岭南股份(002717) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥503,178,650.86, a decrease of 30.06% compared to the same period last year[3] - The net profit attributable to shareholders was -¥97,146,525.87, representing a 60.91% increase in losses year-over-year[3] - The basic earnings per share were -¥0.06, a 60.79% increase in losses compared to the previous year[3] - Total operating revenue for Q3 2023 was CNY 1,644,064,134.32, a decrease of 5.74% compared to CNY 1,744,289,733.77 in the same period last year[26] - Net profit for Q3 2023 was a loss of CNY 209,141,490.33, an improvement from a loss of CNY 433,125,980.40 in Q3 2022[28] - Earnings per share for Q3 2023 were -0.12, compared to -0.25 in the same quarter last year[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥16,738,753,703.56, down 2.78% from the end of the previous year[4] - Total assets as of September 30, 2023, amounted to CNY 16,738,753,703.56, a decrease from CNY 17,217,672,220.53 at the beginning of the year[23] - The company’s total liabilities as of September 30, 2023, were CNY 10,000,000,000, indicating a stable financial position[23] - Total liabilities as of Q3 2023 amounted to CNY 13,497,008,996.20, slightly down from CNY 13,611,020,211.75 at the end of the previous year[27] - Total equity attributable to shareholders of the parent company was CNY 2,996,227,138.38, down from CNY 3,330,167,232.11 year-on-year[27] Cash Flow - The cash flow from operating activities showed a net outflow of -¥296,502,153.76 for the year-to-date[3] - The net cash flow from operating activities for Q3 2023 was -296.50 million, compared to -313.32 million in Q3 2022, indicating a slight improvement year-over-year[30] - Total cash inflow from operating activities was 2.19 billion, while cash outflow was 2.49 billion, resulting in a net cash flow deficit[30] - The total cash and cash equivalents decreased by 301.01 million in Q3 2023, compared to a decrease of 696.19 million in Q3 2022, showing a reduction in cash burn[30] Investment and Financing - Investment income for the period was ¥7,946.01 million, an increase of 115.55% year-over-year, attributed to higher returns from joint ventures[16] - The net cash flow from financing activities was ¥546.76 million, an increase of 100.81% year-over-year, reflecting increased financing activities[18] - The company received 1.68 billion in cash from financing activities, with total cash outflow of 1.77 billion, resulting in a net cash flow of 5.47 million from financing[30] Shareholder Information - The company reported a total of 94,195 common stock shareholders at the end of the reporting period[20] - The largest shareholder, Yin Hongwei, holds 17.38% of the shares, totaling 291,848,971 shares, with 272,200,000 shares pledged[20] - The company has a controlling shareholder, Zhongshan Huaying Industrial Investment Partnership, holding 5.02% of the shares[21] - The company plans to subscribe to a private placement of shares as part of its strategy to enhance control and governance[21] Expenses - The company reported a decrease in sales expenses by 32.73% to ¥17,828,000.00, mainly due to reduced bidding-related costs[16] - Research and development expenses for Q3 2023 were CNY 66,083,055.53, a decrease from CNY 73,983,835.13 in the same period last year[27] - Cash paid to employees increased to 188.85 million from 162.86 million year-over-year, reflecting a 15.98% increase[30] - The company paid 34.50 million in taxes during Q3 2023, down from 78.48 million in Q3 2022, indicating a significant reduction in tax payments[30]