Guirenniao(SH:603555)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥357,112,004.24, representing a year-on-year increase of 6.26%[6]. - The net profit attributable to shareholders for Q3 2023 was a loss of ¥37,091,353.72, with a year-to-date loss of ¥55,235,947.70[6]. - The basic earnings per share for Q3 2023 was -¥0.0236, and the diluted earnings per share was also -¥0.0236[7]. - Net loss for Q3 2023 was ¥63,697,729.56, compared to a net loss of ¥19,961,190.30 in Q3 2022, indicating a significant decline in profitability[26]. - The total comprehensive loss for Q3 2023 was ¥70,981,072.44, compared to a loss of ¥17,455,654.19 in Q3 2022, reflecting a significant increase in losses[26]. - Basic earnings per share for Q3 2023 were -¥0.04, compared to -¥0.01 in Q3 2022, indicating a worsening of earnings per share[27]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥2,655,741,117.85, a decrease of 12.44% compared to the end of the previous year[7]. - The company's total liabilities decreased to ¥1,017,226,142.80 in Q3 2023 from ¥1,323,685,291.26 in Q3 2022, a reduction of approximately 23.1%[25]. - The company's equity attributable to shareholders decreased by 3.67% to ¥1,640,022,386.96 compared to the end of the previous year[7]. - The company's total equity decreased to ¥1,638,514,975.04 in Q3 2023 from ¥1,709,496,047.49 in Q3 2022, a decline of approximately 4.1%[25]. - Current liabilities decreased to ¥921,339,531.91 from ¥1,007,835,609.92 year-over-year[21]. Cash Flow - The cash flow from operating activities for the year-to-date period showed a net outflow of ¥89,106,947.82, reflecting a significant decline of 426.90%[7][13]. - Cash inflow from operating activities for the first three quarters of 2023 was ¥1,287,638,327.14, compared to ¥1,143,719,740.10 in the same period of 2022, marking an increase of 12.6%[28]. - The net cash flow from operating activities was -$89.1 million, a decrease from $27.3 million in the previous year[29]. - The total cash outflow from operating activities was $1.38 billion, compared to $1.12 billion in the same quarter last year[29]. - The company reported a significant increase in cash payments for goods and services, contributing to the negative cash flow from operating activities[13]. Inventory and Costs - Total operating costs for the first three quarters of 2023 were ¥1,130,786,628.33, up from ¥1,021,545,668.01 in 2022, reflecting a year-on-year increase of 10.7%[24]. - Inventory increased to ¥457,050,967.86 from ¥399,155,049.36 year-over-year, indicating a growth of approximately 14.6%[20]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 29,230[15]. - The largest shareholder, Heilongjiang Taifu Jingu Network Technology Co., Ltd., holds 320,000,000 shares, accounting for 20.36% of total shares[16]. Strategic Initiatives - The company has approved a business optimization adjustment plan during the board meetings held in September 2023[17]. - The company is focusing on optimizing its business operations as part of its strategic initiatives[17]. Research and Development - Research and development expenses for Q3 2023 were ¥27,878,345.14, up from ¥21,405,958.32 in Q3 2022, representing a year-on-year increase of 30.3%[25]. Cash Flow from Investments and Financing - Total cash inflow from investment activities was $269.9 million, down from $458.8 million year-over-year[29]. - Cash inflow from financing activities totaled $292.3 million, compared to $387.1 million in the previous year[29]. - The net cash flow from financing activities improved to $41.8 million from a negative $265.7 million year-over-year[29]. - The company reported a significant decrease in cash received from investment recoveries, totaling $82.2 million compared to $239.7 million last year[29]. Accounting Standards - The company did not apply new accounting standards for the current year[30].