ELION(SH:600277)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥2,193,841,017.12, a decrease of 16.51% year-on-year[3]. - The net profit attributable to shareholders for Q3 2023 was ¥5,920,326.37, down 97.38% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥11,765,740.04, a decline of 105.72% year-on-year[3]. - The basic earnings per share for Q3 2023 was ¥0.0017, down 97.23% year-on-year[3]. - The company reported a net loss for the first three quarters of 2023, with total costs exceeding total revenues, leading to a challenging financial outlook[17]. - In Q3 2023, the company's net profit was CNY 10,118,031.22, a significant decrease from CNY 989,053,345.37 in Q3 2022, reflecting a decline of approximately 98.98%[18]. - The total comprehensive income for Q3 2023 was CNY 10,640,458.89, a significant drop from CNY 991,811,593.64 in Q3 2022, representing a decline of approximately 98.93%[18]. - Net profit for the first three quarters of 2023 was ¥428.02 million, a decrease of 31.6% compared to ¥626.06 million in the same period of 2022[27]. - Operating revenue for the first three quarters of 2023 was ¥2.47 billion, down 15.8% from ¥2.93 billion in the same period of 2022[27]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥34,795,649,882.93, a decrease of 0.79% from the end of the previous year[4]. - Total assets as of September 30, 2023, were CNY 34,795,649,882.93, a slight decrease from CNY 35,072,628,509.53 at the end of 2022, representing a decline of about 0.8%[15]. - Total liabilities decreased to CNY 14,922,450,871.95 as of September 30, 2023, from CNY 15,132,074,004.45 at the end of 2022, indicating a reduction of about 1.4%[15]. - Non-current liabilities increased to CNY 6,457,746,807.40 as of September 30, 2023, compared to CNY 5,500,839,705.17 at the end of 2022, reflecting an increase of approximately 17.4%[15]. - Total liabilities decreased to ¥6.60 billion from ¥6.78 billion, a reduction of approximately 2.68%[26]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥958,822,731.68, an increase of 152.25%[3]. - The net cash flow from operating activities for the first nine months of 2023 was CNY 958,822,731.68, an increase of 152.73% compared to CNY 380,106,689.93 in the same period of 2022[21]. - The company reported a net cash outflow from investing activities of CNY 93,891,255.97 in the first nine months of 2023, an improvement from a net outflow of CNY 319,297,250.45 in the same period of 2022[22]. - The cash flow from financing activities showed a net outflow of CNY 875,652,711.41 in the first nine months of 2023, compared to a net outflow of CNY 2,050,375,768.47 in the same period of 2022, indicating a reduction in cash outflow by approximately 57.25%[22]. - The net cash flow from investing activities improved to ¥477,308,115.01, compared to a negative cash flow of -¥786,995,754.68 in the same period last year[30]. Research and Development - The company plans to enhance its research and development efforts, with R&D expenses increasing by 33.70% compared to the previous year[7]. - Research and development expenses increased to CNY 275,399,553.46 in 2023 from CNY 205,982,389.10 in 2022, reflecting a growth of approximately 33.5%[17]. - Research and development expenses increased to ¥73.66 million, up 101.9% from ¥36.51 million in the previous year[27]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 118,964[10]. - The largest shareholder, Yili Resources Group Co., Ltd., holds 1,240,043,000 shares, representing 34.83% of the total shares[10]. Government Support - The company received government subsidies amounting to ¥19,876,174.54 during the reporting period, contributing to non-recurring gains[6]. Accidents and Incidents - A high-pressure gas leak accident occurred at a subsidiary, resulting in 10 fatalities and 3 injuries, prompting emergency response and rectification measures[12].