ST万林(603117) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥77,599,407.85, a decrease of 24.95% compared to the same period last year[5]. - The net profit attributable to shareholders was ¥18,456,669.40, with a year-to-date loss of ¥4,606,028.51[5]. - The net profit after deducting non-recurring gains and losses for the year-to-date was a loss of ¥36,902,754.04[5]. - Total revenue for the first three quarters of 2023 was CNY 306,958,766.07, a decrease of 8.2% compared to CNY 334,501,781.98 in the same period of 2022[21]. - The company reported a net loss of CNY -15,729,077.26 for Q3 2023, compared to a net loss of CNY -97,128,189.20 in Q3 2022[22]. - The net profit for Q3 2023 was -25,351,165.12 RMB, compared to -70,462,772.98 RMB in Q3 2022, indicating an improvement[23]. - The net profit attributable to the parent company's shareholders was -4,606,028.51 RMB, a significant decrease from -42,587,177.03 RMB year-over-year[23]. - The total comprehensive income attributable to the parent company was 3,504,299.57 RMB, compared to -44,374,909.36 RMB in the same period last year[24]. - The basic and diluted earnings per share for Q3 2023 were both -0.01 RMB, compared to -0.07 RMB in Q3 2022[24]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥15,274,414.60[6]. - Cash inflows from operating activities for the first three quarters of 2023 were 682,059,260.65 RMB, down from 1,480,999,651.89 RMB in the same period of 2022, representing a decrease of approximately 54%[25]. - The net cash flow from operating activities for Q3 2023 was 15,274,414.60 RMB, a recovery from -37,943,883.34 RMB in Q3 2022[26]. - The net cash flow from investing activities for the first three quarters of 2023 was 34,867,182.02 RMB, compared to 3,836,533.99 RMB in the same period last year[26]. - The net cash flow from financing activities for Q3 2023 was -77,904,719.43 RMB, a decline from 12,854,367.44 RMB in Q3 2022[26]. - The total cash and cash equivalents at the end of Q3 2023 were 7,632,484.96 RMB, down from 38,476,911.55 RMB at the end of Q3 2022[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,868,232,054.12, a decrease of 21.32% compared to the end of the previous year[6]. - Total assets decreased to CNY 1,868,232,054.12 in Q3 2023 from CNY 2,374,618,273.34 in Q3 2022, reflecting a decline of approximately 21.4%[19]. - Total liabilities decreased to CNY 488,101,266.72 in Q3 2023 from CNY 979,847,986.93 in Q3 2022, a reduction of about 50.2%[19]. - The company has reported accounts receivable of RMB 63,326,608.76 as of September 30, 2023[17]. - The company has a total of 44,948,168.31 in receivables from notes[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,151[12]. - The largest shareholder, Qiongqing City Surui Investment Co., Ltd., holds 93,246,657 shares, accounting for 14.73% of total shares[12]. - The company has established a unified action agreement among major shareholders, including Qiongqing City Surui Investment Co., Ltd. and Qiongqing City Bochun Investment Partnership[13]. Business Operations - The decrease in operating revenue was primarily due to changes in the domestic and international economic environment and the transfer of subsidiaries[10]. - The company completed the transfer of 55% equity in Yulin International to Qiongqing City Bochun Investment Co., Ltd., with the first payment of RMB 20.6 million received[14]. - The company no longer holds equity in Yulin International and has exited the timber harvesting and processing business[14]. - The company is focusing on improving operational efficiency to enhance profitability in the upcoming quarters[22]. - Research and development expenses were not specified but are critical for future product development and market expansion strategies[22]. Equity and Returns - Basic and diluted earnings per share for the current period were both ¥0.03, compared to a loss of ¥0.01 in the previous year[6]. - The weighted average return on equity increased to 1.34%, up by 2.74 percentage points from the previous year[6]. - The total equity attributable to shareholders was CNY 1,379,898,358.32 in Q3 2023, slightly up from CNY 1,376,394,058.75 in Q3 2022[19]. - The net assets attributable to shareholders increased by 0.25% to ¥1,379,898,358.32 compared to the end of the previous year[6]. - Non-recurring gains and losses for the current period totaled ¥29,025,271.60, down from ¥32,296,725.53 year-to-date[10].