Eastcompeace(SZ:002017)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥344,909,987.71, an increase of 21.13% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2023 was ¥37,344,865.18, up 18.61% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥36,438,970.89, reflecting a 20.27% increase year-on-year[3] - Total operating revenue for Q3 2023 reached CNY 1,044,989,433.29, an increase of 18.1% compared to CNY 884,839,605.88 in the same period last year[21] - Net profit for Q3 2023 was CNY 111,082,294.95, up 66.7% from CNY 66,628,751.43 in Q3 2022[22] - Basic and diluted earnings per share for Q3 2023 were both CNY 0.1790, compared to CNY 0.1045 in Q3 2022, marking an increase of 71.4%[23] - The total comprehensive income for Q3 2023 was CNY 101,672,305.75, up from CNY 78,859,238.23 in the previous year, reflecting a growth of 28.9%[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,789,921,841.63, a decrease of 3.16% from the end of the previous year[4] - The company's total assets amounted to CNY 2,789,921,841.63, down from CNY 2,881,070,225.62, a decrease of about 3.2%[22] - The total liabilities decreased to CNY 1,202,155,168.76 from CNY 1,350,327,250.10, reflecting a reduction of approximately 11%[22] - The balance of short-term borrowings decreased by 100% to zero, as the company repaid loans and did not engage in new borrowing[9] - The balance of contract liabilities increased by 31.18% to ¥47,848,000, indicating an increase in customer prepayments[9] - The company has a contract liability of ¥478,478,630.13, an increase from ¥364,754,507.08[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 42,123[14] - The largest shareholder, China Electronics Technology Group Corporation, holds 29.38% of shares, totaling 170,523,929 shares[14] - The second-largest shareholder, Zhuhai Putian Peace Telecom Industrial Co., Ltd., holds 14.83% of shares, totaling 86,097,220 shares[14] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥61,754,420.36, down 52.11% compared to the previous year[3] - Cash flow from operating activities was CNY 1,276,895,531.64, compared to CNY 1,034,786,971.11 in the same period last year, indicating a growth of 23.5%[25] - Total cash inflow from operating activities was ¥1,350,080,032.66, up 23.5% from ¥1,093,522,743.08 in the same period last year[26] - Cash outflow from operating activities increased to ¥1,288,325,612.30, compared to ¥964,577,604.68 in Q3 2022, representing a rise of 33.6%[26] - The net cash flow from operating activities for Q3 2023 was ¥61,754,420.36, a decrease of 52.0% compared to ¥128,945,138.40 in Q3 2022[26] - The total cash and cash equivalents at the end of Q3 2023 stood at ¥1,634,224,369.23, compared to ¥1,565,403,608.01 at the end of Q3 2022[26] Expenses - Research and development expenses increased to CNY 99,767,657.53, representing a rise of 24% from CNY 80,432,838.42 in the previous year[22] - The company reported a significant increase in cash paid for purchasing goods and services, amounting to ¥976,446,642.01, up 57.9% from ¥618,662,073.38 in Q3 2022[26] - The cash paid for taxes increased to ¥67,663,436.75, compared to ¥39,221,722.10 in the same quarter last year, reflecting a rise of 72.6%[26] Other Information - The company did not undergo an audit for the Q3 2023 report[27] - The company has adopted new accounting standards starting from 2023, but it is not applicable for this report[27]