DHCT(SH:900921)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥150,730,013.86, a decrease of 34.67% compared to the same period last year[2] - The net profit attributable to shareholders for Q3 2023 was -¥88,758,780.30, with a year-to-date net profit of -¥175,903,914.13, indicating significant losses[2] - The basic earnings per share for Q3 2023 was -¥0.0873, and the diluted earnings per share was also -¥0.0873[3] - Total operating revenue for the first three quarters of 2023 was ¥649,641,860.35, a decrease of 14.4% compared to ¥759,499,133.62 in the same period of 2022[17] - Net profit for the first three quarters of 2023 was -¥227,215,054.31, compared to -¥56,657,534.49 in the same period of 2022, indicating a significant increase in losses[18] - Basic earnings per share for the first three quarters was -¥0.1730, compared to -¥0.0434 in the same period of 2022[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,707,273,360.34, down 8.32% from the previous year[3] - The equity attributable to shareholders decreased by 18.90% to ¥757,287,767.57 compared to the end of the previous year[3] - The company's total liabilities rose to ¥651,678,264.98, an increase of 12.6% from ¥578,748,695.53 year-over-year[18] - The company's total liabilities increased to CNY 1,074,230,687.10 from CNY 1,036,000,000.00, reflecting an increase of approximately 3.7%[14] - The company's total non-current assets decreased to CNY 1,460,932,242.46 from CNY 1,607,501,488.54, a decrease of about 9.1%[14] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥90,701,059.09, reflecting a decline of 201.17%[2] - Cash received from sales of goods and services was ¥783,684,434.40, a decrease of 9.8% from ¥868,230,635.80 in the previous year[22] - Net cash flow from operating activities was -90,701,059.09, a decrease from -30,116,471.98 in the previous quarter[23] - Cash outflow from operating activities totaled 883,069,345.25, down from 908,188,888.84 in the previous quarter[23] - Cash inflow from investment activities was 2,802,379.74, significantly lower than 4,988,860.47 in the previous quarter[23] Operational Challenges - The decline in operating revenue was primarily due to a decrease in product sales and prices[7] - The company's operating performance was impacted by routine maintenance at its subsidiary, resulting in a decline in product output and sales[11] - The company reported a decrease in cash flow from operating activities, indicating potential challenges in operational efficiency[23] Other Financial Metrics - The company's cash and cash equivalents decreased to CNY 21,073,290.07 from CNY 47,905,810.82, representing a decline of about 56.1%[13] - Accounts receivable increased significantly to CNY 31,308,005.02, up from CNY 16,842,172.46, indicating an increase of approximately 85.5%[13] - Total operating costs increased to ¥883,182,200.68, up 7.3% from ¥822,922,124.72 year-over-year[17] - Research and development expenses for the first three quarters were ¥25,322,704.06, down 28.8% from ¥35,537,543.85 in the same period of 2022[18] - Other comprehensive income attributable to shareholders was -¥593,643.96, compared to -¥3,650,410.85 in the same period of 2022[19] Accounting Changes - The company is adapting to new accounting standards starting in 2023, which may impact financial reporting[24]