中国卫通(601698) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥637,118,518.10, representing a decrease of 4.21% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was ¥139,841,623.19, down 42.40% year-over-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥115,116,675.76, a decrease of 23.06% compared to the previous year[4]. - Basic earnings per share for Q3 2023 were ¥0.0331, down 45.47% year-over-year[5]. - Total operating revenue for the first three quarters of 2023 was CNY 1,861,746,545.38, a decrease of 2.9% compared to CNY 1,918,230,515.12 in the same period of 2022[18]. - Net profit for the first three quarters of 2023 was CNY 521,534,891.02, down 19.5% from CNY 647,815,798.03 in the same period of 2022[19]. - The total comprehensive income for the first three quarters of 2023 was CNY 649,522,272.80, a decrease from CNY 1,315,134,649.48 in the previous year[20]. - The net profit attributable to shareholders of the parent company was CNY 406,061,494.44, down from CNY 526,315,173.52 in the same period of 2022, reflecting a decline of 22.8%[19]. - Operating profit for the first three quarters of 2023 was CNY 409,265,377.06, slightly up from CNY 407,060,272.92 in the previous year[27]. - Net profit for the first three quarters of 2023 was CNY 380,482,872.30, down 14.8% from CNY 446,787,988.74 in the same period of 2022[27]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥363,449,526.00, a decrease of 20.60% compared to the same period last year[5]. - Operating cash flow for Q3 2023 was CNY 715,416,471.91, a significant increase of 69.8% compared to CNY 421,739,121.29 in Q3 2022[22]. - The company’s cash flow from operating activities showed resilience, with cash inflows totaling CNY 1,632,398,289.40, compared to CNY 1,542,385,400.24 in the previous year, an increase of 5.8%[22]. - Cash and cash equivalents at the end of Q3 2023 were CNY 3,731,379,503.37, down from CNY 5,384,292,818.33 in Q3 2022, indicating a decrease of 30.7%[23]. - The company reported a net cash outflow from investment activities of CNY -1,187,024,803.65, worsening from CNY -903,539,828.39 in the previous year[23]. - The total cash outflow from investing activities was ¥2,746,900,303.68, up from ¥1,586,033,621.85 in the same period last year, indicating a year-over-year increase of about 73%[30]. - The company experienced a net decrease in cash and cash equivalents of ¥600,976,747.36 in Q3 2023, contrasting with an increase of ¥1,834,589,028.01 in Q3 2022, indicating a significant change in cash flow dynamics[30]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥23,417,336,970.23, an increase of 4.41% from the end of the previous year[5]. - Current assets totaled CNY 8,844,232,549.00, compared to CNY 8,083,159,238.97 in the previous year, indicating an increase of about 9.4%[15]. - Total liabilities reached CNY 3,868,822,157.59, compared to CNY 3,227,236,853.68, marking an increase of around 19.9%[16]. - The company reported a significant increase in inventory, which rose to CNY 38,128,930.01 from CNY 16,469,348.94, reflecting a growth of approximately 131.5%[15]. - Total liabilities as of the end of Q3 2023 amounted to CNY 5,082,961,232.43, up from CNY 4,343,638,442.86 at the end of Q3 2022, representing an increase of 17%[26]. - The total assets amounted to ¥22,428,111,562.56, slightly decreasing from ¥22,437,252,283.44 in the previous year, reflecting a marginal decline of approximately 0.04%[32]. - The total liabilities were ¥3,227,236,853.68, showing a slight increase from ¥3,227,454,151.86 year-over-year, indicating a growth of about 0.01%[33]. Equity and Shareholder Information - The equity attributable to shareholders at the end of Q3 2023 was ¥15,381,583,586.77, reflecting an increase of 1.82% compared to the end of the previous year[5]. - The total equity attributable to shareholders of the parent company rose to CNY 15,381,583,586.77, compared to CNY 15,107,113,000.11 in the previous year, marking an increase of 1.8%[17]. - Total equity increased to CNY 14,129,692,158.54 in Q3 2023 from CNY 13,933,609,788.39 in Q3 2022, marking a growth of 1.4%[26]. - The total equity attributable to shareholders was ¥15,107,113,000.11, a minor increase from ¥15,110,184,700.88, reflecting a growth of approximately 0.02%[33]. Government Support and Future Plans - The company received government subsidies amounting to ¥300,676.15 during the reporting period, which are closely related to its normal business operations[6]. - The company plans to continue focusing on market expansion and new technology development to enhance future performance[9]. - The company has not disclosed any new product launches or technological advancements during this quarter[12]. - The company has not provided specific guidance for future performance or market expansion strategies[12]. - The company is focusing on new product development and market expansion strategies to enhance competitive advantage[37]. - The board announced the financial results on October 30, 2023, highlighting the company's commitment to transparency and stakeholder communication[37].