DYEC(SH:600403)2023-10-25 16:00Financial Performance - Total assets decreased by 2.97% to CNY 21,634,831,337.03 from CNY 22,297,722,547.62[3] - Equity attributable to shareholders decreased by 9.16% to CNY 7,225,707,227.60 from CNY 7,954,191,947.23[3] - Basic earnings per share for the current period decreased by 103.93% due to a decline in sales volume and price[9] - Operating revenue for the current period decreased by 43.61% to CNY 4,944,831,847.72 from CNY 6,719,696,534.24[9][24] - Net profit attributable to shareholders for the current period decreased by 103.94%[9] - Net cash flow from operating activities for the year-to-date decreased by 60.70%[9] - The weighted average return on equity for the current period was -104.13%[9] - The company reported a significant decline in both sales volume and price, impacting overall financial performance[9] - The company's operating revenue for the current reporting period is CNY 1,411,642,195.14, representing a decrease of 43.61% compared to the same period last year[34] - The net profit attributable to shareholders of the listed company is CNY 199,037,980.91, down 85.48% year-on-year[34] - The net cash flow from operating activities is CNY 162,152,844.54, a decrease of 70.08% compared to the same period last year[34] - The basic earnings per share for the current period is CNY -0.01, a decline of 103.93% year-on-year[34] - The total profit for the current period is CNY 198,123,040.38, down from CNY 1,794,675,465.76 in the previous year[27] - The company reported a credit impairment loss of CNY 17,390,815.59, compared to a gain of CNY 111,538,453.84 in the previous year[26] - The total operating costs for the current period are CNY 5,138,228,561.67, an increase from CNY 4,886,977,346.94 in the previous year[26] - The company’s management expenses increased to CNY 777,484,671.84 from CNY 532,383,521.80 year-on-year[26] - The company’s investment income for the current period is CNY 22,756,783.03, down from CNY 48,349,350.60 in the previous year[26] - The company’s weighted average return on net assets is -0.30%, a decrease of 104.13% compared to the previous year[34] Assets and Liabilities - As of September 30, 2023, total current assets decreased to CNY 6,434,969,280.54 from CNY 7,594,243,584.14 as of December 31, 2022, representing a decline of approximately 15.3%[42] - The company's cash and cash equivalents decreased to CNY 4,957,805,111.85 from CNY 5,511,677,601.45, a reduction of about 10%[42] - Total liabilities as of September 30, 2023, were CNY 13,616,861,536.65, slightly down from CNY 13,642,515,393.03 at the end of 2022[44] - The company's total equity decreased to CNY 8,017,969,800.38 from CNY 8,655,207,154.59, reflecting a decline of approximately 7.4%[44] Cash Flow - The net cash flow from operating activities for the first nine months of 2023 was CNY 986,531,575.59, down 60.7% from CNY 2,510,227,278.21 in the same period of 2022[52] - Cash inflow from operating activities totaled CNY 5,303,948,912.31, compared to CNY 7,640,095,961.73 in the previous year, indicating a decrease of approximately 30.5%[52] - The company reported a net cash outflow from financing activities of CNY 1,732,414,107.25 for the first nine months of 2023, compared to a net outflow of CNY 1,387,725,837.05 in the same period of 2022[52] - The ending cash and cash equivalents balance as of September 30, 2023, was CNY 3,086,418,095.31, down from CNY 3,883,325,464.84 at the end of 2022[52] Income and Expenses - The comprehensive income attributable to the parent company for the first nine months of 2023 was CNY 199,037,980.91, significantly lower than CNY 1,370,741,455.99 in the same period of 2022[48] - Basic and diluted earnings per share for the first nine months of 2023 were CNY 0.08, down from CNY 0.57 in the same period of 2022[48] - Non-current asset disposal profit for the reporting period amounted to ¥342,723,662.65, with a year-to-date total of ¥342,170,200.60[54] - Government subsidies recognized in the current profit and loss were ¥22,786,925.78 for the reporting period, down from ¥26,011,692.24 year-to-date[54] - Other non-operating income and expenses resulted in a loss of ¥19,822,560.87 for the reporting period, compared to a loss of ¥19,562,228.16 year-to-date[54] - The total impact of income tax was ¥85,220,513.96 for the reporting period, with a year-to-date total of ¥88,090,490.50[54] - The net profit attributable to shareholders for the reporting period was ¥260,319,854.21, slightly down from ¥261,694,008.07 year-to-date[54] Reporting and Governance - The financial statements for the third quarter were not audited[12] - The company has not reported any audit opinion applicable for this period[56] - The board of directors guarantees the accuracy and completeness of the report, assuming legal responsibility for any misleading statements[58] - The report highlights the importance of monitoring the company's operational performance during the reporting period[60] - The third quarter report for 2023 has been officially released[61] - The company has not disclosed any new product developments or market expansion strategies in the current report[10]