Nations(300077)2023-10-27 16:00Financial Performance - The net profit attributable to shareholders, excluding non-recurring gains and losses, was -68.38 million yuan in Q3 2023, a decrease of 547.11% year-on-year [5]. - The total revenue for Q3 2023 was 294.76 million yuan, representing a decline of 0.84% compared to the same period last year [16]. - The company reported a significant increase in operating expenses, with non-operating expenses rising by CNY 749,200, a growth of 1,531.51% [45]. - Operating profit for the current period is a loss of approximately ¥387.61 million, compared to a profit of ¥26.17 million in the previous period [64]. - Net profit for the current period is a loss of approximately ¥365.93 million, compared to a profit of ¥16.94 million in the previous period [64]. - The company reported a decrease in comprehensive income, with a total of approximately -¥364.23 million compared to ¥23.18 million in the previous period [67]. Cash Flow - The company's cash flow from operating activities showed a net outflow of -328.57 million yuan, an increase of 40.21% year-on-year [16]. - Net cash flow from operating activities increased by CNY 220.99 million, a growth of 40.21%, mainly due to reduced cash payments for goods and services [46]. - Cash inflow from operating activities totaled approximately ¥587.56 million, down from ¥858.89 million in the previous period [68]. - Total cash outflow from operating activities amounted to 916,128,327.59, down from 1,408,454,925.81 in the previous year [70]. - The net cash flow from operating activities was -328,573,084.88, an improvement from -549,565,082.80 in the previous year [70]. Assets and Liabilities - The total assets increased by 10.01% to 4.08 billion yuan compared to the end of the previous year [17]. - Total current assets as of September 30, 2023, amounted to CNY 2,229.15 million, compared to CNY 2,192.84 million at the beginning of the year [55]. - Total liabilities increased to approximately ¥2.54 billion, compared to ¥1.96 billion in the previous period [59]. - Long-term borrowings increased by 44.10 million yuan, a growth of 117.15% compared to the beginning of the period [26]. - Long-term borrowings increased to CNY 817.39 million from CNY 376.42 million at the beginning of the year [57]. Equity - The company's total equity attributable to shareholders decreased by 11.82% to 1.45 billion yuan compared to the end of the previous year [17]. - Total equity attributable to shareholders of the parent company decreased to approximately ¥1.45 billion from ¥1.65 billion in the previous period [59]. - The number of shares outstanding as of the last trading day before disclosure was 594,841,000 shares [6]. - The total number of common shareholders at the end of the reporting period was 86,262 [74]. - The top ten shareholders held a combined 10.00% of the shares, with the largest shareholder, Sun Yingtong, owning 22,244,400 shares, representing 3.74% [74]. Income and Expenses - The investment income rose by 18.34 million yuan, a growth of 356.60% year-on-year, mainly due to distributions from project exits [28]. - Other income decreased by CNY 19.35 million, a decline of 51.78%, mainly due to reduced VAT refunds and government subsidies [41]. - Taxes and surcharges decreased by CNY 2.02 million, down 46.46%, primarily due to a reduction in sales revenue [40]. - Total operating costs increased to approximately ¥1.08 billion, up 13.7% from ¥951.95 million in the previous period [62]. Shareholder Information - The number of restricted shares at the beginning of the period was 40,566,500, with 15,002,400 shares released during the period [78]. - The company plans to unlock 25% of the total number of locked shares each year, with certain incentive shares set to unlock in 2024 [78].