冠豪高新(600433) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,935,320,074.98, a decrease of 6.71% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY -19,053,907.03, representing a decline of 118.75% year-on-year[6]. - Basic earnings per share for Q3 2023 were CNY -0.01, a decrease of 114.70% compared to the same period last year[6]. - The weighted average return on equity for the reporting period was -0.39%, a decline of 119.13% year-on-year[6]. - Net profit decreased by 169.80%, primarily due to a decline in operating income and increased costs[12]. - Operating profit fell by 160.54%, attributed to a decrease in operating income and rising costs[12]. - The net profit for Q3 2023 was -233.31 million RMB, a significant decrease compared to a net profit of 334.26 million RMB in Q3 2022, representing a decline of approximately 169.8%[24]. - The total profit for Q3 2023 was -229.37 million RMB, down from 386.93 million RMB in the same period last year, indicating a decline of about 159.3%[24]. - Operating profit for Q3 2023 was -231.38 million RMB, compared to an operating profit of 382.17 million RMB in Q3 2022, reflecting a decrease of approximately 160.5%[24]. - The total comprehensive income for Q3 2023 was -236.15 million RMB, compared to 334.26 million RMB in Q3 2022, representing a decline of approximately 170.7%[25]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 10,589,264,071.60, an increase of 5.56% compared to the end of the previous year[6]. - The equity attributable to shareholders decreased by 11.22% to CNY 4,592,578,170.47 compared to the previous year[6]. - Total liabilities increased by 45.78%, mainly due to capital structure adjustments and project investment needs[11]. - Total liabilities increased to CNY 4,330,185,955.83 as of September 30, 2023, compared to CNY 2,970,260,247.47 at the end of 2022, marking a growth of 45.7%[20]. - Other receivables increased by 248.76% due to an increase in deposits and guarantees paid during the period[11]. - Short-term borrowings rose by 100.82% as a result of capital structure adjustments and increased external borrowings[11]. - Long-term borrowings surged by 1,130.30% due to increased external borrowings for project investments[11]. - Short-term borrowings rose significantly to CNY 1,590,000,000.00 from CNY 791,755,846.49, indicating an increase of 100.9%[20]. Cash Flow - The company reported a net cash flow from operating activities of CNY -227,132.00, a significant decline of 146.8% compared to the previous year[6]. - Cash flow from operating activities for the first three quarters of 2023 was -227.13 million RMB, a stark contrast to 484.92 million RMB in the same period of 2022, marking a decline of about 146.9%[27]. - Total cash inflow from investment activities in the first three quarters of 2023 was 944.17 million RMB, compared to 125.04 million RMB in the same period last year, showing an increase of approximately 654.5%[27]. - Cash flow from financing activities for the first three quarters of 2023 was 1.20 billion RMB, compared to a negative cash flow of 5.17 million RMB in the same period of 2022, indicating a turnaround[28]. Government Support and R&D - The company received government subsidies amounting to CNY 2,060,928.15 during the reporting period, contributing to its financial performance[9]. - The company is focusing on R&D, with expenses amounting to CNY 306,469,806.44 for the first three quarters of 2023, up from CNY 268,156,082.33 in the same period of 2022[23]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,483[14]. - The largest shareholder, Foshan Huaxin Development Co., Ltd., holds 20.03% of the shares[15].