*ST广田(002482) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥198,629,400, a decrease of 76.82% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥233,583,590, down 17.08% year-on-year[5]. - The net profit excluding non-recurring gains and losses for the year-to-date was ¥266,565,160, a decrease of 48.93% compared to the previous year[5]. - Operating revenue for the first nine months of 2023 was ¥720.45 million, a decline of 71.10% compared to ¥2.49 billion in the same period of 2022[13]. - The net loss for the current period is ¥872,061,773.32, compared to a net loss of ¥456,917,991.86 in the previous period, indicating an increase in losses of 90.8%[26]. - Total comprehensive loss for the current period is ¥879,238,349.74, compared to a loss of ¥460,766,644.34 in the previous period, reflecting a 90.7% increase in comprehensive losses[26]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥9,263,673,094.76, reflecting a decrease of 14.13% from the end of the previous year[5]. - The company's current assets decreased to CNY 6.58 billion from CNY 8.05 billion, a reduction of about 18.2%[22]. - The company's total liabilities amounted to CNY 15.17 billion, down from CNY 15.82 billion, indicating a decrease of approximately 4.1%[23]. - The company's net assets were reported at -CNY 5.91 billion, worsening from -CNY 5.03 billion at the beginning of the year[24]. - The company reported a significant increase in expected liabilities by 553.55% to ¥46.15 million, attributed to anticipated litigation compensation[13]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥64,903,158, an increase of 107.30% compared to the previous year[5]. - The company experienced a net increase in cash and cash equivalents of approximately ¥53.78 million, a significant improvement from a decrease of ¥108.84 million in the previous year[14]. - Cash flow from operating activities generated a net inflow of ¥64,903,158.12, a significant improvement from a net outflow of ¥888,955,811.96 in the previous period[27]. - Cash and cash equivalents at the end of the period increased to ¥128,545,784.19 from ¥72,665,199.83, showing a positive change in liquidity[28]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,358, with no preferred shareholders[16]. - The largest shareholder, Guotian Holdings Group, holds 37.32% of the shares, amounting to approximately 573.69 million shares[16]. Accounting Policies and Changes - The company has implemented changes in accounting policies effective from January 1, 2023, impacting the financial statements[6]. - The company will implement the new accounting standards starting January 1, 2023, affecting deferred tax assets and liabilities[30]. - The adjustment of retained earnings and other financial statement items will be made according to the new accounting policy[30]. - The company reported a significant increase in deferred tax liabilities, indicating potential future tax obligations[31]. - The adjustments reflect the company's compliance with the Ministry of Finance's accounting standards[30]. Research and Development - Research and development expenses fell by 68.63% to ¥22.39 million, indicating a reduction in R&D investment[13]. - Research and development expenses decreased to ¥22,388,402.62 from ¥71,367,349.46, a reduction of 68.7%[25]. Financial Risks and Concerns - The company continues to face uncertainties regarding its ability to continue as a going concern due to negative net profits over the last three accounting years[19]. - The company has received a court ruling for restructuring on July 24, 2023, leading to a "delisting risk warning" on July 25, 2023[18]. - The company’s audited net assets for 2022 were reported at -CNY 4.77 billion, triggering a "delisting risk warning" on May 5, 2023[19].