YUANLI(SH:603217)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥591,736,773.22, a decrease of 6.28% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥57,096,335.54, down 42.07% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥50,413,021.16, a decline of 45.28% compared to the same period last year[6] - The basic earnings per share for Q3 2023 was ¥0.274, a decrease of 42.07% year-on-year[6] - Total operating revenue for the first three quarters of 2023 was CNY 1,682,732,395.81, a decrease of 21.0% compared to CNY 2,132,611,701.46 in the same period of 2022[20] - Net profit for the third quarter of 2023 was CNY 183,719,177.21, a decline of 53.8% compared to CNY 398,373,464.71 in the same quarter of 2022[21] - Earnings per share for the third quarter of 2023 were CNY 0.882, down from CNY 1.913 in the same period last year[22] - Net profit for the first three quarters of 2023 was CNY 9,914,289.00, a decline of 87.14% compared to CNY 77,046,839.49 in 2022[31] Cash Flow and Assets - The cash flow from operating activities for the year-to-date period was ¥114,889,508.45, reflecting a significant decrease of 71.64%[6] - Cash received from sales of goods and services in the first three quarters of 2023 was CNY 1,086,071,299.97, compared to CNY 1,408,960,234.80 in the same period of 2022[23] - Cash flow from operating activities for the first three quarters of 2023 was negative CNY 287,704,165.62, compared to positive CNY 319,732,246.00 in 2022[33] - Total cash inflow from investment activities was CNY 1,943,048,455.17, up from CNY 1,423,623,985.89 in the same period last year[25] - Cash outflow from investment activities increased to CNY 1,686,764,534.23 from CNY 1,245,903,563.65 year-over-year[25] - Total cash and cash equivalents at the end of Q3 2023 stood at CNY 401,417,275.69, down from CNY 478,035,145.23 at the end of Q3 2022[34] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,774,550,963.89, an increase of 6.33% from the end of the previous year[6] - The total current liabilities increased to CNY 99,094,000.00 from CNY 75,000,000.00, representing a rise of approximately 32.3%[17] - Total liabilities as of the end of the third quarter of 2023 amounted to CNY 682,972,778.19, an increase from CNY 549,499,645.27 at the end of the previous year[19] - Total liabilities decreased to CNY 763,594,341.01 from CNY 829,714,572.51 at the end of 2022[28] - The company's total assets amounted to CNY 3,064,133,442.19, down from CNY 3,213,011,674.69 at the end of 2022[26] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,733[12] - The largest shareholder, Liu Xiuhua, holds 120,063,602 shares, representing 57.67% of the total shares[12] - Total equity attributable to shareholders of the parent company was CNY 3,091,578,185.70, up from CNY 3,000,449,566.97 in the previous year[19] - Shareholders' equity as of September 30, 2023, was CNY 2,300,539,101.18, down from CNY 2,383,297,102.18 at the end of 2022[28] Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 69,374,341.17, a decrease of 23.0% from CNY 90,109,879.30 in the same period of 2022[20] - The company reported a decrease in research and development expenses, which were not specified for 2023 but were CNY 23,616,194.45 in 2022[30] Company Strategy - The company has not reported any significant new product developments or market expansions during this quarter[15] - The company plans to continue focusing on cost control and efficiency improvements in response to the declining revenue trend[35]