XZPT(002207)2023-10-26 16:00Financial Performance - Revenue for Q3 2023 reached ¥75,353,629.52, an increase of 43.59% compared to the same period last year[4] - Year-to-date revenue totaled ¥170,031,940.43, reflecting a 24.56% increase compared to the previous year[4] - Total operating revenue for the third quarter of 2023 reached ¥170,031,940.43, an increase of 24.5% compared to ¥136,502,642.53 in the same period last year[19] - Total revenue from sales of goods and services was 171,201,885.72 CNY, an increase from 138,209,413.37 CNY in Q3 2022, representing a growth of approximately 23.8%[22] Profitability - Net profit attributable to shareholders was -¥1,293,484.34, a decrease of 86.01% year-on-year[4] - Net profit attributable to shareholders for the year-to-date period was -¥17,797,856.87, a significant decline of 765.17% compared to the same period last year[4] - Basic and diluted earnings per share for Q3 2023 were both -¥0.0049, representing an 86.02% decrease year-on-year[4] - The net profit for Q3 2023 was -17,877,188.45 CNY, a significant decline compared to a net profit of 2,523,762.90 CNY in the same period last year[20] - Operating profit for Q3 2023 was -18,021,612.25 CNY, down from an operating profit of 2,829,213.79 CNY in Q3 2022[20] - The total comprehensive income for Q3 2023 was -17,877,188.45 CNY, compared to -33,907,774.16 CNY in Q3 2022, indicating an improvement in comprehensive losses[21] Cash Flow and Assets - Cash flow from operating activities showed a net outflow of -¥30,394,140.88, a decrease of 27.17% compared to the previous year[4] - The company's cash and cash equivalents decreased to ¥17,863,651.83 from ¥22,449,035.13, a decline of 20.5%[15] - The company reported a cash and cash equivalents balance of 17,775,915.21 CNY at the end of Q3 2023, down from 18,840,454.25 CNY at the end of Q3 2022[23] - Total assets as of September 30, 2023, were ¥308,110,943.89, a slight increase of 0.36% from the end of the previous year[4] - Total liabilities increased to ¥219,104,915.69 from ¥200,120,990.25, marking a rise of 9.9%[17] Shareholder Equity - Shareholders' equity attributable to shareholders decreased by 16.90% to ¥87,486,390.69 compared to the end of the previous year[4] - The company's equity attributable to shareholders decreased to ¥87,486,390.69 from ¥105,284,247.56, a decline of 17%[17] Operational Activities - The company reported an increase in workload contributing to revenue growth, despite ongoing pricing issues affecting profitability[8] - The company is involved in various project bids, including the development of oil sand mines and drilling engineering projects[13] - The company is actively engaging in related transactions and project bids to enhance operational efficiency[13] Loans and Financing - As of October 18, 2023, the remaining balance of the loan from the former controlling shareholder is 2 million yuan, after early repayments of 18 million yuan and 5 million yuan[13] - The company plans to extend the repayment of a loan of 25 million yuan from the former controlling shareholder until December 31, 2023[13] - Short-term borrowings rose significantly to ¥59,696,000.00 from ¥33,056,000.00, an increase of 80.7%[17] - Other current liabilities surged to ¥10,983,766.32 from ¥1,213,196.79, reflecting a substantial increase of 805.5%[17] Share Transfer and Control - The company reported a total of 47,169,968 shares to be transferred to Karamay City Investment, accounting for 18.00% of the total share capital[12] - The voting rights and other non-financial rights corresponding to 31,446,310 shares, representing 11.9999% of the total share capital, have been entrusted to Karamay City Investment[12] - The company has signed a framework agreement for the transfer of actual control, which was approved by the state-owned assets supervision and administration department on July 21, 2023[12] - The company has completed the transfer of shares on August 10, 2023, marking a change in its controlling shareholder[12] - The company has established a partnership with Karamay City Investment, which is now the controlling shareholder[12] Expenses - Total operating costs amounted to ¥187,283,924.71, up from ¥169,871,066.98, reflecting a year-over-year increase of 10.2%[19] - Research and development expenses increased to 2,444,262.96 CNY from 2,225,674.31 CNY, reflecting a year-over-year increase of approximately 9.8%[20] - Financial expenses rose sharply to 4,117,181.27 CNY, compared to 2,538,133.53 CNY in the previous year, marking a 62.2% increase[20] - The company incurred a credit impairment loss of 2,113,218.74 CNY, up from 1,302,620.35 CNY in the previous year, reflecting a 62.1% increase[20]