Youngor(SH:600177)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,585,618,869.91, a decrease of 51.61% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2023 was ¥628,200,839.92, down 40.80% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥595,562,632.79, a decrease of 42.51% compared to the same period last year[4]. - Basic earnings per share for Q3 2023 were ¥0.14, reflecting a decline of 41.20% year-on-year[5]. - Total operating revenue for the first three quarters of 2023 was ¥7,457,747,912.66, a decrease from ¥12,826,057,646.15 in the same period of 2022, representing a decline of approximately 42.5%[21]. - The net profit for Q3 2023 was CNY 2,789,292,015.17, a decrease of 33.6% compared to CNY 4,209,316,693.69 in Q3 2022[23]. - The total profit for Q3 2023 was CNY 3,046,290,614.92, down from CNY 5,099,830,646.59 in the same period last year, representing a decline of 40.2%[23]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.58, compared to CNY 0.91 in Q3 2022, indicating a decrease of 36.3%[26]. Segment Performance - The fashion segment achieved a revenue of ¥510,216.49 million, with a year-on-year growth of 13.20%[6]. - The investment business maintained stable operations, generating a net profit of ¥171,087.55 million, up 29.51% year-on-year[6]. - The real estate segment experienced a significant decline, with revenue of ¥236,954.64 million, down 71.54% year-on-year[6]. - The fashion segment generated operating revenue of CNY 5,102.16 million, with a net profit of CNY 651.18 million, reflecting year-on-year growth of 13.20% and 15.29% respectively[12]. - The real estate segment reported operating revenue of CNY 2,369.55 million and a net profit of CNY 331.03 million, showing a year-on-year decline of 71.54% and 85.65% respectively due to cyclical development factors[12]. - The investment business recorded a net profit of CNY 1,710.88 million, marking a year-on-year increase of 29.51%[12]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥81,228,036,155.96, representing a 4.44% increase from the end of the previous year[5]. - Current assets as of September 30, 2023, totaled ¥36,101,066,747.89, an increase from ¥33,685,378,265.70 at the end of 2022, reflecting a growth of approximately 7.5%[18]. - Non-current assets amounted to ¥45,126,969,408.07 as of September 30, 2023, compared to ¥44,091,695,385.66 at the end of 2022, showing an increase of about 2.4%[19]. - Total liabilities as of September 30, 2023, were ¥43,252,959,287.95, an increase from ¥39,666,572,894.69 at the end of 2022, indicating a rise of about 6.5%[20]. - The company's cash and cash equivalents increased to ¥13,429,140,558.23 as of September 30, 2023, from ¥11,452,476,349.44 at the end of 2022, representing a growth of approximately 17.3%[18]. - Inventory as of September 30, 2023, was ¥19,119,155,366.88, up from ¥16,776,274,892.01 at the end of 2022, reflecting an increase of about 13.3%[18]. - The company's long-term equity investments increased to ¥20,909,759,666.15 as of September 30, 2023, compared to ¥18,994,864,856.80 at the end of 2022, representing a growth of about 10.0%[19]. Cash Flow and Expenses - The net cash flow from operating activities for the year-to-date period was ¥3,549,215,254.83, with a significant increase attributed to strong sales in real estate projects[5][6]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 3,549,215,254.83, a significant improvement from a negative cash flow of CNY -3,004,300,280.30 in the same period last year[27]. - The company's total operating expenses for Q3 2023 were CNY 11,004,534,518.79, slightly higher than CNY 10,695,144,421.30 in Q3 2022, reflecting a rise of 2.9%[27]. - The tax expenses for Q3 2023 were CNY 256,998,599.75, a significant decrease from CNY 890,513,952.90 in Q3 2022, down by 71.1%[23]. - Research and development expenses increased to CNY 101,693,515.98 in Q3 2023, up from CNY 90,875,346.67 in Q3 2022, reflecting a growth of 11.9%[23]. Other Financial Metrics - The total cash inflow from financing activities was $11.70 billion, down 45.4% from $21.37 billion year-over-year[28]. - The net cash inflow from investment activities was $1.30 billion, a decrease of 77.7% compared to $5.84 billion in the previous period[28]. - The cash inflow from other investment-related activities was $2.31 billion, down from $7.79 billion in the previous year[28]. - The company reported a gross profit margin of 74.16% for the fashion segment, with a year-on-year increase of 1.42 percentage points[14].