JSZY(600770)2023-10-27 16:00Revenue and Profit Performance - Revenue for the third quarter was RMB 89.13 million, a decrease of 21.14% year-over-year[6] - Net profit attributable to shareholders of the listed company was RMB -37.14 million for the third quarter[6] - Total operating revenue for the first three quarters of 2023 was RMB 272.78 million, a decrease of 10.0% compared to RMB 303.16 million in the same period last year[18] - Net profit for the first three quarters of 2023 was a loss of RMB 140.23 million, an improvement from a loss of RMB 417.39 million in the same period last year[19] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 5.36 billion, a decrease of 2.08% compared to the end of the previous year[7] - Equity attributable to shareholders of the listed company was RMB 3.31 billion, a decrease of 2.10% compared to the end of the previous year[7] - Total assets decreased to RMB 53.63 billion as of September 30, 2023, compared to RMB 54.77 billion at the end of 2022[15][17] - Current assets decreased to RMB 17.43 billion as of September 30, 2023, from RMB 19.78 billion at the end of 2022[15] - Non-current assets increased to RMB 36.20 billion as of September 30, 2023, compared to RMB 34.99 billion at the end of 2022[15] - Total liabilities decreased to RMB 8.20 billion as of September 30, 2023, from RMB 8.32 billion at the end of 2022[16][17] - Shareholders' equity decreased to RMB 45.43 billion as of September 30, 2023, compared to RMB 46.45 billion at the end of 2022[17] Cash Flow - Operating cash flow for the first nine months of 2023 was RMB 48.51 million, a decrease of 4.38% year-over-year[6] - Cash flow from operating activities for the first three quarters of 2023 was RMB 48.51 million, a slight decrease of 4.4% compared to RMB 50.73 million in the same period last year[23] - Cash received from selling goods and providing services for the first three quarters of 2023 was RMB 270.88 million, down 5.2% from RMB 285.69 million in the same period last year[23] - Cash paid for goods and services for the first three quarters of 2023 was RMB 136.54 million, a decrease of 22.3% compared to RMB 175.75 million in the same period last year[23] - Cash flow from investment activities for the first three quarters of 2023 was RMB 425.55 million, an increase of 24.3% compared to RMB 342.36 million in the same period last year[23] - Investment activities cash outflow totaled 524,748,791.99, a slight decrease from 525,593,144.54 in the previous period[24] - Net cash flow from investment activities was -99,198,308.87, improving from -183,234,416.20[24] - Cash inflow from financing activities was 185,000,000.00, down from 241,000,000.00[24] - Cash outflow for debt repayment was 159,550,000.00, compared to 199,150,000.00 previously[24] - Net cash flow from financing activities was 7,454,968.94, significantly higher than 1,047,074.01[24] - Exchange rate impact on cash and equivalents was 5,909,900.43, reduced from 9,723,077.11[24] - Net increase in cash and cash equivalents was -37,325,864.64, an improvement from -121,732,892.23[24] - Ending cash and cash equivalents balance was 966,966,578.15, down from 1,004,292,442.79 at the beginning of the period[24] Shareholder Information - The company's largest shareholder, Nantong Zongyi Investment Co., Ltd., holds 19.92% of the shares[11] - The second-largest shareholder, Zai Shengda, holds 18.45% of the shares[11] - The company's total number of ordinary shareholders at the end of the reporting period was 55,081[11] Financial Metrics - The weighted average return on equity (ROE) for the first nine months of 2023 was -3.27%, an increase of 6.12 percentage points year-over-year[7] - Non-recurring losses for the third quarter amounted to RMB 27.65 million, primarily due to fair value changes in financial assets[9] - Interest income for the third quarter of 2023 was RMB 8.74 million, an increase of 49.0% compared to RMB 5.86 million in the same period last year[19] - Investment income for the third quarter of 2023 was RMB 9.65 million, a significant improvement from a loss of RMB 23.59 million in the same period last year[19] Asset Composition - Monetary funds decreased to RMB 966.97 million as of September 30, 2023, from RMB 1.00 billion at the end of 2022[14] - Trade receivables increased to RMB 163.68 million as of September 30, 2023, compared to RMB 144.20 million at the end of 2022[15] - Inventory decreased to RMB 50.07 million as of September 30, 2023, from RMB 70.12 million at the end of 2022[15] - Long-term equity investments decreased to RMB 203.41 million as of September 30, 2023, compared to RMB 212.49 million at the end of 2022[15] - Fixed assets decreased to RMB 922.63 million as of September 30, 2023, from RMB 970.33 million at the end of 2022[15] Operating Costs - Operating costs for the first three quarters of 2023 were RMB 165.58 million, down 4.3% from RMB 172.97 million in the same period last year[18]