正平股份(603843) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥527,299,602.74, representing a decrease of 5.02% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥33,708,549.84, a decline of 32,306.28% year-on-year[5]. - The basic earnings per share for the period was -¥0.0482, a decrease of 1,195.45% compared to the previous year[6]. - The company reported a 590.69% decrease in net profit attributable to shareholders for the year-to-date period, totaling -¥118,209,372.29[5]. - Total revenue for the first three quarters of 2023 was CNY 1,168,835,072.37, a decrease of 22.8% compared to CNY 1,514,143,949.49 in the same period of 2022[24]. - Net profit for Q3 2023 was a loss of approximately 135.31 million, compared to a profit of 24.45 million in Q3 2022, indicating a significant decline[26]. - The company reported a total revenue of approximately 1.24 billion for the first three quarters of 2023, down from 1.99 billion in the same period of 2022, reflecting a decrease of about 37.8%[28]. - Basic and diluted earnings per share for Q3 2023 were both -0.1690, compared to 0.0344 in Q3 2022, showing a substantial drop in profitability[27]. - Operating profit for Q3 2023 was a loss of approximately 138.57 million, contrasting with a profit of 37.63 million in Q3 2022[25]. - The total profit for Q3 2023 was a loss of approximately 141.59 million, compared to a profit of 37.72 million in Q3 2022[26]. - Net profit for the first three quarters of 2023 was a loss of approximately ¥63.2 million, compared to a profit of ¥58.7 million in the same period of 2022[36]. Assets and Liabilities - The total assets at the end of the reporting period were ¥8,857,776,259.71, a slight decrease of 0.26% from the end of the previous year[6]. - Total assets as of September 30, 2023, amounted to 7,027,727,701.49 RMB, an increase from 6,529,175,554.93 RMB at the end of 2022[34]. - The company's total liabilities increased to 5,258,730,730.08 RMB from 4,705,988,427.13 RMB, reflecting a rise in financial obligations[33]. - Total liabilities as of September 30, 2023, were CNY 7,017,906,602.13, compared to CNY 6,979,637,076.65 at the end of 2022[22]. - Current assets totaled CNY 5,350,305,593.39, a decrease from CNY 5,508,956,373.04 at the end of 2022[20]. - The company's equity attributable to shareholders decreased to CNY 1,465,964,449.68 from CNY 1,570,849,189.84, a decline of 6.7%[22]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥394,909,626.84, a significant decline of 336.77% year-on-year[6]. - Net cash flow from operating activities decreased by 336.77 million RMB compared to the previous period, primarily due to a reduction in cash received from sales and services[11]. - Cash inflows from operating activities for the first three quarters of 2023 totaled approximately 1.58 billion, a decrease from 2.53 billion in the same period of 2022[28]. - The net cash flow from operating activities for Q3 2023 was -394,909,626.84 RMB, compared to -90,415,163.67 RMB in Q3 2022, indicating a significant decline[29]. - Cash flow from financing activities increased by 575.22 million RMB, driven by higher cash received from borrowings and other financing activities compared to the previous year[11]. - The company reported a net cash flow from financing activities of 581,461,870.58 RMB, a recovery from -122,355,184.39 RMB in Q3 2022[29]. - Cash flow from operating activities for the first three quarters of 2023 was a net outflow of approximately ¥15.4 million, an improvement from a net outflow of ¥112.0 million in 2022[38]. - Cash flow from investing activities generated a net inflow of approximately ¥125.5 million in 2023, compared to a net outflow of ¥168.5 million in 2022[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 35,441[13]. - The largest shareholder, Jin Shengguang, holds 121,255,273 shares, representing 17.33% of the total shares, with 117,855,273 shares pledged[13]. - Jin Shenghui, another major shareholder, owns 46,228,594 shares, accounting for 6.61% of the total shares, all of which are pledged[13]. - The controlling shareholder, Jin Shengguang, and his concerted actors have pledged a total of 20,126,575,000 shares, which is 97.77% of their total holdings[18]. Investment and R&D - The company’s research and development expenses decreased by 100.00%, indicating a reduction in R&D spending[10]. - The company’s investment income increased by 78.70%, primarily due to the transfer of subsidiary equity[10]. - The company’s investment income decreased significantly to approximately ¥3.4 million in 2023 from ¥8.6 million in 2022[35]. - The company transferred a 34% stake in Xinjiang International Racecourse Co., Ltd., with 24% going to Xinjiang Longhua International Investment Development Co., Ltd. and 10% to Dao Si Yi You (Beijing) International Cultural Tourism Co., Ltd.[19].