ZHEZHONG(002346)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥138,889,497.66, representing a 21.26% increase year-over-year[5] - The net profit attributable to shareholders was -¥28,067,261.00, a decrease of 133.37% compared to the same period last year[5] - The net profit excluding non-recurring gains and losses was ¥47,538,165.33, up 38.17% year-over-year[5] - Total operating revenue for the current period reached ¥527,521,751.15, an increase of 6.4% compared to ¥497,511,743.54 in the previous period[35] - Net profit for the current period was ¥195,430,059.39, a decrease of 35.7% from ¥303,550,524.44 in the previous period[36] - Basic and diluted earnings per share were both ¥0.44, down from ¥0.69 in the previous period[37] Cash Flow and Liquidity - Cash flow from operating activities increased by 345.62% year-to-date, totaling ¥34,378,115.68[26] - The company reported a significant decrease in cash received from sales, totaling ¥450,626,626.33, down from ¥677,471,876.81 in the previous period[37] - The net cash flow from investment activities was -28,747,822.48 CNY, compared to 108,386,293.66 CNY in the previous period[38] - The total cash inflow from financing activities was 160,000,000.00 CNY, while the cash outflow was 138,410,348.94 CNY, resulting in a net cash flow of 21,589,651.06 CNY[38] - The net increase in cash and cash equivalents for the quarter was 27,268,995.38 CNY, with a closing balance of 177,631,114.52 CNY[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,263,374,631.54, a 4.38% increase from the end of the previous year[5] - The company's current assets reached CNY 935,097,692.20, up from CNY 902,792,347.50 at the start of the year, indicating a growth of approximately 3.39%[32] - The total liabilities increased to CNY 1,445,045,940.73 from CNY 1,374,419,611.41, reflecting a rise of about 5.14%[33] - The total non-current assets amounted to CNY 3,328,276,939.34, up from CNY 3,181,690,966.53, indicating an increase of approximately 4.62%[33] - The company's short-term borrowings increased to CNY 100,000,000.00 from CNY 50,000,000.00, reflecting a 100% increase[33] Shareholder Information - The company's basic earnings per share were -¥0.06, down 131.58% compared to the same period last year[5] - The weighted average return on net assets was -0.99%, a decrease of 4.38% year-over-year[5] - The company reported a total of 29,949 common shareholders as of the end of the reporting period[29] Strategic Developments - The company completed the acquisition of Shanghai Hongshi Construction Engineering Co., Ltd. by its subsidiary Shanghai Tianjie Construction Engineering Co., Ltd. as of September 30, 2023[31] - The company is actively pursuing market expansion and new product development strategies to enhance future growth prospects[36] Other Financial Metrics - Research and development expenses increased to ¥2,553,538.19, up from ¥1,603,440.70 in the previous period, reflecting a focus on innovation[35] - Investment income for the current period was ¥134,057,482.89, an increase of 43.1% from ¥93,732,671.79 in the previous period[35] - Total operating costs amounted to ¥460,411,964.05, up 11.8% from ¥411,813,211.43 in the previous period[35] Audit and Reporting - The company did not undergo an audit for the third quarter report[39] - The report indicates that the new accounting standards were not applicable for the current year[39] - The report was issued by the board of directors on October 30, 2023[40]