TTC(SH:600326)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 1,037,025,515.29, representing a year-on-year increase of 27.93%[5]. - The net profit attributable to shareholders for Q3 2023 was a loss of CNY 33,910,349.44, with a year-to-date loss of CNY 269,254,960.41, indicating a significant decline compared to the previous year[5][10]. - The basic earnings per share for Q3 2023 was CNY 0.0307, while the year-to-date figure was CNY -0.2249, reflecting a substantial decrease[6]. - The construction segment's revenue decreased by CNY 36,690,000 due to project delays, significantly impacting overall revenue[7]. - The building materials segment saw an increase in revenue of CNY 431,627,080.92, attributed to the recovery of market conditions since March 2023[8]. - The company reported a net cash flow from operating activities of CNY -161,188,930.90 for Q3 2023, indicating cash flow challenges[5]. - The company reported a net profit attributable to the parent company for Q3 2023 was -269,254,960.41 RMB, compared to -234,632,101.12 RMB in Q3 2022, indicating a worsening performance year-over-year[31]. - The total comprehensive income attributable to the parent company for Q3 2023 was -210,936,651.25 RMB, compared to -157,877,711.02 RMB in the same period last year[31]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 13,258,608,870.56, down 3.26% from the end of the previous year[6]. - The company's current assets totaled CNY 7,240,950,385.73, down from CNY 7,785,271,047.61, indicating a decrease of about 7.0%[25]. - Cash and cash equivalents decreased to CNY 2,441,990,446.27 from CNY 2,908,250,904.27, representing a decline of approximately 16.0%[23]. - The total liabilities decreased to ¥7,514,415,416.28 in Q3 2023 from ¥7,766,000,518.62 in Q3 2022, showing a decline of approximately 3.2%[27]. - The total equity of the company as of Q3 2023 was ¥5,744,193,454.28, down from ¥5,939,392,990.03 in Q3 2022, a decrease of about 3.3%[27]. Cash Flow - The company reported a net cash flow from operating activities for the first three quarters of 2023 was 88,421,857.47 RMB, a significant improvement from -139,484,248.06 RMB in the same period of 2022[34]. - The net cash flow from financing activities for Q3 2023 was -394,877,205.08 RMB, compared to -161,664,842.02 RMB in Q3 2022, indicating increased cash outflows[35]. - The cash flow from operating activities for the first three quarters of 2023 was ¥420,083,961.28, a decline from ¥930,815,667.84 in the same period of 2022[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 69,291, with no preferred shareholders recovering voting rights[19]. - The largest shareholder, Tibet Construction Materials Group Co., Ltd., holds 255,060,770 shares, accounting for 21.30% of the total shares[19]. Investment and Expenses - Investment income increased by 132.56%, primarily due to dividends from other listed companies and increased equity method income from affiliated enterprises[17]. - Research and development expenses for the third quarter of 2023 were ¥61,741,722.02, down from ¥70,962,624.42 in the same period last year, indicating a decrease of approximately 12.4%[30]. - The company reported a significant increase in inventory, which rose to ¥13,781,418.95 from ¥8,173,400.34, marking an increase of approximately 68.5%[39]. Environmental and Operational Management - The company has completed ecological restoration measures for its subsidiary, addressing environmental issues and ensuring compliance with production capacity limits[22]. - The company is actively managing its production capacity, maintaining a regulated output of 600,000 tons per year for clinker production[22]. - The company has implemented measures to control pollution and energy consumption, ensuring adherence to environmental standards[22].