Financial Performance - For the nine months ended September 30, 2023, the revenue was approximately RMB 71,370,000, a decrease of about 64.8% compared to the same period in 2022[3]. - The net loss attributable to owners for the nine months ended September 30, 2023, was approximately RMB 14,227,000, which is a reduction in loss of about 24.5% compared to RMB 18,836,000 in the same period of 2022[4]. - For the three months ended September 30, 2023, the revenue was approximately RMB 1,435,000, a decline of about 93.9% from RMB 23,501,000 in the same period of 2022[4]. - The gross loss for the nine months ended September 30, 2023, was RMB 9,056,000, compared to a gross profit of RMB 20,580,000 in the same period of 2022[5]. - The total comprehensive loss for the nine months ended September 30, 2023, was RMB 12,575,000, down from RMB 18,066,000 in the same period of 2022[5]. - The basic and diluted loss per share for the nine months ended September 30, 2023, was RMB 3.46, compared to RMB 4.58 for the same period in 2022[7]. - Total revenue for the three months ended September 30, 2023, was RMB 1,435,000, compared to RMB 23,501,000 for the same period in 2022, representing a decrease of approximately 93.9%[17]. - Revenue from system integration services for the nine months ended September 30, 2023, was RMB 58,845,000, down from RMB 179,116,000 in the same period of 2022, a decline of about 67.2%[17]. - The revenue from contracts with customers for the nine months ended September 30, 2023, was RMB 64,774,000, down from RMB 192,451,000 in the same period of 2022, a decline of approximately 66.3%[17]. - The revenue from property management services for the nine months ended September 30, 2023, was RMB 1,749,000, down from RMB 2,391,000 in the same period of 2022, a decrease of approximately 26.9%[17]. Expenses and Costs - The administrative expenses for the nine months ended September 30, 2023, were RMB 15,712,000, a decrease from RMB 25,597,000 in the same period of 2022[5]. - The financing costs for the nine months ended September 30, 2023, were RMB 5,928,000, down from RMB 7,078,000 in the same period of 2022[5]. - Financing costs for the three months ended September 30, 2023, totaled RMB 1,992,000, a slight decrease from RMB 2,062,000 in the same period of 2022, reflecting a reduction of approximately 3.4%[21]. - Interest on bank and other borrowings for the nine months ended September 30, 2023, was RMB 5,856,000, compared to RMB 6,950,000 in the same period of 2022, reflecting a decline of about 15.7%[21]. Corporate Governance and Shareholding - The company did not recommend the payment of any dividends for the nine months ended September 30, 2023[3]. - The company did not recommend the payment of dividends for this period, consistent with the previous year[28]. - As of September 30, 2023, the company has issued a total of 411,000,000 shares, comprising 347,850,000 domestic shares and 63,150,000 H shares[42]. - Mr. Zhu Yongning holds 29.49% of the company's domestic shares and 24.96% of the total equity[35]. - Jiangsu Kenen Electric Technology Co., Ltd. holds 29.06% of the domestic shares and 24.60% of the total equity[38]. - Anhui Jiuxi Industrial Investment Co., Ltd. owns 20.76% of the domestic shares and 17.57% of the total equity[38]. - As of September 30, 2023, there are no other individuals holding 5% or more of the company's shares apart from the disclosed major shareholders[39]. - No directors or their close associates hold any interests in businesses that compete or may compete with the company[40]. - The audit committee, consisting of three independent non-executive directors, reviewed and approved the financial reports for the third quarter[44]. - The company is committed to maintaining high standards of corporate governance and has adopted a governance code to ensure transparency and effective risk control[43]. Future Outlook and Business Strategy - The company continues to focus on the development of new products and technologies, particularly in online education, integrating AI and VR to enhance interactive teaching experiences[32]. - The company is actively pushing for the acceptance and settlement of ongoing key projects to ensure performance for the year[31]. - The company is exploring new business opportunities through its investment in Nanjing Zhonggao Intellectual Property Co., which is providing customized services to key clients[33]. - The overall economic recovery trend in China is expected to provide new opportunities for the company's development[34]. - The company is committed to strengthening its existing smart business platforms and enhancing its professional capabilities to capture potential growth opportunities[34]. Regulatory Compliance - The company has applied revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial position and performance for the current and prior years[14]. - The company has not early adopted new and revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, indicating a cautious approach to regulatory changes[15]. - The company expects that the application of new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[15]. Taxation - The estimated corporate income tax for subsidiaries in China is calculated at either 15% or 25% based on taxable profits for the period ending September 30, 2023[23]. - The company has obtained the High-tech Enterprise Certificate in China, allowing it to enjoy a preferential tax rate of 15% for three years starting from 2020[23]. Other Information - The company has not purchased, sold, or redeemed any listed securities during the nine months ending September 30, 2023[45]. - The company has not disclosed any new product developments or market expansion strategies in the current report[43].
南大苏富特(08045) - 2023 Q3 - 季度财报