KJS(SH:601579)2023-10-26 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 313,028,638.87, representing a year-over-year increase of 15.72%[3] - The net profit attributable to shareholders for Q3 2023 was CNY 24,872,296.07, up 12.85% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 71.77% to CNY 22,522,334.22 in Q3 2023, driven by increased operating revenue[7] - Total operating revenue for the first three quarters of 2023 reached ¥935,192,821.77, an increase of 14.7% compared to ¥815,061,639.61 in the same period of 2022[17] - Net profit for the first three quarters of 2023 was ¥106,114,826.02, representing a 5.8% increase from ¥100,209,961.86 in the same period of 2022[18] - The total profit for the first three quarters of 2023 was ¥142,235,504.39, an increase from ¥132,090,365.89 in the same period of 2022[18] Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,291,340,653.89, a decrease of 5.40% from the end of the previous year[3] - The company's current assets totaled RMB 1,843,637,716.27, down from RMB 2,024,526,471.40, indicating a decrease of about 8.9%[13] - The total liabilities decreased to RMB 616,847,857.96 from RMB 821,520,229.39, a decline of about 25%[14] - The company reported a decrease in total equity attributable to shareholders, which was CNY 3,645,003,454.43, down 1.10% from the previous year-end[3] - The company's equity attributable to shareholders decreased to RMB 3,645,003,454.43 from RMB 3,685,456,451.89, reflecting a decrease of approximately 1.1%[16] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 43,412,509.05, reflecting a decrease of 10.84% compared to the same period last year[3] - Cash flow from operating activities for the first three quarters of 2023 was ¥43,412,509.05, a decrease from ¥48,690,808.64 in the same period of 2022[21] - The net cash flow from investment activities was -RMB 74,371,598.98, compared to -RMB 11,449,667.96 in the previous period[22] - Cash inflow from financing activities totaled RMB 70,000,000.00, down from RMB 105,000,000.00 in the previous period[22] - The net cash flow from financing activities was -RMB 170,096,186.58, compared to -RMB 103,132,810.04 in the previous period[22] - The net increase in cash and cash equivalents was -RMB 200,896,290.74, compared to -RMB 65,891,669.36 in the previous period[22] - The ending balance of cash and cash equivalents was RMB 503,094,177.57, compared to RMB 483,056,242.31 in the previous period[22] Earnings and Expenses - The basic earnings per share for Q3 2023 was CNY 0.06, an increase of 20.00% year-over-year[3] - Earnings per share for the first three quarters of 2023 was ¥0.22, compared to ¥0.21 in the same period of 2022[18] - Total operating costs increased to ¥795,119,209.87, up 15.1% from ¥690,390,256.77 in the previous year, with operating costs specifically rising to ¥527,793,359.33, a 8.1% increase from ¥488,249,342.99[17] - Research and development expenses increased to ¥14,392,967.29, compared to ¥11,312,311.56 in the same period of 2022, reflecting a focus on innovation[17] - The company reported a decrease in other income to ¥6,191,035.72 from ¥8,390,816.47 in the previous year[17] - The company experienced a decrease in financial expenses, with interest expenses reported at ¥1,212,332.67, down from ¥1,871,521.42 in the previous year[17] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 1,997,833.27 in Q3 2023, contributing to its financial performance[4] - The total non-recurring gains and losses for Q3 2023 amounted to CNY 2,349,961.85, down from CNY 6,262,909.12 in the previous year[4] Investment Activities - Kuaijishan has established an industrial investment fund with a total scale of RMB 50 million, contributing RMB 44.5 million as a limited partner, which is 89% of the fund[11] - The company is focusing on investments in the yellow wine sector and related projects through the newly established investment fund[11]