Financial Performance - The company's revenue for Q3 2023 was ¥57,651,702.86, a decrease of 27.65% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥1,871,467.49, down 65.78% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥927,079.69, a decline of 82.51% compared to the previous year[5]. - The basic earnings per share for Q3 2023 was ¥0.02, down 77.78% year-on-year[5]. - Total revenue for the third quarter was CNY 206,657,670.21, a decrease of 16.2% compared to CNY 246,511,789.99 in the previous year[22]. - The net profit for Q3 2023 was CNY 8,228,659.90, a decrease of 52.1% compared to CNY 17,201,841.17 in Q3 2022[23]. - Total comprehensive income for Q3 2023 was CNY 9,721,112.25, down 56.7% from CNY 22,405,490.93 in the same period last year[24]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.10, compared to CNY 0.27 in Q3 2022, reflecting a decline of 63.0%[24]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥969,492,644.55, representing a decrease of 3.87% from the end of the previous year[5]. - Cash and cash equivalents decreased by 44.64% to ¥348,874,064.70, primarily due to investments in financial products[10]. - Total assets decreased to CNY 969,492,644.55 from CNY 1,008,470,245.09, a decline of 3.9%[21]. - Total liabilities decreased to CNY 47,898,688.59 from CNY 83,093,401.38, a reduction of 42.9%[21]. - The company’s total equity decreased slightly to CNY 921,593,955.96 from CNY 925,376,843.71, a decrease of 0.3%[21]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥41,317,373.96, an improvement of 50.97% compared to the same period last year[11]. - Cash flow from operating activities for Q3 2023 showed a net outflow of CNY 41,317,373.96, an improvement from a net outflow of CNY 84,264,434.45 in Q3 2022[25]. - Cash inflow from investment activities was CNY 1,698,263,984.14, significantly higher than CNY 86,298.49 in the previous year[26]. - Cash outflow from investment activities totaled CNY 1,920,444,517.84, compared to CNY 1,133,739.97 in Q3 2022[26]. - The net cash flow from financing activities was a negative CNY 17,861,538.77, contrasting with a positive CNY 490,424,801.63 in the same quarter last year[26]. - The ending cash and cash equivalents balance for Q3 2023 was CNY 348,874,064.70, down from CNY 594,577,675.92 at the end of Q3 2022[26]. Shareholder Information - The total equity attributable to shareholders was ¥921,593,955.96, a slight decrease of 0.41% from the previous year-end[5]. - The total number of common shareholders at the end of the reporting period is 10,811[13]. - The largest shareholder, Wang Yihua, holds 25.40% of the shares, totaling 21,441,400 shares[13]. - The second-largest shareholder, Xi'an Lelequ Investment Management, holds 6.17% of the shares, totaling 5,208,000 shares[13]. - The company has a total of 64,388,837 shares under lock-up agreements, with 33,888,837 shares released during the period[17]. - The company plans to release 30,500,000 shares from lock-up agreements on September 8, 2023[17]. Other Financial Metrics - The company reported a significant increase in investment income, which rose by 767.43% to ¥6,093,621.14 due to higher returns from financial products[10]. - Research and development expenses were CNY 1,710,458.96, up from CNY 1,575,375.95, indicating an increase of 8.6%[22]. - The company reported a tax expense of CNY 745,446.88 for Q3 2023, a decrease of 68.5% from CNY 2,368,800.21 in Q3 2022[23]. - The company has not undergone an audit for the Q3 2023 report[27].
荣信文化(301231) - 2023 Q3 - 季度财报