JLSG(SH:600189)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 310,660,538.98, representing a year-on-year increase of 0.17%[2] - The net profit attributable to shareholders for Q3 2023 was CNY 1,279,133.48, a decrease of 92.99% compared to the same period last year[2] - The basic earnings per share for Q3 2023 was CNY 0.0018, down 94.00% year-on-year[3] - Total operating revenue for the first three quarters of 2023 reached CNY 945,988,496.97, a slight increase from CNY 931,411,300.52 in the same period of 2022, representing a growth of approximately 1.2%[29] - Operating profit for the first three quarters of 2023 was CNY 81,212,003.49, down from CNY 139,295,415.65 in the previous year, reflecting a decline of approximately 41.7%[29] - The company's net loss for the first three quarters of 2023 was CNY 989,966,358.46, an improvement from a net loss of CNY 1,027,534,412.97 in the same period of 2022[26] - The net profit for Q3 2023 was CNY 60,868,625.33, a decrease of 41.5% compared to CNY 104,316,717.80 in Q3 2022[30] - The total profit for Q3 2023 was CNY 83,877,825.99, down from CNY 138,957,558.35 in the same period last year[30] - Total revenue for the first three quarters of 2023 was CNY 50,448,617.72, a decrease of 14.3% compared to CNY 59,059,818.11 in the same period of 2022[38] Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 4,896,242,324.29, a slight decrease of 0.02% from the end of the previous year[3] - The total assets as of September 30, 2023, were CNY 4,896,242,324.29, slightly down from CNY 4,897,379,513.65 at the end of 2022[26] - Total liabilities decreased to CNY 3,025,986,989.38 from CNY 3,081,608,704.07, a reduction of approximately 1.8%[26] - The total assets as of September 30, 2023, were CNY 3,089,125,848.08, slightly up from CNY 3,082,844,042.22 at the end of 2022[35] - The company's total liabilities decreased from CNY 1,571,510,863.76 in 2022 to CNY 627,960,722.55 in Q3 2023[33] - Total liabilities as of the end of Q3 2023 were CNY 1,873,037,009.64, slightly up from CNY 1,864,326,160.27 at the end of Q3 2022[37] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 232,811,748.76, down 19.30% compared to the previous year[2] - Cash flow from operating activities for the first nine months of 2023 was CNY 232,811,748.76, down from CNY 288,488,623.52 in the same period of 2022[32] - In Q3 2023, the net cash flow from operating activities was $63,446,505.90, a decrease of 32.8% compared to $94,475,992.76 in Q3 2022[41] - The total cash outflow from operating activities amounted to $159,501,370.65, down 38.7% from $260,277,769.97 in the previous year[41] - Cash inflow from investment activities was $261,821,347.29, a decline of 54.5% from $577,174,164.09 in Q3 2022[41] - The net cash flow from investment activities was -$70,280,732.71, compared to a positive $334,421,879.28 in the same quarter last year[41] - The company reported a net cash outflow from financing activities of CNY -248,760,722.55 in Q3 2023, compared to CNY -239,027,463.76 in Q3 2022[33] Shareholder Information - The company reported a total of 46,454 common shareholders at the end of the reporting period[10] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 30.24% of the shares, with 136,500,000 shares pledged[10] - The controlling shareholder, China Jilin Forest Industry Group, holds 30.24% of the company's shares, while its subsidiary, Qianyang Forestry Company, holds 0.69%, totaling 30.93%[12] - Shareholder Zhao Zhihua holds 42,246,094 shares, representing 5.91% of the total shares, with 42,000,000 shares pledged, accounting for 5.87% of the total shares[15] - The total share capital of the company is 715,197,812 shares, with the controlling shareholder holding 216,254,080 shares, which is 30.24% of the total[19] - The controlling shareholder has 140,113,053 shares frozen, which is 19.59% of the total share capital and 64.79% of its holdings[19] - Zhao Zhihua and his associates planned to reduce their holdings by up to 12,949,701 shares, and they have already reduced their holdings by 2,193,600 shares from January 9 to July 9, 2023[22] - Jilin Province Jisheng Asset Management holds 2,406,333 shares pledged, which is 0.34% of the total share capital[17] - Shareholder Gu Chongping has 3,118,627 shares frozen, representing 0.44% of the total share capital[20] - The controlling shareholder has participated in margin trading, holding 62,627,943 shares in a credit securities account, which is 8.76% of the total shares[12] - The company has not yet completed the release of 13,650,000 shares pledged by the controlling shareholder, which was due on April 1, 2020[13] - The company has a total of 140,113,053 shares frozen, which includes both judicial and pledged shares[19] Expenses - The company reported a decrease in sales expenses to CNY 203,547.08 from CNY 204,215.74 year-over-year[38] - Financial expenses decreased to CNY 35,971,297.15 from CNY 43,111,976.53 in the previous year[38] - The cash paid for employee compensation was $33,237,406.10, down 13.5% from $38,606,584.50 in the previous year[41] - The cash paid for taxes was $4,513,179.86, an increase of 33.9% compared to $3,369,020.88 in Q3 2022[41]