CJJG(SH:600496)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 3,829,757,690, representing a year-on-year increase of 0.44% compared to CNY 3,776,456,078 in the same period last year[5]. - The net profit attributable to shareholders of the listed company decreased by 46.80% to CNY 144,677,698.1 from CNY 272,675,549 in the previous year[5]. - The basic earnings per share for Q3 2023 was CNY 0.0718, down 46.85% from CNY 0.1355 in the same period last year[5]. - The diluted earnings per share decreased by 50.81% to CNY 0.0670 from CNY 0.1221 in the previous year[5]. - Net profit for the third quarter of 2023 was ¥553,285,141.46, down from ¥661,880,706.31 in the same quarter of 2022, representing a decline of approximately 16.4%[22]. - The profit attributable to shareholders of the parent company for the third quarter of 2023 was ¥535,712,409.24, compared to ¥651,700,780.84 in the previous year, a decrease of around 17.8%[22]. - Total comprehensive income for Q3 2023 reached ¥602,414,937.22, up from ¥428,508,516.25 in Q3 2022, representing a year-over-year increase of approximately 40.5%[23]. Assets and Liabilities - The total assets at the end of Q3 2023 were CNY 21,686,416,419.63, reflecting a decrease of 1.90% from CNY 22,106,335,250.05 at the end of the previous year[7]. - Total assets as of September 30, 2023, amounted to RMB 21,686,416,419.63, a decrease from RMB 22,106,335,250.05 at the end of 2022[16]. - The total liabilities decreased to ¥13,127,065,779.34 in Q3 2023 from ¥14,102,421,001.72 in Q3 2022, showing a reduction of approximately 6.9%[21]. - Current liabilities totaled RMB 10,872,562,598.28, down from RMB 11,279,209,478.57, showing a reduction of approximately 3.6%[17]. - The company’s total liabilities increased, with cash outflow for debt repayment amounting to ¥1,617,475,000.00 in Q3 2023, compared to ¥2,075,531,189.39 in Q3 2022, indicating a decrease of about 22.1%[24]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY -362,263,411, an improvement of 35.75% compared to CNY -570,693,221.6 in the previous year[5]. - Net cash flow from operating activities for the first three quarters of 2023 was negative at ¥362,263,411.15, an improvement from negative ¥563,839,718.97 in the same period of 2022[24]. - Cash inflow from operating activities totaled ¥12,361,181,615.28 for the first nine months of 2023, compared to ¥11,837,902,764.19 in 2022, indicating a growth of approximately 4.4%[24]. - Cash outflow from investing activities was ¥198,486,840.87 in the first three quarters of 2023, significantly lower than ¥481,752,480.21 in the same period of 2022, showing a reduction of about 58.7%[24]. - Net cash flow from financing activities was negative at ¥557,037,669.82 in Q3 2023, contrasting with a positive inflow of ¥1,529,366,320.25 in Q3 2022[24]. Shareholder Information - The equity attributable to shareholders of the listed company increased by 6.76% to CNY 8,516,282,421.18 from CNY 7,976,827,286.85 at the end of the previous year[7]. - The company has a significant portion of its shares pledged, with 200,000,000 shares from a major shareholder[14]. - The top ten shareholders hold a combined 50.4% of the total shares, indicating concentrated ownership[14]. Business Strategy and Development - The decline in net profit was primarily due to a decrease in the proportion of revenue from high-margin EPC and franchise business[11]. - The company is focused on expanding its market presence and enhancing product development strategies[15]. - The company plans to continue focusing on market expansion and new product development to drive future growth[22]. - Research and development expenses for the first three quarters of 2023 were ¥471,254,842.74, slightly up from ¥439,513,808.71 in the same period of 2022, indicating an increase of approximately 7.2%[21].