Important Content Reminder
- The Board of Directors, Supervisory Board, and all directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or significant omissions, and bear individual and joint legal responsibility.
- The person in charge of the company, the person in charge of accounting work, and the head of the accounting institution (accounting supervisor) declare: guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report.
- Was the quarterly report audited? □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to restate or adjust previous years' accounting data? □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (CNY) | 238,673,138.06 | 281,209,443.53 | -15.13% |
| Net Profit Attributable to Shareholders of the Listed Company (CNY) | 10,612,714.82 | 10,567,018.34 | 0.43% |
| Net Profit Attributable to Shareholders of the Listed Company Excluding Non-Recurring Gains and Losses (CNY) | 9,221,097.85 | 10,650,344.95 | -13.42% |
| Net Cash Flow from Operating Activities (CNY) | -3,817,886.27 | -11,888,631.35 | 67.89% |
| Basic Earnings per Share (CNY/share) | 0.08 | 0.08 | 0.00% |
| Diluted Earnings per Share (CNY/share) | 0.08 | 0.08 | 0.00% |
| Weighted Average Return on Net Assets | 1.51% | 1.43% | 0.08% |
(2) Non-Recurring Gains and Losses Items and Amounts
☒ Applicable □ Not Applicable
| Item | Amount for Current Period (CNY) | Description |
|---|---|---|
| Loss from Disposal of Non-Current Assets (including reversal of impairment provision) | -332.22 | Loss from disposal of fixed assets. |
| Government Subsidies Included in Current Profit and Loss | 1,220,685.00 | Government subsidies received this period. |
| Other Non-Operating Income and Expenses | 46,042.14 | Compensation received and late fees paid. |
| Other Gains and Losses Meeting Non-Recurring Definition | 200,718.57 | VAT deductions and personal income tax refunds. |
| Less: Income Tax Impact | 75,496.52 | |
| Total | 1,391,616.97 |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
☒ Applicable □ Not Applicable
| Item | Ending Balance | Beginning Balance | Change Amount | Change Ratio (%) | Main Reasons for Change |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | 190,917,733.34 | 317,809,328.46 | -126,891,595.12 | -39.93% | Payment of transportation and handling fees, engineering and equipment payments, etc. |
| Notes Receivable | 4,921,913.50 | 12,446,805.18 | -7,524,891.68 | -60.46% | Decrease in outstanding bank acceptance bills at period-end. |
| Accounts Receivable | 134,315,570.43 | 81,229,973.14 | 53,085,597.29 | 65.35% | Slow collection of payments. |
| Inventory | 18,928,047.15 | 34,349,721.07 | -15,421,673.92 | -44.90% | Decrease in orders on hand at period-end. |
| Investment Properties | 115,227,162.89 | 115,227,162.89 | 100.00% | Project reached predetermined usable status. | |
| Construction in Progress | 85,443,163.52 | 197,552,108.38 | -112,108,944.86 | -56.75% | Investment properties reached predetermined usable status. |
| Notes Payable | 76,156.80 | -76,156.80 | -100.00% | Notes matured and terminated at period-end. | |
| Accounts Payable | 39,175,880.48 | 97,214,438.86 | -58,038,558.38 | -59.70% | Decrease in transportation and handling fees, engineering and equipment payments, etc. |
| Employee Compensation Payable | 5,526,206.28 | 8,855,032.97 | -3,328,826.69 | -37.59% | Payment of last year's year-end bonuses. |
| Long-term Loans | 116,524,509.72 | 83,308,237.95 | 33,216,271.77 | 39.87% | Increase in long-term asset loans. |