SJY.(SH:600676)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥1,502,464,416.81, a decrease of 17.31% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥33,737,644.15, representing a 37.90% increase in loss compared to the previous year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥52,320,518.47, an increase of 22.40% in loss compared to the same period last year[5]. - Total revenue for the first three quarters of 2023 was CNY 3,833,369,503.54, a decrease of 9.16% compared to CNY 4,220,106,399.94 in the same period of 2022[22]. - The company reported a net profit of CNY 6,674,054.40 for the first three quarters of 2023, compared to CNY 688,553.15 in the same period of 2022[22]. - The net profit for Q3 2023 was -85,252,377.86 RMB, compared to -283,531,067.60 RMB in Q3 2022, showing an improvement of approximately 70% year-over-year[23]. - Operating profit for Q3 2023 was -77,123,869.50 RMB, an improvement from -321,303,305.67 RMB in the same period last year[23]. - The company reported a gross loss of CNY 6,896,243.18 for the first three quarters of 2023, compared to a gross profit of CNY 12,558,800.99 in the same period of 2022[33]. Cash Flow - The cash flow from operating activities was ¥67,831,494.52, an increase of 211.38% compared to the same period last year[6]. - Cash flow from operating activities for the first three quarters of 2023 was 188,330,015.10 RMB, a significant recovery from -126,520,528.49 RMB in the first three quarters of 2022[27]. - Total cash inflow from operating activities in Q3 2023 was 4,839,781,639.25 RMB, down from 5,350,040,173.44 RMB in Q3 2022, representing a decrease of approximately 9.5%[27]. - Cash flow from investing activities for the first three quarters of 2023 was -100,520,853.17 RMB, worsening from -45,654,746.99 RMB in the same period last year[27]. - Cash flow from financing activities in Q3 2023 resulted in a net outflow of -2,874,853.91 RMB, compared to -1,560,445.54 RMB in Q3 2022[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥7,733,245,896.93, a decrease of 1.40% from the end of the previous year[6]. - The equity attributable to shareholders at the end of the reporting period was ¥5,438,159,101.21, a decrease of 1.61% from the end of the previous year[6]. - Total liabilities decreased to CNY 2,283,406,648.81 in Q3 2023 from CNY 2,314,916,415.59 in the previous year[19]. - The company’s total liabilities decreased from CNY 370,212,908.42 to CNY 329,360,692.13, a decline of about 11.01%[32]. - Total assets as of Q3 2023 amounted to 7,842,770,374.12, a decrease from 7,912,798,590.16 in the previous year[41]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,971, indicating a stable shareholder base[14]. - The top ten shareholders collectively hold 476.59 million shares, with Shanghai Jiushi (Group) Co., Ltd. being the largest shareholder at 373.77 million shares, representing 36.34% of total shares[14]. Research and Development - The company reported a 32.42% decrease in R&D expenses year-to-date due to a reduction in sales revenue and product volume[11]. - Research and development expenses decreased to CNY 33,711,998.61 in 2023 from CNY 49,886,635.60 in 2022, reflecting a reduction of 32.4%[22]. - Research and development expenses increased from CNY 17,450.00 in 2022 to CNY 71,770.00 in 2023, reflecting a significant investment in innovation[33]. Future Outlook - The company plans to enhance its market expansion strategies and invest in new technologies to drive future growth, although specific figures were not provided in the documents[23].