HUASHENG(SH:605180)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥52,594,179.41, a decrease of 22.63% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was ¥7,160,800.19, down 49.07% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥6,523,673.74, a decline of 51.02% compared to the previous year[6]. - The basic earnings per share for Q3 2023 was ¥0.04, a decrease of 50.00% from the same period last year[6]. - The diluted earnings per share for Q3 2023 was also ¥0.04, reflecting a 50.00% decline year-on-year[6]. - Revenue for the first three quarters of 2023 was CNY 159.39 million, a decrease of 24.5% compared to CNY 211.22 million in the same period of 2022[19]. - Operating profit for the first three quarters of 2023 was CNY 30.72 million, down 49.5% from CNY 60.80 million in the same period of 2022[19]. - Net profit for the first three quarters of 2023 was CNY 27.75 million, a decline of 47.4% compared to CNY 52.62 million in the same period of 2022[20]. - Basic earnings per share for the first three quarters of 2023 were CNY 0.16, down from CNY 0.31 in the same period of 2022[20]. Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥56,759,606.24, down 47.18% compared to the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 56.76 million, a decrease of 47.3% compared to CNY 107.46 million in the same period of 2022[23]. - Cash inflow from operating activities was CNY 165.36 million, down 59.1% from CNY 404.50 million in the same period of 2022[23]. - Cash outflow from financing activities was CNY 26.32 million, a decrease of 73.8% compared to CNY 100.53 million in the same period of 2022[23]. - The ending balance of cash and cash equivalents as of Q3 2023 was $600,417,973.36, up from $567,710,275.75 at the end of Q3 2022[24]. - The beginning balance of cash and cash equivalents for Q3 2023 was $576,618,915.53, reflecting an increase from $562,546,239.24 in Q3 2022[24]. - The net increase in cash and cash equivalents for Q3 2023 was $23,799,057.83, compared to $5,164,036.51 in Q3 2022, indicating significant growth[24]. Shareholder Information - The company completed a capital increase of 39,000,000 shares, raising the total share capital to 169,000,000 shares[7]. - Total number of common shareholders at the end of the reporting period was 9,163[13]. - The largest shareholder, Jiang Yuhui, holds 63,216,562 shares, accounting for 37.41% of total shares[14]. Assets Overview - The total assets at the end of Q3 2023 were ¥1,125,980,771.51, a slight decrease of 0.12% from the end of the previous year[6]. - Total current assets as of September 30, 2023, amounted to ¥888,523,344.44, a decrease from ¥902,244,735.70 at the end of 2022[17]. - Non-current assets totaled ¥237,457,427.07, up from ¥225,040,067.84 at the end of 2022[17]. - Total assets as of September 30, 2023, were ¥1,125,980,771.51, slightly down from ¥1,127,284,803.54 at the end of 2022[17]. - The company reported a decrease in prepayments to ¥21,100,716.83 from ¥25,392,200.69 at the end of 2022[17]. Equity and Liabilities - The equity attributable to shareholders at the end of Q3 2023 was ¥1,104,681,560.51, an increase of 0.16% compared to the end of the previous year[6]. - Total liabilities as of the end of the third quarter of 2023 were CNY 21.30 million, down from CNY 24.36 million at the end of the same period in 2022[18]. - Total equity as of the end of the third quarter of 2023 was CNY 1,104.68 million, an increase from CNY 1,102.93 million at the end of the same period in 2022[18]. Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 11.33 million, an increase of 31.2% compared to CNY 8.64 million in the same period of 2022[19]. Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[16].