HXPP(002228)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥3,139,852,040.34, a decrease of 13.79% compared to the same period last year[5] - Net profit attributable to shareholders was ¥39,923,121.04, an increase of 2.62% year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥43,841,263.61, up 62.66% from the previous year[5] - Total operating revenue for Q3 2023 was ¥9,376,642,039.92, a decrease of 20.29% compared to ¥11,765,246,009.73 in Q3 2022[26] - Net profit for Q3 2023 was ¥103,411,149.25, a decline of 15.59% from ¥122,516,585.83 in Q3 2022[27] - Earnings per share for Q3 2023 were ¥0.10, compared to ¥0.12 in Q3 2022[28] - The company reported a total comprehensive income of ¥102,784,852.80 for Q3 2023, down from ¥122,511,464.42 in Q3 2022[28] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥236,803,251.68, down 54.15% compared to the same period last year[5] - Cash flow from operating activities in Q3 2023 was ¥8,603,563,817.51, a decrease from ¥10,841,520,122.34 in Q3 2022[30] - The net cash flow from operating activities for Q3 2023 was ¥236,803,251.68, a decrease of 54.4% compared to ¥516,467,535.58 in Q3 2022[31] - Total cash inflow from operating activities was ¥8,708,801,953.43, while cash outflow was ¥8,471,998,701.75, resulting in a net inflow[31] - The net cash flow from investing activities was -¥254,311,418.05, compared to -¥278,113,189.04 in the same period last year, indicating a slight improvement[32] - Cash inflow from financing activities totaled ¥1,410,664,731.30, while cash outflow was ¥1,353,397,253.05, resulting in a net inflow of ¥57,267,478.25[32] - The ending balance of cash and cash equivalents was ¥335,293,984.05, an increase from ¥302,537,610.80 at the end of Q3 2022[32] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥8,345,422,600.89, down 5.50% from the end of the previous year[6] - The company's current assets totaled CNY 4,980,949,116.02, down from CNY 5,528,657,834.80 at the start of the year, indicating a decline of approximately 9.9%[22] - Total liabilities as of Q3 2023 were ¥4,813,994,022.77, down from ¥5,217,936,434.35 in the previous year[24] - Total equity as of Q3 2023 was ¥3,531,428,578.12, a decrease from ¥3,613,618,210.12 in Q3 2022[24] - The company's cash and cash equivalents stood at CNY 539,368,577.25, slightly up from CNY 530,091,753.59 at the beginning of the year[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 30,130[16] - The company reported a total of 44,599,920 shares held in the repurchase special account, accounting for 3.60% of total shares[19] - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest shareholder, Xinjiang Xinghui Equity Investment Management Partnership, holding 397,173,280 shares[19] Operational Costs and Expenses - Total operating costs for Q3 2023 were ¥9,268,887,947.94, down 20.56% from ¥11,691,725,095.00 in the same period last year[26] - Research and development expenses for Q3 2023 were ¥217,084,238.38, slightly down from ¥220,428,358.32 in Q3 2022[27] - The company’s cash paid for purchasing goods and services was ¥6,915,166,017.41 in Q3 2023, down from ¥9,008,479,183.16 in Q3 2022, indicating a reduction of 23.8%[31] - The company’s cash paid for employee compensation was ¥905,257,185.96, slightly down from ¥906,734,850.33 in the previous year[31] Other Financial Information - Contract liabilities increased by 76.04% compared to the beginning of the period, mainly due to unrecognized prepayments[12] - Other income decreased by 33.00% year-on-year, primarily due to a reduction in government subsidies[14] - The company experienced a 125.96% increase in net cash flow from financing activities, attributed to a decrease in bank loan repayments[15] - The company has seen a notable increase in its other equity instrument investments, rising to CNY 64,154,810.00 from CNY 53,800,000.00[22] - The company is actively involved in financing and margin trading, with several major shareholders participating in these activities[19] - The company has not undergone an audit for the Q3 2023 report[34] - The company implemented new accounting standards starting January 1, 2023, affecting deferred tax assets and liabilities[33]