HOMEY(SH:600467)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 246,823,179.46, a decrease of 27.65% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2023 was CNY 7,254,162.10, down 57.23% year-on-year[5] - The net profit after deducting non-recurring gains and losses was CNY 10,372,293.83, a decrease of 35.95% compared to the previous year[5] - Basic and diluted earnings per share for Q3 2023 were CNY 0.0050, down 27.79% year-on-year[6] - The weighted average return on equity decreased to 0.22%, a drop of 0.29 percentage points compared to the previous year[6] - Total operating revenue for the first three quarters of 2023 reached ¥1,068,807,042.79, an increase of 12.3% compared to ¥951,670,345.44 in the same period of 2022[18] - Net profit for the third quarter of 2023 was ¥36,852,264.17, a decrease of 23.7% from ¥48,366,935.72 in the same quarter of 2022[19] - Total comprehensive income for Q3 2023 was CNY 36,852,264.17, down from CNY 48,366,935.72 in Q3 2022, representing a decrease of approximately 23.5%[20] - Basic and diluted earnings per share for Q3 2023 were CNY 0.0252, compared to CNY 0.0349 in Q3 2022, reflecting a decline of about 27.5%[20] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was CNY 124,559,687.03, an increase of 98.84%[6] - The net cash flow from operating activities increased by 98.84% year-on-year, amounting to RMB 124,559,687.03, driven by a 6.48% increase in cash inflows[10] - Cash inflow from operating activities totaled CNY 1,050,184,616.98 for the first three quarters of 2023, compared to CNY 986,230,804.64 in 2022, marking a growth of approximately 6.5%[22] - Cash outflow from investing activities in the first three quarters of 2023 was CNY 133,963,338.03, up from CNY 66,757,568.00 in the same period of 2022, indicating an increase of about 100.0%[22] - Cash flow from financing activities resulted in a net outflow of CNY 95,128,979.40 in 2023, contrasting with a net inflow of CNY 407,022.17 in 2022[22] - As of September 30, 2023, total current assets were CNY 2,075,243,962.70, down from CNY 2,437,994,919.59 at the end of 2022, a decrease of approximately 14.9%[24] - Cash and cash equivalents decreased to CNY 70,944,737.14 as of September 30, 2023, from CNY 101,056,000.03 at the end of 2022, representing a decline of about 29.8%[22] - Inventory as of September 30, 2023, was CNY 1,171,310,203.49, down from CNY 1,331,209,915.43 at the end of 2022, indicating a reduction of approximately 12.0%[24] Liabilities and Equity - Total assets as of the end of the reporting period were CNY 6,654,646,330.53, an increase of 0.64% from the end of the previous year[6] - The total liabilities decreased significantly, with current liabilities dropping by 86.29% due to repayments of short-term borrowings and payables[10] - Current liabilities totaled ¥2,645,362,317.89 in Q3 2023, down from ¥2,812,022,890.09 in the same quarter of 2022, indicating a reduction of 5.9%[17] - The company's total liabilities reached ¥3,271,659,918.55 in Q3 2023, slightly up from ¥3,247,128,378.92 in Q3 2022[17] - The company reported a total equity of ¥3,382,986,411.98 as of Q3 2023, compared to ¥3,365,127,073.76 in Q3 2022, reflecting a growth of 0.5%[18] - The company’s total liabilities increased to ¥3,173,861,512.43 in the third quarter of 2023, up from ¥3,065,550,085.58 in the same quarter of 2022[26] Research and Development - The company reported a significant increase in R&D expenses by 228.14% year-on-year, impacting net profit[9] - Research and development expenses for the first three quarters of 2023 were ¥10,808,262.28, slightly down from ¥11,021,287.16 in the same period of 2022[18] - Research and development expenses for the first three quarters of 2023 were ¥9,324,910.63, slightly down from ¥9,994,547.84 in the same period of 2022[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 74,445[13] - The largest shareholder, Haodangjia Group Co., Ltd., holds 573,470,990 shares, accounting for 39.25% of total shares[13] Other Financial Metrics - Investment income decreased by 94.33% year-on-year, primarily due to reduced contributions from subsidiaries[9] - Non-recurring gains and losses totaled CNY 2,168,907.75 for the current period, with a tax impact of CNY 722,969.25[9] - The company recorded a 42.01% increase in asset disposal gains compared to the previous year, amounting to an increase of RMB 341,300[11] - The company has adopted new accounting standards starting in 2023, which may affect financial reporting[32] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[27]