CRM(SH:688396)2023-10-27 16:00Financial Performance - The total revenue for Q3 2023 was CNY 2,500,207,975.40, representing a slight increase of 0.57% compared to CNY 2,485,960,150.57 in the same period last year[4]. - Net profit attributable to shareholders was CNY 278,274,914.39, a decrease of 60.40% from CNY 703,145,353.73 year-on-year[5]. - The net profit after deducting non-recurring gains and losses was CNY 187,860,458.52, down 66.18% from CNY 555,961,583.45 in the previous year[5]. - The basic earnings per share (EPS) for the quarter was CNY 0.2108, a decline of 60.40% compared to CNY 0.5326 in the same quarter last year[5]. - Total revenue for the first three quarters of 2023 was CNY 7,529,983,764.65, a decrease of 1.34% compared to CNY 7,631,706,678.53 in the same period of 2022[19]. - Operating profit for Q3 2023 was ¥1,207.16 million, down 38.7% from ¥1,971.02 million in Q3 2022[21]. - Total revenue from operating activities for the first three quarters of 2023 was ¥6,375.57 million, a decline of 12.0% compared to ¥7,254.65 million in the same period of 2022[24]. - The basic earnings per share for Q3 2023 was ¥0.8001, a decrease of 48.7% compared to ¥1.5584 in Q3 2022[22]. - Total comprehensive income for Q3 2023 was approximately ¥1,036.89 million, down 48.1% from ¥1,999.25 million in Q3 2022[22]. Research and Development - Research and development (R&D) expenses totaled CNY 321,937,543.80, an increase of 36.83% year-on-year, representing 12.88% of total revenue[5]. - Total R&D investment increased by 36.83% in the current reporting period, reflecting the company's commitment to enhancing its research capabilities[11]. - Research and development expenses increased to ¥868.87 million, up 40.2% from ¥619.66 million in the same period last year[21]. Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 1,272,382,877.32, a decrease of 46.44% compared to CNY 2,375,653,073.57 in the previous year[5]. - The net cash flow from investment activities was -4,834,358,474.82, a significant decrease compared to -1,438,977,790.20 from the previous period, indicating a decline in investment returns[25]. - Cash inflow from financing activities totaled 2,601,308,556.78, up from 1,548,930,838.88, reflecting increased capital raising efforts[25]. - The net cash flow from financing activities was 2,215,145,760.75, a substantial increase from 303,614,006.04, highlighting improved financing conditions[25]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 29,851,946,968.90, reflecting a growth of 12.78% from CNY 26,457,799,586.84 at the end of the previous year[5]. - Current assets totaled CNY 16,036,727,265.56, a decrease of 3.67% from CNY 16,648,719,854.40 at the end of 2022[16]. - Non-current assets increased to CNY 13,815,219,703.36, up 40.49% from CNY 9,820,171,187.26 at the end of 2022[17]. - Total liabilities amounted to CNY 6,696,215,562.94, an increase of 16.00% from CNY 5,773,151,695.20 in the previous year[18]. - Shareholders' equity totaled CNY 23,155,731,405.98, up 11.87% from CNY 20,695,739,346.46 at the end of 2022[18]. - The company's cash and cash equivalents at the end of the period were 11,407,245,340.61, down from 12,674,450,183.24, indicating a decrease in liquidity[25]. - Total liabilities amounted to approximately $5.76 billion, a decrease of $11.04 million compared to the previous period[29]. - Total equity attributable to shareholders reached approximately $19.98 billion, reflecting a slight decrease of $36.98 million[29]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 47,845[12]. - The largest shareholder, China Resources Microelectronics Limited, holds 878,982,146 shares, accounting for 66.58% of the total shares[12]. Management and Accounting Changes - The company has implemented new accounting standards effective January 1, 2023, which may impact financial reporting[7]. - The company has increased its focus on R&D, which has led to a rise in overall period expenses[11]. - The company reported a significant increase in management expenses to ¥495.28 million, up 28.3% from ¥386.41 million in the previous year[21].