Sugon(SH:603019)2023-10-26 16:00Financial Performance - Q3 2023 revenue reached ¥2,357,446,256.66, a slight decrease of 0.27% year-over-year, while year-to-date revenue increased by 5.03% to ¥7,758,143,949.52[3] - Net profit attributable to shareholders was ¥205,528,139.41, up 20.11% year-over-year, with year-to-date net profit at ¥750,275,354.57, reflecting a 14.78% increase[3] - The net profit excluding non-recurring items for Q3 was ¥92,002,303.59, a 29.31% increase year-over-year, while year-to-date it reached ¥409,587,820.02, up 16.59%[3] - Basic and diluted earnings per share for Q3 were both ¥0.15, representing a 25% increase compared to the same period last year[4] - Net profit for Q3 2023 reached ¥788,277,066, an increase of 14.3% compared to ¥689,863,248 in Q3 2022[20] - Operating profit for Q3 2023 was ¥971,384,570, up from ¥829,458,474 in the same period last year, reflecting a growth of 17.1%[20] - Total comprehensive income for Q3 2023 amounted to ¥788,795,346.54, compared to ¥695,491,072.16 in Q3 2022, indicating an increase of 13.4%[20] - Basic and diluted earnings per share for Q3 2023 were both ¥0.52, up from ¥0.45 in Q3 2022, representing a growth of 15.6%[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥30,719,159,993.84, a decrease of 3.43% from the end of the previous year[4] - Total assets as of September 30, 2023, were CNY 30,719,159,993.84, compared to CNY 31,810,174,007.19 at the end of 2022, reflecting a decrease of 3.44%[17] - Total liabilities decreased to CNY 12,471,869,394.05 from CNY 14,069,585,752.92, a reduction of 11.36%[16] - Total liabilities were approximately $14.07 billion, reflecting a slight increase from previous reports[28] - Total equity attributable to shareholders was approximately $17.02 billion, showing a minor decrease of $214,865.89[28] - Non-current assets totaled approximately $14.99 billion, with a slight adjustment noted in deferred tax assets[27] Cash Flow and Investments - Cash flow from operating activities for the period was ¥841,821,632.67[4] - Cash flow from operating activities for the first nine months of 2023 was ¥841,821,632.67, a significant recovery from a negative cash flow of -¥1,762,469,768.74 in the same period last year[23] - Cash and cash equivalents at the end of Q3 2023 stood at ¥5,261,875,471.23, compared to ¥4,472,330,909.33 at the end of Q3 2022, showing an increase of 17.7%[24] - Total cash inflow from investment activities in the first nine months of 2023 was ¥174,985,111.56, down from ¥634,454,867.06 in the same period last year[23] - Cash outflow from financing activities in Q3 2023 was ¥991,019,479.09, compared to ¥1,146,147,722.27 in Q3 2022, indicating a decrease of 13.6%[24] - The company experienced a net cash outflow of ¥616,054,684.10 in Q3 2023, compared to a net outflow of ¥1,825,752,086.24 in Q3 2022, reflecting an improvement in cash management[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 237,773[10] - The largest shareholder, Beijing Zhongke Sanyuan Asset Management Co., Ltd., holds 16.36% of the shares, totaling 239,388,281 shares[11] Operating Costs and Expenses - Total operating costs for the first three quarters of 2023 amounted to CNY 7,223,366,270.50, up from CNY 6,920,067,010.78 in 2022, reflecting a growth of 4.39%[18] - Research and development expenses for the first three quarters of 2023 were CNY 858,494,686.27, compared to CNY 777,485,069.12 in 2022, indicating an increase of 10.41%[18] Government Subsidies - The company received government subsidies amounting to ¥100,307,284.89 during the quarter, contributing to its financial performance[6]