Gaishi Food(BJ:836826)2023-10-26 16:00Financial Performance - Operating revenue for the first nine months of 2023 reached CNY 359,320,302.54, marking a 32.12% increase from CNY 271,954,960.70 in the same period last year[12]. - The company reported a 38.18% increase in operating revenue for Q3 2023, totaling CNY 133,611,121.29, compared to CNY 96,695,570.54 in Q3 2022[12]. - Net profit attributable to shareholders decreased by 0.55% to CNY 26,682,705.06 for the first nine months of 2023, compared to CNY 26,830,989.24 in the previous year[12]. - The net profit attributable to shareholders for Q3 2023 was CNY 17,363,489.54, reflecting a 30.67% increase from CNY 13,287,838.85 in Q3 2022[12]. - Total revenue for the first nine months of 2023 reached CNY 359,320,302.54, an increase from CNY 271,954,960.70 in the same period of 2022, representing a growth of approximately 32.1%[47]. - Total comprehensive income for the first nine months of 2023 was ¥26,870,190.93, compared to ¥27,168,382.26 in 2022, showing a decrease of about 1.1%[49]. - The total profit for the first nine months of 2023 was ¥30,197,681.69, down from ¥30,673,067.67 in 2022, reflecting a decrease of about 1.5%[48]. Cash Flow - Cash flow from operating activities showed a significant improvement, with a net amount of CNY 117,768,132.96, a 334.00% increase compared to a negative CNY 50,328,263.22 in the same period last year[12]. - Operating cash inflow for the first nine months of 2023 was CNY 339,418,903.88, an increase from CNY 283,886,208.20 in the same period of 2022, representing a growth of approximately 19.6%[55]. - Net cash flow from operating activities for the first nine months of 2023 was CNY 91,301,295.73, compared to a negative cash flow of CNY -66,562,569.79 in 2022, indicating a significant turnaround[56]. - The ending cash and cash equivalents balance for the first nine months of 2023 was CNY 56,736,132.69, a decrease from CNY 102,479,832.42 in 2022[56]. - Cash inflow from financing activities totaled CNY 21,394,365.00, down from CNY 135,974,012.18 in the previous year, leading to a net cash flow of CNY -66,765,159.85 for financing activities[56]. Assets and Liabilities - Total assets increased by 6.24% to CNY 470,685,144.83 as of September 30, 2023, compared to CNY 443,023,045.85 at the end of 2022[12]. - The company’s debt-to-asset ratio increased to 33.42% on a consolidated basis, up from 29.82% at the end of 2022[12]. - The company’s total current assets are approximately 271.65 million CNY, a decrease from 292.07 million CNY as of December 31, 2022[39]. - Current liabilities decreased to CNY 127,799,924.58 from CNY 130,721,225.02, showing a reduction of about 2.2%[40]. - The company’s total assets with restricted rights amount to 100,708,491.8 CNY, representing 21.40% of total assets, primarily due to loans secured by various assets[35]. Shareholder Information - The total number of ordinary shares is 117,401,587, with 43.34% held by the controlling shareholder[20]. - The largest shareholder, Shanghai Lexiangjia Industrial Co., Ltd., holds 56,332,374 shares, representing 47.98% of total shares[23]. - The total number of shares held by the top ten shareholders accounts for 69.64% of the total shares[23]. - The company has 3,398 ordinary shareholders as of the end of the reporting period[20]. Stock Options and Equity - The company implemented a stock option plan granting 2,000,000 options to 46 individuals, with adjustments made to the exercise price and quantity due to a rights distribution[27]. - The exercise price of stock options was adjusted from 7.5 CNY to 6.125 CNY following the rights distribution[28]. - The number of stock options canceled due to employee departures was 420,000, and an additional 792,000 options were canceled due to unmet performance conditions[28]. - The company has reserved 360,000 stock options under the 2022 Equity Incentive Plan, which have become invalid after 12 months without designated beneficiaries[29]. - The company’s equity attributable to shareholders increased to CNY 313,155,500.78 as of September 30, 2023, compared to CNY 310,676,613.07 at the end of 2022, a rise of approximately 0.8%[41]. Legal and Compliance - There were no significant legal disputes or external guarantees reported during the period[26]. - The company did not experience any major asset freezes or pledges during the reporting period[26].