Gaishi Food(BJ:836826)2022-10-27 16:00Financial Performance - Net profit attributable to shareholders decreased by 6.95% to CNY 26,830,989.24 for the first nine months of 2022[14]. - Operating income for Q3 2022 was CNY 96,695,570.54, a decrease of 7.80% compared to Q3 2021[15]. - Total revenue for the reporting period reached 63,848,698, with a year-on-year growth of 72.10%[29]. - The company reported a net profit of 9,481,378, reflecting a significant increase compared to the previous period[29]. - Total operating revenue for Q3 2022 was ¥85,439,978.90, a decrease of 13.6% compared to ¥98,922,770.94 in Q3 2021[58]. - Net profit for Q3 2022 was ¥12,579,228.98, down 24.0% from ¥16,576,399.25 in Q3 2021[58]. - Operating profit for Q3 2022 was ¥14,442,117.00, a decline of 23.0% from ¥18,870,699.63 in Q3 2021[58]. - The total comprehensive income for the period was 28,742,706.45 yuan, an increase from 25,881,046.05 yuan in the previous period[59]. Cash Flow - Cash flow from operating activities showed a significant decline of 6710.68%, resulting in a net outflow of CNY 50,328,263.22 for the first nine months[14]. - Net cash flow from operating activities decreased by 6,710.68% year-on-year, due to prepayment for orders to expand business scale[20]. - Cash inflows from operating activities amounted to 319,182,926.90 yuan, compared to 236,859,186.64 yuan in the same period last year, reflecting a growth of approximately 35%[61]. - The net cash flow from operating activities was -50,328,263.22 yuan, a decline from a positive 761,317.29 yuan in the previous year[61]. - Cash inflows from investment activities totaled 58,400,899.93 yuan, significantly higher than 31,096,762.97 yuan in the prior year[62]. - The net cash flow from investment activities was -12,545,654.06 yuan, an improvement from -70,825,588.81 yuan in the previous year[62]. - Cash inflows from financing activities reached 135,974,012.18 yuan, up from 18,628,040.71 yuan in the same period last year[63]. - The net cash flow from financing activities was 118,518,971.80 yuan, compared to -16,205,241.74 yuan in the previous year, indicating a strong recovery[63]. Assets and Liabilities - Total assets increased by 59.42% to CNY 444,586,157.64 compared to the end of the previous year[14]. - The total liabilities increased to CNY 140,124,728.45 from CNY 64,674,828.91 in the previous year, reflecting a rise in short-term borrowings to CNY 63,025,662.70[47][48]. - The company's total assets increased to approximately ¥423.62 million as of September 30, 2022, compared to ¥270.90 million at the end of 2021, representing a growth of 56.4%[52]. - The company's cash and cash equivalents reached CNY 115,479,752.90, up from CNY 57,518,546.64 in 2021, indicating a strong liquidity position[46]. - The company's inventory increased to CNY 95,889,212.90 from CNY 48,270,187.69, indicating a growth in stock levels[46]. - The company's equity attributable to shareholders rose to CNY 304,236,748.31 from CNY 213,962,407.01, reflecting strong retained earnings growth[48]. Borrowings and Financing - The company’s short-term borrowings increased by 1160.51% due to the need for additional working capital to support business expansion[17]. - The company issued 9,280,572 shares at a price of CNY 8.34 per share, raising a total of CNY 77,399,970.48, with a net amount of CNY 72,390,497.25 after fees[40][41]. - The company has implemented a special account storage management system for the raised funds to protect investor rights[40]. Expenses and Income - Sales expenses increased by 41.03% compared to the same period last year, primarily due to enhanced marketing efforts and increased personnel costs[19]. - Financial expenses decreased by 1,443.01% year-on-year, attributed to significant changes in exchange gains and losses[19]. - Other income decreased by 68.52% year-on-year, mainly due to last year's receipt of listing subsidies amounting to 854,000[19]. - Investment income decreased by 73.86% year-on-year, resulting from reduced cash management income as fundraising continues[19]. - R&D expenses for Q3 2022 were approximately ¥1.60 million, an increase of 8.9% compared to ¥1.47 million in Q3 2021[54]. - Research and development expenses for Q3 2022 amounted to ¥1,596,944.05, an increase of 8.9% from ¥1,466,748.49 in Q3 2021[58]. Shareholder Information - The total number of ordinary shares at the end of the period was 88,554,084, with 3,796 shareholders[25]. - The largest shareholder holds 53.01% of the shares, totaling 46,943,645 shares[27]. Market Strategy and Outlook - The company is focusing on expanding its market presence and enhancing user engagement through new strategies[29]. - The company provided a positive outlook for future growth, emphasizing ongoing investments in new technologies and market expansion strategies[54]. Compliance and Legal Matters - There were no significant legal disputes or external guarantees reported during the period[32]. - The company has maintained compliance with all disclosed commitments, with no violations noted[37]. User Data - The user data indicates a total of 63,163,752 users, with a net increase of 684,946 users during the reporting period[29].