NeuSoft(SH:600718)2023-10-27 16:00Financial Performance - For the first three quarters of 2023, the company achieved operating revenue of CNY 626,264,000, representing a year-on-year increase of 12.56%[7] - The net profit attributable to shareholders for the same period was CNY 13,476,000, an increase of 4.71% year-on-year[7] - The net profit after deducting non-recurring gains and losses surged by 323.57% to CNY 4,172,000[7] - In Q3 2023, the operating revenue was CNY 2,372,675,840, reflecting an 8.79% increase compared to the same period last year[15] - The net profit attributable to shareholders in Q3 2023 was CNY 39,695,833, a decrease of 13.08% year-on-year[15] - Basic earnings per share for the first three quarters was CNY 0.11, up 6.73% year-on-year[15] - Total operating revenue for the first three quarters of 2023 reached ¥6,262,639,137, an increase of 12.6% compared to ¥5,563,998,301 in the same period of 2022[24] - Net profit for the first three quarters of 2023 was ¥129,321,027, a slight increase from ¥125,909,423 in the same period of 2022[25] - Other comprehensive income after tax for Q3 2023 was reported at -¥9,557,406, contrasting with a positive figure of ¥15,838,779 in Q3 2022[26] Assets and Liabilities - The total assets as of the end of the reporting period amounted to CNY 19,293,979,565, a 2.24% increase from the previous year[15] - The equity attributable to shareholders reached CNY 9,527,819,174, marking a 3.14% increase year-on-year[15] - The total current assets as of September 30, 2023, amounted to RMB 11,353,725,010, an increase from RMB 10,954,526,793 at the end of 2022[22] - The inventory increased to RMB 6,434,495,317 as of September 30, 2023, compared to RMB 5,452,484,238 at the end of 2022[22] - The long-term equity investments reached RMB 3,835,064,353 as of September 30, 2023, up from RMB 3,791,309,865 at the end of 2022[22] - Current liabilities rose to ¥8,515,478,294 in Q3 2023, compared to ¥7,680,603,805 in Q3 2022, indicating a growth of 10.9%[23] Cash Flow - The cash flow from operating activities for the first three quarters was negative at CNY -394,331,745[15] - The net cash flow from operating activities decreased year-on-year, primarily due to a reduction in cash received from sales of goods and services[17] - The company reported a significant increase in cash flow from investment activities, with inflows of CNY 4,819,619,322 compared to CNY 5,780,461,182 in the previous year[13] - The company’s cash and cash equivalents decreased to ¥1,508,529,602 in Q3 2023 from ¥1,471,412,340 in Q3 2022[23] - The cash and cash equivalents decreased to RMB 1,865,393,656 as of September 30, 2023, from RMB 2,372,276,555 at the end of 2022[22] - The net cash flow from financing activities was -$88.00 million, an improvement from -$298.32 million previously[32] - The net decrease in cash and cash equivalents was -$567.68 million, compared to -$95.07 million last year[32] Research and Development - Research and development expenses for the first three quarters of 2023 amounted to ¥682,807,197, compared to ¥625,367,083 in the previous year, reflecting a growth of 9.2%[25] - The company received government subsidies amounting to RMB 24,333,133 during the reporting period, primarily related to research projects[17] Market and Technology - The company is actively expanding its market while continuing to advance technologies related to big data and artificial intelligence[19] Non-Recurring Gains and Losses - The total non-recurring gains and losses amounted to RMB 25,143,787 for the reporting period[17] - The company reported a fair value change loss of RMB 936,136 from trading financial assets and liabilities during the reporting period[17]