USISH(SH:601231)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥16,191,371,617.51, a decrease of 21.36% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2023 was ¥625,253,216.58, down 42.45% year-on-year[4] - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥580,788,156.35, a decline of 46.87% compared to the previous year[4] - Basic earnings per share for Q3 2023 were ¥0.29, representing a decrease of 40.80% year-on-year[4] - The company reported a total comprehensive income of CNY 1,478,237,583.61 for Q3 2023, down from CNY 2,365,738,499.47 in Q3 2022[21] - Net profit attributable to shareholders of the parent company for Q3 2023 was CNY 1,392,521,041.91, down 36.0% from CNY 2,171,043,880.73 in Q3 2022[20] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥39,987,236,201.94, an increase of 3.66% from the end of the previous year[5] - The total assets as of September 30, 2023, reached RMB 39,987,236,201.94, compared to RMB 38,574,464,731.16 at the end of 2022[16] - Total liabilities increased to CNY 23,657,879,208.71 in Q3 2023, compared to CNY 22,824,625,585.61 in Q3 2022, reflecting a growth of 3.7%[20] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥4,140,305,333.42, an increase of 255.18% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2023 was RMB 4,140,305,333.42, a significant increase from RMB 1,165,693,501.44 in the same period of 2022, representing a growth of approximately 255%[22] - The net cash flow from financing activities was negative at RMB -1,054,582,800.40, a decline from a positive cash flow of RMB 227,691,392.52 in the same period last year[22] - The cash inflow from financing activities was RMB 12,791,573,864.89, down from RMB 14,490,545,874.11 in the previous year, indicating a decrease of about 12%[22] Revenue Breakdown - For the first three quarters of 2023, total revenue decreased by 13.07% year-on-year to RMB 4,305,700.58 million, down from RMB 4,953,002.36 million in the same period of 2022[12] - The revenue from communication products dropped by 19.77% year-on-year to RMB 1,479,190.42 million, while consumer electronics revenue decreased by 7.05% to RMB 1,426,072.03 million[12] - The company has identified a significant increase in revenue from medical electronic products, which rose by 64.84% year-on-year to RMB 25,900.85 million[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,223[9] - The largest shareholder, Huan Cheng Technology Co., Ltd., held 76.27% of the shares[9] Expenses - Research and development expenses for the first three quarters of 2023 were CNY 1,278,782,603.25, slightly down from CNY 1,305,838,596.14 in the same period of 2022[20] - The company's financial expenses for Q3 2023 were CNY 109,914,946.62, compared to a gain of CNY 22,945,030.27 in Q3 2022[20] Inventory and Borrowings - The inventory as of September 30, 2023, was RMB 10,211,769,143.24, down from RMB 10,909,893,675.82 at the end of 2022[16] - The company’s short-term borrowings increased to RMB 5,080,951,564.93 as of September 30, 2023, compared to RMB 4,499,463,404.21 at the end of 2022[16]