WLGF(SH:603779)2023-10-27 16:00Financial Performance - The company's revenue for Q3 2023 was ¥90,572,506.10, representing a decrease of 14.05% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥10,268,043.74, an increase of 173.07% year-on-year[5]. - The net profit after deducting non-recurring gains and losses for Q3 2023 was ¥10,493,041.37, up 187.07% from the previous year[5]. - The basic and diluted earnings per share for Q3 2023 were both ¥0.03, reflecting a 200% increase compared to the previous quarter[6]. - Total operating revenue for the first three quarters of 2023 was ¥268,030,809.77, a decrease of 18.7% compared to ¥329,826,504.80 in the same period of 2022[18]. - Net profit attributable to shareholders of the parent company for Q3 2023 was -¥2,794,179.89, compared to a profit of ¥3,888,390.33 in Q3 2022, indicating a significant decline[20]. - The total comprehensive income for Q3 2023 was -¥10,419,323.97, compared to ¥4,344,708.63 in Q3 2022, showing a substantial decrease[20]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,308,679,530.84, down 8.88% from the end of the previous year[6]. - As of September 30, 2023, the company's total assets amounted to ¥1,308,679,530.84, a decrease from ¥1,436,279,805.04 at the end of 2022, reflecting a decline of approximately 8.9%[14]. - The company's current assets totaled ¥639,876,240.45, down from ¥742,788,463.56, indicating a decrease of about 13.9%[14]. - Total liabilities decreased from ¥728,603,139.25 to ¥611,422,189.02, a reduction of approximately 16.1%[16]. - The company's total equity decreased from ¥707,676,665.79 to ¥697,257,341.82, reflecting a decline of about 1.9%[16]. - Short-term borrowings were reduced from ¥297,480,930.00 to ¥189,202,180.00, a decrease of approximately 36.4%[15]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥10,214,930.50, a decrease of 70.57% compared to the previous year[6]. - The net cash flow from operating activities for the first three quarters of 2023 was ¥10,214,930.50, down 70.7% from ¥34,712,654.86 in the same period of 2022[23]. - The cash inflow from operating activities totaled ¥267,677,942.47 in the first three quarters of 2023, down from ¥280,193,149.37 in 2022, a decline of 4.5%[23]. - The company reported a net cash inflow from investment activities of ¥25,404,177.28 in 2023, contrasting with a net outflow of -¥6,347,583.14 in 2022[23]. - Cash inflow from financing activities totaled $179.56 million, a decrease from $216.21 million in the previous period, representing a decline of approximately 17%[24]. - Cash outflow from financing activities amounted to $237.76 million, down from $249.63 million, indicating a reduction of about 5%[24]. - Net cash flow from financing activities was -$58.20 million, worsening from -$33.42 million in the prior period[24]. - The ending balance of cash and cash equivalents was $22.79 million, down from $30.46 million, reflecting a decrease of approximately 25%[24]. - The impact of exchange rate changes on cash and cash equivalents was -$0.79 million, contrasting with a positive impact of $0.002 million previously[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 24,569[10]. - The largest shareholder, Shandong Jiuhuo Yuntou Technology Development Co., Ltd., held 62,571,800 shares, accounting for 18.8% of the total shares[11]. Research and Development - Research and development expenses increased to ¥6,579,523.75 in the first three quarters of 2023, up from ¥2,846,049.54 in 2022, reflecting a growth of 131.3%[19]. Other Information - The company reported a loss of ¥224,997.63 from non-recurring gains and losses for Q3 2023[8]. - The company reported a net loss of ¥224,532,830.27 in retained earnings as of September 30, 2023, compared to a loss of ¥221,738,650.38 at the end of 2022[16]. - The company has not disclosed any new product developments or market expansion strategies in the current report[13].