Dynagreen(SH:601330)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥900,528,723.73, a decrease of 18.50% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥171,834,684.91, down 1.29% year-on-year[5]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was ¥168,258,191.49, a decrease of 1.94% year-on-year[6]. - Total revenue for the first three quarters of 2023 was RMB 3,042,041,871.04, a decrease of 9.66% compared to RMB 3,367,525,363.23 in the same period of 2022[20]. - Operating profit for the first three quarters of 2023 was RMB 644,825,687.54, down from RMB 691,218,336.24 in the previous year, reflecting a decline of 6.69%[21]. - Net profit for the first three quarters of 2023 was RMB 562,700,388.06, compared to RMB 616,756,137.68 in 2022, representing a decrease of 8.77%[21]. - The total comprehensive income for Q3 2023 was CNY 562,700,388.06, compared to CNY 594,282,064.70 in Q3 2022, reflecting a decrease of approximately 5.3%[22]. - Basic earnings per share for Q3 2023 were CNY 0.38, down from CNY 0.42 in the same period last year, representing a decline of about 9.5%[22]. Cash Flow and Investments - The net cash flow from operating activities increased by 130.26% in Q3 2023, primarily due to reduced construction investments compared to the previous year[9]. - Net cash flow from operating activities for the first three quarters of 2023 was CNY 659,044,916.66, an increase of approximately 50.9% compared to CNY 436,098,595.78 in the same period of 2022[23]. - Cash inflow from operating activities totaled CNY 2,275,444,587.39 for the first nine months of 2023, up from CNY 2,078,229,014.74 in 2022, indicating a growth of about 9.5%[23]. - Net cash flow from investing activities was negative CNY 579,177,150.12 in Q3 2023, an improvement from negative CNY 847,871,768.79 in Q3 2022[24]. - Cash flow from financing activities showed a net outflow of CNY 811,646,650.15 in Q3 2023, compared to a net inflow of CNY 1,064,944,497.77 in Q3 2022[24]. - The company reported a total cash inflow from financing activities of CNY 1,643,964,039.21 in the first nine months of 2023, significantly lower than CNY 4,084,718,589.15 in the same period of 2022[24]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥22,696,800,302.81, reflecting a slight increase of 0.09% from the end of the previous year[6]. - As of September 30, 2023, total assets amounted to RMB 22,696,800,302.81, slightly up from RMB 22,677,440,152.69 at the end of 2022[18]. - Total liabilities as of September 30, 2023, were RMB 14,525,611,056.37, a decrease from RMB 14,864,161,291.15 at the end of 2022, indicating a reduction of 2.28%[18]. - The company’s cash and cash equivalents decreased to RMB 1,138,939,915.28 from RMB 1,866,979,993.59 at the end of 2022, a decline of 39.06%[17]. - The company’s accounts receivable increased to RMB 1,895,869,725.25 from RMB 1,514,336,722.29, reflecting a growth of 25.19%[17]. - The total non-current assets as of September 30, 2023, were RMB 18,824,714,981.38, an increase from RMB 18,534,600,218.15 at the end of 2022, showing a growth of 1.56%[18]. Shareholder Information - The company reported a total of 46,491 common shareholders at the end of the reporting period[10]. - The top shareholder, Beijing State-owned Assets Management Co., Ltd., holds 42.63% of the shares[11]. Government Support and Non-Recurring Items - The company received government subsidies amounting to ¥3,693,990.75 during Q3 2023[8]. - The total non-recurring gains and losses for Q3 2023 amounted to ¥3,576,493.42[8]. - The company did not report any net profit from subsidiaries prior to consolidation in Q3 2023, consistent with the previous year[22]. Accounting and Financial Reporting - The company adjusted the conversion price of its convertible bonds to RMB 9.60 per share effective from July 26, 2023, down from RMB 9.72 per share[15]. - Cumulative conversion of the convertible bonds reached RMB 103,000, with a total of 10,526 shares converted, accounting for 0.0008% of the total shares before conversion[15]. - The company is not applying new accounting standards for the current year, maintaining consistency in financial reporting[24].