莱茵体育(000558) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥14,956,154.46, representing a decrease of 12.31% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥12,769,979.19, a significant decline of 2,080.58% year-on-year[5]. - The company's revenue for the first nine months of 2023 reached ¥120,459,798.41, an increase of 105.47% year-on-year, primarily due to sales from Lishui properties[8]. - The company's basic and diluted earnings per share for Q3 2023 were both -¥0.0100, reflecting a decrease of 2,400.00%[5]. - The company's operating profit for Q3 2023 was -11,863,642.60 CNY, an improvement from -30,007,358.26 CNY in Q3 2022, indicating a reduction in losses[26]. - Net profit for Q3 2023 was -16,035,894.01 CNY, compared to -19,727,999.81 CNY in the same period last year, showing a narrowing of losses[27]. - The company reported a total comprehensive income of -16,035,894.01 CNY for Q3 2023, compared to -21,225,603.65 CNY in Q3 2022[27]. - Basic and diluted earnings per share for Q3 2023 were both -0.0159 CNY, slightly worse than -0.0140 CNY in Q3 2022[27]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥1,733,538,491.81, down 5.43% from the end of the previous year[5]. - As of September 30, 2023, the company's total assets amounted to CNY 1,733,538,491.81, a decrease from CNY 1,833,150,001.76 at the beginning of the year[21]. - The company's total liabilities decreased to CNY 646,101,002.00 from CNY 755,871,614.64 at the beginning of the year, indicating a reduction in financial obligations[24]. - Total liabilities increased to 755,871,614.64 from 755,824,466.85[30]. - Total liabilities and shareholders' equity amounted to 1,833,150,001.76, up from 1,833,102,853.97[30]. Cash Flow and Operating Activities - The operating cash flow net amount for the year-to-date was ¥36,332,869.05, reflecting a decrease of 24.70%[5]. - The net cash flow from operating activities for Q3 2023 was 36,332,869.05 CNY, down from 48,252,417.49 CNY in Q3 2022[29]. - Cash and cash equivalents decreased to CNY 88,186,834.25 from CNY 108,038,149.54 at the beginning of the year, indicating a cash outflow[22]. - Cash and cash equivalents at the end of Q3 2023 were 88,155,997.00 CNY, compared to 48,057,667.75 CNY at the end of Q3 2022, indicating improved liquidity[29]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 63.709 million[10]. - Chengdu Sports Industry Investment Group holds 29.90% of shares, amounting to 385,477,961 shares, with 192,738,980 shares pledged[10]. - The second largest shareholder, Rhine Da Holdings Group, holds 8.50% of shares, totaling 109,550,000 shares, all of which are pledged[10]. Asset Restructuring and Commitments - The company plans to conduct a major asset restructuring involving the exchange of 100% equity in two subsidiaries for 63.34% of Chengdu Cultural Tourism Development Co., which will become a controlling subsidiary[12]. - The asset exchange will be supplemented with cash if there is a price difference between the assets being exchanged[12]. - The company has received inquiries from the Shenzhen Stock Exchange regarding the asset restructuring plan and is preparing responses[13]. - The company has a performance compensation commitment from its major shareholder to ensure no losses in 2019 and 2020, with compensation for any expected losses[14]. - The company reported actual losses in 2020, leading to arbitration proceedings initiated by the major shareholder[15]. - The major shareholder's performance commitment and compensation arrangements are under review following the arbitration[16]. Tax and Expenses - The company reported a significant increase in tax and additional fees, totaling ¥18,495,513.57, up 312.94% year-on-year due to increased sales revenue[8]. - The company incurred a financial expense of 7,348,474.59 CNY in Q3 2023, down from 10,743,177.71 CNY in Q3 2022, reflecting cost management efforts[26]. - The total amount of sales expenses increased to 4,195,463.31 CNY in Q3 2023 from 1,042,668.79 CNY in Q3 2022, indicating higher marketing efforts[26]. - The company reported a tax expense of 4,338,342.12 CNY in Q3 2023, significantly higher than 629,084.39 CNY in Q3 2022, which may impact net profitability[26]. Investment and Equity - The company experienced a 65.53% decline in investment income, amounting to ¥1,220,794.60, primarily due to the sale of foreign enterprises[8]. - The company's long-term equity investments decreased to CNY 20,723,777.19 from CNY 25,338,391.69, indicating a reduction in investment holdings[23]. - The company's total equity increased slightly to CNY 1,087,437,489.81 from CNY 1,077,278,387.12, reflecting a stable equity position despite losses[24].