Founder Securities(SH:601901)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,614,063,881.74, a decrease of 11.78% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was CNY 496,377,725.40, down 4.41% year-on-year[4]. - Total operating revenue for the first three quarters of 2023 was CNY 5,668,034,273.26, a decrease of 4.01% compared to CNY 5,905,407,247.06 in the same period of 2022[16]. - Net profit for the first three quarters of 2023 was CNY 1,946,236,418.54, down from CNY 2,028,719,646.27, a decline of 4.06%[16]. - The total operating income for Q3 2023 was approximately ¥1,552.96 billion, a decrease of 5.5% compared to ¥1,644.04 billion in Q3 2022[24]. - Net profit for Q3 2023 was approximately ¥1,532.48 billion, down from ¥1,587.63 billion in the same period last year, representing a decline of 3.5%[24]. - Total comprehensive income attributable to shareholders of the parent company was CNY 1,942,551,004.17, compared to CNY 1,867,843,394.33 in the previous year, an increase of 4.0%[17]. Assets and Liabilities - The total assets at the end of Q3 2023 reached CNY 206,734,525,449.55, reflecting a year-on-year increase of 13.83%[5]. - The total liabilities reached RMB 161.04 billion, compared to RMB 137.74 billion at the end of 2022, reflecting an increase of approximately 17.00%[14]. - The total assets as of September 30, 2023, amounted to CNY 176,089,212,427.51, an increase from CNY 156,091,967,727.36 in the previous year, representing a growth of about 12.8%[22]. - The total liabilities as of September 30, 2023, were CNY 131,988,954,604.60, up from CNY 113,431,407,447.71 in 2022, indicating an increase of approximately 16.4%[22]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -4,757,978,881.48, indicating a significant cash outflow[4]. - Cash flow from operating activities showed a net outflow of CNY 4,757,978,881.48, compared to a net outflow of CNY 4,701,558,544.30 in the previous year[18]. - The net increase in cash and cash equivalents for Q3 2023 was CNY 2,393,945,618.45, contrasting with a decrease of CNY 3,816,475,731.68 in Q3 2022[19]. - Cash and cash equivalents at the end of Q3 2023 stood at approximately ¥32.74 billion, down from ¥33.69 billion at the end of Q3 2022[26]. - The company reported a significant increase in cash inflow from financing activities, totaling approximately ¥8.79 billion in Q3 2023, compared to ¥1.97 billion in Q3 2022[26]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 185,050[9]. - The largest shareholder, New Founder Holdings Development Co., Ltd., held 28.71% of the shares, totaling 2,363,237,014 shares[9]. Earnings and Investments - The basic earnings per share for Q3 2023 was CNY 0.07, unchanged from the previous quarter[5]. - The weighted average return on equity decreased to 1.12%, down 0.10 percentage points from the previous year[5]. - Investment income increased significantly to CNY 930,431,481.29, up from CNY 453,851,789.79, marking a growth of 104.5%[16]. - The company's investment income for the first three quarters of 2023 was CNY 426,327,446.82, a significant increase from CNY 6,119,253.77 in the same period of 2022[23]. Financial Assets - The company reported a 193.15% increase in derivative financial assets, primarily due to valuation fluctuations of off-market options and swaps[7]. - The company reported a significant increase in trading financial assets, which rose to RMB 64.56 billion from RMB 37.00 billion, marking an increase of approximately 74.73%[13]. - The company’s derivative financial assets increased significantly to RMB 499.87 million from RMB 170.52 million, representing a growth of approximately 194.36%[13].