HQHB(SZ:300929)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 84,360,913.87, representing a 15.38% increase compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was CNY 2,868,981.81, a significant increase of 73.75% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -3,368,943.53, a decrease of 447.07% compared to the same period last year[5]. - Total operating revenue for Q3 2023 was CNY 278,572,783.66, a decrease of 13.3% compared to CNY 321,398,143.61 in Q3 2022[20]. - Net profit for Q3 2023 was CNY 16,657,209.74, a decline of 59.7% from CNY 41,297,866.00 in Q3 2022[21]. - Total comprehensive income for the third quarter was CNY 16,657,209.74, a decrease from CNY 42,102,059.23 in the previous year[22]. - Basic and diluted earnings per share for the quarter were CNY 0.13, down from CNY 0.32 year-over-year[22]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was CNY 23,734,566.56, an increase of 238.88% compared to the previous year[9]. - The company reported a significant increase in cash flow from operating activities, primarily due to a reduction in cash paid for goods and services[9]. - Cash inflow from operating activities totaled CNY 340,417,741.26, while cash outflow was CNY 316,683,174.70, resulting in a net cash inflow[23]. - Cash flow from investment activities showed a net outflow of CNY 88,147,227.50, slightly improved from a net outflow of CNY 90,415,722.71 in the previous year[23]. - Cash flow from financing activities resulted in a net outflow of CNY 50,823,665.20, compared to a net outflow of CNY 39,437,214.41 last year[23]. - The ending balance of cash and cash equivalents was CNY 53,012,676.09, down from CNY 72,359,830.97 at the end of the previous year[23]. - The company's cash and cash equivalents decreased to CNY 60,050,138.89 from CNY 103,189,624.20 in the previous quarter, indicating a liquidity contraction[20]. Assets and Liabilities - Total assets at the end of Q3 2023 were CNY 1,806,273,200.48, a decrease of 0.96% from the end of the previous year[5]. - The company's total assets as of Q3 2023 amounted to CNY 1,806,273,200.48, slightly down from CNY 1,823,789,254.21 at the end of Q2 2023[18]. - Non-current liabilities totaled CNY 462,984,344.37, an increase from CNY 449,798,448.23 in the previous quarter[20]. - As of September 30, 2023, the company's total current assets decreased to ¥733,947,713.76 from ¥836,953,935.03 at the beginning of the year, representing a decline of approximately 12.3%[16]. - The company's total equity attributable to shareholders increased by 1.39% to CNY 854,333,553.74 compared to the end of the previous year[5]. - The total equity attributable to shareholders of the parent company was CNY 854,333,553.74, up from CNY 842,647,726.42 in the previous quarter[18]. Research and Development - Research and development expenses for the year-to-date were CNY 6,407,597.80, a decrease of 34.78% compared to the same period last year[9]. - Research and development expenses for Q3 2023 were CNY 6,407,597.80, down 34.5% from CNY 9,824,532.70 in Q3 2022[20]. Shareholder Information - The top shareholder, Ma'anshan An Gong Da Asset Management Co., Ltd., holds 14.10% of the shares, totaling 18,632,328 shares[12]. - The company has no preferred shareholders as per the report[13]. Other Information - The company announced the resignation of its Vice General Manager and Board Secretary, which will not affect normal operations[14]. - The company has not disclosed any new product or technology developments in this report[14]. - The company has not undergone an audit for the third quarter report[24]. - The company experienced a 249.57% increase in credit impairment losses, attributed to the aging of accounts receivable[9]. - The company experienced a credit impairment loss of CNY -9,181,938.34, compared to CNY -2,626,657.90 in Q3 2022, indicating worsening credit conditions[21]. - The company received CNY 20,690,484.86 in tax refunds, down from CNY 22,511,621.69 year-over-year[23].