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 major omissions, and bear individual and joint legal responsibilities.
- 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.
- Is the quarterly report audited? □ Yes ☒ No
I. Main Financial Data
(1) Main Accounting Data and Financial Indicators
Does the company need to retrospectively adjust or restate previous years' accounting data? □ Yes ☒ No
| Item | Current Period | Same Period Last Year | Change (%) |
|---|---|---|---|
| Operating Revenue (¥) | 515,094.33 | 1,837,661.42 | -71.97% |
| Net Profit Attributable to Shareholders (¥) | -84,564,409.42 | -111,556,433.42 | 24.20% |
| Net Profit Attributable to Shareholders Excluding Non-Recurring Gains and Losses (¥) | -61,028,247.73 | -107,997,815.38 | 43.49% |
| Net Cash Flow from Operating Activities (¥) | -13,044,629.71 | 18,926,869.24 | -168.92% |
| Basic Earnings per Share (¥/share) | -0.10 | -0.1300 | 23.08% |
| Diluted Earnings per Share (¥/share) | -0.10 | -0.1300 | 23.08% |
| Weighted Average Return on Equity | 4.52% | 13.08% | -8.56% |
(2) Non-Recurring Gains and Losses Items and Amounts
☒ Applicable □ Not Applicable
| Item | Amount for Current Period (¥) | Description |
|---|---|---|
| Gain or loss from disposal of non-current assets (including reversal of impairment provisions) | 0.00 | |
| Tax refunds or reductions without formal approval documents | 0.00 | |
| Government subsidies included in current profit and loss | 0.00 | |
| Other non-operating income and expenses | -23,562,971.28 | Mainly due to penalties and late fees accrued by subsidiaries; |
| Investment income from disposal of long-term equity investments | 23,967.40 | Mainly from the disposal of partial subsidiary equity; |
| Total | -23,536,161.69 |
(3) Changes and Reasons for Main Accounting Data and Financial Indicators
☒ Applicable □ Not Applicable
(1) Assets and Liabilities
- At the end of the reporting period, held-for-sale assets decreased by ¥64,728,928.83 compared to the end of the previous year, a decrease of 100%, as the held-for-sale asset group was disposed of during the reporting period.
- At the end of the reporting period, advance receipts increased by ¥1,121,500.00 compared to the end of the previous year, an increase of 44.33%, mainly due to increased advance payments from the disposal of subsidiary equity and fixed assets.
- At the end of the reporting period, long-term prepaid expenses decreased by ¥3,600.00 compared to the end of the previous year, a decrease of 60%, due to expense amortization during the reporting period.
- At the end of the reporting period, liabilities held for sale decreased by ¥1,483,731.99 compared to the end of the previous year, a decrease of 100%, as the held-for-sale liability group was disposed of during the reporting period.
(2) Profit and Loss
- During the reporting period, the group achieved operating revenue of ¥515,094.33, a decrease of 71.97% compared to the same period last year, mainly due to reduced rental income from disposed debt assets.
- During the reporting period, the group’s operating costs were ¥47,700,044.02, a decrease of 42.39% compared to the same period last year, mainly due to reduced project funding costs as some projects ended at the beginning of the reporting period.
- During the reporting period, taxes and surcharges decreased by ¥117,900.00, a decrease of 98.39%, mainly due to a reduced scope of consolidation.