HIC(SZ:300873)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥460,674,525.47, representing a 30% increase year-over-year[5]. - The net profit attributable to shareholders decreased by 24.39% to ¥71,531,666.12 compared to the same period last year[5]. - The company's basic earnings per share decreased by 29.93% to ¥0.3128[5]. - Net profit for Q3 2023 was CNY 258,186,765.62, a decrease of 23.6% from CNY 338,044,985.04 in Q3 2022[28]. - Total operating costs amounted to CNY 1,112,772,368.31, up 11.39% from CNY 999,054,532.23 in Q3 2022[27]. - The total comprehensive income for Q3 2023 was CNY 268,609,537.31, down from CNY 361,138,133.66 in Q3 2022[28]. Cash Flow - The cash flow from operating activities was ¥158,101,257.24, down 35.27% from the previous year[15]. - The cash inflow from operating activities for the period was CNY 1,558,125,879.20, an increase from CNY 1,506,340,413.67 in the previous period, representing a growth of approximately 3.4%[29]. - The net cash flow from operating activities decreased to CNY 158,101,257.24 from CNY 244,257,569.74, indicating a decline of about 35.3%[29]. - Cash inflow from investment activities was CNY 961,266,462.35, down from CNY 2,150,607,793.50, reflecting a decrease of approximately 55.3%[29]. - The net cash flow from investment activities increased to CNY 367,329,157.54 from CNY 165,525,961.96, showing an increase of about 121.5%[29]. - The net increase in cash and cash equivalents for the period was CNY 381,658,147.67, compared to CNY 322,040,191.92 in the previous period, representing a growth of about 18.5%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,724,977,900.81, a 0.30% increase from the end of the previous year[5]. - Total liabilities decreased to CNY 796,692,857.25 from CNY 964,027,113.70 year-over-year, reflecting a reduction of approximately 17.4%[25]. - The company's total equity attributable to shareholders increased by 6.66% to ¥2,819,118,281.06 compared to the end of the previous year[5]. - Total equity increased to CNY 2,928,285,043.56, compared to CNY 2,749,779,578.90 in the previous year, marking an increase of about 6.5%[25]. Investments and Shareholder Information - The long-term equity investment decreased by 34.47% to ¥9,736,545.21 due to the acquisition of the remaining 51% stake in a subsidiary[10]. - The company repurchased 1,942,000 shares, representing 0.84% of the total share capital, ranking as the tenth largest shareholder[18]. - The largest shareholder, Liang Chen, holds 35.48% of shares, totaling 81,816,125 shares[17]. - The total number of restricted shares held by Liang Chen is 61,362,093.75, with a release date set for November 23, 2025[20]. Operational Efficiency and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[26]. - Research and development expenses rose to CNY 21,660,878.33, up from CNY 18,192,470.51, indicating a growth of 19.5%[27]. Other Financial Metrics - The weighted average return on equity was 2.57%, down 1.73% from the previous year[5]. - The company received government subsidies amounting to ¥5,931,603.28 during the reporting period[6]. - The company's cash and cash equivalents as of September 30, 2023, amount to ¥1,449,630,889.67, an increase from ¥1,063,087,268.67 at the beginning of the year[23]. - Accounts receivable increased to ¥744,952,116.65 from ¥637,408,564.25, reflecting a growth of approximately 17.3%[23]. - Non-current assets total ¥1,445,682,744.57, up from ¥1,283,856,998.80 at the beginning of the year, indicating a growth of about 12.7%[23]. - The company’s inventory decreased to ¥5,705,153.65 from ¥7,895,602.34, a decline of approximately 27.7%[23]. - The company’s long-term equity investments decreased to ¥9,736,545.21 from ¥14,859,065.01, a decline of about 34.5%[23].