Financial Performance - The company's revenue for Q3 2023 was ¥63,792,697.16, a decrease of 5.49% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥14,921,469.55, representing a 60.37% increase in losses year-over-year[5]. - The basic earnings per share for Q3 2023 was -¥0.23, a decline of 60.34% compared to the previous year[5]. - Total operating revenue for Q3 2023 was CNY 213,376,290.12, a decrease of 6.4% compared to CNY 227,320,514.58 in Q3 2022[28]. - Net profit for Q3 2023 was CNY -35,664,225.31, an improvement from CNY -91,924,095.84 in Q3 2022, indicating a reduction in losses[29]. - Basic and diluted earnings per share improved to CNY -0.55 from CNY -1.42 year-over-year[30]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥962,335,451.67, down 7.07% from the end of the previous year[5]. - The company's total liabilities decreased to CNY 150,833,466.69 from CNY 188,768,563.23 year-over-year, reflecting a reduction in financial obligations[30]. - The company's total equity attributable to shareholders decreased by 4.16% to ¥811,362,742.81 compared to the previous year[5]. - The company's total liabilities decreased to CNY 761,834,876.25 from CNY 886,601,770.63, reflecting a decline of about 14.1%[25]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥417,288.45, a significant increase in outflow of 99.52% year-to-date[5]. - Cash received from operating activities decreased by 55.80% to 6,447,431.60 yuan, mainly due to fewer recoveries of external unit deposits[15]. - The net cash flow from operating activities for Q3 2023 was -417,288.45, compared to -86,802,881.58 in Q3 2022, indicating a significant improvement[33]. - Total cash inflow from investment activities was 350,715,040.51, down from 687,118,058.34 in the same quarter last year[33]. - Cash paid to employees decreased by 33.92% to 179,553,706.40 yuan, reflecting a reduction in labor costs due to personnel optimization[15]. Investments and Expenses - The company reported a 36.87% decrease in trading financial assets, totaling ¥255,342,310.90, due to reduced investment activities[12]. - Research and development expenses were CNY 25,875,885.08, a decrease of 5.7% compared to CNY 27,435,069.96 in Q3 2022[29]. - Financial expenses decreased by 121.50% to -418,343.29 yuan due to reduced interest expenses on lease liabilities and increased interest income[14]. - Fair value changes resulted in a loss of 835,983.71 yuan, an 86.70% decrease, primarily due to the redemption of financial products[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,542, with the top ten shareholders holding 40.35% of shares[16]. - The largest shareholder, Shanshui Bide Group, holds 40.35% of shares, followed by Sun Hu with 21.04%[16]. Corporate Actions - The company has completed the planned reduction of 100,000 shares by supervisor Mei Weiping, which represents 0.1547% of the total share capital[21]. - The company has postponed the expected completion date for several fundraising projects from August 31, 2023, to August 31, 2025, without changing the project scope or funding[22]. - The company has successfully changed its business scope and updated its articles of association, completing the necessary registration with the local market supervision authority[23].
山水比德(300844) - 2023 Q3 - 季度财报