ZJBC(000889)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥354,008,793.26, a decrease of 13.78% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥10,984,766.15, representing a decline of 141.47% year-over-year[5]. - The net profit after deducting non-recurring gains and losses was a loss of ¥11,368,850.56, down 163.62% from the previous year[5]. - Total operating revenue for the period was CNY 1,059,973,829.71, a decrease of 14.1% compared to CNY 1,234,003,149.29 in the previous period[21]. - Net profit attributable to shareholders of the parent company was a loss of CNY 25,496,710.31, slightly improved from a loss of CNY 25,544,056.30 in the previous period[23]. - Basic and diluted earnings per share were both -0.0272, compared to -0.0273 in the previous period[23]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,145,417,649.04, a decrease of 11.76% from the end of the previous year[5]. - The company's total assets amounted to CNY 1,145,417,649.04, a decrease from CNY 1,298,127,445.75 at the beginning of the year[17]. - The company's cash and cash equivalents decreased to CNY 50,025,672.20 from CNY 267,786,487.92 at the beginning of the year, reflecting a significant reduction in liquidity[17]. - Accounts receivable increased to CNY 511,195,117.07 from CNY 439,047,823.31, indicating a rise in credit sales or delayed collections[17]. - The company’s non-current assets totaled CNY 424,141,405.97, slightly up from CNY 419,127,898.69 at the beginning of the year[19]. - Total liabilities decreased to CNY 909,381,299.03 from CNY 1,036,449,920.62, a reduction of 12.2%[22]. - Total current liabilities decreased to CNY 1,000,000,000.00 from CNY 1,200,000,000.00, showing improved management of short-term obligations[19]. - The company's total equity attributable to shareholders of the parent company was CNY 235,800,974.40, down from CNY 261,297,684.71, a decline of 9.7%[22]. Cash Flow - Cash flow from operating activities for the year-to-date was -¥154,302,220.63, an increase of 26.66% compared to the previous year[5]. - Cash inflow from operating activities totaled CNY 1,085,822,266.52, down from CNY 1,240,969,680.38, indicating a decrease of 12.5%[24]. - Cash outflow from operating activities was CNY 1,240,124,487.15, compared to CNY 1,451,363,412.82 in the previous period[24]. - The net cash flow from operating activities for Q3 2023 was -154,302,220.63, an improvement from -210,393,732.44 in Q3 2022[25]. - The ending balance of cash and cash equivalents was 46,296,900.45, down from 92,260,700.29 in Q3 2022[25]. - The net cash flow from investing activities was -11,818,464.68, compared to -7,489,940.96 in the same period last year[25]. - Cash inflow from financing activities was 30,000,000.00, significantly lower than 119,516,845.18 in Q3 2022[25]. - The net cash flow from financing activities was -45,995,213.56, an improvement from -62,838,706.32 year-over-year[25]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 34,513[11]. - The top shareholder, Xiaochang Yingxigu Investment Center, holds 22.18% of the shares, with 57,000,000 shares pledged[11]. - The company’s controlling shareholder and its concerted parties have cumulatively increased their holdings by 6,327,900 shares, representing 0.68% of the total share capital since the announcement of the buyback plan[15]. - The company’s controlling shareholder, Liu Yingkui, had shares auctioned due to legal proceedings, with 6,651,885 shares being auctioned on October 24, 2023[13]. Operational Changes - The company reported a significant increase in lease liabilities by 563.41% due to new lease contracts[9]. - The company experienced a 30.71% reduction in selling expenses, primarily due to decreased professional service fees[9]. - Research and development expenses were CNY 41,416,547.52, compared to CNY 47,927,735.13 in the previous period, reflecting a decrease of 13.6%[22]. - The company established a special investigation committee on August 8, 2023, to address risks related to the suspension of stock trading and other related matters[16]. Audit and Accounting - The company did not undergo an audit for the Q3 2023 report[26]. - The company has not applied the new accounting standards for the current year[26].