ZLC(SH:900915)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥272,720,591.45, a decrease of 12.98% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥1,644,387.76, down 89.03% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥2,166,643.70, a decrease of 63.60% compared to the same period last year[5] - The basic earnings per share for Q3 2023 was ¥0.005, a decline of 89.36% year-on-year[5] - Net profit for the first three quarters of 2023 was RMB 9,260,263.07, a decrease of 54.4% from RMB 20,345,285.15 in the same period of 2022[19] - The company's gross profit margin decreased, with operating profit for the first three quarters at RMB 14,874,756.42, down from RMB 34,226,607.47 in 2022, indicating a decline of 56.5%[19] - Net profit for the first three quarters of 2023 was 15,601,216.86 RMB, down from 20,959,468.38 RMB in the same period of 2022, reflecting a decrease of approximately 25.6%[24] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥973,920,515.63, an increase of 5.85% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2023 was ¥567,642,300.35, a decrease of 2.97% from the end of the previous year[6] - The total assets of the company as of September 30, 2023, amounted to RMB 973,920,515.63, compared to RMB 920,115,297.97 at the end of 2022, an increase of 5.9%[15] - The total liabilities increased to RMB 378,903,403.98 from RMB 339,258,449.39, reflecting a rise of 11.7%[15] - The company reported a total liability of 177,103,054.52 RMB as of September 30, 2023, down from 187,724,183.54 RMB at the end of 2022[23] Cash Flow - The net cash flow from operating activities for Q3 2023 was -¥25,219,097.06, not applicable for year-on-year comparison[5] - Operating cash flow for the first three quarters of 2023 was negative at -8,861,883.80 RMB, a significant decline from 90,888,885.42 RMB in the same period of 2022[20] - Cash flow from operating activities for the first three quarters of 2023 was negative at -¥45,002,603.42, compared to a positive cash flow of ¥32,328,941.26 in the same period of 2022[26] - Total cash inflow from operating activities was ¥559,111,686.39, down from ¥598,687,460.05 in the previous year, reflecting a decrease of approximately 6.5%[26] - The company reported a net cash increase of -¥35,278,783.63 in Q3 2023, contrasting with a net increase of ¥17,260,508.63 in Q3 2022[27] - The ending cash and cash equivalents balance for Q3 2023 was ¥18,606,176.45, significantly lower than ¥71,055,469.48 at the end of Q3 2022, indicating a decline of about 73.8%[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,682[10] - The company raised 4,900,000.00 RMB from minority shareholders in Q3 2023, compared to 2,450,000.00 RMB in the same period of 2022[20] Research and Development - The company reported a decrease in R&D expenses to RMB 11,481,997.04 from RMB 20,548,588.71, a reduction of 44.3%[19] - Research and development expenses for the first three quarters of 2023 were 1,992,810.87 RMB, an increase of 41.7% compared to 1,405,621.07 RMB in 2022[24] Government Support - The company received government subsidies amounting to ¥586,707.43 during the reporting period[8] Inventory and Receivables - Accounts receivable increased significantly to RMB 68,838,166.02 from RMB 34,159,983.26, representing a growth of 101.5%[13] - The company’s inventory decreased to 463,252.25 RMB as of September 30, 2023, from 582,286.26 RMB at the end of 2022, indicating a reduction of approximately 20.4%[22]