TJKJ(SH:600846)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥1,463,398,510.57, representing a year-on-year increase of 48.56%[4] - The net profit attributable to shareholders for Q3 2023 was ¥85,457,156.42, a decrease of 19.36% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥64,587,812.50, down 29.76% year-on-year[4] - Total operating revenue for Q3 2023 reached ¥4,513,509,197.52, a significant increase from ¥2,133,365,936.14 in Q3 2022, representing a growth of approximately 111.2%[19] - Operating profit for Q3 2023 was ¥328,664,189.66, compared to ¥223,185,434.19 in the same period last year, indicating a year-over-year increase of about 47.4%[19] - Net profit attributable to shareholders of the parent company for Q3 2023 was ¥283,282,073.38, up from ¥186,132,545.04 in Q3 2022, reflecting a growth of approximately 52.1%[20] - Basic and diluted earnings per share for Q3 2023 were both ¥0.45, compared to ¥0.30 in Q3 2022, marking a 50% increase[20] Assets and Liabilities - Total assets at the end of Q3 2023 were ¥8,776,253,982.56, a decrease of 19.02% from the end of the previous year[5] - The company's current assets totaled RMB 7,448,942,592.18, down from RMB 9,486,512,151.65, indicating a decrease of about 21.7%[14] - Cash and cash equivalents decreased to RMB 3,222,606,987.67 from RMB 4,458,621,683.51, representing a decline of approximately 27.8%[14] - The company's total liabilities were RMB 4,897,718,882.94, down from RMB 7,238,340,866.95, showing a reduction of about 32.3%[16] - The company's inventory decreased to RMB 2,158,044,598.54 from RMB 2,790,817,979.84, a decline of about 22.6%[14] - The accounts receivable stood at RMB 749,878,293.20, slightly down from RMB 796,236,836.12, indicating a decrease of approximately 5.8%[14] - The company reported a significant drop in contract liabilities from RMB 3,053,795,900.93 to RMB 1,001,881,048.45, a decrease of about 67.2%[15] Cash Flow - The net cash flow from operating activities for the year-to-date period was -¥1,359,971,597.02, a decrease of 175.66% compared to the previous year[4][8] - The company reported a net cash outflow from operating activities of ¥1,359,971,597.02 for the first nine months of 2023, compared to a net inflow of ¥1,797,433,190.32 in the same period of 2022[23] - Cash and cash equivalents at the end of Q3 2023 totaled ¥3,151,140,241.17, down from ¥4,069,656,866.83 at the end of Q3 2022, a decrease of about 22.5%[24] - The net cash inflow from financing activities for Q3 2023 was ¥88,899,060.33, compared to a net outflow of ¥601,856,813.73 in Q3 2022, showing a significant turnaround[24] Investments and Expenses - The company reported investment income of ¥55,745,664.57 in Q3 2023, compared to ¥49,285,340.18 in Q3 2022, reflecting an increase of about 13.4%[19] - The company incurred research and development expenses of ¥26,084,258.80 in Q3 2023, slightly up from ¥24,728,135.70 in Q3 2022, indicating a year-over-year increase of about 5.5%[19] Shareholder Matters - The company did not pass several key resolutions at the recent shareholder meeting, which may impact future strategic initiatives and governance improvements[12] Non-Recurring Gains - The company reported non-recurring gains of ¥20,869,343.92 for Q3 2023, down from ¥57,254,136.18 in the previous year[7] - The increase in operating revenue is primarily attributed to the higher settlement of real estate projects compared to the same period last year[4][7]