NSIG(SH:688126)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 816.35 million, a decrease of 14.05% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was CNY 25.16 million, down 64.51% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was a loss of CNY 38.37 million, a decline of 160.03% compared to the previous year[6]. - Total revenue for the first three quarters of 2023 was CNY 2,390,165,982.90, a decrease of 7.93% compared to CNY 2,596,173,447.15 in the same period of 2022[24]. - Net profit for the third quarter of 2023 was CNY 190,086,429.92, an increase of 42.00% from CNY 133,878,932.65 in the same quarter of 2022[25]. - The net profit for the first three quarters of 2023 reached CNY 139,454.87 million, a significant increase from CNY 5,282.15 million in the same period of 2022, representing a growth of approximately 2,545%[36]. - The total profit for the first three quarters of 2023 was CNY 152,183.23 million, compared to CNY 5,282.15 million in 2022, marking a substantial increase[36]. Research and Development - The total R&D investment for Q3 2023 was CNY 69.49 million, accounting for 8.51% of operating revenue, an increase of 1.83 percentage points year-on-year[7]. - Research and development expenses for the first three quarters of 2023 were CNY 175,241,771.59, an increase from CNY 155,258,445.49 in the same period of 2022, indicating a growth of 12.87%[24]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 26.65 billion, representing a 4.66% increase from the end of the previous year[7]. - Total current assets decreased to approximately RMB 8.71 billion from RMB 10.74 billion, a decline of 18.9%[18]. - Non-current assets increased to approximately RMB 17.94 billion from RMB 14.72 billion, an increase of 21.5%[19]. - The total liabilities increased to CNY 6,425,969,226.54 in Q3 2023 from CNY 5,916,279,004.57 in Q3 2022, representing an increase of 8.59%[24]. - The total equity attributable to shareholders reached CNY 14,843,154,327.27 in Q3 2023, compared to CNY 14,290,996,715.48 in Q3 2022, marking an increase of 3.85%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was a negative CNY 175.49 million, a decline of 126.27% year-on-year[11]. - The net cash flow from operating activities for Q3 2023 was -175,492,292.63 RMB, a significant decrease compared to 667,959,570.41 RMB in Q3 2022[28]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 2,469,879,173.12, slightly up from CNY 2,463,813,276.03 in the same period of 2022[27]. - The company reported a net cash flow from operating activities of CNY -21,485.38 million for the first three quarters of 2023, down from CNY 2,070.49 million in the same period of 2022[38]. - The company reported a financial expense of CNY -2,924.77 million in the first three quarters of 2023, compared to CNY -3,612.82 million in 2022, indicating a reduction in financial costs[35]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 64,059[15]. - The largest shareholder, National Integrated Circuit Industry Investment Fund Co., Ltd., holds 567 million shares, accounting for 20.64% of total shares[15]. Market and Investment Strategy - The company experienced a significant decline in silicon wafer revenue due to the cyclical adjustment in the semiconductor industry[11]. - The company plans to continue investing in expansion projects despite the current market challenges[11]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]. - The company has not disclosed any new product or technology developments, market expansion, or acquisition strategies in the current report[17].