SHUHUA SPORTS(SH:605299)2023-10-29 16:00Financial Performance - The company's revenue for Q3 2023 was CNY 324,914,977.46, representing a year-over-year increase of 4.84%[6] - The net profit attributable to shareholders for Q3 2023 was CNY 13,659,021.73, a decrease of 17.91% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,505,364.38, down 28.93% year-over-year[6] - Basic earnings per share for Q3 2023 were CNY 0.03, a decrease of 25.00% compared to the previous year[7] - Total revenue for the first three quarters of 2023 was CNY 917,550,621.20, a decrease of 1.3% compared to CNY 929,751,334.54 in the same period of 2022[21] - Net profit for Q3 2023 was CNY 56,881,825.88, down 10.06% from CNY 63,480,164.01 in Q3 2022[23] - The company reported a total profit of CNY 73,154,803.11 for Q3 2023, down from CNY 82,349,595.89 in Q3 2022, reflecting a decrease of 11.88%[23] Cash Flow and Liquidity - The operating cash flow for the year-to-date period was CNY 80,885,896.91, an increase of 69.36%[7] - Cash flow from operating activities for the first three quarters of 2023 was CNY 80,885,896.91, an increase of 69.25% from CNY 47,759,531.86 in the same period of 2022[26] - Cash and cash equivalents decreased to CNY 91,232,298.58 from CNY 222,516,223.38 at the end of 2022, representing a decline of 59.0%[17] - Cash and cash equivalents at the end of Q3 2023 were CNY 90,203,927.78, down from CNY 167,437,331.63 at the end of Q3 2022[26] - The total cash and cash equivalents at the end of Q3 2023 was RMB 28,577,133.46, a significant decrease from RMB 141,296,119.96 at the end of Q3 2022[36] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,806,302,143.86, a decrease of 1.62% from the end of the previous year[7] - As of September 30, 2023, total assets amounted to CNY 1,806,302,143.86, down from CNY 1,835,964,931.21 at the end of 2022[19] - Total liabilities as of September 30, 2023, were CNY 563,912,973.15, compared to CNY 547,890,336.38 at the end of 2022, indicating an increase of 2.0%[19] - The company's equity attributable to shareholders decreased to CNY 1,242,389,170.71 from CNY 1,288,074,594.83, a decline of 3.6%[19] - The company's total liabilities decreased to RMB 449,140,703.25 from RMB 476,381,432.94, representing a reduction of about 5.7%[30] - The total equity of the company as of September 30, 2023, was RMB 1,097,017,658.95, slightly down from RMB 1,102,735,777.72 at the end of 2022, a decrease of about 0.5%[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,430[13] - The largest shareholder, Jinjiang Shuhua Investment Development Co., Ltd., holds 64.88% of the shares[14] - The company repurchased 1,230,000 shares, accounting for 0.30% of the total share capital[15] Operational Efficiency - Total operating costs for Q3 2023 were CNY 848,032,302.07, a decrease of 1.36% from CNY 858,189,662.10 in Q3 2022[22] - The weighted average return on equity for Q3 2023 was 1.09%, a decrease of 0.25 percentage points year-over-year[7] - The company reported a decrease of 18.58% in cash paid for goods and services compared to the same period last year[12] Investment and Financing Activities - Investment activities generated a net cash outflow of CNY -135,555,246.93 in the first three quarters of 2023, compared to CNY -108,431,258.67 in the same period of 2022[26] - Financing activities resulted in a net cash outflow of CNY -65,642,934.00 in the first three quarters of 2023, compared to a net inflow of CNY 29,708,265.30 in the same period of 2022[26] - Cash outflow from investing activities was RMB 234,828,187.19, a decrease of 29.7% compared to RMB 334,122,229.48 in the previous year[35] - Cash flow from financing activities showed a net outflow of RMB 104,548,742.29, compared to -RMB 22,373,546.50 in the previous year[36]