GUOTONG PP(SH:600444)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥113,991,186.59, representing a year-on-year increase of 12.21%[5] - The net profit attributable to shareholders for the same period was -¥2,671,864.29, with a year-to-date decrease of 48.96% to ¥16,657,486.32[5] - Basic and diluted earnings per share for Q3 2023 were both -¥0.02, reflecting a 50% decline year-to-date[6] - The net profit attributable to shareholders for the year-to-date period decreased by 48.96% compared to the same period last year[10] - The net profit excluding non-recurring gains and losses for the year-to-date period was ¥13,308,294.12, down 54.37% year-on-year[10] - Net profit for the third quarter of 2023 was ¥16,657,486.32, a decline of 48.9% from ¥32,635,530.37 in the same quarter of 2022[22] - Basic and diluted earnings per share for the third quarter of 2023 were both ¥0.11, down from ¥0.22 in the same quarter of 2022[23] Cash Flow - The cash flow from operating activities decreased by 75.09% in Q3 2023, totaling ¥21,097,115.67[6] - The company reported a significant decrease in cash flow from operating activities year-to-date, down 57.00%[10] - Cash flow from operating activities for the first three quarters of 2023 was ¥37,618,544.40, a decrease of 57.0% compared to ¥87,479,531.67 in 2022[23] - Cash inflow from operating activities totaled ¥578,092,919.40, down 15.3% from ¥682,388,246.42 in the previous year[23] - Cash outflow from operating activities was ¥540,474,375.00, a decrease of 9.1% compared to ¥594,908,714.75 in 2022[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,207,434,900.92, an increase of 5.20% compared to the end of the previous year[6] - Total current assets as of September 30, 2023, amount to RMB 1,067,713,180.40, an increase from RMB 932,261,317.31 at the end of 2022[16] - Total assets as of September 30, 2023, are RMB 1,207,434,900.92, compared to RMB 1,147,763,828.94 at the end of 2022[17] - Total current liabilities as of September 30, 2023, are RMB 531,197,355.46, up from RMB 464,134,106.33 at the end of 2022[17] - The total liabilities as of the end of the third quarter of 2023 were ¥548,427,887.87, an increase of 12.5% from ¥487,577,056.88 at the end of 2022[21] - Total equity attributable to shareholders was ¥659,007,013.05, a slight decrease from ¥660,186,772.06 in the previous year[21] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,436[13] - The largest shareholder, Hefei General Machinery Research Institute Co., Ltd., holds 53,907,212 shares, accounting for 36.82% of total shares[13] Government Support and Subsidies - The company achieved government subsidies amounting to ¥455,225.01 during the reporting period[8] Inventory and Receivables - The company reported accounts receivable of RMB 176,799,264.37 as of September 30, 2023, slightly up from RMB 175,900,102.62 at the end of 2022[16] - Inventory as of September 30, 2023, is valued at RMB 270,173,664.56, an increase from RMB 242,426,580.12 at the end of 2022[16] Management and Compliance - The company has not disclosed any significant new strategies or product developments during the reporting period[15] - The company has not applied new accounting standards for the current year, indicating stability in financial reporting practices[24] - The report indicates that the company is in compliance with financial reporting standards and has not made adjustments for new accounting interpretations[24] - The company’s management team includes Wu Shun Yong as the responsible person, Xu Xuzhong as the accounting supervisor, and Yuan Xiaoming as the head of the accounting institution[24]