OKE(SH:688308)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥271,940,566.02, a decrease of 0.71% compared to the same period last year[3]. - The net profit attributable to shareholders was ¥51,140,808.15, down 30.39% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥45,794,119.15, reflecting a decrease of 25.26% compared to the previous year[3]. - The basic earnings per share for the period was ¥0.32, a decline of 38.56% year-on-year[4]. - Net profit for the third quarter of 2023 was ¥159,572,839.61, down 15.36% from ¥188,476,380.95 in the same quarter of 2022[19]. - Total operating revenue for the first three quarters of 2023 reached ¥804,660,891.43, a slight increase of 0.13% compared to ¥799,597,303.52 in the same period of 2022[17]. - Total operating costs for the first three quarters of 2023 were ¥642,058,577.49, up from ¥601,076,482.75 in 2022, reflecting an increase of 6.81%[17]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,684,305,668.56, an increase of 16.13% from the end of the previous year[4]. - Total assets as of September 30, 2023, reached CNY 3,684,305,668.56, an increase from CNY 3,172,547,291.83 at the end of 2022, reflecting a growth of approximately 16.1%[13]. - Current assets totaled CNY 2,242,546,069.00, up from CNY 1,906,292,683.75, indicating an increase of about 17.6%[13]. - The company's total liabilities as of the end of the third quarter of 2023 amounted to ¥1,103,800,879.21, compared to ¥705,000,088.24 at the end of the same period in 2022, indicating a significant increase[18]. - Total liabilities increased to CNY 1,048,318,580.24 from CNY 639,239,356.53, representing a growth of approximately 64%[14]. Cash Flow - The cash flow from operating activities showed a net outflow of ¥60,687,985.16, a significant decrease of 142.71% compared to the previous year[3]. - Cash inflows from operating activities totaled ¥481,334,559.81, compared to ¥552,271,933.41 in the previous year, reflecting a decrease of 12.87%[20]. - Cash outflows from operating activities were ¥542,022,544.97, an increase from ¥410,184,467.73 in 2022, indicating a rise of 32.14%[20]. - The net cash flow from operating activities for Q3 2023 was -$60,687,985.16, compared to $142,087,465.68 in Q3 2022, indicating a significant decline[22]. - The net increase in cash and cash equivalents was -$219,876,253.26, contrasting with an increase of $89,063,520.72 in Q3 2022[22]. - The ending balance of cash and cash equivalents was $217,820,489.29, down from $262,950,400.57 at the end of Q3 2022[22]. Research and Development - Research and development expenses totaled ¥14,171,705.55, representing 5.21% of operating revenue, an increase of 0.24 percentage points[4]. - Research and development expenses for the first three quarters of 2023 were ¥38,663,147.45, down from ¥45,045,143.31 in the same period of 2022, a decrease of 14.14%[18]. Future Outlook - The company plans to focus on improving revenue structure and managing cash flow more effectively in the future[7]. - The company has not provided specific guidance for future performance in this report[12]. Other Information - The company reported a decrease in government subsidies received, impacting net profit[7]. - The company has not reported any new product launches or technological advancements during this quarter[12]. - There are no significant mergers or acquisitions reported in the current quarter[12].