SDHP(SH:603021)2024-04-26 12:42Financial Performance - The company's operating revenue for Q3 2023 was ¥129,226,643.84, a decrease of 42.79% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was -¥44,906,769.93, representing a 7.95% increase in loss year-over-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥43,759,324.77, an increase in loss of 11.17% compared to the previous year[6]. - The basic earnings per share for Q3 2023 was -¥0.14, an increase in loss of 8.18% year-over-year[6]. - The net profit for Q3 2023 was -158,261,050.34 CNY, compared to -142,897,536.87 CNY in Q3 2022, indicating a decline in profitability[20]. - Operating profit for Q3 2023 was -158,354,558.10 CNY, slightly worse than -155,846,393.60 CNY in the same period last year[20]. - The total comprehensive income for Q3 2023 was -158,261,050.34 CNY, compared to -142,897,536.87 CNY in Q3 2022[20]. Assets and Liabilities - The total assets as of September 30, 2023, were ¥2,010,988,303.99, a decrease of 13.53% from the end of the previous year[7]. - The equity attributable to shareholders decreased by 31.15% to ¥339,905,903.75 compared to the end of the previous year[7]. - Current assets totaled CNY 460.07 million, a decline of 30.9% from CNY 667.09 million in the previous year[15]. - The total liabilities as of September 30, 2023, were CNY 1.68 billion, down from CNY 1.84 billion at the end of 2022, indicating a decrease of 8.5%[16]. - The company's total assets as of September 30, 2023, were CNY 2.01 billion, down from CNY 2.33 billion at the end of 2022, reflecting a decrease of 13.5%[17]. Cash Flow - The cash flow from operating activities for the year-to-date was -¥26,997,791.83, a decrease of 123.06% compared to the same period last year[6]. - Cash flow from operating activities for the first nine months of 2023 was -26,997,791.83 CNY, compared to -12,103,209.80 CNY in the first nine months of 2022, reflecting worsening cash flow conditions[23]. - The company reported a net cash outflow from financing activities of -101,654,698.35 CNY in the first nine months of 2023, compared to -85,649,421.40 CNY in the same period last year[24]. - The cash and cash equivalents at the end of Q3 2023 were 29,859,377.43 CNY, a decrease from 16,638,993.44 CNY at the end of Q3 2022[24]. - The company's cash and cash equivalents were CNY 62.16 million, down from CNY 96.53 million, a decrease of 35.6%[14]. Revenue and Costs - Total operating revenue for the first three quarters of 2023 was CNY 402.51 million, a decrease of 26.4% compared to CNY 547.42 million in the same period of 2022[18]. - Total operating costs for the first three quarters of 2023 were CNY 525.96 million, down 21.4% from CNY 669.43 million in the previous year[18]. - The company reported a decrease in sales revenue from 431,261,863.02 CNY in the first nine months of 2022 to 325,034,210.54 CNY in the same period of 2023[22]. Research and Development - Research and development expenses decreased significantly to CNY 9.18 million in 2023 from CNY 20.51 million in 2022, representing a reduction of 55.3%[18]. - The company has not disclosed any new product developments or market expansion strategies in this report[13]. Inventory and Receivables - Inventory levels decreased to CNY 178.51 million from CNY 261.40 million, a reduction of 31.7%[15]. - The company reported a significant increase in accounts receivable, which rose to CNY 130.90 million from CNY 137.45 million, reflecting a slight increase of 4.0%[14]. Asset Impairment - The company experienced a significant increase in asset impairment losses, totaling -20,119,080.09 CNY in Q3 2023, compared to -15,537,058.44 CNY in Q3 2022[20].