YCIG(SH:600345)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 10,802,952.11, a decrease of 75.65% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was CNY 36,093,454.42, down 33.21% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 36,099,763.28, a decrease of 32.95% compared to the previous year[3]. - The basic earnings per share for Q3 2023 was CNY 0.18, reflecting a decline of 33.33% year-on-year[4]. - The net profit for Q3 2023 was CNY 106,721,356.74, a decrease of 17% compared to CNY 128,648,694.36 in Q3 2022[16]. - The total comprehensive income for Q3 2023 was CNY 152,741,136.92, up from CNY 133,364,354.26 in Q3 2022, representing a growth of approximately 14.5%[17]. - Basic and diluted earnings per share for Q3 2023 were CNY 0.54, down from CNY 0.65 in Q3 2022, indicating a decline of about 16.9%[17]. - The company achieved a total operating profit of CNY 106,692,800.38 in Q3 2023, down from CNY 128,726,656.67 in Q3 2022, reflecting a decline of approximately 17.1%[16]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,741,026,077.04, an increase of 10.34% from the end of the previous year[4]. - The equity attributable to shareholders at the end of the reporting period was CNY 2,420,119,821.29, up 10.52% from the previous year[4]. - Current assets decreased to ¥366,402,886.35 from ¥387,607,955.07, a decline of about 5.5%[10]. - Non-current assets rose to ¥2,374,623,190.69, compared to ¥2,096,494,135.23, marking an increase of approximately 13.25%[11]. - The company’s total liabilities increased to ¥320,906,255.75 from ¥294,375,992.92, reflecting a growth of about 9%[12]. - Shareholders' equity rose to ¥2,420,119,821.29 from ¥2,189,726,097.38, an increase of approximately 10.54%[12]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY -46,996,197.09, indicating a significant cash outflow[3]. - Cash flow from operating activities for the first three quarters of 2023 was CNY -46,996,197.09, slightly improved from CNY -48,053,951.08 in the same period of 2022[19]. - Cash and cash equivalents decreased to ¥102,178,146.41 from ¥136,374,118.98, a decline of about 25%[10]. - The net cash flow from financing activities for Q3 2023 was CNY 4,436,521.18, a recovery from CNY -14,105,552.23 in Q3 2022[19]. - The company incurred operating cash outflows of CNY 120,788,591.61 in the first three quarters of 2023, compared to CNY 178,587,234.83 in the same period of 2022[19]. Revenue and Costs - Total revenue for the first three quarters of 2023 was ¥69,428,049.73, down from ¥170,902,895.21 in the same period of 2022, a decrease of about 59.3%[13]. - Total operating costs decreased to ¥106,369,055.27 from ¥192,712,300.51, a reduction of approximately 44.8%[13]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 64,347,313.83 in the first three quarters of 2023, down from CNY 112,391,598.26 in the same period of 2022[18]. - The company reported a net investment income of ¥149,519,415.10 for the first three quarters of 2023, slightly down from ¥150,660,063.15 in 2022[13]. Market Conditions - The decline in operating revenue was primarily attributed to intensified market competition and delays in project construction and delivery[6]. - The weighted average return on equity for Q3 2023 was 1.63%, a decrease of 0.90 percentage points compared to the previous year[4].