CRCH(SH:600636)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥127,703,872.07, a decrease of 8.82% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥46,400,358.34, down 20.06% year-on-year[5]. - The basic earnings per share for Q3 2023 was ¥0.1054, reflecting a decline of 18.86% compared to the previous year[6]. - Total operating revenue for the first three quarters of 2023 was RMB 244,843,458.20, a decrease of 1.1% compared to RMB 249,544,013.37 in the same period of 2022[20]. - Net profit for Q3 2023 was CNY 57,901,170.99, down 16.9% from CNY 69,629,038.13 in Q3 2022[22]. - Operating profit for the first three quarters of 2023 was ¥123,359,854.03, up from ¥101,943,756.40 in 2022, reflecting a growth of 21.0%[32]. - Net profit for the first three quarters of 2023 was ¥123,669,351.49, compared to ¥102,460,197.98 in 2022, representing an increase of 20.7%[32]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,784,218,200.38, a decrease of 2.07% from the end of the previous year[6]. - As of September 30, 2023, total assets amounted to RMB 2,784,218,200.38, down from RMB 2,843,079,840.33 at the end of 2022, reflecting a decrease of approximately 2.1%[18]. - Total current assets as of September 30, 2023, were RMB 1,480,813,904.18, a decline of 2.9% from RMB 1,525,017,384.43 at the end of 2022[16]. - Total liabilities decreased to RMB 86,070,336.15 from RMB 157,869,177.09, indicating a significant reduction of approximately 45.5%[18]. - Total liabilities decreased to ¥45,703,877.78 as of September 30, 2023, down from ¥58,623,799.38 at the end of 2022, a reduction of 22.0%[30]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥25,141,695.13, down 11.85% compared to the previous year[6]. - Cash inflow from operating activities for the first three quarters of 2023 was ¥30,704,948.19, significantly higher than ¥12,218,602.07 in the same period of 2022, marking a growth of 151.5%[34]. - The net cash flow from operating activities for Q3 2023 was -24,459,190.92 RMB, compared to -22,441,803.98 RMB in Q3 2022, indicating a decline of approximately 9.0% year-over-year[35]. - Cash inflow from investment activities for the first nine months of 2023 was CNY 1,299,688,673.82, an increase of 52.2% compared to CNY 853,851,340.07 in the same period of 2022[25]. - The company reported a net increase in cash and cash equivalents of -263,882,780.28 RMB for Q3 2023, compared to -196,186,490.24 RMB in Q3 2022, reflecting a worsening cash position[35]. Shareholder Information - The company has a total of 43,392 common shareholders at the end of the reporting period[10]. - The company plans to cancel 1,812,233 shares from its repurchase account, which have not been utilized within the three-year holding period[13]. Expenses - Total operating costs for Q3 2023 were CNY 225,093,779.91, an increase of 8.7% compared to CNY 207,103,568.50 in Q3 2022[21]. - Research and development expenses for Q3 2023 were CNY 61,293,537.71, a decrease of 2.1% from CNY 62,587,567.99 in Q3 2022[21]. - Sales expenses for Q3 2023 increased to CNY 61,484,530.98, up 17.5% from CNY 52,301,709.93 in Q3 2022[21]. Strategic Initiatives - The company is focusing on market expansion and new product development as part of its strategic initiatives[45].