KJS(SH:601579)2022-10-26 16:00Financial Performance - The company's operating revenue for Q3 2022 was ¥270,515,952.42, representing a year-on-year increase of 15.72%[2] - The net profit attributable to shareholders for Q3 2022 was ¥22,039,796.27, a significant increase of 124.34% compared to the same period last year[2] - The basic earnings per share for Q3 2022 was ¥0.05, reflecting a 150.00% increase year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥13,111,938.95, an increase of 46.15% year-on-year[8] - The net profit for Q3 2022 was CNY 100,209,961.86, representing an increase of 1.63% compared to CNY 98,602,452.95 in Q3 2021[24] - The operating profit for Q3 2022 was CNY 134,109,599.46, slightly down from CNY 135,012,606.94 in the same period last year[24] - The total comprehensive income for Q3 2022 was CNY 100,209,961.86, slightly higher than CNY 98,602,452.95 in the same quarter of the previous year[26] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,355,061,170.28, a decrease of 2.81% from the end of the previous year[2] - As of September 30, 2022, the company's total assets amounted to CNY 4,355,061,170.28, a decrease from CNY 4,480,824,564.34 at the end of 2021, reflecting a decline of approximately 2.8%[20] - The company's total liabilities decreased from CNY 823,887,620.74 to CNY 683,708,408.44, representing a reduction of about 17%[22] - The company's cash and cash equivalents decreased to CNY 485,501,878.65 from CNY 552,761,262.31, a decline of about 12.1%[20] - Accounts receivable increased significantly to CNY 150,523,215.43 from CNY 78,205,742.03, marking an increase of approximately 92.3%[20] - Inventory levels slightly decreased to CNY 1,178,317,762.19 from CNY 1,194,866,289.14, a reduction of about 1.4%[20] - The company's non-current assets totaled CNY 2,502,096,989.73, down from CNY 2,547,106,092.94, reflecting a decrease of approximately 1.8%[21] - The company's retained earnings increased to CNY 1,401,538,197.25 from CNY 1,390,965,343.83, showing a growth of about 0.8%[22] Shareholder Information - The company reported a total of 52,937 common shareholders at the end of the reporting period[9] - The company held 17,896,591 shares in its repurchase account, reducing the total outstanding shares to 479,463,409[4] - The controlling shareholder, Jinggong Group, holds 164 million shares of the company, accounting for 32.97% of the total share capital, which has been judicially frozen and is undergoing reorganization[13] - As of June 30, 2022, Jinggong Group's management signed a reorganization investment agreement with Zhongjian Xinkong Group, with an investment consideration of approximately RMB 1.87 billion to acquire 149.16 million shares of the company, representing 29.99% of the total share capital[18] - The company’s repurchase account holds 17,896,591 shares, accounting for 3.60% of the total share capital, with no changes during the reporting period[12] - The company has not disclosed any other significant financing or margin trading activities involving the top ten shareholders during the reporting period[12] - The company has not reported any changes in the shareholding structure or actual controllers as a result of the ongoing reorganization process[18] Reorganization and Audit - The company is currently under a non-standard audit opinion due to the ongoing reorganization of its controlling shareholder, which introduces significant uncertainty regarding future operations[14] - The reorganization process for Jinggong Group has been ongoing since September 2019, with multiple creditor meetings held to discuss the management and restructuring plans[15] - The management of Jinggong Group has been actively seeking investors for its reorganization, with one successful investor identified as Zhongjian Xinkong Group[16] - The financial statements have been issued with an emphasis on the uncertainties surrounding the reorganization of Jinggong Group, which may impact the company's future financial health[13] - The company continues to monitor the developments related to the reorganization and will provide updates as necessary[14] Operating Activities - The net cash flow from operating activities for the year-to-date was ¥48,690,808.64[2] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 48,690,808.64, a significant improvement from a negative CNY 54,691,746.81 in the same period of 2021[28] - Total revenue from sales for the first three quarters of 2022 was CNY 852,930,659.63, compared to CNY 866,779,144.81 in the previous year[28] - The company's financial expenses showed a significant decrease, with interest expenses at CNY 1,871,521.42 compared to CNY 3,790,004.71 in the previous year[24] - The total operating costs for the first three quarters of 2022 were CNY 690,390,256.77, up from CNY 666,900,753.90 in 2021, indicating an increase of approximately 3.5%[23] - The company reported a decrease in sales expenses to CNY 80,647,164.17 from CNY 81,003,446.42 year-over-year[24] - Research and development expenses increased to CNY 11,312,311.56, up from CNY 10,489,524.02, indicating a focus on innovation[24]