巴安水务(300262) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was CNY 62,579,324.19, a decrease of 19% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY -1,756,209.32, down 95.43% year-on-year[5]. - Total operating revenue for Q3 2023 was CNY 212,943,348.98, an increase from CNY 200,342,412.80 in the same period last year, representing a growth of approximately 3.9%[22]. - Net loss for Q3 2023 was CNY 74,711,444.22, compared to a net loss of CNY 170,956,284.68 in Q3 2022, showing an improvement of approximately 56.3%[23]. - The basic and diluted earnings per share were both CNY 0, reflecting a 95.43% decrease compared to the previous year[5]. - The basic and diluted earnings per share were both reported at -0.11 CNY, an improvement from -0.25 CNY in the previous year[24]. - The company experienced a comprehensive loss of -61,176,367.70 CNY for the quarter, compared to -144,497,380.30 CNY in the same quarter last year[24]. Cash Flow and Investments - The net cash flow from operating activities increased by 1,401.29%, amounting to CNY 289,078,109.35, primarily due to the receipt of CNY 290 million in project payments[11]. - The net cash flow from operating activities increased significantly to 289,078,109.35 CNY, compared to 19,255,361.42 CNY in the previous year[26]. - The company recorded cash inflows from operating activities totaling 546,602,634.14 CNY, up from 353,525,878.37 CNY year-over-year[25]. - The cash outflows from operating activities were 257,524,524.79 CNY, compared to 334,270,516.95 CNY in the previous year, indicating improved cash management[26]. - The net cash flow from investing activities was 29,293,060.43 CNY, a turnaround from -412,822.06 CNY in the same period last year[26]. - The cash inflow from investment activities included 28,285,544.00 CNY in investment income received[26]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,304,529,998.30, a decrease of 7.63% from the end of the previous year[5]. - Total assets as of Q3 2023 were CNY 3,304,529,998.30, down from CNY 3,577,595,945.27 in the previous year[20]. - Total liabilities decreased to CNY 3,271,517,383.37 from CNY 3,483,406,962.64, a reduction of approximately 6.1%[20]. - The company's total equity was CNY 33,012,614.93, down from CNY 94,188,982.63, indicating a decline of about 64.9%[20]. - The equity attributable to shareholders decreased by 34.12% from the end of the previous year, amounting to CNY 116,646,274.86[5]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,828[13]. - The largest shareholder, Zhang Chunlin, holds 18.30% of shares, totaling 122,574,102 shares, with 115,761,537 shares pledged[13]. - The company has not disclosed any related party relationships among the top ten shareholders[14]. Operational Changes - The company’s board approved the appointment of a new general manager, Yao Zewei, on July 28, 2023[15]. - The company reported a significant increase in accounts receivable, rising to 206,202,021.77 CNY from 171,599,909.99 CNY at the beginning of the year[18]. - The company has completed the sale of 100% equity of a wholly-owned subsidiary, receiving a payment of 4.8 million USD[16]. - The company repaid a total of 290 million CNY in principal and interest to Tianjin Bank[16]. Expenses - Total operating costs decreased to CNY 363,922,324.52 from CNY 401,529,624.13, a reduction of about 9.4%[22]. - Research and development expenses decreased to CNY 6,163,487.13 from CNY 10,090,231.75, a decline of about 38.5%[23]. - Financial expenses were CNY 89,720,782.11, down from CNY 96,888,304.48, indicating a decrease of approximately 7.3%[23]. - Investment income increased significantly to CNY 90,312,315.35 from CNY 44,616,550.03, representing a growth of about 102.5%[23].