LKDF(002413)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥251,061,153.16, a decrease of 30.47% compared to the same period last year[5]. - Total operating revenue for the period was CNY 845,248,361.30, a decrease of 17.3% compared to CNY 1,021,318,922.26 in the previous period[15]. - The net profit attributable to shareholders was -¥46,362,658.55, a decline of 22.75% year-on-year, while the net profit for the year-to-date increased by 428.17% to ¥88,522,672.51[5]. - Net profit for the period reached CNY 85,488,516.56, compared to a net loss of CNY 28,579,904.43 in the same period last year[16]. - The basic earnings per share for Q3 2023 was -¥0.03, unchanged from the previous quarter, while year-to-date earnings per share increased by 450.00% to ¥0.07[5]. - The company reported a basic earnings per share of CNY 0.07, recovering from a loss of CNY 0.02 per share in the previous year[18]. Assets and Liabilities - Total assets as of September 30, 2023, were ¥5,751,616,847.19, a decrease of 3.31% from the end of the previous year[5]. - As of September 30, 2023, the total current assets amounted to CNY 3,164,637,986.37, a decrease from CNY 3,338,228,140.52 at the beginning of the year, representing a decline of approximately 5.2%[11]. - The company's total assets as of September 30, 2023, were CNY 5,751,616,847.19, down from CNY 5,948,442,655.49, indicating a decrease of about 3.3%[13]. - Total liabilities decreased to CNY 1,237,468,033.02 from CNY 1,525,250,226.77, a reduction of approximately 18.9%[13]. - The total liabilities decreased to CNY 1,394,115,026.67 from CNY 1,726,712,081.52, reflecting a reduction of approximately 19.2%[17]. - The total equity attributable to shareholders increased to CNY 4,322,083,206.69 from CNY 4,175,159,678.48, marking a growth of about 3.5%[17]. Cash Flow - Cash flow from investment activities for the year-to-date was ¥124,811,787.90, a turnaround from -¥270,299,122.56 in the same period last year, indicating improved cash recovery[8]. - Cash flow from operating activities showed a net outflow of CNY 180,933,349.44, an improvement from a net outflow of CNY 195,435,592.10 in the prior period[19]. - The net cash flow from investment activities was 124,811,787.90 CNY, a significant improvement compared to -270,299,122.56 CNY in the previous year[20]. - The net cash flow from financing activities was -209,532,682.42 CNY, contrasting with a positive 107,592,708.42 CNY in the same period last year[20]. - The total cash inflow from financing activities was 296,124,223.00 CNY, down from 413,490,969.13 CNY year-over-year[20]. - The company reported a cash decrease of 265,795,294.62 CNY during the quarter, compared to a decrease of 358,380,032.99 CNY in the same quarter last year[20]. Investments - The company reported a significant increase in investment income of 6457.17% year-on-year, amounting to ¥179,219,665.29, primarily due to the disposal of subsidiary equity[8]. - The company recorded an investment income of CNY 179,219,665.29, significantly higher than CNY 2,733,184.82 in the previous period[15]. - The company’s long-term equity investments increased by 70.15% to ¥251,100,678.99, reflecting the impact of equity method accounting from subsidiary disposals[8]. Shareholder Information - The top ten shareholders hold a combined 9.85% of the company's shares, with the largest shareholder, Liu Sheng, owning 1.85%[9]. Operational Highlights - The company completed the registration change and obtained a new business license, with no changes to its main business direction or future development strategy[10]. - The company has not reported any new product launches or technological developments during this quarter[10]. - There were no significant mergers or acquisitions reported in this quarter[10]. Other Financial Metrics - The company experienced a 50.72% decrease in notes receivable, totaling ¥155,973,495.99, mainly due to the maturity of certain notes during the period[8]. - The company’s cash and cash equivalents decreased by 48.06% to ¥289,010,111.56, attributed to increased procurement and investment activities[8]. - Other comprehensive income after tax was reported at CNY -1,023,944.40, contrasting with CNY 95,120,381.00 in the previous year[16]. - Deferred income tax liabilities decreased to CNY 62,478,232.36 from CNY 71,979,212.91, indicating a reduction of approximately 13.2%[17]. - The company's cash and cash equivalents decreased to CNY 289,010,111.56 from CNY 556,414,149.07, indicating a reduction of about 48.2%[11]. - Accounts receivable increased to CNY 1,331,511,141.19 from CNY 1,166,511,245.13, reflecting a growth of approximately 14.1%[11]. - Inventory levels rose to CNY 1,141,077,871.93 from CNY 1,109,177,233.83, marking an increase of about 2.9%[11]. - The cash received from the disposal of subsidiaries and other business units was 44,900,000.00 CNY[20]. - The cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets was 22,640,800.37 CNY, down from 69,946,542.93 CNY year-over-year[20]. - The company did not conduct an audit for the third quarter report[21].