eGOVA(SZ:300075)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥326,056,167.52, a decrease of 20.34% compared to the same period last year[6]. - Net profit attributable to shareholders for Q3 2023 was ¥42,418,238.95, down 32.37% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥39,107,354.26, reflecting a decline of 35.68% compared to the previous year[6]. - Basic earnings per share for Q3 2023 were ¥0.0684, down 34.23% year-on-year[6]. - The company achieved operating revenue of CNY 1,064,273,552.95, a year-on-year decrease of 4.96%[26]. - The net profit attributable to shareholders was CNY 182,366,088.88, representing a year-on-year increase of 2.28%[26]. - Total operating revenue for the current period is CNY 1,064,273,552.95, a decrease of 4.9% compared to CNY 1,119,817,895.28 in the previous period[44]. - Net profit for the current period is CNY 181,740,638.15, an increase of 2.2% from CNY 178,149,483.37 in the previous period[46]. - Earnings per share (basic and diluted) for the current period is CNY 0.2971, slightly down from CNY 0.2975 in the previous period[49]. Assets and Equity - Total assets at the end of Q3 2023 reached ¥5,006,474,597.57, an increase of 5.44% from the end of the previous year[6]. - Shareholders' equity attributable to the parent company was ¥4,108,732,672.69, up 7.64% year-on-year[6]. - The total assets as of September 30, 2023, amounted to 5,006,474,597.57 yuan, an increase from 4,748,361,619.68 yuan at the beginning of the year[37]. - The company’s total liabilities and equity increased to CNY 5,006,474,597.57 from CNY 4,748,361,619.68, indicating growth in financial stability[43]. Cash Flow - The company reported a net cash flow from operating activities of -¥135,071,216.46, which is an improvement of 34.25% compared to the same period last year[6]. - The net cash flow from operating activities was CNY -135,071,216.46, an improvement of 34.25% compared to the previous period[26]. - Operating cash inflow for the current period was CNY 772,688,696.50, an increase of 8.9% compared to CNY 709,459,121.10 in the previous period[50]. - Cash inflow from financing activities was CNY 137,323,575.70, down from CNY 150,295,079.28 in the previous period[53]. - Cash and cash equivalents at the end of the period totaled CNY 564,613,121.98, an increase from CNY 399,633,023.82 in the previous period[53]. Investments and Expenses - Investment income decreased by 46.26% to CNY 3,499,229.28, primarily due to the absence of gains from subsidiary disposals in the previous year[26]. - Financial expenses decreased by 49.96% to CNY -9,708,943.95, mainly due to an increase in interest income[26]. - Research and development expenses increased to CNY 91,513,511.97 from CNY 84,265,343.16, reflecting an increase of 8.5%[44]. - The company’s investment income decreased to CNY 3,499,229.28 from CNY 6,511,486.38, a decline of 46.2%[44]. - The company’s other income decreased to CNY 16,987,600.92 from CNY 23,575,886.99, a decline of 28.1%[44]. Shareholder Information - The company has a total of 84,192 shareholders, with the top shareholder holding 22.00% of the shares[26]. - The company repurchased a total of 3,430,400 shares, accounting for 0.5529% of the total share capital, with a total transaction amount of 50,395,141.93 yuan[34][36]. - The company plans to continue share repurchases and dividends to maintain market stability and reward investors for their long-term support[36]. Market and Growth Potential - The company is experiencing a positive trend in the digital governance and digital economy market environment for the fourth quarter[26]. - The company has significantly higher contract signing expectations compared to the same period last year, indicating growth potential[26]. - The company is actively collaborating with local governments to enhance urban governance capabilities through digital solutions[27]. - The company won a bid for the Tianjin Binhai New Area data operation service project with a contract value of 6.8988 million yuan, marking its first fully commercialized project using the "Qiji" unmanned driving smart grid vehicle[30]. - The company has developed L4 level autonomous driving core algorithms and possesses independent high-precision map collection capabilities, enhancing its competitive edge in the market[30]. - The company aims to further assist urban lifeline construction and enhance urban safety governance through information technology[33]. - The company has implemented several benchmark projects in urban infrastructure information construction, including a gas safety supervision platform in Wuhan and an underground pipeline management platform in Beijing[33].