KCGJ(SH:600097)2022-10-28 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥451,136,128.80, a decrease of 14.89% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥6,488,256.20, down 85.51% year-on-year[5] - The basic earnings per share for Q3 2022 was ¥0.02, reflecting a decline of 89.47% compared to the same period last year[6] - The net profit attributable to shareholders for the year-to-date was ¥44,134,888.04, down 77.33% year-on-year[5] - The net profit for Q3 2022 was CNY 49,155,722.40, a decrease of 75.7% compared to CNY 201,563,238.85 in Q3 2021[21] - The company reported a total comprehensive income of CNY 104,613,825.40 for Q3 2022, compared to CNY 172,992,761.75 in Q3 2021, reflecting a decrease of 39.5%[22] - The basic and diluted earnings per share for Q3 2022 were CNY 0.18, down from CNY 0.81 in Q3 2021[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,296,227,495.99, an increase of 11.98% from the end of the previous year[6] - Cash and cash equivalents as of September 30, 2022, were CNY 564,785,800.97, a decline of 25.5% from CNY 758,019,759.18 at the end of 2021[16] - Inventory increased to CNY 543,749,786.30 as of September 30, 2022, up 42.8% from CNY 380,724,032.20 at the end of 2021[16] - Non-current assets totaled CNY 1,979,461,832.08, an increase of 22.5% from CNY 1,614,947,917.26 at the end of 2021[17] - Total liabilities amounted to CNY 1,232,435,654.29, an increase of 32.7% from CNY 927,724,671.08 at the end of 2021[18] - The company's equity attributable to shareholders was CNY 2,012,559,539.14, a slight increase from CNY 1,974,889,145.15 at the end of 2021[18] - The company reported a goodwill of CNY 103,756,117.59 as of September 30, 2022, a decrease from CNY 104,182,292.78 at the end of 2021[17] Cash Flow - The cash flow from operating activities for the year-to-date was ¥102,711,508.39, a decrease of 68.49% year-on-year[6] - The net cash flow from operating activities for Q3 2022 was CNY 102,711,508.39, a decline of 68.5% compared to CNY 326,015,055.02 in Q3 2021[25] - The company incurred total financing cash outflows of CNY 239,932,384.08 in Q3 2022, compared to CNY 204,432,210.33 in Q3 2021[26] - The company reported a net cash outflow from investing activities of CNY 129,473,580.42 in Q3 2022, contrasting with a net inflow of CNY 32,457,886.80 in Q3 2021[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,900[9] - The largest shareholder, Shanghai Ocean Fishing Co., Ltd., held 42.26% of the shares[9] - As of September 30, 2022, the total shares held by Guangming (Food) Group Co., Ltd. indirectly accounted for 42.83% of the company's total share capital, totaling 103,176,538 shares[10] - The combined shareholding of Beijing Yizhen Technology Development Co., Ltd., Beijing Namunani Asset Management Co., Ltd., and Beijing Xiaojian Technology Development Co., Ltd. accounted for 14.50% of the company's total share capital, totaling 34,944,360 shares[10] Operational Developments - The company reported a significant decrease in net profit due to reduced marine catch revenue and increased food processing costs[7] - The fixed asset usage fee for the "Shenlan" vessel leased to Deep Blue Company is set at 78.5 million RMB per year for a lease term of 4 years, with profit sharing at 60% for Kaichuang Ocean and 40% for Deep Blue[12] - The "Shenlan" vessel was delivered on August 26, 2022, and began its journey to the Antarctic for shrimp fishing production on October 20, 2022[13] - A new factory in Spain's Pondevedra province is under construction with a total investment budget of 30.4 million euros, which has now completed construction and is in the equipment debugging phase[14] Revenue and Costs - Total operating revenue for the first three quarters of 2022 was CNY 1,231,500,807.32, a decrease of 18.3% compared to CNY 1,507,723,047.62 in the same period of 2021[20] - Total operating costs for the first three quarters of 2022 were CNY 1,211,262,873.48, down 13.8% from CNY 1,405,241,376.60 in the previous year[20] - The total revenue from operating activities for the first three quarters of 2022 was CNY 1,303,164,325.89, down 18.3% from CNY 1,594,077,581.56 in the same period of 2021[24] - The company's sales expenses for Q3 2022 were CNY 287,019,154.65, a decrease of 18.1% from CNY 350,473,547.91 in Q3 2021[21] - The total tax expenses for Q3 2022 were CNY 1,974,094.39, significantly lower than CNY 42,416,020.96 in Q3 2021[21]