SNW(SH:600628)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥274,175,475.07, representing a year-on-year increase of 10.73%[3] - The net profit attributable to shareholders for Q3 2023 was ¥13,574,033.85, showing a significant increase of 18,005.23% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,396,597.35, reflecting a substantial increase of 681.92% year-on-year[3] - The company's basic earnings per share for Q3 2023 was ¥0.02, a 100% increase year-on-year[3] - Net profit attributable to shareholders increased by 18,005.23% in the current reporting period, reflecting significant profit growth[7] - The net profit attributable to shareholders, excluding non-recurring gains and losses, rose by 681.92% in the current reporting period[7] - Basic earnings per share for the current period increased by 100.00%, reflecting the rise in company profits[7] - Total operating revenue for the first three quarters of 2023 reached ¥806,498,128.72, a significant increase of 38.8% compared to ¥581,437,386.21 in the same period of 2022[15] - Operating profit improved to ¥67,322,918.48, contrasting with a loss of ¥45,756,029.27 in the first three quarters of 2022[15] - Net profit for the first three quarters of 2023 was ¥51,664,479.43, compared to a net loss of ¥31,667,898.37 in the same period last year[15] - The company achieved a total profit of ¥64,786,065.50, recovering from a loss of ¥32,489,212.93 in the first three quarters of 2022[15] Cash Flow - The company reported a net cash flow from operating activities of ¥135,466,466.45 for the year-to-date, an increase of 768.49% compared to the previous year[3] - The net cash flow from operating activities increased by 768.49% year-to-date, indicating strong operational performance[7] - The net cash flow from operating activities for the first three quarters of 2023 was ¥135,466,466.45, a significant improvement compared to a net outflow of ¥20,264,441.83 in the same period of 2022[16] - Total cash inflow from operating activities increased to ¥980,522,004.23, up from ¥743,729,523.32 in the first three quarters of 2022, representing a growth of approximately 32%[16] - Cash outflow from operating activities rose to ¥845,055,537.78, compared to ¥763,993,965.15 in the previous year, indicating an increase of about 10.6%[16] - The company’s total cash inflow from operating activities was significantly higher than cash outflow, indicating a positive operational cash flow trend[16] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥5,690,617,217.02, a slight decrease of 0.44% from the end of the previous year[3] - As of September 30, 2023, total assets amounted to CNY 5,690,617,217.02, a slight decrease from CNY 5,715,539,279.37 at the end of 2022[11] - Current assets totaled CNY 2,210,301,172.38, showing a marginal increase from CNY 2,189,393,633.19 year-over-year[11] - Total liabilities decreased to CNY 1,446,338,732.03 from CNY 1,504,018,868.42, reflecting a reduction of about 3.9%[12] - The company's equity attributable to shareholders increased to CNY 4,239,795,839.37 from CNY 4,208,100,410.95, indicating a growth of approximately 0.76%[12] - The company reported a decrease in short-term borrowings to CNY 580,447,166.67 from CNY 630,590,333.34, a decline of about 7.9%[12] - Non-current liabilities decreased to CNY 26,318,173.09 from CNY 28,269,081.43, a reduction of approximately 6.9%[12] Revenue Drivers - The company's revenue growth was primarily driven by improved performance in the department store and hotel sectors, with a year-to-date revenue increase of 38.71%[6] - The company's operating revenue increased by 38.71% year-to-date, driven by better performance in the department store and hotel sectors[7] Expenses - The company reported a total operating cost of ¥752,659,408.68, which is an increase of 15.9% from ¥648,836,737.54 in 2022[15] - Sales expenses increased to ¥90,431,913.63, up from ¥81,395,218.72 in the previous year, reflecting a rise of 12.7%[15] - Management expenses rose to ¥146,741,997.64, compared to ¥112,855,442.39 in the same period last year, indicating a 30.1% increase[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 33,502[9] - The largest shareholder, Shanghai Huangpu District State-owned Assets Supervision and Administration Commission, holds 20.73% of the shares[9] Investment Activities - Cash received from investment activities decreased by 35.92% due to lower funds available for investment in wealth management products[7] - The cash flow from investment activities showed a net outflow of ¥208,766,600.78, a decline from a net inflow of ¥413,214,129.98 in the same period last year[16] - Cash inflow from investment activities totaled ¥2,899,387,330.44, down from ¥4,525,756,620.17 in the first three quarters of 2022, reflecting a decrease of approximately 36%[16] - The company raised ¥1,003,200.48 from new investments, while cash inflow from borrowings was ¥592,000,000.00, down from ¥630,000,000.00 in the previous year[16] - The net cash flow from financing activities was negative at ¥52,775,267.35, an improvement from a net outflow of ¥257,335,219.03 in the same period of 2022[16] Other Comprehensive Income - Other comprehensive income after tax was reported at -¥318,564.63, an improvement from -¥3,136,572.43 in the same period of 2022[15]