Financial Performance - The total operating revenue for the first nine months of 2023 reached CNY 732,692,520.91, representing a 13.14% increase compared to CNY 647,570,265.92 in the same period last year[8]. - The net profit attributable to shareholders for the first nine months of 2023 was CNY 40,398,199.22, a significant increase of 40.28% from CNY 28,798,739.56 in the previous year[8]. - The net profit for Q3 2023 was CNY 10,292,364.20, marking a 26.21% increase from CNY 8,155,196.68 in Q3 2022[8]. - Total operating costs for the first nine months of 2023 were CNY 683,089,608.75, up 11.06% from CNY 615,027,607.27 in 2022[37]. - Total comprehensive income increased to CNY 22,293,773.95 from CNY 18,605,765.51, representing a growth of approximately 19.1%[42]. Cash Flow and Liquidity - The net cash flow from operating activities for the first nine months of 2023 was CNY 49,264,826.35, showing a decrease of 19.15% compared to CNY 60,934,631.38 in the same period last year[8]. - Cash flow from investment activities showed a net outflow of CNY 31,244,140.77, worsening from a net outflow of CNY 6,493,464.64[44]. - Cash flow from financing activities generated a net inflow of CNY 97,333,571.40, compared to a net outflow of CNY 52,494,674.11 in the previous period[44]. - The ending balance of cash and cash equivalents increased to CNY 166,762,636.31 from CNY 75,962,402.39, reflecting a significant rise of approximately 119.5%[44]. Assets and Liabilities - The total assets as of September 30, 2023, amounted to CNY 643,549,629.26, reflecting a 25.36% increase from CNY 513,354,474.43 at the end of the previous year[10]. - The company's total liabilities to total assets ratio decreased to 18.82% from 24.33% year-on-year, indicating improved financial stability[10]. - Total liabilities decreased slightly to CNY 121.15 billion from CNY 124.87 billion, a reduction of about 3.0%[30]. - Shareholders' equity increased to CNY 522.40 billion from CNY 388.48 billion, representing a growth of approximately 34.4%[30]. Shareholder Information - The total number of unrestricted shares increased from 44,107,633 to 53,107,633, representing a rise from 21.47% to 25.85% of total shares[16]. - The largest shareholder, CHINA EGG PRODUCTS ApS, holds 135,188,506 shares, accounting for 65.80% of total shares[18]. - The total number of shares held by the top ten shareholders is 164,070,110, which constitutes 79.86% of total shares[19]. - There are no pledges or judicial freezes on shares held by shareholders with more than 5% ownership[20]. Expenses and Taxation - Sales expenses for the first nine months of 2023 rose by 46.46% to CNY 17,845,452.08, attributed to expanded business scale and increased marketing efforts[11]. - The income tax expense for the first nine months of 2023 surged by 115.04% to CNY 9,689,004.57, driven by an increase in taxable income[11]. - Research and development expenses for the first nine months of 2023 were CNY 13,877,187.02, slightly up from CNY 13,876,920.67 in 2022[37]. Future Outlook - The company is focusing on expanding its market presence and investing in new technologies to drive future growth[31]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36].
欧福蛋业(839371) - 2023 Q3 - 季度财报