SNC Net(SH:605398)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 156,285,298.17, representing a 3.61% increase compared to CNY 150,836,012.31 in the same period last year[6]. - Net profit attributable to shareholders was CNY 7,987,323.54, a decrease of 23.25% from CNY 10,479,316.63 year-on-year[6]. - The basic earnings per share (EPS) for Q3 2023 was CNY 0.06, down 23.25% from CNY 0.09 in the same period last year[6]. - Net profit for the third quarter of 2023 was ¥33,295,691.48, slightly higher than ¥32,955,788.73 in the same quarter of 2022, indicating a growth of 1.0%[25]. - The total comprehensive income for the third quarter of 2023 was ¥33,295,691.48, compared to ¥32,955,788.73 in the same quarter of 2022, reflecting a growth of 1.0%[26]. - Basic and diluted earnings per share remained stable at ¥0.28 for both Q3 2023 and Q3 2022[26]. Cash Flow - The net cash flow from operating activities was not applicable, with a year-to-date net cash flow of -CNY 57,933,417.44, an improvement from -CNY 113,786,583.13 in the previous year[6]. - The company reported a significant increase in cash received from sales and services, contributing to a year-to-date increase of CNY 55,853,200.00 in cash flow from operating activities[13]. - In the first three quarters of 2023, the cash inflow from operating activities totaled CNY 449,387,328.54, an increase from CNY 388,042,625.07 in the same period of 2022, representing a growth of approximately 15.8%[29]. - The net cash flow from operating activities was negative CNY 57,933,417.44, an improvement compared to negative CNY 113,786,583.13 in the first three quarters of 2022[29]. - Cash inflow from investment activities was CNY 261,700,396.04, down from CNY 491,481,387.16 in the previous year, indicating a decline of about 46.8%[30]. - The net cash flow from investment activities was negative CNY 89,221,263.42, contrasting with a positive CNY 2,277,139.67 in the same period of 2022[30]. - Cash inflow from financing activities was CNY 15,000,000.00, an increase from CNY 10,000,000.00 in the previous year, marking a growth of 50%[30]. - The net cash flow from financing activities was negative CNY 12,508,704.28, an improvement from negative CNY 42,662,138.20 in the first three quarters of 2022[30]. - The total cash and cash equivalents at the end of the period stood at CNY 741,959,132.79, slightly down from CNY 743,052,188.59 at the end of the same period last year[30]. - The company reported a decrease in cash received from investment recoveries, totaling CNY 260,000,000.00, compared to CNY 488,000,000.00 in the previous year, a decline of approximately 46.7%[30]. - The company’s cash outflow for operating activities was CNY 507,320,745.98, slightly higher than CNY 501,829,208.20 in the same period of 2022[29]. - The company experienced a cash outflow of CNY 27,508,704.28 from financing activities, a decrease from CNY 52,662,138.20 in the previous year, indicating a reduction of about 47.8%[30]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,214,471,688.54, reflecting a decrease of 1.64% from CNY 1,233,664,152.86 at the end of the previous year[7]. - The company's total current assets as of September 30, 2023, amount to ¥1,195,456,501.76, a decrease from ¥1,212,804,613.73 at the end of 2022[19]. - The company's total assets amounted to ¥1,214,471,688.54 in Q3 2023, slightly down from ¥1,234,730,687.41 in Q3 2022, a decrease of 1.6%[21]. - The company's total liabilities decreased to ¥175,165,740.59 in Q3 2023 from ¥216,225,807.14 in Q3 2022, a reduction of approximately 19.0%[21]. - The equity attributable to shareholders of the parent company increased to ¥1,038,871,732.68 in Q3 2023, compared to ¥1,018,147,394.93 in Q3 2022, marking a growth of 2.0%[21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,255[15]. - The largest shareholder, Sun Zhengti, holds 21,627,914 shares, representing 18.55% of the total shares[16]. Other Information - The company has implemented changes in accounting policies effective from January 1, 2023, impacting the recognition of deferred tax assets and liabilities[9]. - Non-recurring gains and losses for the reporting period totaled CNY 1,767,131.38, down from CNY 6,719,698.75 year-to-date[12]. - The company received government subsidies amounting to CNY 1,232,025.00 during the reporting period, contributing to its non-recurring gains[11]. - The company has not disclosed any new product developments or market expansion strategies in the current report[18]. - There are no significant changes in the shareholder structure or any mergers and acquisitions reported during this period[17]. - The company has not provided any future performance guidance or outlook in the current report[18]. - Research and development expenses for the first three quarters of 2023 were ¥74,985,277.73, down from ¥80,886,490.94 in the same period of 2022, a decrease of 7.3%[24].