SHHG(SH:603131)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥256,855,374.09, a decrease of 14.66% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2023 was ¥14,208,219.54, down 60.80% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,962,512.48, a decline of 67.55% compared to the previous year[4]. - Basic earnings per share for Q3 2023 were ¥0.04, a decrease of 63.64% from the same period last year[5]. - Total operating revenue for the first three quarters of 2023 was CNY 669,684,356.24, a decrease of 6.15% compared to CNY 713,520,087.30 in the same period of 2022[18]. - Net profit for the third quarter of 2023 was CNY 43,476,988.64, a decline of 26.0% from CNY 58,771,809.87 in the same quarter of 2022[19]. - Earnings per share for the third quarter of 2023 were CNY 0.14, compared to CNY 0.19 in the same quarter of 2022[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,250,116,692.10, a decrease of 3.03% from the end of the previous year[5]. - The company's total liabilities decreased to CNY 939,654,908.82 in Q3 2023 from CNY 1,055,101,064.96 in Q3 2022, a reduction of approximately 10.96%[17]. - The total equity attributable to shareholders increased to CNY 1,311,139,767.20 in Q3 2023 from CNY 1,265,390,149.58 in Q3 2022, representing a growth of 3.62%[17]. - Total assets decreased to CNY 2,250,116,692.10 in Q3 2023 from CNY 2,320,479,238.81 in Q3 2022, a decline of approximately 3.01%[17]. Cash Flow - Cash flow from operating activities for the year-to-date was negative ¥21,525,267.07, reflecting a 19.48% increase in cash receipts from sales[4][8]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 669,078,390.01, an increase from CNY 635,134,756.26 in the same period of 2022[22]. - Net cash flow from operating activities was -21,525,267.07, an improvement from -26,733,751.47 in the previous quarter[23]. - Total cash inflow from investment activities was 826,217,513.49, compared to 863,932,961.57 in the previous quarter[23]. - Net cash flow from investment activities was 240,586,001.33, a significant recovery from -201,931,674.59 in the previous quarter[23]. - Cash inflow from financing activities totaled 100,130,000.00, while cash outflow was 128,074,504.23, resulting in a net cash flow of -128,074,504.23[24]. Current Assets - As of September 30, 2023, total current assets amounted to ¥1,648,581,036.53, a decrease from ¥1,690,061,857.92 at the end of 2022, reflecting a decline of approximately 2.5%[14]. - Cash and cash equivalents increased to ¥523,739,797.72 from ¥458,995,031.74, representing a growth of about 14.1% year-over-year[14]. - Accounts receivable rose to ¥412,356,758.33 compared to ¥398,246,946.30, indicating an increase of approximately 3.9%[14]. - Inventory levels increased significantly to ¥460,485,790.49 from ¥340,369,607.82, marking a rise of around 35.3%[15]. Shareholder Information - The company reported a total of 10 major shareholders, with the largest shareholder holding 21.07% of the shares[12]. - The top 10 shareholders collectively hold a significant portion of the company's equity, indicating concentrated ownership[12]. Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 38,064,297.46, an increase of 6.3% compared to CNY 35,804,496.55 in the same period of 2022[18]. - The company has not disclosed any significant new product developments or market expansion strategies during the reporting period[13]. - There are no notable mergers or acquisitions reported in the recent financial disclosures[13]. Non-Recurring Gains and Losses - Non-recurring gains and losses for Q3 2023 totaled ¥4,245,707.06, down from ¥14,879,954.80 in the previous year[8].