WGQ(SH:900912)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,499,263,446.42, a decrease of 16.67% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was CNY 99,597,558.30, down 11.98% year-on-year[5] - The net profit for Q3 2023 was CNY 630,202,934.43, a decrease of 23.2% compared to CNY 821,694,868.19 in Q3 2022[18] - Basic and diluted earnings per share for Q3 2023 were CNY 0.55, down from CNY 0.71 in Q3 2022, reflecting a decline of 22.5%[19] - The total profit for Q3 2023 was CNY 873,035,163.31, a decrease of 19.5% from CNY 1,084,557,416.06 in Q3 2022[18] - The company reported a total comprehensive income of CNY 632,198,999.44 for Q3 2023, down from CNY 825,231,183.24 in Q3 2022[18] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was CNY 554,468,944.36, a decline of 35.25% compared to the previous year[5] - Cash flow from operating activities for the first nine months of 2023 was CNY 554,468,944.36, down 35.3% from CNY 856,275,026.12 in the previous year[19] - Investment activities resulted in a net cash outflow of CNY 1,146,154,253.36 in Q3 2023, compared to a net inflow of CNY 326,238,103.47 in Q3 2022[20] - Cash and cash equivalents at the end of Q3 2023 were CNY 6,181,867,697.98, a decrease from CNY 6,783,331,871.25 at the end of Q3 2022[20] Assets and Liabilities - Total assets as of September 30, 2023, were CNY 42,373,546,515.34, reflecting a 1.64% increase from the end of the previous year[6] - Total assets as of Q3 2023 amounted to CNY 42,373,546,515.34, compared to CNY 41,690,258,672.34 in the previous year, showing an increase of 1.6%[16] - Total liabilities reached CNY 29,827,129,393.98, slightly up from CNY 29,394,480,618.43, reflecting an increase of 1.5%[15] - The company's total equity increased to CNY 12,546,417,121.36 from CNY 12,295,778,053.91, representing a growth of 2.0%[16] - Short-term borrowings were CNY 7,067,188,599.03, a slight decrease from CNY 7,079,194,699.73[15] Operating Costs and Revenue - Total operating revenue for the first three quarters of 2023 was CNY 5,447,087,444.08, a decrease of 20.7% compared to CNY 6,873,460,088.84 in the same period of 2022[17] - Operating income was CNY 5,353,583,927.90, down from CNY 6,757,751,292.29, reflecting a decline of 20.7%[17] - Total operating costs for the first three quarters of 2023 were CNY 4,729,418,851.99, a decrease of 24.0% from CNY 6,225,196,119.58 in 2022[17] - The company reported a net profit margin decline due to increased operating costs and reduced revenue[17] Research and Development - Research and development expenses increased to CNY 18,776,212.64, up from CNY 14,541,666.61, indicating a growth of 29.0%[17] Government Subsidies and Non-Recurring Gains - The company received government subsidies amounting to CNY 22,426,313.45 during the reporting period, contributing to its non-recurring gains[8] - The total non-recurring gains for the year-to-date amounted to CNY 24,232,743.01, after accounting for tax impacts[8] Future Outlook - Future outlook includes a focus on market expansion and new product development to enhance revenue streams[17] Foreign Exchange and Other Gains - The company experienced a foreign exchange gain of CNY 1,331,804.17 in Q3 2023, compared to a gain of CNY 4,042,535.78 in Q3 2022[18]