东方园林(002310) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥431.86 million, a decrease of 37.16% compared to the same period last year, and a year-to-date revenue of ¥1.76 billion, down 49.54% year-on-year[3]. - The net profit attributable to shareholders for Q3 2023 was a loss of ¥926.13 million, a decline of 20.51% year-on-year, with a year-to-date loss of ¥1.95 billion, down 19.74% compared to the previous year[3]. - The basic and diluted earnings per share for Q3 2023 were both -¥0.35, reflecting a decrease of 20.69% year-on-year, with a year-to-date figure of -¥0.73, down 19.67%[3]. - Total operating revenue for the third quarter was CNY 1,759,449,759.50, a decrease of 49.5% compared to CNY 3,486,676,539.24 in the same period last year[20]. - Net loss for the third quarter reached CNY 1,984,819,171.23, compared to a net loss of CNY 1,645,599,143.38 in the previous year, reflecting a 20.6% increase in losses[22]. - Basic and diluted earnings per share were both CNY -0.73, compared to CNY -0.61 in the same quarter last year[23]. Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥39.50 billion, a decrease of 3.11% from the end of the previous year[3]. - The company's total assets decreased to CNY 39,502,910,439.16 from CNY 40,772,549,705.46, a decline of 3.1%[19]. - Total liabilities increased to CNY 35,265,404,806.47, up from CNY 34,718,025,220.34, indicating a rise of 1.6%[19]. - The equity attributable to shareholders of the parent company decreased to CNY 2,961,777,357.55 from CNY 4,905,142,170.33, a decline of 39.7%[19]. Cash Flow - Cash flow from operating activities for the year-to-date period was -¥349.30 million, a decline of 106.48% compared to the previous year[3]. - Operating cash inflow for the current period was ¥2,623,943,500.17, a decrease of 44.0% compared to ¥4,710,063,670.81 in the previous period[24]. - Operating cash outflow for the current period was ¥2,973,241,494.73, down 39.0% from ¥4,879,229,796.88 in the previous period[24]. - Net cash flow from operating activities was -¥349,297,994.56, worsening from -¥169,166,126.07 in the previous period[24]. - Net cash flow from financing activities for Q3 2023 was ¥578 million, an increase compared to ¥140 million in the same period last year[11]. - Cash inflow from financing activities totaled ¥8,263,070,270.13, an increase of 48.4% compared to ¥5,573,249,366.83 in the previous period[25]. - Net cash flow from financing activities was ¥578,162,975.32, up from ¥140,158,005.04 in the previous period[25]. Expenses - The company's sales expenses decreased by 40.70% year-on-year, attributed to optimization of the management structure and strict cost control measures[9]. - Total operating costs amounted to CNY 3,135,129,244.66, down 32.7% from CNY 4,656,128,438.32 year-on-year[20]. - Research and development expenses were CNY 74,127,330.70, down 23.5% from CNY 96,889,066.47 year-on-year[20]. - The company reported a significant increase in financial expenses, totaling CNY 659,223,134.19, compared to CNY 651,893,815.35 in the previous year[20]. Asset Management - The company reported a significant increase in asset impairment losses, which rose by ¥22.52 million year-on-year, mainly due to increased impairment provisions for contract assets[9]. - The total current assets decreased to CNY 20.88 billion from CNY 22.42 billion, representing a decline of about 6.9%[17]. - Accounts receivable decreased to CNY 6.67 billion from CNY 7.78 billion, indicating a reduction of approximately 14.3%[17]. - The company's inventory increased to CNY 453.44 million from CNY 425.90 million, showing a growth of about 6.5%[17]. - The total non-current assets decreased slightly to CNY 7.59 billion from CNY 7.88 billion, a decline of approximately 3.7%[17]. - The company's long-term equity investments were valued at CNY 191.84 million, down from CNY 214.69 million, reflecting a decrease of about 10.6%[17]. - The company reported a significant reduction in other receivables, which fell to CNY 471.96 million from CNY 660.43 million, a decrease of approximately 28.6%[17]. Strategic Focus - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided content[15]. - The top ten shareholders include significant stakes held by natural persons and investment management companies, indicating a diverse ownership structure[16].