丽尚国潮(600738) - 2023 Q3 - 季度财报

Financial Performance - The company's operating revenue for Q3 2023 was ¥222,692,319.04, representing a year-on-year increase of 15.56%[2] - The net profit attributable to shareholders for Q3 2023 was ¥32,981,283.42, with a year-to-date decrease of 36.21% to ¥78,003,039.31[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 167.38% in Q3 2023, totaling ¥31,328,865.94[2] - Net profit for Q3 2023 was CNY 77,096,914.41, a decrease of 36.7% compared to CNY 121,701,761.75 in Q3 2022[16] - Operating profit for Q3 2023 was CNY 126,509,157.08, down from CNY 148,925,041.27 in the same period last year, reflecting a decline of 15%[16] - Total revenue from operating activities for the first three quarters of 2023 reached CNY 1,142,207,904.08, an increase of 26.8% compared to CNY 900,980,912.30 in the first three quarters of 2022[18] - Total comprehensive income for Q3 2023 was CNY 77,096,914.41, a decrease of 36.7% from CNY 121,701,761.75 in Q3 2022[17] - For the first three quarters of 2023, the company reported a net loss of CNY 45,333,830.98, compared to a net profit of CNY 98,944,156.20 in the same period of 2022, marking a significant downturn[24] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period decreased by 74.95%, amounting to ¥29,152,625.02[2] - Cash flow from operating activities for Q3 2023 was CNY 29,152,625.02, significantly lower than CNY 116,372,204.82 in Q3 2022, indicating a decline of 75%[19] - The total cash and cash equivalents at the end of Q3 2023 amounted to CNY 372,201,759.10, down from CNY 409,412,431.24 at the end of Q3 2022[19] - The company's cash flow from operating activities showed a notable increase in cash outflows, with total cash outflows reaching CNY 4,912,976.70 in 2023 compared to CNY 2,161,023.59 in 2022[25] - Cash and cash equivalents as of September 30, 2023, amounted to RMB 438,765,216.56, up from RMB 299,662,208.26 at the end of 2022, reflecting a growth of approximately 46.5%[11] - Cash inflow from financing activities amounted to $232,270,160.00[26] - Cash outflow for dividend distribution and interest payments was $63,735,509.47[26] - The net increase in cash and cash equivalents was -$6,968,430.87, compared to an increase of $182,934,346.66 in the previous period[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,622,719,293.93, a decrease of 1.01% compared to the end of the previous year[3] - Total assets as of September 30, 2023, were RMB 3,622,719,293.93, slightly down from RMB 3,659,755,735.26 at the end of 2022[12] - Total liabilities decreased to RMB 1,674,155,347.62 from RMB 1,741,192,576.46, indicating a reduction of about 3.9%[13] - The company's total liabilities as of September 30, 2023, were CNY 762,085,291.33, slightly down from CNY 764,901,054.28 at the end of 2022, indicating a decrease of about 0.4%[22] - The total equity decreased from CNY 2,027,392,804.16 at the end of 2022 to CNY 1,933,162,846.28 as of September 30, 2023, representing a decline of approximately 4.6%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 20,270[7] - The basic earnings per share for the year-to-date period decreased by 38.65% to ¥0.10[2] - The company reported a basic and diluted earnings per share of CNY 0.10 for Q3 2023, down from CNY 0.16 in Q3 2022[17] Operational Efficiency - The company reported a significant increase in the rental efficiency of its subsidiary, contributing to the improved net profit from operations[5] - Total operating costs decreased to RMB 512,182,010.72 from RMB 566,784,695.02 year-on-year, indicating a reduction of about 9.6%[15] - Accounts receivable increased to RMB 131,175,115.44 from RMB 58,514,673.41, showing a significant rise of about 124.3%[11] - Inventory decreased to RMB 70,826,442.34 from RMB 194,570,189.11, a decline of approximately 63.6%[11] - The company's management expenses increased to CNY 3,149,296.57 in the first three quarters of 2023, up from CNY 2,084,770.25 in the same period of 2022, reflecting a rise of approximately 51.2%[24] Investment Activities - Cash flow from investment activities generated a net inflow of CNY 155,796,956.69 in Q3 2023, compared to a net outflow of CNY 37,948,928.73 in Q3 2022[19] - Investment activities generated a net cash inflow of CNY 75,078,935.78 in the first three quarters of 2023, compared to CNY 16,486,778.90 in the same period of 2022, indicating a substantial increase in investment returns[25] - Long-term investments slightly decreased to RMB 103,238,375.70 from RMB 106,524,871.07, a decline of about 3.1%[11] Market and Product Development - The company has not reported any significant new product developments or market expansions during the reporting period[9] - The company experienced a substantial decline in the fair value changes of its holdings in Lanzhou Bank, impacting overall profitability[5] - The company reported a significant decline in fair value gains, with a loss of CNY -42,292,399.00 in 2023 compared to a gain of CNY 95,911,597.00 in 2022[24]