HIGHSUN(SZ:000861)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥249,157,084.77, a decrease of 42.14% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was -¥8,302,412.06, representing a decline of 140.77% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥9,114,209.56, down 145.78% from the previous year[5] - Total operating revenue for the current period was ¥702,089,390.84, a decrease of 33.2% compared to ¥1,049,816,916.22 in the previous period[30] - The net profit for the current period was a loss of ¥106,105,985.14, compared to a profit of ¥87,856,754.25 in the previous period[32] - The total comprehensive income for the current period was a loss of ¥106,221,306.84, compared to a gain of ¥94,781,699.74 in the previous period[34] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥8,404,311,029.67, a decrease of 5.27% from the end of the previous year[5] - The company's current assets totaled RMB 2,917,392,462.34, down from RMB 3,082,222,695.72, indicating a decrease of about 5.3%[24] - The company’s non-current assets totaled RMB 5,486,918,567.33, down from RMB 5,790,025,708.90, reflecting a decrease of approximately 5.2%[24] - The total liabilities decreased to ¥5,155,894,715.31 from ¥5,505,306,488.92, a reduction of 6.35%[28] - Non-current liabilities totaled ¥2,867,738,304.27, down from ¥3,413,312,585.76, indicating a decrease of 16.0%[28] - The total owner's equity decreased to ¥3,248,416,314.36 from ¥3,366,941,915.70, a decline of 3.5%[28] Cash Flow - The cash flow from operating activities for the year-to-date was ¥305,867,347.33, a decrease of 55.24% compared to the same period last year[5] - The cash inflow from operating activities for the current period is ¥871,880,471.33, a decrease of 26.4% compared to ¥1,184,420,419.92 in the previous period[36] - The net cash flow from operating activities is ¥305,867,347.33, down 55.3% from ¥683,325,553.37 in the same period last year[36] - The cash inflow from investment activities totals ¥166,299,350.76, a decrease of 13.6% from ¥192,492,702.23 in the previous period[39] - The net cash flow from investment activities is ¥113,476,119.44, down 8.8% from ¥124,383,817.87 in the previous period[39] - The cash inflow from financing activities is ¥763,170,000.00, an increase of 83.6% compared to ¥417,170,000.00 in the previous period[39] - The net cash flow from financing activities is -¥390,536,112.40, an improvement from -¥853,698,380.39 in the previous period[39] - The ending balance of cash and cash equivalents is ¥142,040,840.97, an increase from ¥131,988,793.21 in the previous period[39] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 73,234[12] - The largest shareholder, Guangzhou Haiyin Industrial Group Co., Ltd., holds 24.55% of the shares, with 615,898,237 shares[13] Operational Changes - The company has applied for a credit line of up to RMB 2.8 billion from China Minsheng Bank for operational needs and debt restructuring[18] - The company also applied for a comprehensive credit line of RMB 2.1 billion from Jiangxi Bank, with a term not exceeding 33 months[18] - The company signed a management service contract for the Jinghua Plaza commercial project with Foshan Lianhai Commercial Management Co., indicating ongoing market expansion efforts[20] - The company has terminated the operation management of a subsidiary, aligning with its strategic planning[15] Tax and Expenses - The company reported a significant increase in tax expenses, which rose to ¥22,018,674.81 from ¥19,316,496.83, an increase of 8.8%[32] Audit Status - The company has not undergone an audit for the third quarter report[42]