FLDT(SH:600228)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥60,903,668.86, a decrease of 67.45% compared to the same period last year[2]. - The net profit attributable to shareholders for Q3 2023 was -¥607,327.58, representing a decline of 101.48% year-over-year[2]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥804,027.81, down 101.94% from the previous year[2]. - The basic earnings per share for Q3 2023 was -¥0.0009, a decrease of 101.88% compared to the same period last year[2]. - Total revenue for the first three quarters of 2023 was ¥192,888,144.20, a decrease of 45.5% compared to ¥354,217,007.52 in the same period of 2022[26]. - Operating profit for Q3 2023 was -¥8,597,005.83, compared to an operating profit of ¥47,912,859.44 in Q3 2022, indicating a significant decline[27]. - Net profit for Q3 2023 was -¥12,717,081.87, a stark contrast to the net profit of ¥47,679,696.83 in Q3 2022[27]. - The net profit attributable to the parent company for Q3 2023 was -12,717,081.87 CNY, compared to a profit of 47,679,696.83 CNY in Q3 2022, indicating a significant decline[28]. - The basic earnings per share for Q3 2023 was -0.0181 CNY, down from 0.0579 CNY in the same period last year[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥696,758,759.92, a decrease of 49.27% from the end of the previous year[3]. - The equity attributable to shareholders at the end of the reporting period was ¥504,277,963.31, down 56.03% from the end of the previous year[3]. - Cash and cash equivalents as of September 30, 2023, were ¥379,411,962.32, down from ¥419,512,363.86 at the end of 2022, representing a decrease of 9.4%[22]. - Total assets decreased to ¥696,758,759.92 as of September 30, 2023, from ¥1,373,567,808.53 at the end of 2022, a decline of 49.3%[23]. - Total liabilities decreased to ¥192,480,796.61 in Q3 2023 from ¥226,675,117.32 in Q3 2022, a reduction of 15.1%[24]. - The company’s total current assets as of September 30, 2023, were ¥569,759,788.30, down from ¥1,243,243,202.47 at the end of 2022, a decrease of 54.1%[22]. - The company’s total equity decreased to ¥504,277,963.31 as of September 30, 2023, from ¥1,146,892,691.21 at the end of 2022, a decline of 56.0%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥33,627,197.73, a decline of 133.68% compared to the previous year[2]. - The net cash flow from operating activities for the first nine months of 2023 was -33,627,197.73 CNY, a decrease from 99,848,428.65 CNY in the first nine months of 2022[30]. - Total cash inflow from operating activities for the first nine months of 2023 was 233,942,622.65 CNY, down 50% from 468,069,389.85 CNY in the same period last year[30]. - Cash outflow from operating activities for the first nine months of 2023 was 267,569,820.37 CNY, compared to 368,220,961.20 CNY in the first nine months of 2022[30]. - The company reported an investment cash outflow of 2,678,303.62 CNY in Q3 2023, significantly reduced from 90,225,874.37 CNY in Q3 2022[31]. - The net cash flow from financing activities for Q3 2023 was -3,504,000.00 CNY, compared to -460,606,748.94 CNY in Q3 2022, indicating a reduction in financing outflows[31]. - The ending cash and cash equivalents balance as of Q3 2023 was 371,849,797.05 CNY, a slight decrease from 380,637,615.47 CNY at the end of Q3 2022[31]. Business Strategy and Development - The company attributed the decline in operating revenue to intensified industry competition and reduced investment in traditional guide services[8]. - The company plans to continue investing in the development of new products in the vertical application field within the guide sector[8]. - The company's main business revenue decreased significantly due to intensified industry competition and reduced investment in traditional guide services, leading to a decline in guide revenue[16]. - The net profit for the reporting period dropped significantly, primarily due to decreased operating income and increased R&D expenses for new products in the guide field[17]. - The company is exploring the application of artificial intelligence technology in the guide field to enhance user shopping experiences and decision-making[16]. - The company has developed an e-commerce guide app named "Ruyi," which is currently not yet launched but is undergoing testing preparations[17]. - The advertising business showed growth, indicating a gradual recovery in advertiser confidence, although the scale of recovery was below expectations[16]. - The company aims to optimize operational strategies and enhance cost control to improve business efficiency and profitability[16]. Shareholder Information - The company has repurchased and canceled 118,432,624 shares as part of the 2022 performance compensation plan, which is expected to positively impact earnings per share[4]. - The company has repurchased and canceled 118,432,624 shares from 10 compensation obligors, with an additional 4,691,297 shares repurchased and canceled, bringing the total shares to 606,673,731[19]. - The top 10 shareholders hold a total of 32,057 shares, with the largest shareholder holding 20% of the total shares[11]. Regulatory Compliance - The company has completed the filing of deep synthesis service algorithms in accordance with national regulations[17]. - The company is not applying new accounting standards for the current year[31].