Haibo(SZ:300517)2022-10-24 16:00Financial Performance - The company's revenue for Q3 2022 was ¥154,458,722.78, a decrease of 11.03% compared to the same period last year, and a year-to-date revenue of ¥409,659,656.88, down 51.87% year-on-year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥8,879,088.08, an increase of 22.92% year-on-year, while year-to-date net profit was ¥43,130,961.64, a decrease of 46.37%[4]. - The basic earnings per share for Q3 2022 was ¥0.045, up 20.39% year-on-year, while the diluted earnings per share was also ¥0.045, reflecting the same percentage increase[4]. - The total profit for Q3 2022 was ¥50,758,961.75, down from ¥82,476,692.76 in Q3 2021, marking a decline of 38.5%[37]. - Operating profit for Q3 2022 was ¥52,097,255.85, compared to ¥83,329,049.80 in Q3 2021, reflecting a decline of 37.4%[37]. - The company's total revenue from sales of goods and services in Q3 2022 was ¥440,709,536.55, compared to ¥477,640,779.28 in Q3 2021, representing a decrease of 7.7%[39]. - The net profit attributable to the parent company's shareholders for Q3 2022 was ¥43,130,961.64, a decrease of 40.4% compared to ¥72,229,920.10 in Q3 2021[38]. - Total operating costs for Q3 2022 were ¥369,207,954.28, down from ¥731,446,784.27 in the same period last year[37]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥25,427,924.69, representing a significant increase of 121.30% compared to the previous year[10]. - The company reported a net cash flow from operating activities of ¥25,427,924.69 for Q3 2022, a significant improvement from a net outflow of ¥119,401,949.52 in Q3 2021[40]. - Cash and cash equivalents decreased from CNY 210,616,640.82 to CNY 121,991,372.28, reflecting a liquidity contraction[34]. - The cash and cash equivalents at the end of Q3 2022 were ¥64,766,127.71, a decrease from ¥140,281,510.90 at the end of Q3 2021[41]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,795,967,502.02, a decrease of 5.25% from the previous year-end[5]. - The total liabilities decreased from CNY 972,986,215.73 to CNY 782,543,942.71, indicating a reduction in financial obligations[35]. - The company has a total equity of CNY 1,013,423,559.31, up from CNY 922,405,895.18, showing an increase in shareholder value[35]. - The company's cash and cash equivalents decreased by 42.08% to ¥121,991,372.28, primarily due to increased payments for maturing bills during the reporting period[9]. Legal Matters - The company is pursuing a lawsuit against Jiangsu Jialong Engineering Construction Co., demanding RMB 13,101,685.37 in unpaid project fees and a penalty of RMB 41,265,988.74 for overdue payments[16]. - A court ruling requires Chengdu Road and Bridge Engineering Co. to pay RMB 1,258,594.71 in project fees and overdue interest to the company[17]. - The company has initiated legal actions to recover a total of RMB 6,465,610.76 in project fees from Chengdu Road and Bridge Engineering Co. due to unpaid debts and claims[17]. - The company is involved in multiple legal disputes regarding unpaid project fees, indicating potential cash flow challenges[15][16][17]. - The company has filed a lawsuit against China Water Resources and Hydropower Eighth Engineering Bureau for overdue project payments amounting to CNY 9,812,153.00, with a court ruling requiring the defendant to pay CNY 4,247,833.4 plus interest[18]. - The company is involved in a legal dispute regarding the Yingshan to Dazhou Expressway project, with a claim for CNY 798,272.11 against two defendants, and the case has been transferred to a different court for jurisdiction[19]. - The company has initiated arbitration against China Railway Fifth Bureau Group for overdue payments of CNY 53,729,620.25, with a counterclaim for a penalty of CNY 5,736,745 due to project delays[21]. - The company has filed a lawsuit against China Metallurgical South City Construction Engineering Technology Co., Ltd. for overdue payments totaling CNY 40,607,518.86 related to multiple projects, with the case still pending[22]. - The company is pursuing legal action against China Communications Guangzhou Navigation Bureau for overdue payments of CNY 27,587,770.07 for the Huzhou Inner Ring Road project, with the case still pending[24]. - The company has filed a lawsuit against Chengdu Huachuan Highway Construction Group for overdue payments of CNY 19,345,306.17 related to the Yingshan to Dazhou Expressway project, with the case still pending[25]. - The company is seeking CNY 52,490,269.29 from Chengdu Huachuan Highway Construction Group for overdue payments related to the Taihang Mountain Expressway project, with the case still pending[27]. - The company has initiated arbitration against China Railway Tenth Bureau Group for remaining project payments of CNY 30,499,832.05, with the case still pending[27]. - The company signed a contract with Beijing Urban Construction Road and Bridge Group for the processing, transportation, and installation of steel box beams, with a claim for overdue payment of CNY 5,145,280.52, which is currently under legal proceedings[28]. - A settlement was reached with Henan Wujian Construction Group for overdue payments totaling CNY 5,949,776.15, with the first installment of CNY 2,551,784 already paid[29]. - The company is claiming CNY 9,515,330 for material adjustments and additional costs from Hubei Yangtze River Road and Bridge Co., with ongoing litigation regarding a counterclaim for CNY 46,165,732.8[30]. - A claim for CNY 11,233,061 against Chengdu Huachuan Highway Construction Group is pending arbitration due to delayed payments[31]. Shareholder Information - The company has a total of 25,456,500 shares held by its major shareholder Zhang Haibo, representing a significant portion of ownership[13]. - The company has a diverse shareholder base, with the top ten shareholders holding a combined significant percentage of shares[13].