ZTGM(SH:603559)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥39,320,434.21, a decrease of 43.01% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥15,276,633.83, with a year-to-date net profit of -¥62,765,737.57, indicating significant losses[2]. - The net profit for Q3 2023 was -62,784,535.80 CNY, compared to -48,891,197.29 CNY in Q3 2022, indicating a decline in profitability[16]. - Operating profit for Q3 2023 was -51,995,502.17 CNY, slightly improved from -52,950,398.84 CNY in the same period last year[16]. - Total revenue from operating activities for the first three quarters of 2023 was 364,161,554.06 CNY, down from 410,837,847.19 CNY in the first three quarters of 2022[19]. - The total comprehensive income for Q3 2023 was -62,871,837.00 CNY, compared to -48,891,197.29 CNY in Q3 2022[17]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was ¥2,221,991.68, down 94.52% year-on-year[2]. - Cash flow from operating activities for Q3 2023 was 2,221,991.68 CNY, a significant decrease from 40,558,255.51 CNY in Q3 2022[20]. - The company reported a cash flow from financing activities net increase of 26,295,899.23 CNY in Q3 2023, compared to a net decrease of -120,967,399.89 CNY in Q3 2022[21]. - The company's cash and cash equivalents increased to CNY 58,429,805.00 from CNY 35,456,883.45, reflecting a growth of about 64.73%[11]. - The company’s cash and cash equivalents at the end of Q3 2023 were 56,925,458.31 CNY, up from 10,442,849.71 CNY at the end of Q3 2022[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,278,282,045.78, reflecting a 2.73% increase from the end of the previous year[3]. - Current assets totaled CNY 1,144,253,517.10, up from CNY 1,098,677,288.73, indicating an increase of about 4.16%[12]. - Total liabilities rose to CNY 978,458,182.26, compared to CNY 882,092,786.67, marking an increase of approximately 10.93%[13]. - The total equity attributable to shareholders decreased to CNY 307,078,161.97 from CNY 369,459,028.84, a decline of approximately 16.88%[13]. - The equity attributable to shareholders decreased by 16.88% to ¥307,078,161.97 compared to the previous year-end[3]. Shareholder Information - The company had a total of 19,481 common shareholders at the end of the reporting period[8]. - The top shareholder, Wang Shichao, holds 5.20% of the shares, with 6,000,000 shares frozen[8]. Operational Insights - The company reported a significant decline in business volume, which contributed to the decrease in operating revenue[6]. - The company did not report any new product developments or market expansion strategies during the quarter[10]. - Research and development expenses for Q3 2023 were significantly reduced to 139,081.46 CNY from 3,435,318.31 CNY in Q3 2022[16]. Earnings Per Share - The basic earnings per share for the reporting period was -¥0.11, with a year-to-date figure of -¥0.44[2]. - The basic earnings per share for Q3 2023 was -0.44 CNY, compared to -0.34 CNY in Q3 2022[17].