SSI(SZ:002742)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 was ¥550,409,115.62, representing a 9.12% increase compared to the same period last year[5]. - The net profit attributable to shareholders was -¥34,044,325.66, a decrease of 15.59% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥25,404,277.35, down 45.05% from the previous year[5]. - The basic earnings per share for Q3 2023 was -¥0.0788, a decline of 15.63% year-on-year[5]. - Net profit for Q3 2023 was a loss of CNY 90,886,230.79, compared to a loss of CNY 55,880,894.31 in Q3 2022, reflecting a deterioration in profitability[19]. - The total comprehensive income for the third quarter was -87,460,347.59 CNY, compared to -44,755,229.26 CNY in the previous year[20]. - The net loss attributable to the parent company was -129,359,954.11 CNY, an increase from -74,164,420.35 CNY year-over-year[20]. - Basic and diluted earnings per share were both -0.3045 CNY, compared to -0.1877 CNY in the same period last year[20]. Cash Flow and Financial Stability - The operating cash flow net amount for the year-to-date was ¥34,982,532.74, reflecting a significant decrease of 70.69%[5]. - The company’s cash flow from operating activities remains a critical focus area for future financial stability and growth[19]. - Cash inflow from operating activities totaled 1,141,654,033.09 CNY, down from 1,257,391,594.33 CNY year-over-year[21]. - The net cash flow from operating activities was 34,982,532.74 CNY, significantly lower than 119,342,834.04 CNY in the previous year[21]. - Cash inflow from financing activities was 101,500,000.00 CNY, down from 260,100,000.00 CNY in the previous year[21]. - The net cash flow from financing activities was -24,902,047.66 CNY, compared to -20,276,097.36 CNY in the same period last year[21]. - The ending balance of cash and cash equivalents was 86,157,686.72 CNY, down from 114,776,733.00 CNY year-over-year[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,883,536,367.83, a decrease of 3.89% from the end of the previous year[5]. - Total liabilities decreased to CNY 2,998,732,147.82 from CNY 3,049,147,892.85, indicating a reduction in financial obligations[16]. - The equity attributable to shareholders decreased by 16.10% to ¥673,164,448.45 compared to the end of the previous year[5]. - The equity attributable to shareholders of the parent company fell to CNY 673,164,448.45 from CNY 802,312,531.40, showing a decline in shareholder value[16]. Financial Distress and Reorganization - The company is in the process of applying for reorganization due to an inability to repay due debts, indicating ongoing financial distress[12]. Operating Costs and Expenses - Total operating revenue for Q3 2023 reached CNY 1,615,643,024.88, an increase of 10.1% compared to CNY 1,467,246,893.56 in the same period last year[18]. - Total operating costs amounted to CNY 1,654,069,258.39, up 7.8% from CNY 1,534,085,417.69 year-on-year[18]. - The company reported a significant increase in financial expenses, totaling CNY 131,722,212.55, compared to CNY 104,218,790.88 in the previous year[18]. - Research and development expenses remained stable at CNY 12,398,845.42, slightly up from CNY 12,396,581.56 year-on-year[18]. Other Comprehensive Income - Other comprehensive income after tax for the period was CNY 3,425,883.20, down from CNY 11,125,665.05 in the same quarter last year[19].