*ST西发(000752) - 2023 Q3 - 季度财报

Revenue and Profitability - Revenue for Q3 2023 reached ¥98,466,596.04, an increase of 228.62% compared to the same period last year[5] - Total operating revenue for the period reached CNY 245,880,724.82, an increase of 14.5% compared to CNY 214,811,165.78 in the previous period[28] - Total revenue from sales and services received was 273,368,388.38 CNY, up from 236,895,306.50 CNY in Q3 2022, representing an increase of approximately 15.4%[31] - The net profit for Q3 2023 was -55,944,255.85 CNY, compared to -40,445,791.36 CNY in Q3 2022, indicating a decline of approximately 38.3% year-over-year[29] - Operating profit for Q3 2023 was -45,856,789.52 CNY, with total profit amounting to -51,492,040.32 CNY, reflecting a significant increase in losses compared to the previous year[29] Loss and Equity - Net loss attributable to shareholders was ¥35,026,709.23, a decrease of 40.29% year-on-year[5] - The company's equity attributable to shareholders decreased by 249.73% to -¥107,652,306.45[5] - The company's equity attributable to shareholders decreased to CNY -107,652,306.45 from CNY -30,781,910.90, indicating a decline in shareholder equity[26] - The company reported a net loss of CNY 464,942,879.17, worsening from a loss of CNY 387,825,095.69 in the previous period[26] Cash Flow and Assets - Cash flow from operating activities showed a significant increase of 755.22%, totaling ¥39,156,638.30[5] - The company reported cash received from operating activities of RMB 2,754,145.26, down 65.51% from RMB 7,984,817.25 year-on-year[12] - The company's cash and cash equivalents decreased to CNY 66,433,840.64 from CNY 89,380,764.89, a decline of 25.6%[24] - The cash and cash equivalents at the end of Q3 2023 were 66,415,389.42 CNY, a decrease from 89,377,583.79 CNY at the beginning of the period[32] - Total assets at the end of Q3 2023 amounted to ¥848,407,099.92, a slight decrease of 0.62% from the end of the previous year[5] - Total assets decreased to CNY 848,407,099.92 from CNY 853,688,445.44, a reduction of 0.6%[26] Expenses and Liabilities - Management expenses rose by 46.25% to ¥18,387,875.64, attributed to increased restructuring costs[11] - The company reported a substantial increase in operating expenses, with a rise of 1184.17% in other operating expenditures[11] - Total operating costs amounted to CNY 232,477,063.65, up from CNY 225,259,576.18, reflecting a rise of 1.0%[28] - Total liabilities increased to CNY 565,111,886.76 from CNY 561,948,976.43, an increase of 0.4%[26] - The company incurred financial expenses of 26,984,657.72 CNY, compared to 18,240,250.35 CNY in the previous year, marking an increase of about 48.3%[29] Inventory and Receivables - Inventory increased by 92.49% to ¥22,525,554.70, primarily due to seasonal stockpiling[10] - Accounts receivable increased to CNY 28,406,076.92 from CNY 26,645,767.39, representing a growth of 6.6%[24] - Inventory levels rose significantly to CNY 22,525,554.70 from CNY 11,701,933.24, marking an increase of 92.6%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,007, with no preferred shareholders[14] - The top shareholder, Tibet Shengbang Holdings Co., Ltd., holds 12.74% of shares, totaling 33,613,192 shares[14] - Tibet Tianyi Longxing Investment Co., Ltd. holds 10.65% of shares, totaling 28,099,562 shares, which are pledged and frozen[14] - The company completed a share reduction plan, with a total of 1.08% of shares reduced, leaving the shareholder's stake at 6.09%[21] Financial Difficulties and Restructuring - The company is undergoing pre-restructuring and restructuring processes due to financial difficulties, with a court decision to appoint a temporary manager[18] - The company’s major shareholder, Tibet Shengbang Holdings, repaid debts of RMB 2,186,197,000 on behalf of its subsidiaries during the reporting period[17] Other Income and Taxation - Other income from government subsidies increased significantly, contributing to a rise of 2894.32%[11] - In the first three quarters of 2023, the company received tax refunds of RMB 581,912.09, a decrease of 100% compared to RMB 581,912.09 in the same period of 2022[12] - The company paid taxes totaling RMB 10,663,898.36, a decrease of 40% compared to RMB 17,772,720.56 in the previous year[12] Audit Status - The company has not undergone an audit for the Q3 2023 report[34]