HAND(SZ:300170)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥779,853,652.11, representing a 1.25% increase year-over-year, while the year-to-date revenue reached ¥2,251,360,033.73, up by 0.95%[4] - Net profit attributable to shareholders for Q3 2023 was ¥9,510,934.48, a significant decrease of 78.34% compared to the same period last year, with year-to-date net profit down by 90.92% to ¥40,171,366.01[4] - The total operating revenue for Q3 2023 was CNY 2,251,360,033.73, a slight increase of 0.94% compared to CNY 2,230,212,650.67 in Q3 2022[39] - The net profit for Q3 2023 was CNY 43,236,069.11, a significant decrease of 90.13% compared to CNY 437,109,042.18 in Q3 2022[40] - The earnings per share (EPS) for Q3 2023 were CNY 0.0432, down from CNY 0.5049 in the previous year[41] - The comprehensive income total for Q3 2023 was CNY 45,565,735.65, down from CNY 436,861,493.53 in Q3 2022[41] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥5,994,093,216.46, reflecting a 3.06% increase from the end of the previous year[4] - The company's equity attributable to shareholders increased by 24.36% year-over-year, reaching ¥4,924,480,799.14[4] - The total liabilities as of Q3 2023 were CNY 1,067,576,935.35, a decrease from CNY 1,857,606,095.46 in the previous year[40] - Current assets totaled CNY 3,622,363,297.56, up from CNY 3,541,891,159.76 at the start of the year, reflecting a growth of approximately 2.28%[36] - The company’s non-current assets totaled CNY 2,371,729,918.90, an increase from CNY 2,274,461,205.18 at the beginning of the year[36] Cash Flow - The company reported a net cash flow from operating activities of -¥69,618,402.67 for the year-to-date, indicating a 56.40% increase in cash outflow compared to the previous year[4] - The cash flow from operating activities for Q3 2023 was CNY 2,130,023,025.57, an increase from CNY 1,959,063,280.41 in Q3 2022[42] - The net cash flow from operating activities was -69,618,402.67 CNY, an improvement from -159,688,894.37 CNY in the previous quarter[43] - The total cash inflow from financing activities was 752,455,398.76 CNY, compared to 446,487,630.00 CNY in the previous quarter[44] - The net cash flow from investing activities was -184,124,700.03 CNY, slightly better than -233,372,231.96 CNY in the previous quarter[43] Business Segments - The company operates in four main business segments: industrial digitalization, financial digitalization, general ERP, and IT outsourcing, with a strong emphasis on self-developed software products[14] - The revenue from the digital industry segment reached CNY 627.14 million, with a year-on-year growth of 14.74% and a gross margin of 36.46%[20] - The financial digitalization segment generated CNY 527.04 million, showing a year-on-year increase of 2.13% and a gross margin of 28.98%[20] - The general ERP consulting business reported revenue of CNY 801.87 million, with a year-on-year growth of 1.98% and a gross margin of 31.74%[20] - The IT outsourcing segment experienced a decline in revenue to CNY 284.89 million, down 22.22% year-on-year, with a gross margin of 12.20%[20] Research and Development - The company launched a new digital product system called HERO, which includes a digital base platform HZERO and a data management platform H-one, aimed at enhancing digital transformation services for clients[7][8] - The company is focusing on AIGC application capabilities, having developed the H-Copilot platform to facilitate AI integration in various business scenarios, with positive market feedback[10] - The H-one data platform provides comprehensive data lifecycle management services, recognized by various professional institutions, supporting enterprises in data governance and asset management[12] - The company has increased its investment in R&D, particularly in the AIGC application capabilities, leading to higher R&D expenses[24] - Research and development expenses for Q3 2023 were CNY 204,016,483.23, up from CNY 172,827,494.94 in the same quarter last year, indicating a focus on innovation[40] Shareholder Information - The company reported a total of 79,189 common shareholders at the end of the reporting period[31] - The top two shareholders, Chen Diqing and Fan Jianzheng, each hold 4.89% of the shares, totaling 48,082,549 and 48,082,372 shares respectively[31] - The company has a total of 1,124,480 restricted shares, with 73,125 shares released during the period[34] - The company’s goodwill remained stable at CNY 93,960,012.11 throughout the reporting period[36]