COSHIP(SZ:002052)2022-10-24 16:00Financial Performance - The company's revenue for Q3 2022 was ¥81,530,854.62, representing a 115.78% increase compared to the same period last year[4]. - The net profit attributable to shareholders was -¥1,588,776.48, a decrease of 94.95% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥14,314,272.45, a decrease of 53.82% compared to the previous year[4]. - Total operating revenue for Q3 2022 reached ¥150,068,492.11, an increase of 36.1% compared to ¥110,298,984.99 in the same period last year[24]. - The net profit for Q3 2022 was -33,152,608.69 CNY, compared to -57,457,885.08 CNY in Q3 2021, showing an improvement of approximately 42.4% year-over-year[25]. - The total comprehensive income for Q3 2022 was -33,152,608.69 CNY, compared to -57,457,885.08 CNY in the same period last year, indicating a significant reduction in losses[26]. - Basic and diluted earnings per share for Q3 2022 were both -0.0449 CNY, an improvement from -0.0770 CNY in Q3 2021[26]. Assets and Liabilities - Total assets at the end of the reporting period were ¥517,719,536.44, an increase of 6.58% from the end of the previous year[4]. - The total assets of the company amounted to ¥517,719,536.44, up from ¥485,736,516.25 at the beginning of the year[22]. - The total liabilities decreased slightly to ¥432,862,086.85 from ¥445,339,751.78, indicating a reduction in financial obligations[22]. - The company reported a net loss of ¥1,749,430,600.80 in retained earnings, worsening from a loss of ¥1,716,066,870.57 at the start of the year[22]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥4,403,547.36, a decrease of 75.64% year-to-date[4]. - Cash flow from operating activities for Q3 2022 was -4,403,547.36 CNY, an improvement from -18,076,797.27 CNY in Q3 2021[27]. - Cash inflow from investing activities for Q3 2022 was 51,156,221.00 CNY, compared to 1,996,847.86 CNY in Q3 2021, reflecting a substantial increase[27]. - Cash flow from financing activities in Q3 2022 resulted in a net outflow of -20,995,069.89 CNY, compared to a net inflow of 4,242,579.74 CNY in Q3 2021[27]. - The total cash and cash equivalents at the end of Q3 2022 were 22,037,132.29 CNY, compared to 33,757,264.09 CNY at the end of Q3 2021[27]. - The company received 100,000,000.00 CNY in borrowings during Q3 2022, up from 50,000,000.00 CNY in the same period last year[27]. - The company reported a cash inflow of 4,854,886.08 CNY from tax refunds in Q3 2022, down from 10,844,347.58 CNY in Q3 2021[27]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 35,108[12]. - The largest shareholder, Yuan Ming, holds 16.50% of the shares, totaling 123,107,038 shares, which are fully pledged and frozen[14]. - The second largest shareholder, Huaxia Life Insurance, holds 9.16% of the shares, totaling 68,308,000 shares[12]. - The top ten shareholders do not participate in margin financing activities[13]. Operational Challenges - The company is currently facing a risk of delisting due to negative net profit and revenue below 100 million RMB for the last audited fiscal year[18]. - The company has received administrative penalties from the China Securities Regulatory Commission, leading to multiple investor lawsuits[15]. - The company has a non-operating fund occupation of 31.6992 million RMB by its associate, Hubei Tongzhou Information Port Co., Ltd.[15]. - The first major shareholder, Yuan Ming, has been unreachable since August 2020, and his shares are frozen until May 2023[14]. - The company is actively communicating with the associate to recover the non-operating funds occupied[15]. Future Strategies - The company is focusing on new product development and market expansion strategies to enhance future performance[24].