SLSVC(SH:600123)2023-10-27 16:00Financial Performance - Q3 2023 revenue was CNY 3,135,054,316.02, a decrease of 17.18% year-over-year[14] - Net profit attributable to shareholders was CNY 436,627,426.56, down 43.43% compared to the same period last year[14] - The net profit excluding non-recurring gains and losses was CNY 439,312,183.19, reflecting a 53.08% decline year-over-year[14] - Basic earnings per share for Q3 2023 was CNY 0.2940, a decrease of 43.43% from the previous year[14] - The net profit for the first nine months of 2023 was reported at ¥1.83 billion, down from ¥2.40 billion in the same period last year[37] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was CNY 1,798,501,357.78, down 34.8% from CNY 2,758,066,691.16 in 2022[51] - Operating profit for the first three quarters of 2023 was CNY 2,712,436,546.91, a decline of 38.5% compared to CNY 4,411,209,955.50 in the same period of 2022[51] - The company reported a total profit of approximately ¥2.37 billion for the first three quarters of 2023, down 23.3% from ¥3.08 billion in the same period of 2022[58] Cash Flow - Cash flow from operating activities for the year-to-date was CNY 2,683,408,853.28, down 48.73% compared to the same period last year[14] - Cash flow from operating activities for the first three quarters of 2023 was approximately ¥2.55 billion, a decrease of 32.6% compared to ¥3.77 billion in the same period of 2022[63] - The company reported a net cash outflow from financing activities of CNY 1,357,966,011.60 for the first three quarters of 2023, compared to a net outflow of CNY 2,179,294,014.84 in 2022, indicating an improvement[53] - The total cash inflow from financing activities for the first three quarters of 2023 was approximately ¥5.16 billion, an increase of 19.6% compared to ¥4.31 billion in the same period of 2022[63] Assets and Liabilities - Total liabilities as of September 30, 2023, amounted to CNY 16,029,740,326.76, an increase from CNY 15,042,190,890.36 at the end of the previous year[23] - The company's total equity as of September 30, 2023, was CNY 16,326,642,920.86, compared to CNY 15,299,997,635.72 at the end of the previous year[23] - As of September 30, 2023, total assets increased to ¥33.90 billion, up 9.06% from ¥31.06 billion on December 31, 2022[32] - The company's total liabilities increased to ¥13.89 billion, a 16.98% rise from ¥11.87 billion in the previous year[34] - The company's equity attributable to shareholders grew by 5.62% to ¥16.37 billion from ¥15.50 billion[41] - The total assets as of September 30, 2023, amounted to ¥32,356,383,247.62, an increase from ¥30,342,188,526.08 at the end of 2022, reflecting a growth of approximately 6.66%[47] Inventory and Receivables - Inventory levels rose significantly by 77.68% to ¥212.42 million, attributed to increased coal stock[42] - Accounts receivable increased by 0.79% to ¥224.34 million from ¥222.60 million year-over-year[32] - The inventory level rose significantly to ¥817,413,565.45, up from ¥460,038,475.69, indicating an increase of approximately 77.6% compared to the previous year[47] Expenses - Cash flow from operating activities for the first three quarters of 2023 was CNY 2,683,408,853.28, significantly lower than CNY 5,233,551,428.91 in 2022, representing a decrease of 48.8%[53] - Research and development expenses for the first three quarters of 2023 were CNY 31,512,091.40, down from CNY 34,784,159.04 in 2022, indicating a reduction of 9.3%[51] - The company's research and development expenses for the first three quarters of 2023 were approximately ¥29.27 million, a decrease from ¥34.46 million in the same period of 2022[58] - The company experienced a decrease in sales expenses, which were approximately ¥38.10 million in the first three quarters of 2023, down from ¥73.32 million in the same period of 2022[58] - The company reported a significant reduction in tax and additional charges, totaling approximately ¥379.34 million in the first three quarters of 2023, compared to ¥503.73 million in the same period of 2022[58] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,013, with the largest shareholder holding 45.11% of the shares[46] - The company's total share capital increased from CNY 1,142,400,000.00 to CNY 1,485,120,000.00 due to new share issuance[23] Future Plans - The company plans to expand its market presence and invest in new technologies to enhance operational efficiency[35]