NEWU(300472)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥81,673,120.53, a decrease of 9.29% compared to the same period last year, and a significant decline of 55.71% year-to-date, totaling ¥203,990,233.02[5] - The net profit attributable to shareholders for Q3 2023 was -¥23,243,808.99, representing a drastic decline of 392.09% year-on-year, with a year-to-date net profit of -¥90,047,961.88, down 351.77%[5] - The basic and diluted earnings per share for Q3 2023 were both -¥0.0855, reflecting a decrease of 327.50% compared to the same period last year[5] - The company reported a net loss of -¥101,361,600.39 for Q3 2023, a decline of 443.91% compared to a profit of ¥29,473,077.85 in the same period last year[9] - Total operating revenue for Q3 2023 was CNY 203,990,233.02, a decrease of 55.7% compared to CNY 460,543,327.33 in the same period last year[19] - Net loss attributable to shareholders for Q3 2023 was CNY 90,047,961.88, compared to a profit of CNY 35,766,075.61 in Q3 2022[20] - The total comprehensive income for the third quarter was -101,361,600.39 CNY, compared to 29,473,077.85 CNY in the previous year[21] - Basic and diluted earnings per share were both -0.33 CNY, down from 0.13 CNY in the same period last year[21] Assets and Liabilities - The total assets at the end of Q3 2023 were ¥1,722,134,625.36, a decrease of 1.39% from the end of the previous year[5] - The company's total assets as of the end of Q3 2023 were CNY 1,722,134,625.36, a slight decrease from CNY 1,746,403,473.93 at the end of the previous quarter[18] - Total liabilities increased to CNY 1,016,167,085.56 in Q3 2023, up from CNY 950,371,203.59 in the previous quarter[18] - The total equity attributable to shareholders decreased to CNY 733,882,269.64 from CNY 813,091,597.80 in the previous quarter[18] Cash Flow - Cash flow from operating activities for Q3 2023 was -¥108,828,498.12, a decline of 259.34% compared to the same period last year[9] - Cash inflow from operating activities totaled 263,203,135.02 CNY, down 32.5% from 390,205,072.77 CNY year-over-year[22] - Cash outflow from operating activities was 372,031,633.14 CNY, a decrease of 11.5% from 420,490,802.58 CNY in the previous year[22] - Cash flow from investing activities resulted in a net outflow of -2,587,489.84 CNY, compared to -53,683,375.15 CNY in the previous year[23] - Cash flow from financing activities generated a net inflow of 74,311,820.57 CNY, an increase from 49,857,890.85 CNY year-over-year[23] - The ending balance of cash and cash equivalents was 11,793,192.80 CNY, down from 21,823,359.69 CNY in the previous year[23] Shareholder Information - Total number of common stock shareholders at the end of the reporting period is 21,026[11] - The largest shareholder, Jiangxi Guolian Dacheng Industrial Co., Ltd., holds 8.36% of shares, totaling 23,008,820 shares, with 21,450,873 shares pledged[11] - The second-largest shareholder, Zhu Yesheng, holds 6.50% of shares, totaling 17,880,043 shares, with 6,920,000 shares pledged[11] - The total number of shares held by the top ten shareholders includes significant pledges, indicating potential liquidity risks[11] - The company is actively managing its shareholder structure, with specific actions taken regarding share pledges and restrictions[11] Inventory and Receivables - The company's inventory increased by 34.01% to ¥214,588,581.90, primarily due to an increase in work-in-progress[9] - Accounts receivable decreased from 613,434,259.11 yuan to 563,436,656.57 yuan, reflecting a decline of approximately 8.1%[16] - The company has 8,725,000 restricted shares released under the 2023 equity incentive plan[14] - The company has a total of 77,461,100.98 yuan in other receivables, slightly down from 81,440,728.73 yuan[16] - The company experienced a 230.76% increase in receivables financing, totaling ¥3,230,338.69, attributed to an increase in bank acceptance bills[9] Financial Expenses - The company reported a significant increase in financial expenses, which rose by 311.01% to ¥15,654,855.47 due to increased interest on long-term borrowings[9] - The company reported a significant increase in financial expenses, totaling CNY 15,654,855.47, compared to CNY 3,808,907.83 in the same quarter last year[19] Research and Development - Research and development expenses for Q3 2023 were CNY 40,464,409.26, slightly up from CNY 39,706,527.37 in Q3 2022[19] Audit and Reporting - The company did not undergo an audit for the third quarter report[24] - The report was released on October 27, 2023[24]