HJKJ(000818)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was ¥886,608,882.92, representing a decrease of 6.44% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was ¥31,401,332.01, an increase of 187.66% year-on-year[4]. - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥30,236,018.11, up 345.07% from the previous year[4]. - Basic earnings per share for Q3 2023 was ¥0.05, reflecting a 150.00% increase compared to the same period last year[4]. - Total operating revenue for Q3 2023 was CNY 2,588,479,616.96, a decrease of 17.2% compared to CNY 3,125,538,300.50 in the same period last year[15]. - Net profit for Q3 2023 was CNY 77,072,131.43, a decline of 52.0% compared to CNY 160,415,798.13 in Q3 2022[16]. - Earnings per share for Q3 2023 were CNY 0.14, down from CNY 0.27 in the same quarter last year[16]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period reached ¥66,561,871.42, a significant increase of 934.58%[4]. - Operating cash inflow for the period was CNY 2,525,961,164.73, a decrease of 15.06% from CNY 2,974,766,425.92 in the previous period[17]. - Cash inflow from investment activities totaled CNY 370,591,489.24, down 25.55% from CNY 497,485,960.91 in the previous period[18]. - Net cash flow from investment activities was -CNY 44,652,737.42, an improvement from -CNY 101,144,870.05 year-over-year[18]. - Cash inflow from financing activities was CNY 445,479,531.67, an increase from CNY 263,100,000.00 in the previous period[18]. - The ending cash and cash equivalents balance was CNY 481,518,806.21, up from CNY 194,308,049.21 at the end of the previous period[18]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥5,132,772,646.73, a slight increase of 0.35% from the end of the previous year[4]. - The total liabilities as of Q3 2023 amounted to CNY 1,255,333,221.56, a slight decrease from CNY 1,275,961,753.01 at the end of the previous year[15]. - The total equity attributable to shareholders of the parent company was CNY 3,662,883,115.48, compared to CNY 3,610,815,240.41 in the same period last year[15]. - The total non-current assets as of September 30, 2023, were approximately CNY 2.94 billion, a decrease from CNY 2.99 billion at the beginning of the year, reflecting a decline of about 1.7%[12]. Operational Efficiency - The company reported a 38.31% decrease in other income, totaling ¥12,968,055.72, primarily due to reduced government subsidies[8]. - The company experienced a 996.36% increase in asset disposal gains, amounting to ¥8,010,704.08, due to increased gains from fixed asset disposals[8]. - Research and development expenses increased to CNY 95,059,441.56, up 16.8% from CNY 81,376,871.21 in the previous year[15]. - Cash paid for purchasing goods and services was CNY 1,967,190,048.47, down from CNY 2,327,043,405.55 in the previous period, reflecting a cost reduction strategy[17]. - Cash received from other operating activities was CNY 27,107,263.95, a decrease from CNY 44,992,179.54 in the previous period, indicating a need for improved operational efficiency[17]. Investments and Subsidiaries - The company established a wholly-owned subsidiary, Hangjin (Wuhan) Artificial Intelligence Technology Co., Ltd., with an investment of CNY 80 million, aimed at integrating AI into its existing business[11]. - A cash capital increase of CNY 190 million was planned for the investment in Chaoqing Smart Technology Co., Ltd., which will result in a 25% equity stake[11].