*ST商城(600306) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥74,657,517.54, representing a year-on-year increase of 197.06%[4] - The net profit attributable to shareholders for Q3 2023 was -¥312,994,963.67, with no applicable year-on-year comparison due to significant losses[4] - The basic and diluted earnings per share for Q3 2023 were both -¥1.35, with no applicable year-on-year comparison[5] - The weighted average return on equity was -20.69% for Q3 2023, indicating a significant decline due to increased losses[5] - The net loss for Q3 2023 was CNY 361,434,363.23, compared to a net loss of CNY 62,909,513.76 in Q3 2022, reflecting a deterioration in financial performance[20] - The basic and diluted earnings per share for Q3 2023 were both CNY -1.56, compared to CNY -0.27 in Q3 2022, indicating a significant decline in profitability per share[20] - The total comprehensive loss for Q3 2023 was CNY -361,434,363.23, compared to CNY -62,909,513.76 in Q3 2022, highlighting a significant increase in overall losses[20] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥137,799,000.41, reflecting a decrease of 89.62% compared to the end of the previous year[5] - The total assets as of September 30, 2023, amounted to 137,799,000.41 RMB, a significant decrease from 1,327,080,780.96 RMB at the end of 2022[16] - The total liabilities as of Q3 2023 amounted to CNY 696,649,885.19, a decrease from CNY 1,524,497,302.51 in the previous year[19] - The total equity attributable to shareholders was -¥559,651,162.84 at the end of Q3 2023, with no applicable year-on-year comparison[5] - The total equity attributable to shareholders of the parent company was CNY -559,651,162.84 in Q3 2023, compared to CNY -198,222,019.09 in Q3 2022, showing a worsening equity position[19] Cash Flow - The company reported a cash flow from operating activities of -¥26,200,723.98 for the year-to-date period[4] - In the first three quarters of 2023, the net cash flow from operating activities was -26,200,723.98, compared to -23,437,371.18 in the same period of 2022, indicating a decline in cash flow[22] - Total cash inflow from operating activities decreased to 189,612,725.03 in 2023 from 281,546,006.75 in 2022, representing a drop of approximately 32.7%[22] - Cash outflow from operating activities also decreased to 215,813,449.01 in 2023 from 304,983,377.93 in 2022, a reduction of about 29.2%[22] - The net cash flow from investing activities was -793,155.80 in 2023, compared to an inflow of 27,000.00 in 2022, indicating a significant shift in investment cash flow[23] - Cash inflow from financing activities in 2023 was 25,000,000.00, while cash outflow was 430,839.65, resulting in a net cash flow of 24,569,160.35, a recovery from -65,930,352.12 in 2022[23] Operational Highlights - The company experienced a significant increase in operating revenue due to self-operated income compared to the same period last year[9] - Total operating revenue for the first three quarters of 2023 reached CNY 156,826,383.51, a significant increase from CNY 87,754,650.67 in the same period of 2022, representing an increase of approximately 78.5%[18] - The total operating costs for Q3 2023 were CNY 231,549,789.19, up from CNY 146,449,116.54 in Q3 2022, indicating a year-over-year increase of about 58.2%[19] Risks and Warnings - The company is under a pre-restructuring process initiated by the Shenyang Intermediate Court, which poses a risk of potential bankruptcy if the restructuring fails[12] - The company has been under delisting risk warning since March 31, 2023, due to negative net profit and net assets[13] - The company’s stock is subject to additional risk warnings due to the continuous negative net profit over the last three accounting years[13] Shareholder Information - The top shareholder, Shenzhen Leading Semiconductor Investment Co., Ltd., holds 23.08% of the shares, totaling 53,436,000 shares[10] Government Support - The company received government subsidies amounting to ¥41,480.55 during the reporting period[7] Inventory and Current Assets - The company's total current assets increased to 81,190,389.15 RMB from 59,571,107.35 RMB year-over-year, reflecting a growth of approximately 36.3%[15] - The company's inventory surged to 26,136,142.39 RMB, up from 12,011,685.89 RMB, representing an increase of approximately 117.5%[15] - The company's cash and cash equivalents decreased to 19,405,131.35 RMB from 22,171,091.01 RMB, a decline of about 12.7%[15] - The company's total current liabilities decreased to 665,451,642.43 RMB from 1,492,043,125.49 RMB, a reduction of about 55.5%[16] Employee Compensation - The company paid 18,841,474.21 in employee compensation in 2023, a decrease from 21,277,488.77 in 2022, which is a reduction of approximately 11.5%[22]