eGOVA(300075)2022-10-25 16:00Financial Performance - The company's revenue for Q3 2022 reached ¥409,289,769.22, representing a year-on-year increase of 26.20%[6] - Net profit attributable to shareholders was ¥62,721,066.32, a significant increase of 1,216.51% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥60,797,328.15, reflecting a year-on-year increase of 4,919.11%[6] - The company's basic earnings per share for the period was ¥0.1252, an increase of 1,339.08% year-on-year[6] - Total operating revenue for the third quarter was CNY 1,119,817,895.28, an increase of 13.3% compared to CNY 988,157,866.60 in the same period last year[38] - The net profit for the third quarter was ¥178,149,483.37, an increase from ¥114,553,734.61 in the same period last year, representing a growth of approximately 55.5%[44] - The basic and diluted earnings per share for the quarter were both ¥0.3586, compared to ¥0.2366 in the previous year, indicating a year-over-year increase of about 51.5%[44] - The total comprehensive income attributable to the parent company was ¥178,306,049.22, compared to ¥114,786,467.85 in the previous year, reflecting an increase of about 55.4%[44] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,680,260,919.12, up 7.23% from the end of the previous year[6] - The company's total assets as of September 30, 2022, were CNY 4,680,260,919.12, an increase from CNY 4,364,664,153.56 at the beginning of the year[34] - The total liabilities increased to CNY 954,777,780.22 from CNY 872,733,213.11, reflecting a rise of 9.4%[34] - The equity attributable to shareholders of the parent company rose to CNY 3,720,353,660.86 from CNY 3,484,366,497.68, an increase of 6.8%[37] Cash Flow - Cash flow from operating activities showed a net outflow of ¥205,417,554.69, a decrease of 2.70% compared to the same period last year[6] - Cash inflow from operating activities totaled ¥709,459,121.10, down from ¥761,191,819.13 in the previous year, reflecting a decrease of approximately 6.8%[44] - The net cash flow from operating activities was -¥205,417,554.69, slightly worse than -¥200,018,315.51 in the same quarter last year[44] - Cash outflow from investment activities was ¥1,714,447,687.52, compared to ¥1,051,534,837.26 in the previous year, showing an increase of about 63.1%[48] - The net cash flow from investment activities was -¥898,663,796.95, worsening from -¥587,766,445.80 in the same period last year[48] - Cash inflow from financing activities was ¥150,295,079.28, significantly higher than ¥50,154,033.70 in the previous year, marking an increase of approximately 198.5%[48] - The net cash flow from financing activities was ¥67,305,503.75, a turnaround from -¥4,739,881.50 in the same quarter last year[48] Shareholder Information - The total number of common shareholders at the end of the reporting period is 71,914, with the largest shareholder, Wu Qianghua, holding 23.20% of the shares, equating to 117,720,814 shares[18] - The company has repurchased a total of 3,430,400 shares, representing 0.6761% of the total share capital, with a total expenditure of approximately RMB 50.40 million[29] - The company plans to repurchase shares for employee stock ownership plans and/or equity incentives, with a total repurchase amount between RMB 50 million and RMB 100 million[29] - The company’s largest shareholder, Wu Qianghua, has 90,308,110 shares under lock-up, which will be released incrementally each year[22] Research and Development - Research and development expenses reached CNY 84,265,343.16, compared to CNY 73,298,230.95 in the previous year, indicating a growth of 15.0%[38] - The company has implemented over 30 projects based on domestic innovation products, ensuring compatibility with local software and hardware[27] - The company has been recognized as a technical activity unit by national and local innovation committees, reinforcing its commitment to domestic innovation[27] Strategic Initiatives - The company is actively participating in digital economy construction projects across various provinces, including Henan, Shandong, Liaoning, and Yunnan, promoting sustainable development models[26] - The company is focused on enhancing urban governance through digital transformation, aligning with national policies on digital government construction[25] - The company’s governance digitalization products are based on proprietary intellectual property and comply with industry application software requirements[27] Future Outlook - Future outlook includes continued investment in technology and market expansion strategies to enhance competitive positioning[38]