CATEC(SH:600879)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥3,319,008,906.86, a decrease of 6.86% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥124,499,194.37, down 15.08% year-over-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥100,990,652.89, a decline of 25.64% compared to the previous year[3]. - The basic earnings per share for Q3 2023 was ¥0.037, a decrease of 31.48% year-over-year[4]. - The diluted earnings per share for Q3 2023 was also ¥0.037, reflecting a 31.48% decline compared to the same period last year[4]. - The weighted average return on equity for Q3 2023 was 0.617%, a decrease of 0.451 percentage points year-over-year[4]. - The total operating revenue for the first three quarters of 2023 reached ¥12,958,653,653.24, an increase from ¥12,287,398,273.67 in the same period of 2022, representing a growth of approximately 5.5%[18]. - Net profit for Q3 2023 was ¥528,104,440.34, compared to ¥519,542,462.63 in Q3 2022, reflecting a growth of approximately 1.1%[19]. - The total comprehensive income for Q3 2023 was ¥530,036,461.96, compared to ¥524,801,104.80 in Q3 2022, reflecting a slight increase of approximately 1.4%[20]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥46,744,662,715.70, representing a 5.67% increase from the end of the previous year[4]. - The equity attributable to shareholders at the end of Q3 2023 was ¥20,119,441,034.51, an increase of 28.61% compared to the same period last year[4]. - The company's total liabilities decreased to ¥22,934,030,678.77 in Q3 2023 from ¥25,051,785,619.33 in Q3 2022, a reduction of about 8.4%[17]. - Total assets as of September 30, 2023, amounted to CNY 46,744,662,715.70, an increase from CNY 44,234,849,950.72 at the end of 2022[13]. - Current assets reached CNY 39,824,887,474.37, up from CNY 37,215,137,684.98 in the previous year[15]. - Accounts receivable increased significantly to CNY 11,113,861,574.87 from CNY 6,971,990,552.45[13]. - Inventory value rose to CNY 19,983,133,217.01 compared to CNY 18,797,054,189.24 in the previous year[15]. - Short-term borrowings decreased to CNY 1,920,000,000.00 from CNY 5,155,500,000.00[15]. - Total liabilities included accounts payable of CNY 11,869,328,923.81, up from CNY 8,612,470,976.19[15]. - The company reported a significant increase in prepayments, totaling CNY 3,770,352,203.24, compared to CNY 4,039,748,726.33 previously[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥2,068,134,377.27, with a year-over-year increase of 26.26%[4]. - The net cash flow from operating activities for the first three quarters of 2023 was -2,068,134,377.27 RMB, an improvement from -2,804,670,953.89 RMB in the same period of 2022[22]. - Total cash inflow from operating activities increased to 9,213,254,236.69 RMB in 2023, compared to 8,236,032,133.64 RMB in 2022, reflecting a growth of approximately 11.9%[22]. - Cash outflow from operating activities was 11,281,388,613.96 RMB, slightly higher than 11,040,703,087.53 RMB in the previous year[22]. - The company reported a net cash flow from investing activities of -307,368,487.14 RMB, an improvement from -621,654,592.87 RMB in the same period last year[22]. - Cash inflow from financing activities reached 17,835,443,683.07 RMB, significantly up from 13,888,939,289.91 RMB in 2022, marking an increase of approximately 28.3%[22]. - The net cash flow from financing activities was 753,850,488.40 RMB, down from 2,716,336,510.09 RMB in the previous year[23]. - The ending balance of cash and cash equivalents was 3,234,111,668.00 RMB, compared to 1,300,640,453.80 RMB at the end of the same period in 2022, indicating a substantial increase[23]. - The company received 4,257,421,998.00 RMB from investment absorption, a significant increase from 500,000,000.00 RMB in the previous year[22]. - The company paid 16,614,700,000.00 RMB in debt repayment, which is an increase from 11,005,500,000.00 RMB in the same period last year[22]. - The cash inflow from other financing activities was 90,821,685.07 RMB, down from 232,939,289.91 RMB in the previous year[22]. Shareholder Information - The company has a total of 129,999 common shareholders as of the reporting date[10]. - The largest shareholder, China Aerospace Times Electronics Co., Ltd., holds 586,634,344 shares, representing 17.78% of total shares[10]. - The company has no known related party transactions among the top shareholders[11]. Research and Development - Research and development expenses for the first three quarters of 2023 were ¥573,037,233.01, slightly down from ¥589,627,419.06 in the same period of 2022, a decrease of about 2.8%[18]. - The company reported a decrease in financial expenses to ¥136,637,515.49 in Q3 2023 from ¥166,860,660.15 in Q3 2022, a reduction of approximately 18.1%[18].