2023-10-20 16:00Financial Performance - The total operating revenue for Q3 2023 was ¥122.42 billion, representing a 4.1% increase year-over-year[2] - The net profit attributable to shareholders for Q3 2023 was ¥6.95 billion, an increase of 11.1% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6.77 billion, reflecting an 8.9% year-over-year increase[2] - The basic earnings per share for Q3 2023 was ¥0.08, up 11.1% from the previous year[3] - The diluted earnings per share for Q3 2023 was also ¥0.08, marking an 11.1% increase year-over-year[3] - The weighted average return on equity for Q3 2023 was 1.58%, an increase of 0.13 percentage points compared to the previous year[3] - The net profit attributable to shareholders for the first three quarters of 2023 was RMB 27.101 billion, an increase of 10.4% compared to the same period last year[10] - Total operating revenue for the first three quarters of 2023 reached RMB 381.10 billion, an increase of 6.5% compared to RMB 357.84 billion in the same period of 2022[16] - Net profit for the first three quarters of 2023 was RMB 27.14 billion, up 10.2% from RMB 24.64 billion in the first three quarters of 2022[16] - The company's total comprehensive income for the first three quarters of 2023 was CNY 25.66 billion, compared to CNY 23.70 billion in the same period of 2022, an increase of 8.3%[24] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥835.60 billion, a 3.5% increase from the end of the previous year[3] - The equity attributable to shareholders at the end of Q3 2023 was ¥439.29 billion, reflecting a 1.7% increase year-over-year[3] - Total liabilities increased to ¥391.93 billion, up from ¥371.27 billion at the end of 2022, marking a rise of 5.0%[14] - The company’s total liabilities as of September 30, 2023, were CNY 383.95 billion, compared to CNY 392.57 billion at the end of 2022, showing a decrease of approximately 2.2%[20] - The company’s total equity reached CNY 414.33 billion, up from CNY 408.71 billion, indicating a growth of 1.4%[21] Cash Flow - Net cash flow from operating activities for the first nine months of 2023 was CNY 112.99 billion, a decrease from CNY 116.49 billion in the same period of 2022, reflecting a decline of about 3.8%[18] - The net cash flow from operating activities for the first three quarters of 2023 was RMB 120.58 billion, slightly down from RMB 122.46 billion in 2022, a decrease of approximately 1.5%[25] - The company reported a net cash outflow from investing activities of CNY 60.24 billion for the first nine months of 2023, compared to CNY 66.99 billion in the same period of 2022, reflecting an improvement of approximately 9.9%[18] - The cash inflow from financing activities decreased to RMB 2.43 billion in 2023, down from RMB 10.00 billion in 2022, a decline of approximately 75.7%[25] - The total cash and cash equivalents at the end of Q3 2023 amounted to RMB 68.82 billion, an increase from RMB 66.99 billion at the end of Q3 2022, representing a growth of approximately 2.7%[25] User Growth and Services - The company added 14.63 million mobile users, reaching a total of approximately 406 million mobile users[10] - The number of 5G package users increased by 39.65 million, totaling around 308 million users, with a penetration rate of 75.8%[10] - The company's broadband and smart home services revenue reached RMB 92.905 billion, growing by 3.9% year-on-year[11] - The revenue from industrial digitalization business was RMB 99.741 billion, reflecting a year-on-year increase of 16.5%[11] - The average revenue per user (ARPU) for mobile users was RMB 45.6, showing a slight increase of 0.2% year-on-year[10] Research and Development - Research and development expenses for the first three quarters amounted to RMB 7.335 billion, up 24.0% year-on-year, driven by increased investment in key technology areas[11] - Research and development expenses increased to CNY 4.34 billion in the first three quarters of 2023, up from CNY 3.19 billion in the same period of 2022, marking a growth of 35.9%[23] Guarantees and Financial Management - The company provided guarantees totaling RMB 20.58 million for its subsidiaries, with a new guarantee plan for 2023 amounting to RMB 39.35 million[27][28] - The company has issued various performance guarantees and prepayment guarantees, including RMB 5.1 million and RMB 2.2 million for different subsidiaries[30] - The company has not reported any overdue guarantees, indicating a stable financial position regarding its guarantee obligations[31] - The report highlights the company's commitment to maintaining a low-risk profile in its guarantee activities[31]