CRCHI(SH:688425)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,831,665,390.21, a decrease of 25.40% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2023 was ¥190,315,169.18, down 51.09% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥130,224,572.06, a decline of 64.73% compared to the same period last year[4] - The basic earnings per share for Q3 2023 was ¥0.04, a decrease of 42.86% year-on-year[5] - Total operating revenue for Q3 2023 was approximately ¥7.40 billion, a decrease of 5.4% compared to ¥7.82 billion in the same period of 2022[18] - Net profit for Q3 2023 was approximately ¥1.22 billion, a decline of 13.4% from ¥1.40 billion in Q3 2022[19] - Total comprehensive income for Q3 2023 was approximately ¥1.22 billion, compared to ¥1.40 billion in Q3 2022, reflecting a decrease of 12.6%[20] Research and Development - The total R&D investment for the period was ¥227,884,244.8, representing 12.44% of operating revenue, an increase of 1.6 percentage points year-on-year[5] - Research and development expenses for Q3 2023 were approximately ¥671.40 million, a decrease of 5.1% compared to ¥707.73 million in Q3 2022[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥25,660,744,078.28, an increase of 7.88% compared to the end of the previous year[5] - Current assets totaled ¥15,579,951,640.66, up from ¥15,101,460,307.37, indicating an increase of about 3.17%[16] - The company's cash and cash equivalents decreased to ¥1,654,630,031.62 from ¥2,154,323,351.12, representing a decline of approximately 23.14%[14] - Accounts receivable rose to ¥8,701,584,709.72 from ¥7,297,362,111.31, marking an increase of about 19.25%[14] - Total liabilities increased to ¥9,484,733,069.47 from ¥8,279,395,264.82, which is an increase of approximately 14.51%[17] - The company's equity attributable to shareholders reached ¥16,154,533,264.06, up from ¥15,486,113,436.59, reflecting a growth of about 4.32%[17] - Short-term borrowings were reported at ¥611,324,000.00, a new entry compared to zero at the end of 2022[17] - The total current liabilities rose to ¥8,034,588,448.27 from ¥6,977,416,966.17, reflecting an increase of approximately 15.19%[17] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥449,535,777.63, showing an improvement of 35.72%[7] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥449.54 million, an increase of 35.7% from ¥331.22 million in the same period of 2022[22] - The net cash flow from investing activities was -1,149,684,318.19, compared to -692,978,492.57 in the previous period, indicating a significant increase in cash outflows for investments[23] - Cash inflows from financing activities totaled 2,060,000,000.00, up from 1,459,000,000.00 in the prior year, reflecting a strong increase in borrowed funds[23] - The net cash flow from financing activities improved to 149,422,689.75, compared to a negative flow of -76,736,618.02 in the same quarter last year, showing a recovery in financing operations[24] - The total cash and cash equivalents at the end of the period decreased to 1,605,843,172.92 from 2,180,627,075.91, indicating a decline in liquidity[24] - The company incurred cash outflows for the acquisition of fixed assets, intangible assets, and other long-term assets amounting to 1,148,371,886.19, which is significantly higher than 692,981,692.57 in the previous period[23] - The cash outflow for financing activities was 1,910,577,310.25, compared to 1,535,736,618.02 in the prior year, indicating increased financial obligations[24] - The impact of exchange rate changes on cash and cash equivalents was a positive 4,726,870.70, compared to 15,557,538.74 in the previous period, suggesting a decrease in foreign exchange gains[24] - The company did not report any cash inflows from the disposal of subsidiaries or other business units, maintaining a focus on internal operations[23] - The cash flow from investment activities was primarily negative, highlighting a strategic focus on long-term asset acquisition rather than immediate returns[23] - The company’s cash flow management reflects a significant investment strategy, with a net cash outflow from investments indicating a commitment to growth despite short-term liquidity challenges[23]