SHGBIT(SH:603918)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 198,419,141.39, representing a year-on-year increase of 6.25%[4] - For the year-to-date period, the operating revenue reached CNY 602,533,584.33, reflecting a growth of 25.33% compared to the same period last year[4] - The net profit attributable to shareholders for Q3 2023 was a loss of CNY 2,954,526.03, a decrease of 138.44% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was a loss of CNY 10,371,115.99, down 299.46% year-on-year[4] - Basic earnings per share for Q3 2023 were CNY -0.0080, a decline of 137.91% compared to the same period last year[5] - The diluted earnings per share for Q3 2023 were also CNY -0.0080, reflecting a decrease of 137.91% year-on-year[5] - The weighted average return on equity was -0.2740%, a decrease of 0.971 percentage points compared to the previous year[5] - Total operating revenue for the first three quarters of 2023 reached ¥602,533,584.33, an increase of 25.4% compared to ¥480,755,445.75 in the same period of 2022[22] - Total operating costs for the first three quarters of 2023 were ¥580,615,209.19, up from ¥459,423,692.70 in 2022, reflecting a growth of 26.3%[22] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,630,933,410.77, a decrease of 2.22% from the end of the previous year[5] - The equity attributable to shareholders of the listed company was CNY 1,111,376,258.91, an increase of 2.73% compared to the end of the previous year[5] - Total liabilities decreased to ¥515,412,244.99 from ¥582,012,222.55, a reduction of approximately 11.45%[19] - Total liabilities as of Q3 2023 were ¥522,302,161.22, down from ¥587,745,446.79 in the previous year, indicating a decrease of 11.1%[23] - The company's cash and cash equivalents as of September 30, 2023, amount to ¥559,102,292.58, down from ¥687,527,929.50 at the end of 2022, a decrease of approximately 18.65%[18] - Accounts receivable increased to ¥401,219,851.37 from ¥377,476,171.44, reflecting a growth of about 6.67% year-over-year[18] - The company's non-current assets increased to ¥265,004,316.89 from ¥233,567,071.57, showing an increase of about 13.48%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 86,836[14] - The largest shareholder, Jin Guopei, holds 66,646,939 shares, representing 18.09% of total shares[15] - The company repurchased 3,065,266 shares, accounting for 0.83% of the total share capital as of September 30, 2023[15] - Total equity attributable to shareholders of the parent company reached ¥1,111,376,258.91, up from ¥1,081,791,441.77 in Q3 2022, an increase of 2.7%[23] Cash Flow - Cash inflow from operating activities for the first three quarters of 2023 was ¥607,316,311.95, compared to ¥538,478,524.48 in the same period of 2022, an increase of 12.8%[26] - The net cash flow from operating activities was -$77.92 million, compared to -$60.60 million in the previous year, indicating a decline of approximately 28.5%[27] - Total cash inflow from investment activities decreased to $363.24 million from $533.76 million, a drop of about 31.9% year-over-year[27] - The net cash flow from investment activities was -$89.68 million, an improvement from -$258.46 million in the same quarter last year, reflecting a 65.3% reduction in losses[27] - Cash inflow from financing activities increased to $44.06 million, up from $17.49 million, marking a growth of approximately 151.5%[27] - The net cash flow from financing activities was $27.44 million, a significant recovery from -$54.99 million in the previous year[27] - The total cash and cash equivalents at the end of the period stood at $517.56 million, compared to $337.81 million at the end of the same quarter last year, representing a year-over-year increase of approximately 53.2%[27] - The company reported a total cash outflow from operating activities of $685.23 million, up from $599.07 million, indicating an increase of about 14.4%[27] - The cash outflow for investment activities was $452.92 million, down from $792.23 million, showing a decrease of approximately 43% year-over-year[27] Other Information - The company increased its investment in personnel and market expansion, which impacted current profits due to higher costs and expenses[6] - The company did not adopt new accounting standards for the current year, maintaining consistency in financial reporting[28] - The report was issued by the board of directors on October 23, 2023, reflecting the company's ongoing commitment to transparency[29] - The company's total revenue and future outlook were not detailed in the provided content, indicating a need for further information on performance guidance and market expansion strategies[16] - The company reported a decrease in financial expenses, with interest expenses at ¥560,673.01 in Q3 2023, compared to ¥138,172.19 in Q3 2022, a reduction of 304.1%[23] - Other comprehensive income after tax for Q3 2023 was ¥125,467.46, down from ¥550,886.10 in Q3 2022, a decrease of 77.2%[24] - Net profit for Q3 2023 was ¥14,847,209.15, significantly higher than ¥1,424,509.12 in Q3 2022, marking an increase of 943.5%[24] - Earnings attributable to shareholders of the parent company for Q3 2023 were ¥16,073,573.00, compared to ¥6,665,165.91 in Q3 2022, representing a growth of 141.5%[24] - Basic earnings per share for Q3 2023 increased to ¥0.0440 from ¥0.0183 in Q3 2022, reflecting a rise of 140.4%[25]