正和生态(605069) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥21,412,859.20, a decrease of 80.64% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company for Q3 2023 was -¥21,585,196.18, reflecting a decline of 378.63% year-on-year[5]. - The basic earnings per share for Q3 2023 was -¥0.10, a decrease of 350.00% compared to the previous year[6]. - The net loss for the third quarter of 2023 was ¥190,613,861.06, compared to a net loss of ¥33,919,304.20 in the same quarter of 2022, indicating a significant increase in losses[24]. - The basic and diluted earnings per share for the third quarter of 2023 were both -¥0.86, compared to -¥0.17 in the same quarter of 2022, indicating a worsening financial performance[25]. - Total operating revenue for the first three quarters of 2023 was ¥138,008,417.33, a decrease of 58.8% compared to ¥333,972,575.12 in the same period of 2022[23]. - Operating profit for the first three quarters of 2023 was CNY -169,819,421.93, compared to CNY -46,655,260.73 in the first three quarters of 2022, indicating a significant increase in losses[35]. - Net profit for the first three quarters of 2023 was CNY -169,056,625.49, worsening from CNY -39,090,411.77 in the same period of 2022[35]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥3,850,063,815.87, down 8.78% from the end of the previous year[6]. - The company's total assets as of the third quarter of 2023 were ¥3,850,063,815.87, down from ¥4,220,848,638.33 in the previous year, a decrease of 8.8%[20]. - Total liabilities as of the end of the third quarter of 2023 amounted to CNY 1,439,738,759.31, down from CNY 1,570,537,295.17 at the end of the previous year[33]. - The company's total liabilities as of the third quarter of 2023 amounted to ¥2,423,676,798.26, down from ¥2,603,784,514.47 in the previous year, a decrease of 6.9%[20]. - The total equity attributable to shareholders of the parent company decreased to ¥1,295,951,022.63 from ¥1,477,717,056.58, a decline of 12.3%[20]. - The total liabilities increased to 2,605,535,091.07 RMB from 2,603,784,514.47 RMB, reflecting a slight rise in financial obligations[45]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥8,606,004.21[6]. - In the first three quarters of 2023, the net cash flow from operating activities was ¥8,606,004.21, a significant improvement compared to a negative cash flow of ¥172,454,745.33 in the same period of 2022[28]. - Total cash inflow from operating activities in Q3 2023 was ¥339,769,121.06, while cash outflow was ¥331,163,116.85, resulting in a net cash flow of ¥8,606,004.21[28]. - The company's cash inflow from financing activities in Q3 2023 was ¥280,442,987.66, while cash outflow was ¥398,251,865.45, resulting in a net cash flow of -¥117,808,877.79[29]. - The net increase in cash and cash equivalents was -59,840,593.49 RMB, compared to -39,736,229.27 RMB in the same period last year, reflecting a worsening liquidity position[38]. Operational Changes - The company reported a significant reduction in new orders due to a focus on projects with financial backing and delays in project bidding in key regions[10]. - The company has shifted its market focus, actively abandoning projects in the North China region while emphasizing business in South and East China[10]. - The company has not disclosed any new product developments or market expansion strategies during the reporting period[15]. - The company has not reported any new product launches or market expansions during this quarter[36]. Expenses - Total operating costs for the first three quarters of 2023 were ¥306,091,121.73, down from ¥339,765,440.22 in the previous year, reflecting a reduction of 10.0%[23]. - Research and development expenses for the first three quarters of 2023 were ¥29,659,764.19, compared to ¥27,624,239.15 in the same period of 2022, representing an increase of 7.4%[23]. - The company reported a significant increase in financial expenses, totaling ¥42,770,370.77 for the first three quarters of 2023, compared to ¥7,148,997.39 in the previous year[23]. - Sales expenses for the first three quarters of 2023 were CNY 12,567,018.87, down from CNY 25,044,413.45 in the same period of 2022, indicating cost-cutting measures[34]. - The company reported a significant increase in interest expenses, totaling CNY 13,523,107.51 for the first three quarters of 2023, compared to CNY 12,237,641.68 in the same period of 2022[34]. Shareholder Information - The company reported a total of 22,642 common shareholders at the end of the reporting period[13]. - The largest shareholder, Beijing Huiheng Investment Co., Ltd., holds 38.82% of the shares, totaling 82,175,600 shares[13].