SXLY(002627)2023-10-23 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 410,204,378.24, a decrease of 11.97% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 43,670,721.60, an increase of 246.56% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 42,774,821.89, up 314.33% from the previous year[5]. - Total operating revenue for the current period is ¥1,281,618,510.39, a decrease of 18.8% compared to ¥1,578,252,264.91 in the previous period[28]. - Net profit for the current period is ¥103,713,322.70, significantly up from ¥10,509,148.15, marking an increase of 883.5%[30]. - Operating profit rose to ¥138,720,272.03 from ¥26,545,313.33, an increase of 421.5%[30]. - Basic earnings per share increased to ¥0.1415 from ¥0.0089, reflecting a substantial growth[30]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,369,764,600.52, a decrease of 0.29% compared to the end of the previous year[5]. - As of September 30, 2023, the company's total assets amounted to RMB 4.37 billion, a slight decrease from RMB 4.38 billion at the beginning of the year[26]. - The company's total liabilities decreased to RMB 997.48 million from RMB 1.20 billion at the beginning of the year, indicating a reduction of about 16.8%[27]. - The company's long-term equity investments increased to RMB 76.39 million from RMB 70.83 million, showing a growth of approximately 7.2%[25]. - The company's total equity attributable to shareholders rose to RMB 3.11 billion from RMB 3.02 billion, reflecting an increase of about 2.9%[27]. Cash Flow - Cash flow from operating activities for the year-to-date was CNY 219,670,980.40, down 53.49% year-on-year[5]. - Cash flow from operating activities decreased to ¥219,670,980.40 from ¥472,294,890.94, a decline of 53.6%[31]. - Cash inflow from investment activities increased to ¥59,536,074.79 from ¥12,435,884.95, a growth of 377.5%[31]. - The net cash flow from investing activities was -95,022,512.47 CNY, an improvement from -154,447,148.95 CNY in the previous period[32]. - The total cash inflow from financing activities was 349,626,429.38 CNY, significantly higher than 38,847,132.92 CNY in the same period last year[32]. - The net cash flow from financing activities was 11,932,762.24 CNY, recovering from -490,891,507.06 CNY in the previous year[32]. - The cash and cash equivalents at the end of the period increased to 1,319,047,829.32 CNY from 1,122,268,699.68 CNY year-over-year[32]. Investments and Acquisitions - The company plans to acquire 100% equity of Changjiang Sanxia Tourism Development Co., Ltd. and 100% equity of Yichang Hangsheng Construction Investment Co., Ltd. through a share issuance[20]. - The company intends to transfer 100% equity of Hubei Tianyuan Supply Chain Co., Ltd. and 40% equity of Yichang Jiaoyun Automobile Sales Service Co., Ltd. to its controlling shareholders[21]. - The company repurchased a total of 15,086,300 shares, accounting for 2.04% of the total share capital, with a total transaction amount of approximately RMB 79.99 million[22]. - The company’s financial expenses decreased by 682.36% to CNY -25,345,900, mainly due to increased interest income from deposits[12]. Visitor Statistics - From January to September 2023, the core tourism products received 1.7349 million visitors, a year-on-year increase of 218.18% compared to 2022 and a 87.35% increase compared to 2019[17]. - The "Two Gorges and One Canyon" product received 1.4608 million visitors, a year-on-year increase of 394.47%[19]. - The "Yangtze River Night Tour" product received 274,100 visitors, a year-on-year increase of 129.74%[19]. Legal and Compliance - The company initiated a lawsuit regarding performance compensation due to unmet commitments from an acquisition, with a court ruling requiring compensation of 40%[23]. - The company has completed property preservation related to the performance compensation dispute as of September 15, 2023[24]. - The third quarter report was not audited, indicating potential areas for further scrutiny[33].