SHTD(SH:600647)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 265,900.96, representing a decrease of 81.07% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was a loss of CNY 3,637,842.08, with a year-to-date loss of CNY 6,954,933.82, reflecting a decline of 283.56% year-on-year[5]. - The basic and diluted earnings per share for Q3 2023 were both CNY -0.0261, showing a decrease of 283.82% compared to the same period last year[6]. - The total operating revenue for the first three quarters of 2023 was CNY 1,003,740.99, a significant decrease of approximately 94.5% compared to CNY 18,302,603.81 in the same period of 2022[19]. - The company reported an operating loss of CNY -7,543,622.07 for the first three quarters of 2023, contrasting with an operating profit of CNY 12,711,983.34 in the same period of 2022[20]. - The total net profit for Q3 2023 was -7,543,622.07 RMB, compared to a net profit of 12,790,127.25 RMB in Q3 2022, indicating a significant decline[21]. - The net profit attributable to shareholders of the parent company was -6,954,933.82 RMB, down from 3,788,911.65 RMB in the same period last year[22]. - The basic and diluted earnings per share for Q3 2023 were both -0.0500 RMB, compared to 0.0272 RMB in Q3 2022[22]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 339,156,612.52, down 3.50% from the end of the previous year[6]. - The total liabilities as of September 30, 2023, were CNY 13,338,913.75, a decrease from CNY 18,083,780.00 at the end of 2022[17]. - The company's cash and cash equivalents were CNY 252,542,534.55 as of September 30, 2023, down from CNY 263,750,004.58 at the end of 2022[15]. - The company's equity attributable to shareholders was CNY 288,231,406.29 as of September 30, 2023, compared to CNY 295,186,340.11 at the end of 2022[17]. Cash Flow - The company reported a cash flow from operating activities of CNY -8,802,293.03 for the year-to-date period[6]. - The net cash flow from operating activities for the first three quarters of 2023 was -8,802,293.03 RMB, a deterioration from -171,445,964.08 RMB in the same period of 2022[23]. - The total cash outflow from operating activities in Q3 2023 was 13,239,378.48 RMB, compared to 192,805,590.71 RMB in Q3 2022[23]. - The net cash flow from investing activities for Q3 2023 was -2,405,177.00 RMB, compared to a positive cash flow of 1,078,683.97 RMB in Q3 2022[23]. - The ending cash and cash equivalents balance as of Q3 2023 was 252,542,534.55 RMB, down from 268,892,872.32 RMB at the end of Q3 2022[23]. Shareholder Information - The company had a total of 8,005 common shareholders at the end of the reporting period[12]. - The largest shareholder, Xinda Investment Co., Ltd., held 56,606,455 shares, accounting for 40.68% of the total shares[13]. Future Outlook - The company warns investors of potential delisting if the audited net profit for 2023 remains negative and revenue stays below CNY 100 million[14]. - The company reported an unaudited net profit of negative value for the first three quarters of 2023, with total operating revenue below CNY 100 million, indicating uncertainty in its ability to continue operations[14]. - The company plans to acquire 90% of Anhui Qianghuang Technology Co., Ltd. from Jinggong Holdings Group Co., Ltd. and Liu'an Dongdu Industrial Investment Fund Co., Ltd. through cash payment, constituting a major asset restructuring[14]. Operational Challenges - The significant decline in operating revenue was primarily due to a decrease in property sales income[10]. - The total operating costs for the first three quarters of 2023 amounted to CNY 8,415,513.20, compared to CNY 6,743,954.27 in the previous year[20]. - The company has not indicated any new product launches or market expansion strategies in the current report[24].