HXSS(SH:600477)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 2,800,365,948.24, representing a year-over-year increase of 2.30%[6] - The net profit attributable to shareholders for Q3 2023 was CNY 47,584,009.98, an increase of 10.44% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 41,154,436.36, reflecting a growth of 2.28% year-over-year[6] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.020, up 11.11% from the same period last year[7] - The net profit attributable to shareholders for the year-to-date period was CNY 248,163,076.73, an increase of 8.06% year-over-year[6] - Total revenue for Q3 2023 reached 275,271,357.95, an increase from 240,818,222.95 in Q3 2022, representing a growth of approximately 14.3%[21] - Operating profit for Q3 2023 was 297,607,324.88, compared to 149,101,464.50 in Q3 2022, indicating a significant increase of about 99.7%[20] - Net profit attributable to shareholders of the parent company for Q3 2023 was 248,163,076.73, compared to 229,643,767.38 in Q3 2022, marking an increase of about 8.0%[21] - Total comprehensive income attributable to the parent company's owners for Q3 2023 was 247,959,782.35, compared to 229,247,289.88 in Q3 2022, an increase of about 8.0%[22] - The company reported a total profit of 294,756,582.25 for Q3 2023, compared to 148,592,313.23 in Q3 2022, reflecting an increase of about 98.5%[20] Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of CNY 676,494,456.28, a decrease of 65.35% compared to the previous year[7] - Cash inflow from operating activities for the first nine months of 2023 was 6,282,823,518.64, down from 7,177,643,962.29 in the same period of 2022, a decrease of approximately 12.5%[23] - Sales revenue from goods and services received cash for the first nine months of 2023 was 5,958,639,603.50, a decline from 6,795,796,603.66 in the same period of 2022, representing a decrease of about 12.3%[23] - The net cash flow from operating activities was -$676.49 million, compared to -$409.13 million in the previous year, indicating a decline of approximately 65.4%[24] - The company reported a net decrease in cash and cash equivalents of -$167.43 million, contrasting with an increase of $464.87 million in the previous year[24] - The ending balance of cash and cash equivalents was $378.56 million, down from $864.93 million year-over-year, a decrease of approximately 56.3%[24] - Cash outflow from operating activities totaled $6.96 billion, down from $7.59 billion, indicating a reduction of about 8.2%[24] - The company distributed $191.76 million in dividends and interest payments, slightly down from $212.48 million, a decrease of about 9.7%[24] Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 15,542,122,936.36, an increase of 11.56% from the end of the previous year[7] - The equity attributable to shareholders at the end of Q3 2023 was CNY 5,249,905,168.66, which is a 3.49% increase compared to the end of the previous year[7] - Current assets as of September 30, 2023, totaled ¥10,531,849,713.73, compared to ¥9,714,130,760.99 at the end of 2022, indicating a growth of 8.4%[15] - Non-current assets increased to ¥5,010,273,222.63 as of September 30, 2023, from ¥4,217,244,226.61 at the end of 2022, representing a growth of 18.7%[16] - Total liabilities as of September 30, 2023, amounted to ¥9,910,714,317.95, compared to ¥8,483,719,093.29 at the end of 2022, marking an increase of 16.8%[17] - Long-term borrowings surged to ¥1,123,846,251.06 from ¥486,150,001.43, indicating a significant increase of 131.2%[17] - The company's retained earnings as of September 30, 2023, were ¥1,798,750,243.64, compared to ¥1,627,336,531.73 at the end of 2022, reflecting an increase of 10.5%[17] Expenses - Total operating costs for the first three quarters of 2023 were ¥7,380,905,679.43, up from ¥7,110,321,477.38 in 2022, reflecting a year-over-year increase of 3.8%[19] - Research and development expenses rose to 406,609,131.49 in Q3 2023, up from 364,431,128.57 in Q3 2022, reflecting an increase of approximately 11.6%[20] - Financial expenses increased to 122,887,245.86 in Q3 2023, compared to 80,848,346.91 in Q3 2022, indicating a rise of approximately 52.0%[20] Non-Recurring Items - The company reported non-recurring gains of CNY 6,429,573.62 for Q3 2023[8] - The company experienced a 52.25% increase in net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date period[9] Financing Activities - Total cash inflow from financing activities was $3.43 billion, an increase from $3.19 billion year-over-year, reflecting a growth of about 7.5%[24] - Cash inflow from financing activities included $2.68 billion from borrowings, which increased from $1.94 billion, marking a growth of approximately 37.9%[24] Accounting Standards - The company did not apply new accounting standards for the current year, maintaining consistency in financial reporting[25]