ELHT(SH:600133)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 4,443,575,449.60, representing a year-over-year increase of 15.48%[4] - The net profit attributable to shareholders for Q3 2023 was CNY 135,124,856.82, showing a decrease of 6.94% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 107,239,994.78, down 22.00% year-over-year[4] - The company's operating profit for Q3 2023 is 415,312,395.38, a decrease from 473,969,522.05 in Q3 2022, representing a decline of approximately 12%[33] - The company reported a net profit of 414,356,486.44 for Q3 2023, down from 473,653,260.30 in Q3 2022, a decrease of about 12%[33] - The total comprehensive income attributable to the parent company for Q3 2023 is 238,011,859.72, down from 304,984,323.58 in Q3 2022, reflecting a decrease of about 22%[36] - Basic earnings per share for Q3 2023 is 0.2548, compared to 0.3667 in Q3 2022, indicating a decline of approximately 30%[36] - The basic earnings per share for Q3 2023 was CNY 0.1564, down 5.50% year-over-year[20] - The diluted earnings per share for Q3 2023 was CNY 0.1419, an increase of 9.83% compared to the same period last year[20] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 37,278,927,510.54, reflecting a 6.60% increase from the end of the previous year[20] - The total assets increased to ¥37,278,927,510.54 in 2023 from ¥34,970,157,438.28 in 2022, marking an increase of approximately 6.58%[45] - The total liabilities for the company increased, with a notable rise in short-term borrowings, reflecting a strategic move to enhance liquidity[39] - Total liabilities rose to ¥27,104,414,549.61 in 2023, compared to ¥25,009,271,945.86 in 2022, indicating an increase of about 8.37%[45] - Short-term borrowings increased significantly to ¥619,070,000.00 in 2023 from ¥290,000,000.00 in 2022, representing a growth of about 113.83%[45] - Contract liabilities rose to ¥3,257,934,003.72 in 2023, compared to ¥2,669,286,635.43 in 2022, reflecting an increase of approximately 22.00%[45] Cash Flow - The company reported a net cash flow from operating activities of CNY -2,025,716,223.29 for the year-to-date period, indicating a significant cash outflow[4] - The net cash flow from operating activities for the first three quarters of 2023 was -2,025,716,223.29 RMB, compared to -247,669,206.14 RMB in the same period of 2022, indicating a significant decline[39] - Total cash inflow from operating activities was 7,949,946,053.23 RMB, up from 7,752,689,056.81 RMB year-over-year[39] - Cash outflow from operating activities increased to 9,975,662,276.52 RMB, compared to 8,000,358,262.95 RMB in the previous year, reflecting a rise of approximately 24.8%[39] - The company reported a total of 3,901,336,745.92 RMB in cash and cash equivalents at the end of Q3 2023, down from 4,655,875,557.77 RMB at the end of 2022[42] Shareholder Information - The total number of common shareholders at the end of the reporting period is 59,071[25] - The largest shareholder, Hubei Construction Investment Group Co., Ltd., holds 168,650,053 shares, accounting for 18.53% of total shares[25] Non-Recurring Gains and Investments - Non-recurring gains included government subsidies amounting to CNY 1,328,419.49 for Q3 2023[6] - The company recorded a total of CNY 27,884,862.04 in non-recurring gains for the year-to-date period[22] - The company reported a significant increase in cash outflow for investment activities, totaling 620,037,362.65 RMB, compared to 1,250,367,270.92 RMB in the previous year, reflecting a strategic shift in investment focus[39] Future Plans and Market Strategy - The company plans to sell 66% of its stake in Hubei Road and Bridge Group Co., Ltd. for cash, which will result in the company holding a 34% stake post-transaction[27] - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[40] Employee Compensation and Tax Liabilities - The company reported a decrease in employee compensation payable to ¥17,819,619.72 in 2023 from ¥20,319,754.35 in 2022, a decline of approximately 7.37%[45] - Deferred income tax liabilities decreased to ¥70,097,316.23 in 2023 from ¥88,579,252.95 in 2022, indicating a reduction of about 20.83%[45]