SOYEA(SZ:000909)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥108,518,115.26, a decrease of 46.32% compared to the same period last year[5] - The net profit attributable to shareholders was -¥10,487,675.45, an increase of 21.89% year-on-year[5] - Total operating revenue for Q3 2023 was CNY 679,406,564.15, an increase of 9.3% compared to CNY 619,599,426.25 in Q3 2022[25] - Net profit for Q3 2023 reached CNY 37,644,735.58, a significant increase from CNY 18,515,132.12 in Q3 2022, representing a growth of 103.3%[27] - The basic earnings per share for Q3 2023 was -¥0.0231, a decrease of 21.93% year-on-year[5] - The company reported a basic and diluted earnings per share of CNY 0.0693 for Q3 2023, compared to CNY 0.0205 in Q3 2022[27] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥482,936,899.45, representing a 244.23% increase compared to the previous year[12] - The net cash flow from operating activities for Q3 2023 was ¥482,936,899.45, a significant improvement compared to a negative cash flow of -¥334,829,952.34 in the same period last year[30] - Total cash inflow from operating activities amounted to ¥1,621,079,052.60, while cash outflow was ¥1,138,142,153.15, resulting in a net cash flow of ¥482,936,899.45[30] - Cash inflow from investment activities was ¥22,180,069.30, while cash outflow totaled ¥14,043,213.43, leading to a net cash flow of ¥8,136,855.87, compared to a negative cash flow of -¥310,488,664.68 in the previous year[31] - The company raised ¥560,969,872.57 from borrowings in Q3 2023, contributing to total cash inflow from financing activities of ¥1,055,048,973.96[31] - Total cash outflow from financing activities was ¥1,743,923,711.99, resulting in a net cash flow of -¥688,874,738.03, contrasting with a positive cash flow of ¥695,197,087.99 in the same quarter last year[31] - The ending balance of cash and cash equivalents as of Q3 2023 was ¥263,729,012.09, down from ¥604,944,575.27 at the end of Q3 2022[31] Assets and Liabilities - The total assets as of September 30, 2023, were ¥3,514,566,476.95, a decrease of 18.76% from the end of the previous year[5] - The total assets decreased to CNY 3,514,566,476.95 in Q3 2023 from CNY 4,326,237,897.36 in Q3 2022, a decline of 18.7%[24] - Total liabilities decreased to CNY 1,983,519,205.88 in Q3 2023 from CNY 2,804,773,182.06 in Q3 2022, a reduction of 29.2%[24] - The company’s total equity attributable to shareholders was ¥1,462,370,622.19, a slight increase of 0.33% from the previous year-end[5] Research and Development - Research and development expenses increased by 45.56% to ¥17,775,627.96 compared to the same period last year[11] - Research and development expenses increased to CNY 17,775,627.96 in Q3 2023 from CNY 12,211,911.40 in Q3 2022, reflecting a growth of 45.8%[26] Impairment and Losses - The company reported a significant increase in impairment losses, with credit impairment losses rising by 403.55% to ¥54,639,240.52[11] - The company reported an investment loss of CNY 74,520,280.43 in Q3 2023, compared to a loss of CNY 14,837,000.11 in Q3 2022, indicating a worsening of investment performance[26] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 34,201, with the largest shareholder, Xihu Electronics Group Co., Ltd., holding 29.49% of shares[16] - The company is actively pursuing performance compensation obligations related to the 2020-2022 performance commitments of Chengyuan Real Estate, as disclosed in the announcement on July 27, 2023[17] - The company has disclosed ongoing efforts to ensure compliance with performance compensation agreements to protect shareholder interests[17] Corporate Governance - The company has appointed a new independent director, Wang Zhiming, following the resignation of independent director Jin Ying[18] - The company did not undergo an audit for the Q3 2023 report[32] - The report was released by the company's board on October 31, 2023[33]