ECEC(002199)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was ¥38,660,450.74, a decrease of 6.53% compared to the same period last year[4]. - The net profit attributable to shareholders was -¥18,243,129.50, representing a 3.36% increase in losses year-over-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥21,005,590.56, a decline of 5.33% compared to the previous year[4]. - The basic earnings per share for Q3 2023 was -¥0.0749, an increase in losses of 3.35% year-over-year[4]. - The net profit for Q3 2023 was -43,816,210.14 CNY, compared to -36,392,429.37 CNY in Q3 2022, representing a decline of approximately 20.5% year-over-year[18]. - Operating profit for Q3 2023 was -43,557,549.19 CNY, an increase in loss from -36,541,344.05 CNY in the same period last year[18]. - The total revenue for the period from January to September 2023 was CNY 125,871,653.54, down from CNY 134,944,221.56 in the same period last year, reflecting a decrease of approximately 6.4%[17]. - The company reported a total revenue from sales of goods and services of 82,474,400.47 CNY for the first nine months of 2023, down from 113,333,475.18 CNY in the same period last year, reflecting a decline of approximately 27.2%[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥519,945,436.26, down 5.80% from the end of the previous year[4]. - As of September 30, 2023, the company's total assets amounted to CNY 519,945,436.26, a decrease from CNY 551,938,924.22 at the beginning of the year[16]. - The company's total liabilities as of September 30, 2023, were CNY 196,734,321.03, compared to CNY 184,911,081.86 at the start of the year, indicating an increase in liabilities[15]. - The total equity attributable to shareholders decreased to CNY 322,649,034.18 from CNY 366,351,518.18, a decline of about 11.9%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥3,690,217.40, an improvement of 86.52% compared to the same period last year[4]. - Cash flow from operating activities for the first nine months of 2023 was -3,690,217.40 CNY, an improvement from -27,374,436.19 CNY in the previous year[21]. - The company incurred a total of 93,097,133.03 CNY in cash outflows from operating activities in the first nine months of 2023, compared to 154,941,085.46 CNY in the previous year[21]. - The net cash flow from investing activities was -11,751,797.27 CNY for the first nine months of 2023, compared to -58,939,931.10 CNY in the same period last year[22]. - The net cash flow from financing activities was 27,465,823.39 CNY in the first nine months of 2023, a significant increase from -10,508,523.71 CNY in the previous year[22]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,063[10]. - The equity attributable to shareholders decreased by 11.93% to ¥322,649,034.18 compared to the end of the previous year[4]. Other Financial Metrics - The company received government subsidies amounting to ¥2,944,285.36 during the reporting period, contributing to non-recurring gains[5]. - The company reported an increase in financial expenses and depreciation, which contributed to the decline in net profit[8]. - Cash and cash equivalents increased to CNY 47,495,116.54 from CNY 42,191,825.06, representing a growth of approximately 7.8%[13]. - Accounts receivable decreased to CNY 49,355,866.48 from CNY 55,067,720.81, indicating a reduction of about 10.3%[14]. - Inventory levels decreased to CNY 66,380,888.77 from CNY 84,404,522.33, reflecting a decline of approximately 21.4%[14]. - The company's long-term borrowings increased significantly to CNY 67,791,000.00 from CNY 35,000,000.00, indicating a rise of approximately 93.4%[15]. - Basic and diluted earnings per share for Q3 2023 were both -0.1795 CNY, compared to -0.1489 CNY in Q3 2022[18]. - The company did not undergo an audit for the Q3 2023 report[23].