XEMC(SH:600416)2023-10-18 16:00Financial Performance - The company's operating revenue for Q3 2023 was approximately ¥1,031.56 million, a decrease of 2.03% compared to the same period last year[3]. - The net profit attributable to shareholders for the same period was approximately ¥68.40 million, representing an increase of 11.08% year-over-year[3]. - The net profit after deducting non-recurring gains and losses was approximately ¥59.19 million, with a slight increase of 0.95% compared to the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.05, unchanged from the previous year[5]. - Total operating revenue for Q3 2023 was approximately $3.44 billion, a slight decrease from $3.45 billion in the same period last year, representing a year-over-year decline of 0.05%[18]. - Net profit for Q3 2023 was approximately $261.41 million, an increase from $229.49 million in Q3 2022, marking a year-over-year growth of 13.92%[19]. - The company reported a significant increase in investment income, reaching approximately $8.94 million in Q3 2023, compared to $1.21 million in Q3 2022[19]. - The company’s total comprehensive income for Q3 2023 was approximately $261.41 million, compared to $229.49 million in Q3 2022, showing an increase of 13.92%[20]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period increased significantly by 222.3%, totaling approximately ¥398.72 million[9]. - Operating cash inflow for Q3 2023 reached ¥2,984,045,560.87, a significant increase from ¥1,911,415,981.45 in Q3 2022, representing a growth of approximately 56.2%[21]. - Net cash flow from operating activities was ¥398,720,281.60, compared to a negative cash flow of -¥326,018,192.90 in the same period last year[21]. - Cash outflow for investing activities totaled ¥129,516,818.15, a decrease from ¥513,500,895.07 in Q3 2022, indicating a reduction of about 74.8%[22]. - Cash inflow from financing activities was ¥2,498,900,000.00, down from ¥3,330,000,000.00 in Q3 2022, reflecting a decline of approximately 25%[22]. - The ending cash and cash equivalents balance for Q3 2023 was ¥1,740,968,663.27, compared to ¥763,170,932.61 at the end of Q3 2022, showing an increase of approximately 128.3%[22]. - Cash received from sales and services in Q3 2023 was ¥2,644,896,084.21, up from ¥1,613,734,339.86 in Q3 2022, marking a growth of about 63.7%[21]. - Total cash outflow for operating activities was ¥2,585,325,279.27, compared to ¥2,237,434,174.35 in Q3 2022, an increase of approximately 15.6%[21]. - The company received tax refunds amounting to ¥34,451,272.03 in Q3 2023, down from ¥47,499,557.30 in Q3 2022, a decrease of about 27.5%[21]. - Cash paid to employees in Q3 2023 was ¥565,262,836.83, compared to ¥491,586,864.84 in Q3 2022, reflecting an increase of approximately 15%[21]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥13.84 billion, a decrease of 2.18% from the end of the previous year[5]. - The equity attributable to shareholders increased by 3.82% year-over-year, reaching approximately ¥7.20 billion[5]. - As of September 30, 2023, the total assets of the company amounted to CNY 13,842,645,941.42, a decrease from CNY 14,150,623,182.93 at the end of 2022, reflecting a decline of approximately 2.17%[15][16]. - The company's current assets totaled CNY 9,868,960,535.40, down from CNY 10,258,669,156.96 at the end of 2022, indicating a decrease of about 3.79%[15]. - The total liabilities decreased to approximately $6.64 billion in Q3 2023 from $7.22 billion in Q3 2022, a reduction of about 8.06%[18]. - The total equity attributable to shareholders increased to approximately $7.20 billion in Q3 2023 from $6.93 billion in Q3 2022, reflecting a growth of 3.86%[18]. - Short-term borrowings increased to CNY 1,030,000,000.00 from CNY 901,068,633.67, an increase of about 14.31%[16]. - Accounts payable increased to CNY 2,400,125,944.37 from CNY 2,234,345,934.48, indicating an increase of approximately 7.41%[16]. - The company reported a total current liabilities of CNY 5,152,012,191.59, slightly down from CNY 5,160,389,515.22, a decrease of about 0.16%[16]. Research and Development - Research and development expenses for Q3 2023 were approximately $139.30 million, up from $122.03 million in the same quarter last year, representing a year-over-year increase of 14.19%[18]. - The company has ongoing development expenditures amounting to CNY 682,509,427.39, up from CNY 455,557,322.07, reflecting an increase of approximately 49.67%[16]. - The company has not disclosed any significant new product developments or market expansion strategies in the current report[12][13]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 38,683[10]. - The weighted average return on equity decreased by 0.57 percentage points to 0.95% for the current period[5].