兴源环境(300266) - 2023 Q3 - 季度财报

Financial Performance - The company's revenue for Q3 2023 was ¥263,571,629.57, representing a decrease of 8.16% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥89,526,433.56, down 53.77% year-on-year, while the net profit after deducting non-recurring gains and losses was -¥90,479,168.42, a decrease of 52.32%[5]. - The basic and diluted earnings per share were both -¥0.0576, reflecting a decline of 55.26% compared to the previous year[5]. - Total operating revenue for the third quarter of 2023 was CNY 693,419,558.27, a decrease of 26.7% compared to CNY 946,424,421.58 in the same period last year[22]. - The company's net loss increased to CNY -1,731,986,292.64 from CNY -1,472,031,256.80, indicating a worsening of 17.6%[21]. - Operating profit for Q3 2023 was -305,081,357.86 CNY, worsening from -156,859,065.48 CNY in the same period last year[23]. - The total comprehensive income for Q3 2023 was -279,910,830.09 CNY, compared to -148,867,377.15 CNY in the previous year[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥10,733,151,780.19, a decrease of 3.54% from the end of the previous year[5]. - Total assets decreased to CNY 10,733,151,780.19 from CNY 11,126,792,815.11, a decline of 3.5%[21]. - Total liabilities decreased to CNY 9,445,001,362.22 from CNY 9,561,090,286.93, a reduction of 1.2%[21]. - The total equity attributable to shareholders decreased by 21.08% to ¥969,292,403.66 compared to the end of the previous year[5]. Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥99,502,315.96, which is a 70.13% improvement compared to the previous period[5]. - Cash flow from operating activities showed a net outflow of -99,502,315.96 CNY, an improvement from -333,165,366.55 CNY in Q3 2022[26]. - The company reported a decrease in cash and cash equivalents, ending Q3 2023 with 207,212,227.60 CNY, compared to 314,409,510.57 CNY at the end of Q3 2022[26]. - The company's cash and cash equivalents decreased to CNY 388,993,858.06 from CNY 584,858,570.20 at the beginning of the year, representing a decline of 33.4%[19]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 27,290[13]. - New Hope Investment Group Co., Ltd. holds 23.76% of shares, totaling 369,205,729 shares[13]. - Shanghai Changfu Investment Management Co., Ltd. holds 10.17% of shares, totaling 158,005,112 shares[13]. - The top ten shareholders hold a significant portion of the company's shares, with the first two shareholders alone accounting for over 33%[13]. Investment and Contracts - The company plans to issue 466,142,194 A-shares at a price of RMB 2.59 per share to a specific investor, Caifeng Technology[16]. - The contract amount for the procurement of energy storage equipment with Guoning Ruineng is RMB 282,600,000[17]. - The company has not yet received the advance payment for the contract with Guoning Ruineng, which may affect delivery timelines[17]. - The company will continue to monitor the progress of the contract and disclose any significant changes or risks[17]. Research and Development - Research and development expenses decreased by 31.14% to ¥3,300,370.00, attributed to a reduction in investment due to declining revenue[11]. - Research and development expenses for the third quarter were CNY 33,003,675.61, down 30.5% from CNY 47,926,855.10 in the previous year[22]. Financial Expenses - Financial expenses increased by 84.89% to ¥15,916,610.00, primarily due to reduced amortization of PPP project income[11]. - The company incurred financial expenses of 159,166,109.57 CNY in Q3 2023, compared to 86,087,941.37 CNY in Q3 2022[23]. Inventory and Receivables - Accounts receivable decreased to CNY 1,014,878,210.27 from CNY 1,198,822,024.91, a reduction of 15.4%[19]. - Inventory increased to CNY 297,844,929.36 from CNY 260,534,878.61, reflecting a rise of 14.3%[20].