2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 reached CNY 32,740,713 thousand, representing a year-on-year increase of 6.46%[4] - Net profit attributable to shareholders for Q3 2022 was CNY 2,254,165 thousand, up 27.05% compared to the same period last year[4] - Basic earnings per share for Q3 2022 were CNY 0.48, reflecting a growth of 26.32% year-on-year[4] - Total revenue for the first nine months of 2022 was 3,723,015,000 RMB, a decrease of 66.67% compared to 11,171,178,000 RMB in the same period of 2021[10] - Net profit attributable to shareholders of the parent company for the first nine months of 2022 was RMB 6,820 million, up from RMB 5,853 million in the same period of 2021, reflecting an increase of approximately 16.5%[28] - Total comprehensive income for the first nine months of 2022 was RMB 6,652 million, compared to RMB 6,402 million in the same period of 2021, showing an increase of approximately 3.9%[28] Cash Flow - The net cash flow from operating activities for Q3 2022 was CNY 1,825,378 thousand, an increase of 37.48% year-on-year[4] - Cash flow from operating activities showed a net outflow of 3,723,015,000 RMB, down 66.67% from the previous year[10] - Total cash inflow from operating activities for the first nine months of 2022 reached RMB 110,139,282 thousand, an increase from RMB 101,318,610 thousand in the same period of 2021[30] - Net cash flow from operating activities was RMB 3,723,015 thousand, compared to RMB 11,171,178 thousand in the first nine months of 2021, indicating a significant decrease[30] - The ending balance of cash and cash equivalents was RMB 36,299,311 thousand, down from RMB 41,467,351 thousand at the end of the previous year[30] Assets and Liabilities - Total assets as of September 30, 2022, amounted to CNY 181,163,386 thousand, a 7.35% increase from the end of the previous year[4] - The total liabilities reached RMB 122.69 billion, compared to RMB 114.60 billion at the end of 2021, indicating an increase of about 7.8%[27] - The company's current assets totaled RMB 139.30 billion, up from RMB 124.15 billion at the end of 2021, representing a growth of approximately 12.2%[26] - The company's accounts receivable amounted to RMB 19.88 billion, a decrease from RMB 27.03 billion at the end of 2021, reflecting a decline of approximately 26.4%[26] Investments and Financial Instruments - The company reported a significant increase in credit impairment losses, which rose by 134.75% to (396,516,000) RMB from (168,909,000) RMB[10] - The company holds a 0.09% stake in Zhongjing Electronics, with a year-end book value of CNY 456.88 million after purchasing CNY 134.42 million and selling CNY 646.48 million worth of shares[15] - The company reported a total derivative investment amount of CNY 763,009.75 million, with a net profit of CNY 15,843.15 million during the reporting period[21] - The company has established a risk control system for derivative investments, which includes clear contract terms to mitigate legal risks[23] Research and Development - Research and development expenses for the first nine months of 2022 amounted to RMB 16,108 million, compared to RMB 14,171 million in the same period of 2021, marking an increase of about 13.7%[28] - Research and development expenses increased to RMB 5,956,480 thousand, up 12.2% from RMB 5,309,773 thousand year-over-year[29] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[4] - Future outlook includes plans for market expansion in Southeast Asia and the introduction of new 5G technologies[29] - The company is exploring potential mergers and acquisitions to enhance its market position and technological capabilities[29]