2023-10-26 16:00Financial Performance - The company's operating income for Q3 2023 was approximately CNY 1.58 billion, a decrease of 55.62% year-over-year[5]. - Net profit attributable to shareholders for Q3 2023 was approximately CNY 1.97 billion, an increase of 51.41% year-over-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was approximately -CNY 408 million, a decrease of 136.18% year-over-year[5]. - Basic earnings per share for Q3 2023 was CNY 0.40, an increase of 53.85% year-over-year[5]. - Total revenue for the first three quarters of 2023 was CNY 7,755,088,577.40, a decrease of 13.1% compared to CNY 8,923,312,892.49 in the same period of 2022[21]. - Net income for Q3 2023 reached ¥4,385,151,561.04, a significant increase from ¥3,454,112,251.30 in Q3 2022, representing a growth of approximately 27%[22]. - Total operating revenue for the first three quarters of 2023 was CNY 5,560,707,541.92, a decrease of 5.2% compared to CNY 5,866,425,215.28 in the same period of 2022[28]. - Net profit for the first three quarters of 2023 was CNY 1,954,272,529.05, a decrease of 33.9% compared to CNY 2,958,515,821.09 in 2022[28]. Assets and Liabilities - Total assets at the end of Q3 2023 were approximately CNY 247.85 billion, a decrease of 4.07% compared to the end of the previous year[5]. - Total assets as of September 30, 2023, amounted to CNY 247,845,189,128.42, a decrease of 4.4% from CNY 258,354,482,199.15 at the end of 2022[20]. - Total liabilities decreased to CNY 179,843,123,903.79 as of September 30, 2023, down 7.1% from CNY 193,570,043,664.89 at the end of 2022[20]. - The company's total owner’s equity as of September 30, 2023, was CNY 66,435,075,784.06, an increase from CNY 65,617,882,655.56 at the end of 2022, representing a growth of 1.2%[27]. Cash Flow - The company's cash flow from operating activities for the year-to-date was approximately -CNY 2.51 billion, indicating a net cash outflow[5]. - Cash flow from operating activities for the first nine months of 2023 was negative at ¥2,511,471,974.88, compared to a positive cash flow of ¥13,699,197,394.29 in the same period of 2022[24]. - The net cash flow from operating activities for the first three quarters of 2023 was -611,314,038.00 RMB, a decrease from 3,500,204,393.85 RMB in the same period of 2022[30]. - The company reported a net increase in cash and cash equivalents of -8,672,791,167.04 RMB for the period, compared to -5,547,715,595.16 RMB in the same period of 2022[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 188,371, with the top ten shareholders holding a combined 25.15% and 20.73% of shares respectively[12]. - The top shareholder, China Everbright Group Co., Ltd., holds 1,159,456,183 shares, representing 25.15% of the total shares[12]. Other Financial Metrics - The company reversed an estimated liability of CNY 2.15 billion as a non-recurring gain due to a settlement agreement[6]. - The weighted average return on equity for Q3 2023 was 3.27%, an increase of 1.06 percentage points year-over-year[5]. - The company recorded a significant decrease in income tax expenses by 49.66%, amounting to 414,205,124.99, attributed to a reduction in taxable income[11]. - The company’s long-term equity investments increased to CNY 11,618,660,534.21 from CNY 9,397,224,078.68, reflecting a growth of 23.5%[27]. - The company’s derivative financial assets increased to CNY 1,527,902,816.21, up 38.0% from CNY 1,107,394,749.60 at the end of 2022[20].