Kingsoft Office(SH:688111)2023-10-25 16:00Financial Performance - In Q3 2023, the company's operating revenue reached ¥1,098,217,286.48, representing a year-on-year increase of 9.40%[3] - The net profit attributable to shareholders was ¥293,954,535.50, with a year-to-date increase of 0.18% to ¥893,272,523.84[3] - The net profit after deducting non-recurring gains and losses was ¥284,253,443.29, reflecting a year-on-year increase of 13.36%[4] - For the first nine months of 2023, the company achieved operating revenue of 3.27 billion RMB, a year-on-year increase of 16.99%[12] - The net profit attributable to the parent company for the same period was 893.27 million RMB, reflecting a year-on-year growth of 9.86%[12] - The net profit for Q3 2023 was CNY 887,136,508.23, an increase from CNY 825,700,876.27 in Q3 2022, representing a growth of approximately 7.5%[22] - The total profit for Q3 2023 was CNY 938,062,837.19, an increase from CNY 881,256,783.74 in Q3 2022, representing a growth of approximately 6.4%[22] Cash Flow and Investments - The cash flow from operating activities amounted to ¥343,870,347.55, showing a significant increase of 41.21% year-on-year[4] - The net cash flow from operating activities for the first three quarters of 2023 was CNY 939,371,973.06, compared to CNY 860,357,785.26 in the same period of 2022, showing an increase of about 9.2%[25] - The investment activities generated a net cash outflow of CNY 4,263,323,907.04 in Q3 2023, compared to a net outflow of CNY 1,322,501,373.05 in Q3 2022, indicating a significant increase in investment expenditures[26] - The company reported a total investment income of CNY 159,666,262.28 for Q3 2023, compared to CNY 181,957,113.88 in Q3 2022, indicating a decrease of about 12.2%[22] Research and Development - The total R&D investment for the period was ¥358,819,702.21, accounting for 32.67% of operating revenue, a slight decrease of 1.88 percentage points compared to the previous year[4] - Research and development expenses for the first three quarters of 2023 amounted to ¥1,075,926,225.29, up from ¥972,099,970.24 in 2022, reflecting a growth of approximately 11%[21] Assets and Liabilities - The total assets at the end of the reporting period were ¥12,844,687,150.37, an increase of 6.53% from the end of the previous year[4] - Total liabilities reached ¥3,309,073,591.53 in Q3 2023, compared to ¥3,259,285,626.60 in Q3 2022, reflecting an increase of approximately 1.5%[19] - The total equity attributable to shareholders increased to ¥9,467,665,691.97 in Q3 2023 from ¥8,724,302,169.55 in Q3 2022, representing a growth of about 8.5%[20] - Current assets totaled RMB 9,775,316,168.50, with cash and cash equivalents at RMB 7,015,446,058.61[27] - Total liabilities reached RMB 3,269,936,263.52, with current liabilities at RMB 2,750,219,740.44[29] Shareholder Information - The company had a total of 14,242 common shareholders at the end of the reporting period[9] - Kingsoft WPS Corporation Limited held 51.63% of the shares, making it the largest shareholder[9] Operational Metrics - The number of monthly active devices for the company's main products reached 589 million, a year-on-year increase of 1.90%[15] - The monthly active devices for WPS Office PC version were 259 million, showing a year-on-year growth of 8.82%[14] - The domestic individual office service subscription business generated 649.72 million RMB in revenue, a year-on-year increase of 25.64%[13] - The domestic institutional subscription and service business revenue was 248.17 million RMB, reflecting a significant year-on-year increase of 36.13%[13] - The domestic institutional authorization business revenue decreased to 131.12 million RMB, a decline of 41.72% year-on-year[14] - The internet advertising promotion services and other businesses generated 67.82 million RMB, down 14.38% year-on-year[14]