2021-10-22 16:00Financial Performance - The company's operating revenue for Q3 2021 reached CNY 108.99 billion, representing a year-on-year increase of 10.8%[4] - Net profit attributable to shareholders was CNY 5.58 billion, up 17.4% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses increased by 35.4% to CNY 6.31 billion[4] - Basic earnings per share for the quarter were CNY 0.06, with a year-to-date figure of CNY 0.28, reflecting a 21.7% increase[5] - The company's total revenue for the first three quarters of 2021 was RMB 326.536 billion, a 12.3% increase year-on-year, with service revenue at RMB 304.271 billion, up 8.3%[14] - The net profit attributable to the parent company for the first three quarters of 2021 was RMB 23.327 billion, an increase of 24.7% compared to the same period in 2020[14] - The net profit attributable to shareholders of the parent company for Q3 2021 was CNY 23,326,518,964, an increase from CNY 18,705,620,919 in Q3 2020, representing a growth of approximately 24.3%[25] - The total comprehensive income for Q3 2021 was CNY 23,284,456,142, up from CNY 18,622,702,083 in Q3 2020, indicating a growth of about 25.5%[25] - Net profit for Q3 2021 reached CNY 23,058,046,373, an increase of 33.5% compared to CNY 17,268,639,932 in Q3 2020[36] - Operating profit for Q3 2021 was CNY 33,496,459,082, up 35.7% from CNY 24,681,695,132 in the same period last year[36] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 763.27 billion, a 6.7% increase from the end of the previous year[5] - The total assets of the company as of the end of the third quarter were CNY 763.27 billion, compared to CNY 715.10 billion at the end of the previous year, marking a growth of 6.73%[21] - Total liabilities decreased to CNY 334.59 billion from CNY 348.92 billion, a reduction of 4.09%[21] - The company's equity attributable to shareholders increased to CNY 426.21 billion, up from CNY 363.46 billion, reflecting a growth of 17.28%[21] - Current assets as of September 30, 2021, totaled CNY 114.72 billion, significantly higher than CNY 51.99 billion at the end of 2020, indicating a growth of 120.4%[33] - Non-current assets amounted to CNY 627.77 billion as of September 30, 2021, slightly down from CNY 637.38 billion at the end of 2020, a decrease of 1.0%[33] - Total liabilities as of September 30, 2021, were CNY 334.61 billion, a decrease from CNY 343.55 billion at the end of 2020, reflecting a reduction of 2.7%[34] - Shareholders' equity increased to CNY 407.88 billion, up from CNY 345.82 billion at the end of 2020, representing a growth of 18.0%[34] Cash Flow - The company reported a net cash flow from operating activities of CNY 120.81 billion for the year-to-date, up 20.4%[4] - Cash flow from operating activities for the first three quarters of 2021 was CNY 120,814,566,827, compared to CNY 100,307,327,506 in the same period of 2020, marking an increase of approximately 20.5%[27] - Cash inflow from investment activities in Q3 2021 totaled CNY 14,345,072,860, significantly higher than CNY 4,925,911,430 in Q3 2020[29] - The net cash flow from financing activities in Q3 2021 was CNY (7,992,619,895), a decrease from CNY (44,540,857,715) in Q3 2020, indicating improved cash management[29] - The total cash and cash equivalents at the end of Q3 2021 reached CNY 85,644,304,961, compared to CNY 31,377,904,291 at the end of Q3 2020, showing a substantial increase of 173.5%[29] - The company recorded a net increase in cash flow from investment activities of CNY (50,814,520,037) for the first three quarters of 2021, compared to CNY (45,142,270,447) in the same period of 2020[29] - Cash inflow from financing activities totaled ¥100,001,322,408, significantly higher than last year's ¥43,948,988,076[42] - The net cash flow from financing activities was negative at ¥9,160,043,069, improving from the previous year's negative ¥45,718,936,318[42] - The total cash and cash equivalents at the end of the period reached ¥69,229,254,604, up from ¥16,655,542,985 in the same period last year[42] User Growth and Market Position - As of September 30, 2021, the total mobile users reached 36.966 million, an increase from 34.935 million in the same period of 2020[11] - The net increase in mobile users for the third quarter of 2021 was 1.864 million, compared to 1.378 million in the same period of 2020[14] - The number of 5G package users reached 15.554 million, with a net increase of 6.904 million users in the third quarter of 2021, up from 6.019 million in the same period of 2020[14] - Total mobile internet traffic reached 3,397.72 million TB, a year-on-year increase of 39.3%[14] Research and Development - Research and development expenses increased by 29.7% year-on-year to RMB 2.937 billion, reflecting the company's focus on technology innovation[16] - Research and development expenses increased to CNY 2.94 billion, up 29.63% from CNY 2.26 billion in the previous year[23] - Research and development expenses increased to CNY 1,710,250,393, representing a 34.7% rise from CNY 1,268,979,324 in Q3 2020[36] Strategic Focus - The company is focusing on digital transformation and 5G development opportunities to enhance investment and cost control[8] - The company aims to leverage the current strategic opportunities to transform into a service-oriented, technology-driven, and secure enterprise, enhancing its digital economy capabilities[16]