Financial Performance - Net profit attributable to shareholders rose by 14.20% to CNY 74,111,146.21 for the first nine months of 2023[11] - Operating revenue for Q3 2023 reached CNY 284,842,049.11, a 49.13% increase year-on-year[11] - Total operating revenue for the first nine months of 2023 reached CNY 779,658,681.06, a significant increase from CNY 561,004,980.07 in the same period of 2022, representing a growth of approximately 39%[39] - Total operating costs for the first nine months of 2023 were CNY 698,046,895.06, compared to CNY 500,517,285.40 in 2022, indicating an increase of about 39.4%[39] - Net profit for the first nine months of 2023 was CNY 72,295,764.92, up from CNY 64,897,782.97 in 2022, reflecting a growth of approximately 11%[41] - Basic and diluted earnings per share for the first nine months of 2023 were both CNY 0.47, compared to CNY 0.41 in the same period of 2022[41] Assets and Liabilities - Total assets increased by 21.93% to CNY 2,272,738,673.66 compared to the end of last year[11] - The total assets of the company as of September 30, 2023, amounted to CNY 2.27 billion, up from CNY 1.86 billion at the end of 2022, reflecting an increase of about 21.9%[32] - The company's total liabilities increased to CNY 1.41 billion from CNY 1.30 billion, indicating a rise of approximately 8.5%[33] - The company's equity attributable to shareholders rose to CNY 792.33 million from CNY 494.81 million, representing an increase of about 60.3%[33] - The number of accounts receivable increased by 33.99% to CNY 75,729,743.22, attributed to extended payment terms[12] - Contract liabilities surged by 398.83% to CNY 125,955,097.77, driven by prepayments from customers for sugar products[13] Cash Flow - The company’s cash flow from operating activities decreased by 63.74% to CNY 26,923,996.89[11] - The cash flow from investing activities decreased by 42.38%, primarily due to reduced cash payments for fixed asset purchases, amounting to -123,446,529.80 RMB[14] - The cash flow from financing activities increased by 317.96%, mainly due to funds raised from the company's listing, totaling 306,551,506.30 RMB[14] - The net cash flow from operating activities was 26,923,996.89, down from 74,259,300.40, reflecting a decrease of approximately 63.7% year-over-year[47] - The company raised 238,045,188.68 from new investments, indicating active fundraising efforts[47] - The total cash inflow from financing activities was 659,408,356.12, compared to 369,785,255.83 in the previous year, reflecting a growth of approximately 78.2%[47] Research and Development - Research and development expenses increased by 55.02% to CNY 6,997,062.86, reflecting higher investment in innovation[13] - Research and development expenses for the first nine months of 2023 were CNY 6,997,062.86, up from CNY 4,513,528.13 in 2022, representing a growth of approximately 55%[40] Shareholder Information - The total number of ordinary shares increased from 156,783,000 to 209,053,000 shares following the public offering of 52,270,000 shares[19] - The largest shareholder, Party Yongtao, holds 34.7% of the shares, totaling 54,405,060 shares[21] - The company has 510 ordinary shareholders as of the reporting period[19] - The company has no pledges or judicial freezes on shares held by major shareholders[22] - The company has fulfilled all disclosed commitments without any overdue obligations during the reporting period[26] Other Financial Metrics - The company reported a significant increase in inventory, which rose to CNY 381.56 million from CNY 303.38 million, reflecting a growth of approximately 25.8%[31] - Other income for the first nine months of 2023 was CNY 15,072,941.69, compared to CNY 9,345,043.06 in 2022, reflecting an increase of about 61%[40] - The company reported a net investment loss of CNY 2,963,331.28 for the first nine months of 2023, compared to a loss of CNY 51,725.87 in the same period of 2022[40] - The company incurred financial expenses of 160,967.09, up from 151,915.19, indicating a rise of about 5.5%[43] - The company’s other income increased to 2,030,702.74 from 1,045,144.79, representing a growth of approximately 94.5% year-over-year[43]
骑士乳业(832786) - 2023 Q3 - 季度财报