长江投资(600119) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥251,887,095.33, a decrease of 26.32% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was -¥2,962,091.82, representing a decline of 181.72% year-on-year[5] - Basic earnings per share for the current period were -¥0.008, down 180.00% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥2,870,512.59, a decrease of 185.32% compared to the same period last year[11] - Net profit for the third quarter of 2023 was a loss of CNY 4,970,091.63, compared to a profit of CNY 3,244,213.63 in the same quarter of 2022, indicating a significant decline[22] - Total operating revenue for the first three quarters of 2023 was CNY 635,069,350.07, a decrease of 37.8% compared to CNY 1,020,471,655.43 in the same period of 2022[21] - Total operating costs for the first three quarters of 2023 were CNY 639,236,564.72, down from CNY 1,009,314,432.26 in the previous year, reflecting a reduction of 36.7%[21] Cash Flow and Liquidity - The cash flow from operating activities showed a net outflow of ¥60,610,345.03, a decrease of 279.57% compared to the previous year[6] - The cash flow from operating activities for the first three quarters of 2023 was not detailed, but the overall financial health indicates a need for strategic adjustments[24] - In the first three quarters of 2023, the net cash flow from operating activities was -60,610,345.03, a decrease from 33,753,162.33 in the same period of 2022[26] - Total cash inflow from operating activities was 626,723,288.46, down from 1,079,810,892.95 in the previous year, representing a decline of approximately 42%[26] - Cash outflow from operating activities totaled 687,333,633.49, compared to 1,046,057,730.62 in 2022, indicating a reduction of about 34%[26] - The total cash and cash equivalents at the end of the period were 111,880,666.27, down from 190,948,028.14 in the previous year[27] Assets and Liabilities - Total assets at the end of the reporting period were ¥784,224,075.77, an increase of 1.37% from the end of the previous year[6] - The company's total liabilities as of the third quarter of 2023 amounted to CNY 433,692,639.96, an increase from CNY 416,104,194.35 in the previous year[20] - The total equity attributable to shareholders of the listed company was ¥190,937,976.08, down 3.17% from the previous year[6] - The total equity attributable to shareholders of the parent company was CNY 190,937,976.08, down from CNY 197,179,464.84 year-over-year[20] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,313[13] - The largest shareholder, Changjiang Economic United Development Group, holds 167,418,761 shares, representing 45.83% of total shares[13] - The company has a total of 5,049,841 shares held by individual shareholder Gu Shenchen, representing 1.38% of total shares[14] Investment and Research - Research and development expenses for the first three quarters of 2023 were CNY 4,148,695.59, an increase of 62% compared to CNY 2,564,462.37 in the same period of 2022[21] - The company reported a cash inflow from other investment activities of 401,000,000.00, a significant increase from 83,000,000.00 in 2022[26] Future Outlook - Future outlook remains cautious due to the significant net loss and declining revenues, necessitating a review of operational strategies[23] - The company is involved in an arbitration case regarding an investment agreement, with a decision expected by January 15, 2024[15] Other Financial Metrics - The weighted average return on net assets was -1.53%, a decrease of 3.24 percentage points compared to the previous year[6] - Cash and cash equivalents decreased to ¥111,881,666.27 from ¥219,805,624.07 year-over-year[17] - Accounts receivable increased significantly to ¥283,379,077.74 from ¥190,869,655.19 year-over-year, indicating a growth of approximately 48.5%[18] - The total non-current assets decreased to ¥172,357,351.05 from ¥195,295,367.68 year-over-year[18] - The company has short-term borrowings of ¥171,254,212.42 as of September 30, 2023, slightly up from ¥170,852,444.39 at the end of 2022[18] - The net cash flow from investing activities was -27,813,020.12, slightly worse than -26,039,480.64 in the same period last year[27] - Cash inflow from investing activities was 404,230,278.23, significantly higher than 101,242,133.33 in 2022, marking an increase of over 300%[27] - Cash outflow from investing activities was 432,043,298.35, compared to 127,281,613.97 in the previous year, reflecting an increase of approximately 239%[27] - The net cash flow from financing activities was -24,519,284.27, compared to -21,128,021.91 in the same period of 2022[27] - The company experienced a foreign exchange impact on cash and cash equivalents of 5,018,691.62, compared to 9,928,670.63 in the previous year[27]