Beijing Caishikou Department Store (605599)2023-10-29 16:00Financial Performance - The company's operating revenue for the third quarter reached ¥4,008,919,729.45, representing a 25.45% increase compared to the same period last year[10]. - Net profit attributable to shareholders for the third quarter was ¥179,327,909.83, a 67.64% increase year-on-year[4]. - The basic earnings per share for the third quarter increased to ¥0.23, reflecting a growth of 64.29% compared to the previous year[4]. - The net profit attributable to shareholders for the year-to-date period increased by 66.36% to ¥591,414,801.53[4]. - Total operating income for the first three quarters of 2023 reached ¥13,741,478,357.21, a significant increase from ¥9,469,293,000.64 in the same period of 2022, representing a growth of approximately 45.5%[40]. - Operating profit for the third quarter of 2023 was ¥795,579,489.19, compared to ¥477,598,509.48 in the previous year, indicating a year-over-year increase of about 66.7%[37]. - The total profit for the current period is approximately 477.72 million in the previous period, reflecting a significant increase[60]. - The net profit attributable to shareholders of the parent company is approximately 355.51 million, indicating a growth of about 66.5% year-over-year[60]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥6,186,177,521.43, marking a 12.83% increase from the previous year[12]. - The company's total assets amount to approximately 6.19 billion RMB, an increase from 5.48 billion RMB in the previous period[34]. - The total liabilities for the company are approximately 2.47 billion RMB, up from 2.01 billion RMB in the previous period[34]. - Total assets as of the end of Q3 2023 amounted to CNY 6.15 billion, an increase from CNY 5.46 billion at the end of Q3 2022, representing a growth of 12.7%[52]. - Total liabilities increased to CNY 2.52 billion in Q3 2023 from CNY 2.07 billion in Q3 2022, marking a rise of 21.8%[52]. Cash Flow - The company reported a significant increase in net cash flow from operating activities, amounting to ¥673,368,278.31[4]. - Cash inflow from operating activities totaled ¥14,163,197,172.38 for the first three quarters of 2023, compared to ¥9,745,024,421.99 in 2022, marking an increase of approximately 45.5%[40]. - The company's cash flow from operating activities generated a net amount of ¥644,936,018.76, down from ¥938,994,228.12 in the same period last year[56]. - The company reported a net cash outflow from investing activities of CNY 254.15 million in Q3 2023, an improvement from a net outflow of CNY 295.91 million in Q3 2022[50]. - The company’s investment activities resulted in a net cash outflow of ¥249,959,707.48, an improvement from a net outflow of ¥294,493,014.05 in 2022[56]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,550[18]. - The largest shareholder, Beijing Jinzheng Asset Investment Co., Ltd., holds 191,100,000 shares, accounting for 24.57% of total shares[18]. - The total equity attributable to shareholders reached CNY 3.65 billion in Q3 2023, compared to CNY 3.41 billion in Q3 2022, reflecting a growth of 7.1%[52]. Operating Costs and Expenses - The total operating costs for the first three quarters of 2023 amounted to ¥11,627,876,632.26, up from ¥8,076,780,889.67 in 2022, reflecting an increase of approximately 44.5%[37]. - Research and development expenses for the third quarter of 2023 were ¥5,489,139.75, a decrease from ¥6,392,575.13 in the same quarter of 2022, showing a reduction of about 14.1%[37]. - The company’s financial expenses increased to ¥22,488,686.82 in 2023 from ¥15,527,134.69 in 2022, primarily due to higher interest expenses[53]. Government Subsidies and Non-Recurring Items - The company received government subsidies totaling 1,909,034.80 RMB during the current reporting period[25]. - Non-recurring gains and losses for the current reporting period amount to 23,426,106.89 RMB[28]. - The net profit excluding non-recurring gains and losses for the third quarter was ¥155,901,802.94, a 44.98% increase compared to the same period last year[4]. Inventory and Fixed Assets - The inventory as of September 30, 2023, was ¥3,054,357,889.73, compared to ¥2,716,444,643.74 at the end of 2022, indicating an increase of approximately 12.4%[44]. - The company's fixed assets are valued at approximately 150.69 million RMB, down from 158.37 million RMB in the previous period[34]. - The company's inventory as of September 30, 2023, is approximately 2.50 billion, indicating a growth of about 12.7%[65]. Accounting Policies and Standards - The company has made accounting policy changes in accordance with the Ministry of Finance's guidelines, affecting the financial statements[24]. - The company has not adopted new accounting standards that would affect the financial statements for the current year[76].