HDECL(SH:600726)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 3,464,027,551.04, a decrease of 11.71% compared to CNY 3,923,285,508.98 in the same period last year[19] - The net profit attributable to shareholders of the listed company was a loss of CNY 182,843,543.34, improving from a loss of CNY 605,612,190.70 year-on-year[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 274,291,423.04, compared to a loss of CNY 664,855,994.43 in the previous year[19] - Total operating revenue for Q3 2023 reached ¥13,545,309,833.16, an increase of 2.5% compared to ¥13,214,531,095.16 in Q3 2022[30] - Total operating costs increased to ¥12,257,344,255.23, up 3.6% from ¥11,830,148,556.17 in the same period last year[30] - Net profit from continuing operations for Q3 2023 was ¥813,131,323.26, compared to ¥382,365,754.85 in Q3 2022, reflecting a growth of 112.5%[32] - The company reported a total profit of ¥1,561,033,748.70 for Q3 2023, an increase of 28.3% from ¥1,216,305,603.80 in Q3 2022[32] - The total profit for the first three quarters of 2023 was ¥760,782,710.83, a significant recovery from a loss of ¥1,737,256,874.64 in the previous year[64] - The net profit for the first three quarters of 2023 was ¥760,782,710.83, compared to a net loss of ¥1,737,256,874.64 in the same period last year[64] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY 1,954,890,603.37, a decrease of 24.75% compared to CNY 2,597,849,816.72 in the previous year[19] - Cash flow from operating activities for the first nine months of 2023 was ¥15,440,014,465.26, compared to ¥14,774,803,241.78 in the same period of 2022, indicating a growth of 4.5%[33] - The net cash flow from operating activities for the first three quarters of 2023 was -¥190,743,693.96, an improvement compared to -¥559,685,883.28 in the same period of 2022[46] - The company reported cash inflows from investment activities totaling ¥1,984,503,445.01 in the first three quarters of 2023, significantly higher than ¥947,760,866.22 in the previous year[46] - Cash outflows from financing activities were ¥6,555,349,640.90 in the first three quarters of 2023, compared to ¥8,403,137,411.43 in the same period of 2022, indicating a reduction of approximately 22%[46] - The company's cash and cash equivalents decreased to ¥926,595,113.38 as of September 30, 2023, down from ¥1,222,161,051.34 at the end of 2022, representing a decline of about 24.2%[37] - Cash and cash equivalents at the end of the period decreased to 3,108,802,573.13 from 6,407,573,213.27, a drop of about 51.5%[58] - The net cash increase in cash and cash equivalents was negative at CNY -295.05 million in 2023 compared to a positive increase of CNY 106.80 million in 2022[79] Assets and Liabilities - The total assets at the end of the reporting period were CNY 29,464,630,124.34, reflecting a decrease of 10.73% from CNY 33,007,759,255.13 at the end of the previous year[20] - The company's total current assets decreased to ¥6,329,846,041.53 as of September 30, 2023, down 28.0% from ¥8,790,696,987.84 at the end of 2022[27] - The company's total liabilities and equity decreased to ¥20,961,869,385.15 from ¥22,271,563,504.07, indicating a reduction of 5.86%[63] - Total liabilities decreased from CNY 26.27 billion in 2022 to CNY 23.47 billion in 2023, a reduction of approximately 10.6%[73] - The company's total equity decreased from CNY 6.74 billion in 2022 to CNY 5.99 billion in 2023, a decline of about 11.1%[73] - The total current liabilities decreased from CNY 12.91 billion in 2022 to CNY 10.37 billion in 2023, a reduction of about 19.6%[73] - The total non-current liabilities decreased from CNY 13.36 billion in 2022 to CNY 13.10 billion in 2023, a decrease of approximately 1.9%[73] Shareholder Information - The company had a total of 139,513 common shareholders at the end of the reporting period, with the largest shareholder holding 59.79% of the shares[68] - The company reported a tax expense of ¥0 for the first three quarters of 2023, indicating a potential tax strategy or loss carryforward[64] Investment and Expenses - Research and development expenses for Q3 2023 were ¥6,272,494.38, a decrease of 28.1% compared to ¥8,729,612.55 in Q3 2022[30] - Investment income for the first three quarters of 2023 was ¥1,847,990,389.84, a turnaround from a loss of ¥258,193,040.43 in the previous year[63] - The financial expenses for the first three quarters of 2023 were ¥389,686,567.09, down from ¥570,524,262.19, a decrease of 31.66%[63] Other Comprehensive Income - Other comprehensive income for the first three quarters of 2023 was ¥131,573,563.58, compared to ¥122,765,858.50 in the same period of 2022, showing an increase of 7.36%[63]