ARGUS(SH:603790)2023-10-20 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥202,433,686.32, representing a year-on-year increase of 22.22%[5] - The net profit attributable to shareholders for Q3 2023 was ¥20,735,504.72, showing a significant increase of 118.55% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,379,468.69, reflecting a growth of 204.51% year-on-year[5] - Basic and diluted earnings per share for Q3 2023 were both ¥0.11, an increase of 120% year-on-year[6] - The weighted average return on equity for Q3 2023 was 1.74%, an increase of 0.92 percentage points compared to the previous year[6] - Total operating revenue for Q3 2023 was CNY 592,849,119.70, a decrease of 5.4% compared to CNY 625,450,534.91 in Q3 2022[21] - Net profit for Q3 2023 was CNY 55,745,283.17, a decrease of 2.8% from CNY 57,326,808.65 in Q3 2022[22] - Earnings per share for Q3 2023 were CNY 0.29, compared to CNY 0.31 in Q3 2022[23] - The total comprehensive income for Q3 2023 was CNY 56,506,729.12, slightly down from CNY 57,349,460.54 in Q3 2022[23] Cash Flow and Assets - The cash flow from operating activities for Q3 2023 was ¥24,182,347.71, a decrease of 58.28% compared to the previous year[6] - Cash and cash equivalents were reported at RMB 184,038,900.42, down from RMB 197,121,608.35 in the previous year, indicating a decrease of about 6.0%[15] - The company reported a total of 52,911,040 shares held by its largest shareholder, Xie Bing, representing a significant portion of the total shares outstanding[13] - Cash flow from operating activities for the first nine months of 2023 was CNY 394,061,832.20, down from CNY 437,933,491.47 in the same period of 2022[24] - The net cash flow from operating activities for Q3 2023 was $74,093,211.47, a decrease of 29.5% compared to $104,839,596.92 in Q3 2022[25] - The total cash and cash equivalents at the end of Q3 2023 stood at $154,069,171.57, down from $229,983,025.60 at the end of Q3 2022[25] Liabilities and Equity - Total assets at the end of Q3 2023 amounted to ¥1,696,121,917.69, an increase of 4.59% from the end of the previous year[6] - Shareholders' equity attributable to the parent company was ¥1,223,558,617.64, up 3.84% from the end of the previous year[6] - The total liabilities of the company as of September 30, 2023, were RMB 340,723,560.07, up from RMB 235,589,111.70, indicating an increase of about 44.6%[16] - Total liabilities as of Q3 2023 amounted to CNY 392,979,927.06, an increase from CNY 364,107,072.45 in the previous year[21] - Total equity as of Q3 2023 was CNY 1,303,141,990.63, up from CNY 1,257,588,675.22 in Q3 2022[21] Operational Costs and Expenses - Total operating costs for Q3 2023 were CNY 538,535,461.43, down from CNY 553,766,722.48 in Q3 2022, reflecting a reduction of 2.7%[21] - Research and development expenses for Q3 2023 were CNY 29,662,954.89, a decrease from CNY 34,138,561.90 in Q3 2022[21] - Cash paid to employees was $75,081,471.08, compared to $81,145,416.31 in Q3 2022, reflecting a decrease of 7.5%[25] - Cash paid for various taxes was $42,966,684.80, an increase of 42.5% from $30,145,457.16 in the same quarter last year[25] Acquisition Plans - The company plans to acquire 100% of Chengdu Eagle Ming Zhitong Technology Co., with the transaction still pending necessary approvals and internal decision-making processes[14] - The company has not yet completed the necessary audit and evaluation work related to the acquisition, which introduces uncertainty regarding the transaction's implementation[14] Shareholder Information - The company reported a total of 8,357 common shareholders at the end of the reporting period[12] - The largest shareholder, Xie Bing, holds 27.65% of the shares, with 7,750,000 shares pledged[12]