022, indicating a focus on innovation[34] - The company reported a significant decrease in financial expenses, down to CNY 36,801,045.35 in Q3 2023 from CNY 45,406,580.61 in Q3 2022, primarily due to reduced interest expenses[34] Comprehensive Income - The company’s other comprehensive income for Q3 2023 was CNY 59,771,063.37, down from CNY 170,932,489.62 in Q3 2022, indicating a decrease of approximately 64.9%[24] - The basic earnings per share for Q3 2023 was reported at CNY 0.00, compared to a loss of CNY 0.26 per share in the same quarter of the previous year[24] - The company reported a total comprehensive loss of CNY 15,963,094.31 for the first three quarters of 2023, compared to a loss of CNY 148,435,504.19 in the same period of 2022[35]