CNCEC(SH:601117)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥40,106,427,120.21, a decrease of 11.38% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥776,817,830.91, down 27.49% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥759,006,053.49, a decrease of 27.28% compared to the same period last year[3]. - Basic and diluted earnings per share for Q3 2023 were both ¥0.13, reflecting a decline of 27.78% year-on-year[4]. - In the first three quarters of 2023, the company achieved operating revenue of CNY 131.04 billion, a year-on-year increase of 9.15%[10]. - The net profit attributable to the parent company for the same period was CNY 3.72 billion, reflecting a slight increase of 0.08% year-on-year[10]. - The total profit for the first three quarters of 2023 was ¥4,654,277,376, a slight decrease of 1.0% from ¥4,703,144,315 in the same period of 2022[18]. - The net profit for the first three quarters of 2023 was approximately ¥2.25 billion, down 33.8% from ¥3.40 billion in the same period of 2022[27]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥211,713,906,532.59, an increase of 8.81% compared to the end of the previous year[4]. - The total liabilities of the company as of September 30, 2023, were CNY 150.29 billion, up from CNY 136.24 billion at the end of 2022[15]. - The company's total assets amounted to 43,501,153,008.73, compared to 42,837,383,951.37 at the end of 2022, indicating growth in asset base[24]. - The total liabilities decreased to 3,781,318,109.44 from 4,203,664,400.84 year-over-year, indicating a reduction in financial obligations[24]. Shareholder Information - Shareholders' equity attributable to shareholders at the end of Q3 2023 was ¥55,713,235,672.40, up 5.34% year-on-year[4]. - The total number of ordinary shareholders at the end of the reporting period was 120,225[7]. - The largest shareholder, China Chemical Engineering Group Corporation, held 40.24% of the shares[7]. - The company's equity attributable to shareholders increased to CNY 55.71 billion from CNY 52.89 billion at the end of 2022, indicating a strengthening of shareholder value[15]. Cash Flow - The company reported a net cash flow from operating activities of -¥3,366,690,905.45 for the year-to-date period[3]. - The company reported a total cash inflow from operating activities of ¥116,431,063,664 for the first three quarters of 2023, compared to ¥111,411,263,589 in 2022, indicating a growth of 4.5%[20]. - The net cash flow from operating activities for the first three quarters of 2023 was -3,366,690,905.45, an improvement from -6,384,550,623.16 in the same period of 2022, indicating a reduction in cash outflow[21]. - The company reported a total cash and cash equivalents net decrease of -4,652,812,092.40 for the first three quarters of 2023, an improvement from -11,143,099,435.91 in the same period of 2022[21]. Expenses and Costs - Total operating costs for the first three quarters of 2023 were ¥126,842,500,648, up from ¥116,077,460,946 in 2022, reflecting a year-over-year increase of 9.8%[17]. - Research and development expenses increased to ¥3,910,527,475, up 19.6% from ¥3,267,994,005 in the previous year[17]. - The company incurred financial expenses of approximately -¥151.88 million, compared to -¥107.29 million in the same period of 2022, indicating an increase in financial costs[26]. - The company experienced a decrease in tax expenses, which were ¥626,217,490 in 2023 compared to ¥756,135,913 in 2022, marking a reduction of 17.2%[18]. Investment Activities - The total cash inflow from investment activities was 2,491,806,466.74, significantly higher than 601,792,058.32 in the previous year, reflecting increased investment recovery[21]. - The cash outflow from investment activities was 5,697,970,574.90, up from 3,533,969,228.90 in the previous year, reflecting increased capital expenditures[21]. - The investment activities generated a net cash flow of approximately ¥1.17 billion, down from ¥1.81 billion in the same period of 2022[28]. Future Outlook - The company plans to continue focusing on high-quality development and aims to achieve its annual work targets despite external challenges[10].