Kersen(SH:603626)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥628,576,848.84, a decrease of 32.98% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was -¥90,920,647.70, representing a decline of 627.37% year-on-year[5]. - The diluted earnings per share for Q3 2023 was -¥0.1646, down 632.69% from the previous year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was -¥173,813,551.94, a decline of 672.14% year-on-year[5]. - The weighted average return on equity for Q3 2023 was -3.05%, a decrease of 3.62 percentage points year-on-year[6]. - Total operating revenue for the first three quarters of 2023 was ¥1,912,407,779.87, a decrease of 23.1% compared to ¥2,488,338,327.23 in the same period of 2022[19]. - The net profit attributable to shareholders of the parent company for the first three quarters of 2023 was a loss of ¥160,129,577.23, compared to a profit of ¥37,765,656.42 in the same period of 2022[20]. - The operating profit for the first three quarters of 2023 was a loss of ¥163,330,081.90, compared to a profit of ¥52,732,095.44 in the previous year[19]. - Basic and diluted earnings per share for the third quarter of 2023 were both -¥0.2877, compared to ¥0.0677 in the same period of 2022[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,362,733,443.38, a decrease of 5.90% from the end of the previous year[6]. - Total current assets decreased to ¥2,066,048,287.85 from ¥2,276,843,187.95, a reduction of approximately 9.2%[13]. - Total non-current assets decreased to ¥3,296,685,155.53 from ¥3,422,207,581.31, a decline of about 3.7%[14]. - The total liabilities as of the end of the third quarter of 2023 were ¥2,416,162,160.78, a decrease from ¥2,594,682,812.38 at the end of the previous year[19]. - The total equity attributable to shareholders of the parent company was ¥2,946,571,282.60, down from ¥3,104,367,956.88 in the previous year[19]. Cash Flow - The company reported a cash flow from operating activities of ¥357,873,046.06 for the year-to-date, down 22.32% compared to the previous year[5]. - Cash received from sales of goods and services for the first three quarters of 2023 was ¥2,199,313,534.72, a decrease of 26.4% from ¥2,986,504,048.58 in the same period of 2022[22]. - Net cash flow from operating activities for Q3 2023 was $357,873,046.06, a decrease of 22.3% compared to $460,687,759.70 in Q3 2022[23]. - Cash outflow for investment activities totaled $350,782,367.61, compared to $280,753,640.45 in Q3 2022, resulting in a net cash flow of -$348,417,736.90[23]. - Cash inflow from financing activities was $539,616,235.33, an increase from $395,000,000.00 in Q3 2022[24]. - Net cash flow from financing activities was -$55,844,134.32, an improvement from -$307,838,461.98 in Q3 2022[24]. - The ending cash and cash equivalents balance was $366,404,061.57, compared to $310,447,244.16 at the end of Q3 2022[24]. Operational Challenges - The company experienced a significant decline in revenue due to a slowdown in terminal consumption and market demand[9]. - The company has not reported any significant new product developments or market expansions in the current quarter[12]. - The company plans to continue developing new projects, which has led to increased period expenses and financial costs[9]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 37,246[12].