FII(SH:601138)2023-10-30 16:00Financial Performance - In Q3 2023, the company's operating revenue was CNY 122,041,887, a decrease of 10.15% compared to the same period last year[3]. - The net profit attributable to shareholders was CNY 6,323,683, representing a year-on-year increase of 28.42%[3]. - The basic earnings per share for the quarter was CNY 0.32, up 33.33% year-on-year[4]. - Total operating revenue for the first three quarters of 2023 was CNY 328,818,385, a decrease of 8.9% compared to CNY 361,084,106 in the same period of 2022[17]. - Net profit for Q3 2023 reached CNY 13,495,792, an increase of 14.3% from CNY 11,807,152 in Q3 2022[18]. - Earnings per share for Q3 2023 was CNY 0.68, compared to CNY 0.59 in Q3 2022, reflecting a 15.3% increase[19]. - The company’s total comprehensive income for Q3 2023 was CNY 14,090,801, an increase from CNY 12,462,505 in Q3 2022[19]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 272,344,998, a decrease of 4.17% from the end of the previous year[4]. - As of September 30, 2023, the company's total assets amounted to RMB 272,344,998 thousand, a decrease from RMB 284,187,662 thousand as of December 31, 2022, representing a decline of approximately 4.4%[13]. - The total liabilities and shareholders' equity amounted to RMB 139,095,032 thousand, down from RMB 154,854,156 thousand, a decrease of about 10.1%[15]. - The company's non-current assets totaled RMB 32,104,603 thousand, down from RMB 35,247,804 thousand, representing a decline of approximately 9.1%[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 32,122,160, with significant cash inflow from sales and reduced cash outflow for purchases[4][8]. - Cash inflow from operating activities totaled $366,251,427, a slight increase from $363,555,842 in the previous year, resulting in a net cash flow of $32,122,160 compared to a negative $1,914,758 last year[21]. - Cash outflow from investing activities was $7,844,870, significantly lower than $15,035,519 in the previous year, leading to a net cash flow of -$1,161,869 compared to -$12,498,528 last year[22]. - Cash inflow from financing activities amounted to $135,622,350, up from $84,386,286 in the previous year, while cash outflow was $156,846,609, compared to $81,824,179 last year, resulting in a net cash flow of -$21,224,259[22]. - The company reported a net increase in cash and cash equivalents of $10,531,988, contrasting with a decrease of $9,908,655 in the previous year[22]. - Total cash and cash equivalents at the end of the period reached $79,698,490, compared to $71,162,482 at the end of the previous year[22]. Shareholder Information - The total equity attributable to shareholders at the end of the reporting period was CNY 132,813,376, an increase of 2.98% year-on-year[4]. - The company had 202,276 common shareholders at the end of the reporting period[9]. - China Galaxy Enterprise Limited held 36.71% of the shares, amounting to 7,293,115,611 shares[9]. - The company’s minority shareholders' equity increased to CNY 436,590 from CNY 358,314 year-over-year[16]. Operational Highlights - The company reported non-recurring gains of CNY 117,262 from government subsidies closely related to its normal business operations[5]. - The weighted average return on equity increased by 1.05 percentage points to 4.89% for the quarter[4]. - Research and development expenses for the first three quarters of 2023 were CNY 7,816,606, a decrease of 6.4% from CNY 8,349,221 in the same period of 2022[17]. - The company reported an investment income of CNY -865,068 for the first three quarters of 2023, compared to CNY 48,472 in the previous year[17]. - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[18].