LZCIC(SH:600423)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 36,719,790.20, a decrease of 6.73% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2023 was CNY 8,924,133.17, with a year-to-date increase of 45.64% to CNY 11,156,439.83[6]. - The basic earnings per share for Q3 2023 was CNY 0.011, reflecting a 40.00% increase year-to-date[6]. - Operating revenue for the first three quarters of 2023 was CNY 92,985,833.38, down 12% from CNY 105,526,515.22 in the same period of 2022[20]. - The net profit for the first three quarters of 2023 was CNY 11,156,439.83, compared to CNY 7,660,398.56 in the previous year, indicating a significant increase of approximately 45%[21]. - The basic earnings per share for the first three quarters of 2023 was CNY 0.014, compared to CNY 0.010 in the same period of 2022, representing a 40% increase[22]. Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 530,835,137.97, representing a 3.45% increase from the end of the previous year[7]. - The company's total assets as of September 30, 2023, amounted to CNY 530,835,137.97, an increase from CNY 513,141,913.12 at the end of 2022, representing a growth of approximately 3.4%[15]. - Total liabilities rose to CNY 83,458,281.02 from CNY 76,311,285.04, reflecting an increase of approximately 9%[16]. - The total equity of the company increased to CNY 447,376,856.95 from CNY 436,830,628.08, showing a growth of approximately 2.5%[17]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 19,735,845.21, an increase of 34.13%[6]. - Operating cash inflow for the first three quarters of 2023 reached CNY 78,764,955.96, an increase of 6.8% compared to CNY 74,247,396.81 in the same period of 2022[24]. - Net cash flow from operating activities for the first three quarters of 2023 was CNY 19,735,845.21, up 33.7% from CNY 14,714,004.22 in the first three quarters of 2022[24]. - The net increase in cash and cash equivalents for the third quarter of 2023 was CNY 12,306,147.49, compared to CNY 9,066,843.07 in the same quarter of 2022, reflecting a growth of 35.8%[25]. - The ending balance of cash and cash equivalents as of the end of the third quarter of 2023 was CNY 392,787,219.30, up from CNY 371,375,569.40 at the end of the third quarter of 2022[25]. - Cash outflow for investment activities in the first three quarters of 2023 was CNY 7,434,178.30, an increase of 31.5% compared to CNY 5,652,917.06 in the same period of 2022[24]. - The net cash flow from investment activities for the first three quarters of 2023 was -CNY 7,434,178.30, worsening from -CNY 5,652,917.06 in the first three quarters of 2022[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,229[12]. - The largest shareholder, LiuZhou YuanTong Investment Development Co., Ltd., held 25.22% of the shares[12]. Operational Insights - The company did not receive any government subsidies related to its normal operations during Q3 2023[9]. - The company's inventory as of September 30, 2023, was CNY 7,748,282.70, up from CNY 4,949,831.81, marking a growth of about 56%[15]. - The company's cash and cash equivalents increased to CNY 420,967,243.20 from CNY 408,580,137.82, showing a growth of about 3.4%[15]. - The company reported a decrease in sales expenses to CNY 445,719.67 from CNY 350,191.07, indicating a strategic effort to optimize costs[20]. - Cash outflow for employee payments increased to CNY 7,282,092.70 in the first three quarters of 2023, compared to CNY 6,882,227.80 in the same period of 2022[24]. - The company did not report any cash inflow from financing activities in the provided data[25]. - The impact of exchange rate changes on cash and cash equivalents was CNY 4,480.58 for the third quarter of 2023, down from CNY 5,755.91 in the same quarter of 2022[25]. - The company's research and development expenses were not explicitly stated, but management indicated a focus on innovation and new product development[20].