YJFC(SH:600265)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥172,663,487.27, representing a year-on-year increase of 533.73%[5]. - The net profit attributable to shareholders for the year-to-date period reached ¥3,036,943.90, with a significant increase due to the acquisition of controlling interest in Tangxian Huiyin Wood Industry Co., Ltd.[9]. - Total revenue for the first three quarters of 2023 reached ¥420,955,234.67, a significant increase from ¥66,432,352.57 in the same period of 2022, representing a growth of approximately 532.5%[20]. - The net loss for the first three quarters of 2023 was ¥455,716,433.10, slightly improved from a loss of ¥458,753,377.00 in the same period of 2022[16]. - The company reported a net profit of CNY 20,722,428.12 for Q3 2023, a significant recovery from a net loss of CNY 14,715,473.46 in the same period last year[21]. - Operating profit for Q3 2023 was CNY 20,354,757.30, compared to an operating loss of CNY 14,471,276.56 in Q3 2022[21]. - Total comprehensive income for Q3 2023 reached CNY 20,817,123.09, contrasting with a total comprehensive loss of CNY 14,376,432.49 in Q3 2022[22]. - Basic and diluted earnings per share for Q3 2023 were CNY 0.023, recovering from a loss of CNY 0.112 per share in the previous year[22]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,029,076,283.53, reflecting a 121.19% increase compared to the end of the previous year[6]. - The company's total assets reached ¥1,029,076,283.53 as of September 30, 2023, compared to ¥465,236,344.21 at the end of 2022, indicating a growth of about 120.5%[15]. - Total liabilities as of September 30, 2023, were ¥683,854,170.11, up from ¥312,047,675.55 at the end of 2022, reflecting an increase of approximately 119.5%[16]. - Non-current assets totaled ¥549,218,979.25 as of September 30, 2023, compared to ¥228,271,097.98 at the end of 2022, indicating a growth of about 140.5%[15]. Cash Flow - The company reported a net cash flow from operating activities of ¥53,951,572.81 for the year-to-date period[5]. - Cash flow from operating activities for the first nine months of 2023 was CNY 53,951,572.81, a turnaround from a negative cash flow of CNY 224,979,503.47 in the same period last year[25]. - Cash inflow from operating activities totaled CNY 478,504,729.06, compared to CNY 127,308,120.45 in the previous year[25]. - Cash outflow from operating activities was CNY 424,553,156.25, up from CNY 352,287,623.92 in the previous year[25]. - Cash flow from investing activities showed a net outflow of CNY 158,338,606.25 for the first nine months of 2023, compared to a net outflow of CNY 970,508.15 in the same period last year[26]. - Cash flow from financing activities generated a net inflow of CNY 133,171,587.25, compared to a net inflow of CNY 235,214,870.66 in the previous year[26]. - The ending cash and cash equivalents balance as of Q3 2023 was CNY 56,118,225.01, an increase from CNY 32,589,261.33 at the end of Q3 2022[26]. Shareholder Information - The top shareholder, Zhou Dafu Investment Co., Ltd., holds 55.00% of the shares, totaling 71,389,900 shares[11]. Research and Development - The company reported a significant increase in research and development expenses, totaling ¥28,323,842.48 for the first three quarters of 2023, compared to ¥12,852,563.31 in the previous year, reflecting a growth of approximately 120.0%[20]. Acquisitions and Developments - The company completed the acquisition of Huiyin Wood Industry in March 2023, which significantly impacted financial data and indicators[9]. - The company has no significant new product launches or technological developments reported in this quarter[13].