HNHS(SH:600156)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 110.39 million, a decrease of 41.38% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 12.60 million for the current period, with a year-to-date loss of CNY 22.14 million[5]. - Net profit for the first three quarters of 2023 was a loss of CNY 32,050,954.11, compared to a loss of CNY 203,750,585.64 in the same period of 2022, showing an improvement[19]. - Operating revenue for the first three quarters of 2023 was CNY 488,036,211.50, down from CNY 675,258,593.73 in 2022, representing a decrease of approximately 27.8%[18]. - Total operating costs for the first three quarters of 2023 were CNY 539,555,207.10, down from CNY 851,809,965.44, a decrease of about 36.6%[18]. - The company reported a basic and diluted earnings per share of -CNY 0.0550 for the current period, compared to -CNY 0.4505 in the same period last year[19]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was CNY -33.80 million[5]. - Cash flow from operating activities showed a net outflow of CNY 33,802,222.04, an improvement from the outflow of CNY 161,637,750.85 in the previous year[20]. - Cash flow from investment activities showed a net outflow of -$10.9 million in Q3 2023, compared to a net inflow of $120.5 million in Q3 2022[21]. - Cash flow from financing activities resulted in a net outflow of -$10.3 million in Q3 2023, down from a net inflow of $20.9 million in Q3 2022[21]. - The company reported a decrease in cash flow from operations, with a net cash decrease of -$55 million in Q3 2023 compared to -$20.3 million in Q3 2022[21]. - The beginning cash balance for Q3 2023 was $132.9 million, down from $154.8 million in Q3 2022[21]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 913.74 million, down 6.37% from the previous year[6]. - Total current assets decreased to CNY 402,090,287.18 from CNY 493,271,416.36, a decline of approximately 18.5%[15]. - Total liabilities decreased to CNY 529,754,564.61 from CNY 559,877,694.63, a reduction of about 5.4%[15]. - Total non-current assets increased to CNY 511,648,650.06 from CNY 482,641,605.01, an increase of approximately 6.9%[15]. - The company has a total equity of CNY 383,984,372.63, down from CNY 416,035,326.74, a decrease of approximately 7.7%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,138[11]. - The largest shareholder, Hunan Xingxiang Investment Holding Group Co., Ltd., holds 40.31% of the shares[11]. Government Support - The company received government subsidies amounting to CNY 734,159.08 in the current period, totaling CNY 4,967,973.24 year-to-date[8]. Revenue Decline Factors - The company attributed the decline in revenue to reduced export trade orders due to international tensions and complex trade environments[9]. Return on Assets - The weighted average return on net assets was -2.92%, an increase of 16.82 percentage points compared to the previous year[5]. Accounting Practices - The company did not apply new accounting standards for the current year, indicating stability in financial reporting practices[21].