Goaland(SZ:300499)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 was ¥143,278,494.70, a decrease of 75.08% compared to the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥2,724,110.89, representing a decline of 778.88% year-on-year[7]. - The net profit after deducting non-recurring gains and losses was a loss of ¥4,312,294.70, an increase of 16.41% compared to the previous year[7]. - Total operating revenue for Q3 2023 was CNY 403,450,257.52, a significant decrease from CNY 1,422,274,155.96 in the same period last year, representing a decline of approximately 71.7%[31]. - The net profit for Q3 2023 was a loss of CNY 4,423,522.10, contrasting with a profit of CNY 37,115,244.35 in Q3 2022, marking a significant decline[32]. - The total comprehensive income attributable to the parent company for Q3 2023 was -4,957,576.15 CNY, compared to 1,474,545.19 CNY in the same period last year[33]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,793,576,012.51, down 16.79% from the end of the previous year[7]. - The company's total assets decreased to CNY 1,793,576,012.51 from CNY 2,155,567,064.27 year-over-year, reflecting a reduction of approximately 16.8%[29]. - Current liabilities were reduced to CNY 348,630,316.52 from CNY 646,055,875.53, a decrease of about 46.0%[29]. - Non-current assets increased to CNY 808,843,009.70 from CNY 772,618,714.34, showing a growth of approximately 4.7%[29]. - The total equity attributable to shareholders decreased to CNY 1,420,858,189.61 from CNY 1,463,819,700.90, a decline of approximately 2.9%[30]. Cash Flow - Cash flow from operating activities for the year-to-date was -¥29,027,192.22, an increase of 22.25% compared to the previous year[7]. - The net cash flow from operating activities for Q3 2023 was -29,027,192.22 CNY, an improvement from -37,331,731.01 CNY in Q3 2022[35]. - Cash inflow from operating activities totaled 478,623,087.58 CNY, down 58.2% from 1,145,117,025.87 CNY in the previous year[34]. - Cash outflow from operating activities was 507,650,279.80 CNY, a decrease of 57.0% compared to 1,182,448,756.88 CNY in the same period last year[35]. - The net cash flow from investing activities was -28,899,443.65 CNY, compared to -72,403,053.01 CNY in Q3 2022, indicating a reduced cash outflow[35]. - The net cash flow from financing activities was -198,974,137.16 CNY, a significant decline from a positive cash flow of 89,718,868.52 CNY in the same quarter last year[36]. - The ending balance of cash and cash equivalents was 213,771,311.40 CNY, compared to 169,450,187.02 CNY at the end of Q3 2022, reflecting a year-over-year increase of 26.2%[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 41,687, with no preferred shareholders[15]. - The largest shareholder, Li Qi, holds 14.06% of the shares, amounting to 43,386,102 shares[16]. - The company distributed cash dividends amounting to CNY 41.18 million, an increase of 499.47% compared to CNY 6.87 million in the previous year[14]. - The company plans to issue shares to specific investors at a price of RMB 8.18 per share, aiming to raise up to RMB 400 million[22]. - The total number of shares to be issued in the private placement is not to exceed 48,899,755 shares[22]. - The company has canceled a total of 1,844,224 shares from its 2022 restricted stock incentive plan due to unmet performance conditions[25]. - The company’s major shareholders include Li Qi with 10,846,526 shares and Zhou Limin with 3,706,200 shares, among others[20]. - The company has a repurchase account holding 3,371,560 shares, accounting for 1.09% of the total share capital[20]. - The company received approval from the Shenzhen Stock Exchange for its stock issuance plan, confirming compliance with issuance and listing conditions[23]. - The company’s first quarter of the 2022 restricted stock incentive plan has not met the performance targets, leading to the cancellation of unvested shares[25]. Operational Changes - The company reported a significant decrease in monetary funds by 52.90% due to the repayment of loans during the reporting period[12]. - The company experienced a 74.86% decrease in notes receivable, primarily due to the settlement of overdue notes[12]. - The company’s prepayments increased by 159.40%, indicating a rise in procurement payments during the reporting period[12]. - The company is in the development stage of energy storage projects, which has impacted its development expenditures[12]. - R&D expenses dropped by 97.63% to CNY 672,004.20 from CNY 28.30 million in the previous year, reflecting the impact of the consolidation change[13]. - The company reported a significant reduction in research and development expenses, which fell to CNY 22,022,825.99 from CNY 77,189,694.85, a decrease of about 71.5%[31]. Audit and Compliance - The third quarter report was not audited, indicating that the figures may be subject to change upon final review[37].