KASUN(002418)2023-10-27 16:00Revenue and Profit - The company's revenue for Q3 2023 was ¥565,849,388.15, representing a 5.32% increase compared to the same period last year, but a 23.39% decrease year-to-date[5]. - Net profit attributable to shareholders for Q3 2023 was ¥5,622,000.60, down 54.85% year-on-year, while year-to-date net profit increased by 1,357.55% to ¥28,422,763.61[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,044,797.78, a decrease of 90.40% year-on-year, with a year-to-date increase of 4,525.65% to ¥13,794,985.98[5]. - Total operating revenue for the current period is ¥1,634,566,316.15, a decrease of 23.4% compared to ¥2,133,658,191.05 in the previous period[17]. - Net profit for the current period is ¥28,120,235.35, significantly up from ¥1,533,108.25 in the previous period, representing an increase of 1,735.5%[18]. - Operating profit for the current period is ¥42,452,105.27, compared to ¥12,624,583.73 in the previous period, marking an increase of 236.5%[17]. - The company’s total profit for the current period is ¥39,631,290.95, compared to ¥9,244,290.88 in the previous period, an increase of 328.5%[18]. - Basic and diluted earnings per share for the current period are both ¥0.0250, compared to ¥0.0017 in the previous period, an increase of 1,376.5%[18]. Cash Flow and Liquidity - The company's cash flow from operating activities for the year-to-date was ¥196,135,634.67, showing a significant increase of 96.56%[8]. - Cash flow from operating activities is ¥196,135,634.67, an increase from ¥99,782,091.19 in the previous period[21]. - Cash and cash equivalents at the end of the period are ¥64,014,459.82, down from ¥325,083,619.47 in the previous period, a decrease of 80.3%[21]. - The company reported a 66.27% decrease in cash and cash equivalents, primarily due to the maturity of bills and a reduction in guarantees[8]. Assets and Liabilities - Total assets at the end of Q3 2023 were ¥2,557,632,288.61, a decrease of 19.57% compared to the end of the previous year[5]. - Current assets dropped from CNY 2,032,205,686.86 at the beginning of the year to CNY 1,410,307,629.71, a decrease of about 30.6%[14]. - Total liabilities decreased from CNY 1,688,779,916.70 to CNY 1,042,885,020.35, representing a reduction of approximately 38.3%[15]. - Total assets decreased from CNY 3,180,085,062.59 on January 1, 2023, to CNY 2,557,632,288.61 by September 30, 2023, reflecting a decline of approximately 19.5%[14]. - The company’s total equity increased from CNY 1,491,305,145.89 to CNY 1,514,747,268.26, showing a growth of approximately 1.6%[15]. Receivables and Inventory - The company experienced a 40.10% decrease in accounts receivable, mainly due to the collection of outstanding payments from a public transport order[8]. - Accounts receivable fell from CNY 702,152,678.29 to CNY 420,562,546.17, a decrease of approximately 40.1%[14]. - Inventory decreased from CNY 215,693,557.95 to CNY 197,008,191.57, reflecting a decline of about 8.7%[14]. Borrowings and Expenses - The company’s short-term borrowings decreased by 38.46% to ¥361,272,706.08, attributed to the repayment of bank loans[8]. - Short-term borrowings decreased from CNY 587,020,162.45 to CNY 361,272,706.08, a reduction of about 38.5%[15]. - The company’s sales expenses decreased by 63.21% due to a reduction in after-sales service costs related to new energy bus orders[8]. Audit Status - The company has not undergone an audit for the third quarter report[22].