Yuancheng(SH:603388)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥48,407,161.88, a decrease of 53.48% compared to the same period last year[4] - The net profit attributable to shareholders was -¥13,961,729.73, representing a decline of 303.41% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥18,360,244.07, a decrease of 432.60% compared to the previous year[4] - The basic earnings per share for Q3 2023 was -¥0.0429, down 278.01% from the same period last year[5] - The company experienced a decrease in order volume for engineering construction, leading to reduced revenue[9] - The company's revenue for the first nine months of 2023 was CNY 283,388,945.66, a year-on-year decrease of 15.59%[14] - The net profit attributable to shareholders for the same period was CNY 257,734.94, down 99.22% year-on-year[14] - Total operating revenue for the first three quarters of 2023 was CNY 283,388,945.66, a decrease of 15.6% compared to CNY 335,712,177.22 in the same period of 2022[19] - Net profit for the third quarter was CNY 6,691,039.01, a significant decline of 78.5% from CNY 31,126,794.56 in the previous year[21] - Total comprehensive income attributable to the parent company for Q3 2023 was CNY 257,734.94, a decrease from CNY 33,139,465.23 in Q3 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,559,782,686.76, an increase of 3.20% compared to the end of the previous year[5] - The company reported a total asset increase to CNY 3,559,782,686.76 from CNY 3,449,380,250.96, representing a growth of 3.2%[17] - Total liabilities rose to CNY 1,896,629,976.36, compared to CNY 1,812,101,561.52, indicating an increase of 4.7%[17] - Total liabilities as of Q3 2023 were CNY 1,751,327,089.17, compared to CNY 1,686,575,597.15 in the same period last year[27] - The company’s total equity as of Q3 2023 was CNY 1,304,331,392.43, down from CNY 1,314,608,317.37 in the same period last year[27] Cash Flow - The net cash flow from operating activities for the year-to-date was -¥61,970,412.69, indicating a significant cash outflow[4] - Net cash flow from operating activities for the first three quarters of 2023 was CNY -61,970,412.69, compared to CNY -27,703,479.12 in the same period of 2022[23] - Cash inflow from operating activities totaled CNY 371,904,053.93, down from CNY 384,831,818.75 year-over-year[23] - Cash outflow from operating activities increased to CNY 433,874,466.62 from CNY 412,535,297.87 in the previous year[23] - Cash flow from investing activities showed a net outflow of CNY -86,858,194.94, compared to CNY -29,739,339.19 in the same period last year[23] - Cash flow from financing activities generated a net inflow of CNY 34,237,200.73, up from CNY 28,927,644.47 in Q3 2022[23] Strategic Initiatives - The company has integrated its services in ecological landscape, green environmental protection, and leisure tourism, while also expanding into the semiconductor sector through acquisitions[13] - The company plans to continue exploring new business growth points in the semiconductor industry[14] - The company has made strategic acquisitions to enhance its presence in the leisure tourism sector[13] - The company plans to implement more cautious measures regarding existing orders, impacting revenue generation[9] - The company plans to enhance market expansion strategies and invest in new technologies to drive future growth[18] Research and Development - Research and development expenses for the third quarter were CNY 12,363,467.44, slightly up from CNY 12,089,914.62, indicating a focus on innovation[20] - Research and development expenses for the first three quarters of 2023 were CNY 9,716,405.65, slightly up from CNY 9,667,934.42 in the same period of 2022[27] Other Financial Metrics - The weighted average return on equity was -1.04%, a decrease of 1.65 percentage points year-on-year[5] - The company reported a significant decrease in financial expenses, down to CNY 9,455,200.66 from CNY 28,530,060.34, indicating improved cost management[20] - The company reported a significant increase in other payables, which rose to CNY 343,523,816.45 from CNY 237,607,452.42 year-over-year[27] - The company has implemented new accounting standards starting in 2023, which may affect the financial statements[32]