Daqian(SH:603955)2023-10-25 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥27,814,445.82, representing a decrease of 6.63% compared to the same period last year, and a year-to-date decline of 50.97% to ¥92,529,375.86[5] - Net profit attributable to shareholders for Q3 2023 was ¥805,862.60, an increase of 105.07% year-on-year, while the year-to-date net profit rose by 74.43% to ¥16,342,231.93[5] - The basic earnings per share for Q3 2023 was ¥0.0059, reflecting a 105.04% increase compared to the same period last year[6] - Total operating revenue for the first three quarters of 2023 was ¥92,529,375.86, a decrease of 51.0% compared to ¥188,709,080.68 in the same period of 2022[20] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥16,342,231.93, an increase of 74.5% from ¥9,369,103.85 in the same period of 2022[22] - Basic earnings per share for the first three quarters of 2023 were ¥0.1204, compared to ¥0.0690 in the same period of 2022, reflecting a 74.5% increase[22] - Total comprehensive income for the first three quarters of 2023 was ¥23,603,613.71, up 61.5% from ¥14,622,040.46 in the same period of 2022[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,084,325,993.02, a decrease of 8.27% from the previous year-end[6] - As of September 30, 2023, the total current assets amounted to RMB 1,426,296,842.79, a decrease from RMB 1,739,355,505.02 as of December 31, 2022, reflecting a decline of approximately 18%[14] - The total assets as of September 30, 2023, were RMB 3,084,325,993.02, down from RMB 3,362,443,292.56, reflecting a decrease of approximately 8%[16] - Total liabilities decreased to RMB 1,238,325,710.08 from RMB 1,540,202,523.33, a reduction of about 20%[17] - The company reported a decrease in total current liabilities to RMB 720,409,054.26 from RMB 964,088,162.87, a reduction of approximately 25%[17] - The total equity as of September 30, 2023, was RMB 1,845,990,282.94, slightly up from RMB 1,822,240,769.23, indicating a marginal increase of about 1.3%[17] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥1,118,373.67, indicating a significant improvement of 99.15% compared to the previous year[6] - The net cash flow from operating activities for the first three quarters of 2023 was -¥1,118,373.67, an improvement from -¥131,509,042.62 in the same period of 2022[24] - The net cash flow from investing activities was $26,186,673.44, compared to $99,140,147.33 in the previous period, indicating a decrease of approximately 73.6%[25] - Cash inflow from financing activities totaled $120,000,000.00, down from $275,000,000.00, representing a decline of about 56.5%[25] - The net cash flow from financing activities was -$187,001,103.21, worsening from -$102,057,976.30 in the previous period[25] - The ending balance of cash and cash equivalents was $297,919,288.13, down from $441,100,740.60, reflecting a decrease of approximately 32.5%[25] Expenses and Investments - The decrease in operating revenue was primarily due to a reduction in engineering construction volume during the reporting period[10] - The company reported a significant reduction in period expenses, contributing to the increase in net profit[10] - Total operating costs for the first three quarters of 2023 were ¥90,253,214.14, down 49.9% from ¥179,940,059.17 in the previous year[20] - Research and development expenses for the first three quarters of 2023 were ¥3,467,345.53, a decrease of 65.8% from ¥10,142,984.19 in the same period of 2022[20] - The company reported a financial asset impairment loss of ¥15,797,755.98 for the first three quarters of 2023, compared to ¥4,579,641.71 in the same period of 2022[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,549[12]