CHSR(SZ:000008)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥484,471,292.84, representing a 32.34% increase compared to the same period last year[4] - The net profit attributable to shareholders was -¥61,802,821.72, a 32.01% decrease year-on-year, while the net profit after deducting non-recurring gains and losses was -¥63,400,836.03, down 32.29%[4] - Operating income for the first nine months of 2023 was ¥1,308,227,162.47, up 38.13% from ¥947,116,269.21 in the same period of 2022[10] - The company achieved a total operating revenue of RMB 1.308 billion in the first three quarters of 2023, with a net profit of approximately RMB 16 million in September, marking a turnaround to profitability for the month[15] - Total operating revenue for the third quarter of 2023 reached CNY 1,308,227,162.47, an increase of 38.2% compared to CNY 947,116,269.21 in the same period last year[20] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥11,086,858,985.23, reflecting a decrease of 1.43% from the end of the previous year[4] - As of September 30, 2023, total assets amounted to RMB 11.087 billion, a decrease from RMB 11.248 billion at the beginning of the year[18] - The company’s total liabilities decreased by 52.18% due to the repayment of maturing bonds, amounting to ¥456,251,249.91[9] - The total liabilities of the company stood at CNY 6,755,172,737.25, slightly down from CNY 6,767,929,022.88 at the end of the previous quarter[21] - The total equity attributable to shareholders of the parent company was CNY 4,228,155,049.61, down from CNY 4,376,254,644.25 in the previous quarter[21] Cash Flow - The cash flow from operating activities showed a net outflow of -¥184,053,383.66, indicating a significant decline of 153.87%[4] - The net cash flow from operating activities for Q3 2023 was -184,053,383.66, compared to 341,693,639.88 in Q3 2022, indicating a significant decline[24] - Total cash inflow from financing activities was 2,980,593,006.71, up from 2,137,018,146.44 in the same period last year[25] - The net cash flow from financing activities was 17,644,241.20, a recovery from a negative flow of -489,615,368.55 in Q3 2022[25] - The total cash and cash equivalents at the end of Q3 2023 stood at 251,727,384.24, down from 797,567,872.18 at the end of Q3 2022[25] Shareholder Information - The company reported a total of 88,652 common stock shareholders at the end of the reporting period[13] - The top shareholder, China National Investment High-tech Industry Investment Co., Ltd., holds 26.23% of the shares, totaling 712,418,457 shares[13] Operational Strategies - The company has established a special team to accelerate the collection of receivables, aiming to improve operating cash flow continuously[15] - The company is focusing on strategic partnerships with key clients to enhance cooperation and achieve mutual benefits[15] - The company has implemented management reforms, including optimizing positions and establishing a reasonable salary system[15] Research and Development - Research and development expenses for the quarter were CNY 122,761,586.70, a decrease of 12.0% from CNY 139,533,344.07 in the same period last year[21] Other Financial Metrics - The company reported a basic earnings per share of -¥0.0228, a 31.94% decline compared to the same period last year[4] - The net loss attributable to shareholders of the parent company was CNY 145,407,060.90, compared to a loss of CNY 175,140,095.63 in the previous year, representing a 17.0% improvement[22] - The company reported a comprehensive loss of CNY 144,809,802.39, compared to a loss of CNY 171,726,587.89 in the same quarter last year[22] - Basic and diluted earnings per share were both CNY -0.0534, an improvement from CNY -0.0645 in the previous year[22] Audit and Guidance - The company did not undergo an audit for the Q3 2023 report[26] - The company has not provided specific guidance for future performance or new product developments in this report[21]