HSGC(SH:600774)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 314,995,852.29, a decrease of 2.46% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 20,668,452.18, down 10.06% year-on-year[5]. - The basic earnings per share for Q3 2023 was CNY 0.0701, reflecting a decline of 10.01% compared to the previous year[6]. - Total revenue for the first three quarters of 2023 was approximately ¥1.016 billion, a slight decrease of 0.06% compared to ¥1.024 billion in the same period of 2022[22]. - Operating profit for the first three quarters of 2023 was ¥63.45 million, down 4.2% from ¥66.54 million in the previous year[22]. - Net profit for the first three quarters of 2023 increased to ¥64.15 million, up 23.2% from ¥52.08 million in the same period of 2022[23]. - The company's operating revenue for the first three quarters of 2023 was RMB 147,785,006.82, a decrease of 8.5% compared to RMB 161,156,942.58 in the same period of 2022[32]. - Net profit for the first three quarters of 2023 was a loss of RMB 15,790,818.07, compared to a profit of RMB 55,730,020.61 in the same period of 2022, marking a significant decline[32]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 3,528,188,505.96, representing an increase of 0.87% from the end of the previous year[6]. - As of September 30, 2023, the company's total assets amounted to CNY 3,528,188,505.96, an increase from CNY 3,497,888,940.62 at the end of 2022, reflecting a growth of approximately 0.87%[17]. - The company's total liabilities stood at CNY 1,713,488,777.26, slightly up from CNY 1,711,942,700.98, indicating a marginal increase of about 0.09%[18]. - The company's total liabilities as of September 30, 2023, amounted to RMB 1,260,085,090.97, an increase from RMB 1,100,537,029.23 at the end of 2022, reflecting a rise of approximately 14.5%[29]. - The company's equity attributable to shareholders increased to CNY 1,681,438,767.04 from CNY 1,665,546,780.00, showing a growth of approximately 0.95%[18]. - The total owner's equity decreased to RMB 1,420,015,591.92 from RMB 1,488,791,257.21, a decline of about 4.6%[30]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 196,602,569.28, an increase of 5.46% year-on-year[5]. - Cash flow from operating activities for the first three quarters of 2023 was ¥196.60 million, an increase of 5.3% from ¥186.42 million in the same period of 2022[25]. - In the first three quarters of 2023, the net cash flow from operating activities was ¥101,627,420.36, a significant increase from ¥16,168,850.26 in the same period of 2022, representing a growth of over 528%[35]. - Total cash inflow from operating activities was ¥647,404,449.45, compared to ¥631,817,232.27 in the previous year, showing a slight increase of approximately 2.8%[35]. - Cash outflow from operating activities decreased to ¥545,777,029.09 from ¥615,648,382.01, indicating a reduction of about 11.3%[35]. - The cash flow from investment activities showed a net outflow of ¥64,992,364.49, an improvement from the previous year's outflow of ¥79,234,362.06, reflecting a decrease in losses of approximately 18%[35]. - The net cash flow from financing activities was negative at -¥7,701,008.36, compared to a positive cash flow of ¥4,488,928.58 in the previous year[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,909[10]. - The largest shareholder, Wuhan Hanyang Investment Development Group Co., Ltd., holds 79,444,603 shares, accounting for 26.93% of the total shares[10]. - The company repurchased 6,024,130 shares, representing 2.04% of the total share capital[11]. Government Subsidies and Investments - The company received government subsidies amounting to CNY 17,872,408.31 during the reporting period, which are closely related to its normal business operations[8]. - The company has secured loans totaling CNY 31,200,000 from Hankou Bank, using multiple properties as collateral[13]. - The company has short-term loans totaling CNY 10,000,000 from Industrial Bank, secured against properties in Hanyang District[12]. - The company's long-term equity investments rose to RMB 1,357,065,228.34, up from RMB 1,265,317,128.28, indicating an increase of approximately 7.3%[28]. Inventory and Receivables - The company reported a decrease in accounts receivable to CNY 190,381,769.37 from CNY 204,423,397.01, a decline of about 6.9%[16]. - The inventory increased to CNY 228,842,084.65 from CNY 205,689,799.33, reflecting an increase of approximately 11.2%[16]. - The company's inventory as of September 30, 2023, was RMB 9,500,496.67, compared to RMB 6,215,857.19 at the end of 2022, reflecting an increase of approximately 53.6%[28]. Future Plans - The company has plans for future expansion and product development, although specific details were not disclosed in the current report[20].