东珠生态(603359) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 258,679,027.53, a decrease of 1.71% compared to the same period last year, and a total revenue of CNY 641,791,642.07 for the year-to-date, down 47.83% year-on-year[5]. - The net profit attributable to shareholders for Q3 2023 was CNY 16,497,362.88, an increase of 27.67% year-on-year, while the year-to-date net profit was CNY 36,660,821.60, reflecting a significant decline of 80.81% compared to the previous year[5][7]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was CNY 14,694,233.45, up 13.57% year-on-year, with a year-to-date figure of CNY 33,596,811.90, down 82.23% year-on-year[5][12]. - The basic earnings per share for Q3 2023 was CNY 0.03, unchanged from the previous quarter, while the diluted earnings per share was also CNY 0.03, reflecting a 50% increase compared to the previous quarter[6][12]. - The weighted average return on equity for Q3 2023 was 0.46%, an increase of 35.29 percentage points, while the year-to-date figure was 1.01%, down 80.39 percentage points year-on-year[6][13]. - Total operating revenue for the first three quarters of 2023 was CNY 641,791,642.07, a decrease of 47.9% compared to CNY 1,230,236,240.78 in the same period of 2022[31]. - Net profit for Q3 2023 was CNY 35,872,686.68, a significant decline of 81.1% from CNY 189,734,270.54 in Q3 2022[24]. - Basic earnings per share for Q3 2023 were CNY 0.08, compared to CNY 0.43 in Q3 2022, reflecting a decrease of 81.4%[25]. - Net profit for the first three quarters of 2023 was CNY 39,952,114.67, a decline of 79.3% compared to CNY 193,423,892.02 in 2022[32]. Cash Flow and Expenses - The cash flow from operating activities for the year-to-date was negative CNY 111,148,511.73, indicating a significant cash outflow[6]. - Cash flow from operating activities for the first three quarters of 2023 was negative CNY 76,025,094.51, an improvement from negative CNY 477,038,375.24 in the same period of 2022[35]. - The company reported an increase in financial expenses due to higher bank borrowings and increased credit impairment losses[7]. - The company’s financial expenses increased to CNY 17,444,300.85 in 2023 from CNY 15,055,986.10 in 2022, primarily due to higher interest expenses[31]. - Research and development expenses for Q3 2023 were CNY 22,528,007.17, down 59.0% from CNY 55,155,652.55 in Q3 2022[23]. - Research and development expenses for the first three quarters of 2023 were CNY 22,528,007.17, a significant decrease of 59.0% from CNY 55,155,652.55 in 2022[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,230,407,223.26, a slight decrease of 0.05% from the previous year-end[6]. - Total current assets as of September 30, 2023, amount to CNY 7,693,909,641.36, a slight decrease from CNY 7,646,827,446.07 at the end of 2022[18]. - Total non-current assets as of September 30, 2023, are CNY 1,536,497,581.90, down from CNY 1,588,066,716.88 at the end of 2022[19]. - Total current liabilities as of September 30, 2023, are CNY 5,353,571,830.31, a decrease from CNY 5,407,950,879.34 at the end of 2022[19]. - Total liabilities as of Q3 2023 amounted to CNY 5,492,233,047.34, slightly down from CNY 5,524,937,739.40 in the previous quarter[20]. - The total assets amounted to CNY 9,147,201,691.14, slightly down from CNY 9,157,760,673.14 at the end of the previous year[29]. - The total liabilities decreased to CNY 5,556,935,731.05 from CNY 5,605,372,569.48 in the previous year[30]. - The total equity increased to CNY 3,590,265,960.09 from CNY 3,552,388,103.66 in the previous year[30]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,776[15]. - The largest shareholder, Xi Huiming, holds 151,872,560 shares, representing 34.04% of total shares[15]. - The company has no significant financing or margin trading activities reported for the top shareholders[16]. Future Outlook - The company attributed the decline in revenue primarily to a decrease in new orders and slow project construction progress due to macroeconomic factors[7]. - The company plans to continue focusing on cost control and improving operational efficiency in the upcoming quarters[36]. - The company has not disclosed any new product or technology developments in the current reporting period[17].