Financial Performance - The company's revenue for the three months ended March 31, 2023, was RMB 17,460,000, a decrease of 50.1% compared to RMB 35,016,000 for the same period in 2022[3]. - Gross profit for the nine months ended March 31, 2023, was RMB 7,546,000, representing an increase of 4.9% from RMB 7,190,000 for the same period in 2022[3]. - The operating loss for the nine months ended March 31, 2023, was RMB 10,939,000, a significant improvement compared to an operating loss of RMB 26,738,000 for the same period in 2022[3]. - The net loss attributable to the owners of the company for the nine months ended March 31, 2023, was RMB 18,678,000, compared to RMB 32,389,000 for the same period in 2022, indicating a reduction of 42.5%[3]. - The company reported a basic and diluted loss per share of RMB 2.06 for the nine months ended March 31, 2023, down from RMB 3.57 for the same period in 2022[3]. - The total comprehensive loss for the nine months ended March 31, 2023, was RMB 19,864,000, compared to RMB 31,190,000 for the same period in 2022, reflecting a decrease of 36.5%[4]. - The overall loss before tax for the nine months was RMB 18,369 thousand, improving from a loss of RMB 32,761 thousand in the previous year[12]. - The company reported a net loss of RMB 18,678 thousand for the nine months ended March 31, 2023, an improvement from a net loss of RMB 32,389 thousand for the same period in 2022[30]. Revenue Breakdown - For the nine months ended March 31, 2023, total revenue was RMB 88,219 thousand, a decrease of 19.7% compared to RMB 109,820 thousand for the same period in 2022[12]. - The furniture manufacturing and sales segment generated revenue of RMB 36,988 thousand, down 11.4% from RMB 42,000 thousand in the previous year[12]. - The data center segment reported revenue of RMB 18,028 thousand, an increase of 9.5% from RMB 16,457 thousand in the prior year[12]. - The construction management services segment earned RMB 33,203 thousand, a decline of 35.4% compared to RMB 51,363 thousand in the same period last year[12]. - Revenue from external customers in mainland China for the nine months was RMB 88,179 thousand, down 19.5% from RMB 109,544 thousand in the previous year[17]. - Revenue from furniture sales for the three months ended March 31, 2023, was RMB 10,100 thousand, slightly up from RMB 9,894 thousand in the same period of 2022[21]. - Data center business revenue increased to RMB 5,895 thousand for the three months ended March 31, 2023, compared to RMB 5,439 thousand in the same period of 2022, reflecting a growth of 8.4%[21]. - The company's revenue from construction management services for the nine months ended March 31, 2023, was RMB 33,203 thousand, a decrease of 35.4% from RMB 51,363 thousand in the same period of 2022[21]. Cost and Expenses - The group's total cost of sales was approximately RMB 80.7 million, a decrease of about RMB 21.9 million or approximately 21.4% compared to the previous year[50]. - Sales and distribution expenses for the reporting period were approximately RMB 5.0 million, a decrease of about RMB 1.0 million or 17.6% compared to the same period last year[60]. - Administrative and other expenses for the reporting period were approximately RMB 17.6 million, a decrease of about RMB 14.7 million or 45.5% year-on-year[61]. - Financing costs increased to approximately RMB 7.4 million, up about 23.4% from RMB 6.0 million in the same period last year[64]. Strategic Plans - The company plans to continue its market expansion and product development strategies to enhance its competitive position in the industry[6]. - The company plans to strengthen resource allocation in the southwestern market and expand into other regions as conditions permit, focusing on new product development and marketing channel expansion[45]. - The company aims to enhance supply chain management and control costs to improve the operational situation of the furniture segment[45]. - The data center business will seek opportunities to expand its scope and enhance profitability, capitalizing on national policies promoting data center development[45]. - The company will implement employee incentive mechanisms to maintain market share and reasonable profit margins in the southwestern region[45]. Shareholder Information - As of March 31, 2023, Mr. Ma held 245,300,400 shares, representing approximately 27.04% of the issued share capital[72]. - Mr. Yi held 116,580,000 shares, representing approximately 12.85% of the issued share capital[72]. - Mr. Lai held 100,000,000 shares, representing approximately 11.02% of the issued share capital[72]. - The total number of issued ordinary shares as of March 31, 2023, is 907,333,333 shares[80]. Compliance and Governance - The audit committee reviewed the unaudited consolidated financial statements for the nine months ending March 31, 2023, confirming compliance with applicable accounting standards and GEM Listing Rules[90]. - The company has adhered to the corporate governance code as per GEM Listing Rules throughout the reporting period[96].
智昇集团控股(08370) - 2023 Q3 - 季度财报