GYLS(600059)2023-10-24 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 371,219,343.53, representing a year-on-year increase of 10.20%[4] - The net profit attributable to shareholders for the same period was CNY 43,264,945.03, reflecting a growth of 6.59% compared to the previous year[4] - The basic earnings per share for Q3 2023 stood at CNY 0.048, with a year-to-date increase of 6.67%[5] - Total revenue for the first three quarters of 2023 reached ¥1,159,775,699.76, an increase of 3.9% compared to ¥1,121,356,846.35 in the same period of 2022[16] - Operating profit for the third quarter was ¥174,917,570.42, up from ¥169,617,938.85 in the previous year, reflecting a growth of 1.8%[17] - Net profit for the third quarter was ¥134,204,989.07, compared to ¥129,421,571.38 in the same quarter of 2022, indicating an increase of 3.5%[17] - In Q3 2023, the company reported a net profit of 134,429,895.82 RMB, compared to 129,485,925.63 RMB in Q3 2022, reflecting an increase of approximately 3.5% year-over-year[18] - Basic and diluted earnings per share for Q3 2023 were both 0.15 RMB, up from 0.14 RMB in Q3 2022, indicating a growth of about 7.1%[18] - The total comprehensive income attributable to the parent company for Q3 2023 was 133,451,416.41 RMB, compared to 130,531,675.30 RMB in Q3 2022, reflecting a growth of about 2.2%[18] Assets and Liabilities - The total assets of the company reached CNY 6,404,851,525.41, marking a 1.55% increase from the end of the previous year[5] - The company's total assets as of September 30, 2023, amounted to ¥6,404,851,525.41, a slight increase from ¥6,307,303,060.39 at the end of 2022[15] - Current assets totaled ¥4,177,010,290.37, down from ¥4,239,825,799.66 at the end of 2022, representing a decrease of 1.5%[14] - The company's total liabilities increased to ¥813,703,862.74 from ¥777,834,314.50, marking a rise of 4.6%[15] - The total equity attributable to shareholders increased to ¥5,553,893,082.44 from ¥5,493,365,059.07, reflecting a growth of 1.1%[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY -34,883,322.00, showing a significant decrease of 47.63%[8] - For the first nine months of 2023, cash inflows from operating activities totaled 1,176,389,282.59 RMB, a decrease from 1,207,567,961.09 RMB in the same period of 2022, representing a decline of approximately 2.6%[20] - The net cash flow from operating activities for the first nine months of 2023 was -34,883,322.00 RMB, an improvement from -66,613,598.19 RMB in the same period of 2022[20] - The company’s cash and cash equivalents at the end of Q3 2023 stood at 1,802,216,205.10 RMB, compared to 1,355,052,165.64 RMB at the end of Q3 2022, marking an increase of approximately 33%[21] - The company received 56,387,796.06 RMB in cash related to operating activities in Q3 2023, compared to 35,021,060.04 RMB in Q3 2022, indicating an increase of approximately 61.2%[20] - The company’s cash outflows from operating activities in Q3 2023 totaled 1,211,272,604.59 RMB, down from 1,274,181,559.28 RMB in Q3 2022, representing a decrease of about 4.9%[20] - The company’s financing activities resulted in a net cash outflow of -73,979,211.43 RMB in the first nine months of 2023, slightly improved from -74,874,228.56 RMB in the same period of 2022[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 64,946[10] - The largest shareholder, China Shaoxing Huangjiu Group Co., Ltd., holds 334,624,117 shares, accounting for 36.71% of total shares[10] Research and Development - Research and development expenses increased by 97.83% due to higher investment in R&D activities during the period[8] - Research and development expenses for the third quarter were ¥17,748,455.45, significantly higher than ¥8,971,444.99 in the same quarter of 2022, reflecting a growth of 97.5%[17] Government Subsidies - The company received government subsidies amounting to CNY 2,145,000.00, which are closely related to its normal business operations[7] Inventory and Prepayments - The company reported a decrease in prepayments by 87.84%, primarily due to reduced prepayment amounts[8] - Inventory as of September 30, 2023, was ¥2,069,055,442.49, a decrease from ¥2,134,799,381.25 at the end of 2022, indicating a decline of 3.1%[14] - The company reported a decrease in accounts payable from ¥357,991,928.23 to ¥152,425,178.70, a reduction of 57.5%[15]