WYZK(SZ:300420)2023-10-24 16:00Financial Performance - The company's revenue for Q3 2023 was CNY 333,887,394.59, a decrease of 14.81% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 7,289,151.08, down 24.13% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 15.93% to CNY 5,164,420.93 for Q3 2023[5]. - The company's net profit attributable to shareholders increased to CNY 478,384,738.51 from CNY 452,138,148.61, an increase of about 5.79%[16]. - The net profit for Q3 2023 was CNY 35,733,441.31, a decrease of 20.5% compared to CNY 44,894,551.81 in Q3 2022[19]. - Operating profit for Q3 2023 was CNY 34,220,483.30, down 33.7% from CNY 51,534,722.28 in the same period last year[19]. - Total revenue from operating activities was CNY 1,037,574,886.04, a decline of 15.6% compared to CNY 1,230,852,675.45 in Q3 2022[23]. - The total comprehensive income for Q3 2023 was CNY 35,733,441.31, down from CNY 44,894,551.81 in Q3 2022, indicating a decline of 20.5%[20]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 3,481,077,149.96, a decrease of 2.19% from the end of the previous year[5]. - Total assets as of September 30, 2023, were CNY 3,481,077,149.96, down from CNY 3,558,879,857.27, a decrease of about 2.18%[16]. - Total liabilities decreased to CNY 941,774,742.12 from CNY 1,040,638,430.82, a reduction of approximately 9.48%[16]. Cash Flow and Equities - The company reported a significant increase in cash flow from operating activities, totaling CNY 37,210,020.99, up 9.68% year-to-date[5]. - Cash flow from operating activities showed a net increase of CNY 37,210,020.99, compared to CNY 33,924,587.01 in the previous year, reflecting a growth of 7.5%[23]. - Cash and cash equivalents as of September 30, 2023, were CNY 282,203,457.90, down from CNY 322,635,447.61 at the beginning of the year, a decline of approximately 12.54%[14]. - Cash and cash equivalents at the end of Q3 2023 were CNY 238,928,693.68, a decrease from CNY 424,500,128.09 at the end of Q3 2022[23]. - The company experienced a net cash outflow of CNY 28,746,137.11 in Q3 2023, contrasting with a net increase of CNY 181,449,856.10 in the same period last year[23]. - The company’s total equity increased to CNY 2,539,302,407.84 from CNY 2,518,241,426.45, reflecting a growth of about 0.83%[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,846[11]. - Earnings per share (EPS) for Q3 2023 was CNY 0.0335, down from CNY 0.0383 in Q3 2022, reflecting a decrease of 20.0%[20]. Operational Metrics - The total operating revenue for the third quarter of 2023 was CNY 951,163,965.57, an increase from CNY 944,483,203.81 in the same period last year, representing a growth of approximately 0.72%[18]. - The total operating costs decreased to CNY 884,036,891.12 from CNY 912,722,304.86, marking a reduction of about 3.15%[18]. - Research and development expenses were CNY 59,727,820.60, slightly down from CNY 61,495,662.34, indicating a focus on cost management[19]. Impairment and Income - The company experienced an 84.22% decrease in accounts receivable due to a reduction in commercial acceptance[9]. - The company’s investment income dropped by 86.81% compared to the previous year, primarily due to last year's compensation[9]. - The company reported a 112.92% increase in non-operating income, attributed to penalties and confiscated income[9]. - The company reported a significant increase in credit impairment losses, amounting to CNY -62,850,362.74, compared to CNY -30,051,346.33 in the previous year[19]. - Accounts receivable increased to CNY 826,098,247.24 from CNY 795,843,747.92, reflecting a rise of about 3.79%[15]. - Inventory decreased to CNY 401,802,225.04 from CNY 485,066,587.99, indicating a decline of approximately 17.2%[15].