ELIANSH(SH:600836)2023-10-29 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥116,110,156.63, a decrease of 14.33% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2023 was -¥4,216,764.20, with a year-to-date net profit of -¥9,918,520.72[3]. - Total operating revenue for the first three quarters of 2023 reached ¥368,861,294.66, a slight increase from ¥365,042,947.64 in the same period of 2022, representing a growth of approximately 0.77%[20]. - Net profit for the third quarter of 2023 was reported at -¥8,182,013.86, an improvement compared to -¥51,535,882.74 in the same quarter of 2022[21]. - The total comprehensive income attributable to the parent company for Q3 2023 was -9,918,520.72 CNY, compared to -48,445,684.05 CNY in Q3 2022, indicating a significant improvement[22]. - Basic and diluted earnings per share for Q3 2023 were both -0.015 CNY, an improvement from -0.073 CNY in Q3 2022[22]. Cash Flow - The cash flow from operating activities for the year-to-date period was -¥525,152,029.56, reflecting a significant decrease of 1,241.32% compared to the previous year[3]. - The net cash flow from operating activities for the first three quarters of 2023 was -525,152,029.56 CNY, a decline from 46,012,757.30 CNY in the same period of 2022[24]. - Cash inflow from operating activities totaled 1,653,911,352.50 CNY in the first nine months of 2023, down from 2,543,773,527.51 CNY in 2022, representing a decrease of approximately 35%[23]. - The cash outflow from operating activities was 2,179,063,382.06 CNY for the first three quarters of 2023, compared to 2,497,760,770.21 CNY in 2022, reflecting a reduction of about 13%[24]. - The total cash and cash equivalents at the end of Q3 2023 stood at 573,684,104.70 CNY, down from 937,215,236.61 CNY at the end of Q3 2022[24]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,956,329,736.38, a decrease of 5.07% from the end of the previous year[4]. - The total liabilities decreased to ¥794,625,563.09 from ¥884,488,317.46, a reduction of approximately 10.16%[18]. - The company reported total current assets of RMB 1,356,908,688.46 as of September 30, 2023, compared to RMB 1,428,629,177.97 at the end of 2022[16]. - The company’s cash and cash equivalents amounted to RMB 577,875,885.51 as of September 30, 2023, down from RMB 999,430,445.95 at the end of 2022[16]. - The company’s total non-current assets decreased to ¥599,421,047.92 from ¥632,129,208.25, a decline of approximately 5.19%[18]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 37,640[9]. - The largest shareholder, Hangzhou Zhefa Yilian Business Management Partnership, holds 130,345,052 shares, accounting for 19.48% of total shares[9]. - Hunan Yongxing Private Fund Management Co., Ltd. reduced its holdings by 3,221,000 shares, now holding 33,447,600 shares, which is 4.99% of the total share capital[11]. - The company has not reported any significant changes in its shareholder structure that would indicate related party transactions among the top shareholders[10]. Corporate Governance - The company is currently under investigation, affecting the normal functioning of its board of directors[2]. - The company’s board of directors has undergone changes, with resignations from key positions due to personal work changes[12]. - The company has appointed new executives, including Huang Jian as the financial officer, effective from October 27, 2023[14]. Operational Costs and Expenses - Total operating costs decreased to ¥384,277,978.33 from ¥407,510,258.31, marking a reduction of about 5.67%[20]. - The company recorded a significant increase in research and development expenses, which rose to ¥5,463,366.21 from ¥3,123,124.82, reflecting a growth of approximately 74.83%[20]. - The company reported a significant increase in other income, which rose to ¥9,405,545.39 from ¥5,397,372.25, reflecting a growth of about 74.38%[20]. Taxation - The company paid 52,367,566.66 CNY in taxes during the first three quarters of 2023, compared to 30,568,767.16 CNY in the same period of 2022, representing an increase of about 71%[24]. Accounting Standards - The company did not apply new accounting standards for the year 2023[25].