DYEC(SH:600403)2024-05-27 09:22Financial Performance - The company's operating revenue for the current reporting period is CNY 1,202,895,577.59, a decrease of 51.95% compared to the same period last year[31]. - The net profit attributable to shareholders of the listed company is CNY 199,037,980.91, reflecting a decline of 103.94% year-on-year[31]. - The net profit attributable to shareholders of the listed company, excluding non-recurring gains and losses, decreased by 152.67% in the current period[31]. - The total profit of CNY 198,123,040.38 for the current period, compared to a profit of CNY 1,794,675,465.76 in the previous year[24]. - The company reported a net profit of CNY 199,037,980.91 attributable to shareholders for the first three quarters of 2023, significantly lower than CNY 1,370,741,455.99 in the same period last year, representing an 85.48% decrease[45]. - Basic and diluted earnings per share for the first three quarters of 2023 were both CNY 0.08, down from CNY 0.57 in 2022[45]. Assets and Liabilities - Total assets decreased by 2.97% to CNY 21,634,831,337.03 compared to the beginning of the year[6]. - Total liabilities amount to CNY 13,616,861,536.65, a slight decrease from CNY 13,642,515,393.03 in the previous year[21]. - The total equity attributable to shareholders of the parent company is CNY 7,225,707,227.60, down from CNY 7,954,191,947.23 year-on-year[21]. - The expected liabilities decreased to CNY 1,106,563,561.99 from CNY 1,183,170,594.55 year-on-year[21]. - Total assets as of the end of the third quarter of 2023 were CNY 21,634,831,337.03, a decrease from CNY 22,297,722,547.62 at the end of the previous year[41]. - Total non-current assets increased to CNY 15,199,862,056.49 from CNY 14,703,478,963.48, marking a growth of 3.38%[41]. - Short-term borrowings rose to CNY 5,068,683,428.08, an increase of 7.53% from CNY 4,713,631,628.08 in the previous year[41]. Cash Flow - Cash and cash equivalents decreased to CNY 4,957,805,111.85 from CNY 5,511,677,601.45 at the end of 2022, a decline of 10%[19]. - Net cash flow from operating activities for the year-to-date is CNY 986,531,575.59, down 60.70% compared to the same period last year[31]. - Net cash flow from operating activities for the first three quarters of 2023 was CNY 986,531,575.59, a decline of 60.69% compared to CNY 2,510,227,278.21 in 2022[47]. - The company reported a net cash outflow from financing activities of CNY 1,732,414,107.25 for the first three quarters of 2023, compared to a net outflow of CNY 1,387,725,837.05 in the same period last year[47]. - Cash and cash equivalents at the end of the third quarter of 2023 were CNY 3,086,418,095.31, down from CNY 3,883,325,464.84 in 2022, indicating a decrease of 20.52%[47]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 27,585[13]. - The largest shareholder, Yima Coal Industry Group Co., Ltd., holds 61.81% of the shares, with 738,519,900 shares pledged[13]. Operational Insights - The company is focusing on improving cash flow management in response to the declining revenue trends observed in the first three quarters of 2023[52]. - The company plans to explore new market opportunities and enhance operational efficiency to counteract the revenue decline[52]. - The management is committed to ongoing assessments of cost structures to improve profitability in the upcoming quarters[52]. Inventory and Receivables - Accounts receivable increased to CNY 789,232,106.58 from CNY 774,068,022.33, reflecting a growth of 1.95%[19]. - Inventory increased to CNY 236,521,258.75 from CNY 199,714,192.11, representing an increase of 18.43%[19]. Non-Operating Income - Non-operating income for the reporting period was CNY 260,319,854.21, slightly down from CNY 261,694,008.07 in the previous period[6]. - The company reported a non-recurring gain of CNY 333,538.20 for the period[10]. Audit Information - The company did not conduct an audit for the third quarter financial report[8].