DTPC(600719)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,340,380.96, a decrease of 10.22% compared to the same period last year[6]. - The net profit attributable to shareholders was CNY -68,386,118.03, representing a decline of 11.00% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -68,808,372.73, down 10.95% from the previous year[6]. - The basic and diluted earnings per share were both CNY -0.169, a decrease of 11.18% compared to the same period last year[7]. - The weighted average return on equity was -10.85%, a decrease of 0.07 percentage points year-on-year[7]. - Total revenue for the first three quarters of 2023 was CNY 403,383,954.29, a decrease of 2.62% compared to CNY 415,470,745.52 in the same period of 2022[22]. - Net profit for the third quarter of 2023 was CNY 138,619,161.79, a turnaround from a net loss of CNY 56,375,803.00 in the same quarter of 2022[23]. - The total comprehensive income for the third quarter of 2023 was CNY 138,619,161.79, compared to a loss of CNY 56,375,803.00 in the same period of 2022[24]. - Basic and diluted earnings per share for the third quarter of 2023 were CNY 0.343, an improvement from a loss of CNY 0.139 in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,626,620,237.35, a decrease of 1.74% from the end of the previous year[7]. - Total assets as of September 30, 2023, amounted to CNY 2,626,620,237.35, a slight decrease from CNY 2,673,224,014.43 at the end of 2022[18]. - Total liabilities decreased to CNY 2,041,582,784.18 from CNY 2,232,068,015.91, indicating a reduction of approximately 8.56%[18]. - Current assets totaled CNY 577,870,592.49, down from CNY 700,761,737.12, representing a decline of about 17.5%[17]. - The company reported a significant increase in inventory, which rose to CNY 162,884,909.06 from CNY 88,341,834.45, marking an increase of approximately 84.3%[17]. - Short-term borrowings increased to CNY 600,000,000.00 from CNY 499,966,406.59, reflecting a rise of about 20%[18]. - The company's total equity increased to CNY 585,037,453.17 from CNY 441,155,998.52, an increase of approximately 32.6%[19]. Cash Flow - The company reported a cash flow from operating activities of CNY -302,650,016.86 for the year-to-date, reflecting a significant decline of 331.54%[7]. - Cash inflow from operating activities for the first three quarters of 2023 was CNY 460,105,532.54, down 23.3% from CNY 599,479,983.60 in the same period of 2022[26]. - Net cash outflow from operating activities for the first three quarters of 2023 was CNY -302,650,016.86, compared to a positive cash flow of CNY 130,711,563.71 in the previous year[26]. - The company reported a cash outflow from operating activities totaling CNY 762,755,549.40 for the first three quarters of 2023, compared to CNY 468,768,419.89 in the previous year[26]. - The company achieved a cash inflow of CNY 840,801,145.25 from borrowings in the first three quarters of 2023, compared to CNY 577,140,000.00 in the same period of 2022[27]. - Cash inflow from investing activities for the first three quarters of 2023 was CNY 200,000,000.00, significantly higher than CNY 24,449,180.00 in the same period of 2022[27]. - Net cash inflow from financing activities for the first three quarters of 2023 was CNY 236,190,525.60, compared to a net outflow of CNY -83,468,654.60 in the previous year[27]. - The cash and cash equivalents at the end of the third quarter of 2023 were CNY 37,908,491.02, down from CNY 59,134,539.60 at the end of the same period in 2022[27]. - The company’s total cash inflow from operating activities was significantly impacted by a decrease in cash received from sales, which totaled CNY 190,444,153.24, down from CNY 327,113,062.32 in the previous year[26]. Operational Focus - The company is focusing on preparations for heating season and enhancing safety production supervision as part of its annual operational plan[14]. - Total operating costs increased significantly to CNY 583,562,371.55, up from CNY 473,020,011.06, reflecting a rise of approximately 23.4%[22]. - Management expenses decreased significantly to CNY 24,860,422.57 from CNY 74,366,726.88, a reduction of about 66.6%[23]. - Non-recurring gains and losses for the reporting period totaled CNY 422,254.70, with government subsidies contributing CNY 399,328.34[9].