2017-10-27 16:00Financial Performance - Operating revenue for the first nine months was CNY 848,367,431.30, an increase of 20.96% year-on-year[8] - Net profit attributable to shareholders for the first nine months was CNY -75,922,899.89, improving from CNY -103,998,142.80 in the same period last year[8] - Basic and diluted earnings per share were both CNY -0.16, compared to CNY -0.22 in the previous year[9] - Total operating revenue for Q3 2023 reached ¥312,561,346.07, a 44.5% increase from ¥216,298,821.39 in Q3 2022[31] - Net profit for Q3 2023 was a loss of ¥34,559,753.28, compared to a loss of ¥41,747,125.91 in Q3 2022, showing an improvement of 17.5%[32] - The company reported a total profit loss of ¥33,407,303.21 for Q3 2023, an improvement from a loss of ¥41,191,154.91 in Q3 2022[32] - Basic earnings per share for Q3 2023 were -0.06, compared to -0.07 in Q3 2022[33] - Operating profit for Q3 2023 was ¥8,020,577.65, an increase from ¥7,381,529.61 in Q3 2022[35] - The company achieved a total comprehensive loss of ¥33,579,443.91 in Q3 2023, compared to a loss of ¥44,559,797.42 in Q3 2022[33] Cash Flow and Liquidity - Net cash flow from operating activities for the first nine months was CNY -78,498,955.45, a decrease of 330.45% compared to the same period last year[8] - The company received cash related to operating activities amounting to ¥27,605,558.45, a 51.50% increase year-on-year[18] - Operating cash inflow for the first nine months of 2017 was ¥672,816,029.01, compared to ¥558,819,747.25 in the previous year, reflecting a growth of approximately 20.3%[38] - The net cash flow from operating activities for the first nine months of 2017 was -¥78,498,955.45, a decline from a positive net cash flow of ¥34,063,872.50 in the same period last year[39] - Cash and cash equivalents at the end of Q3 2017 stood at ¥43,500,295.19, down from ¥126,624,320.47 at the end of the previous year[39] - The company received cash from borrowings amounting to ¥231,968,599.92 in the first nine months of 2017, compared to ¥140,000,000.00 in the same period last year[39] - The net cash flow from financing activities was ¥42,116,871.56, a significant improvement from -¥51,751,636.68 in the previous year[39] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,843,216,477.28, a decrease of 0.36% compared to the end of the previous year[8] - The company's cash and cash equivalents decreased to CNY 59,748,955.19 from CNY 118,829,271.77, a decline of about 49.7%[23] - Current liabilities increased to CNY 814,221,493.10 from CNY 739,830,470.93, reflecting a growth of approximately 10.5%[24] - The total liabilities reached CNY 954,229,776.88, compared to CNY 878,023,579.43 at the beginning of the year, marking an increase of approximately 8.7%[24] - The company's equity attributable to shareholders decreased to CNY 496,242,353.97 from CNY 565,197,855.29, a decline of about 12.2%[25] - The company’s total liabilities decreased significantly, with accounts payable dropping by 89.31% to ¥3,207,783.36, as no new bills were issued during the period[17] Investments and Expenses - The company reported non-recurring gains of CNY 4,171,719.52 for the first nine months[12] - Financial expenses increased by 65.27% to ¥16,930,825.73, primarily due to increased exchange rate losses[18] - The company’s investment income decreased by 145.23% to -¥2,322,702.26, mainly due to reduced profits from joint ventures[18] - The company’s tax expenses rose by 147.04% to ¥9,165,992.63, due to the inclusion of property taxes and related fees[18] - Management expenses for Q3 2023 were ¥1,320,787.97, up from ¥1,093,349.99 in Q3 2022[35] - Tax expenses for Q3 2023 amounted to ¥1,152,450.07, compared to ¥555,971.00 in Q3 2022[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 17,348[14] - The largest shareholder, Beijing Jingcheng Machinery Holdings Co., Ltd., held 43.30% of the shares[14] Operational Developments - The company has not disclosed any new product or technology developments in this report[8] - There were no significant mergers or acquisitions reported during the quarter[8]