HCR(SH:688500)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥111,607,293.97, representing a decrease of 6.24% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2023 was a loss of ¥12,394,998.98, with a year-to-date loss of ¥41,009,249.82[5]. - The basic and diluted earnings per share for Q3 2023 were both -¥0.170, reflecting a worsening financial position[6]. - Total revenue for the first three quarters of 2023 was CNY 336,472,446.31, a slight increase from CNY 331,887,932.69 in the same period of 2022[21]. - Net loss for the third quarter of 2023 was CNY 44,380,191.52, worsening from a net loss of CNY 12,171,199.40 in the same quarter of 2022[22]. - The basic earnings per share for Q3 2023 was -0.563, compared to -0.124 in Q3 2022, indicating a decline in profitability[23]. - The diluted earnings per share for Q3 2023 was -0.563 RMB, compared to -0.124 RMB in the same period last year[24]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥1,110,764,251.64, a decrease of 8.55% from the end of the previous year[6]. - The company's total assets decreased to CNY 1,110,764,251.64 in Q3 2023 from CNY 1,214,643,842.98 in Q3 2022[19]. - Total liabilities decreased to CNY 239,751,508.01 in Q3 2023 from CNY 260,399,028.55 in Q3 2022[19]. - The total equity attributable to shareholders decreased to ¥864,829,962.91, down 8.45% from the end of the previous year[6]. - The company's equity attributable to shareholders decreased to CNY 864,829,962.91 in Q3 2023 from CNY 944,691,092.01 in Q3 2022[19]. Cash Flow - The company reported a cash flow from operating activities net amount of -¥36,895,283.31 for the year-to-date period[6]. - Cash inflow from operating activities for the first three quarters of 2023 was 416,931,361.59 RMB, an increase from 375,746,944.05 RMB in 2022, representing a growth of approximately 10.3%[24]. - The net cash flow from operating activities was -36,895,283.31 RMB, an improvement from -58,010,689.79 RMB in the previous year[24]. - Cash inflow from investment activities totaled 1,953,309,509.74 RMB, down from 2,056,419,549.89 RMB in 2022, indicating a decrease of about 5%[25]. - The net cash flow from investment activities was 91,371,689.45 RMB, a significant recovery from -188,076,023.12 RMB in the same period last year[25]. - Cash inflow from financing activities was 1,091,000.00 RMB, compared to 7,980,000.00 RMB in the previous year, reflecting a decrease of approximately 86.3%[25]. - The net cash flow from financing activities was -46,593,831.16 RMB, worsening from -7,108,105.34 RMB in the same period last year[25]. - The cash and cash equivalents at the end of Q3 2023 amounted to 206,664,134.44 RMB, up from 141,523,559.51 RMB in the previous year, showing an increase of about 46%[25]. Research and Development - Research and development expenses totaled ¥10,212,721.83 in Q3 2023, down 8.80% year-on-year, accounting for 9.15% of operating revenue[6]. - Research and development expenses for the third quarter of 2023 were CNY 31,499,566.21, up from CNY 27,209,116.43 in the same quarter of 2022[22]. Shareholder Information - The company has a total of 2,181,051 shares in its repurchase account, representing 2.94% of the total share capital[13]. - The top shareholder, Xinjiang Liangzhi Zhengde Enterprise Management Consulting Co., holds 16,803,750 shares, accounting for 22.62% of total shares[12]. Regulatory Issues - The company is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, which may impact its stock listing status[14]. - The company has not received a conclusive opinion from the regulatory authority regarding the ongoing investigation as of the report date[14]. - The company’s stock is subject to delisting risk due to an audit report that could not express an opinion for the last accounting year[14]. Other Financial Metrics - Non-recurring gains and losses for Q3 2023 amounted to ¥2,169,801.09, down from ¥8,750,466.24 year-to-date[10]. - The company has not yet achieved any self-developed projects that meet capitalization conditions, impacting profit comparisons[10]. - As of September 30, 2023, total current assets amounted to RMB 981,658,753.84, a decrease from RMB 1,082,595,395.97 at the end of 2022[17]. - The company reported cash and cash equivalents of RMB 210,206,507.63, slightly up from RMB 208,891,521.31 at the end of 2022[17]. - The total non-current assets were RMB 81,000,000, with significant components including fixed assets valued at RMB 4,193,715.15[17]. - The company reported a significant decrease in trading financial assets, which fell to RMB 501,954,137.00 from RMB 573,286,808.21[17]. - The company’s accounts receivable totaled RMB 190,572,042.49, down from RMB 223,715,463.08 at the end of 2022[17]. - Selling expenses increased to CNY 82,414,546.00 in Q3 2023 from CNY 64,273,356.46 in Q3 2022[22]. - The company reported a significant increase in deferred tax assets, rising to CNY 30,198,774.34 in Q3 2023 from CNY 23,045,531.59 in Q3 2022[19].