JHT(SH:603061)2023-10-27 16:00Financial Performance - Revenue for Q3 2023 was CNY 82,461,738.84, a decrease of 36.06% compared to the same period last year[5] - Net profit attributable to shareholders was CNY 7,760,608.38, down 83.23% year-on-year[5] - Basic earnings per share for Q3 2023 was CNY 0.13, a decline of 87.38% compared to the previous year[6] - The company reported a decrease of 86.26% in net profit after deducting non-recurring gains and losses for Q3 2023[10] - Total revenue for the first three quarters of 2023 was CNY 268,666,678.07, a decrease of 21.05% compared to CNY 340,038,784.79 in the same period of 2022[19] - Operating profit for the third quarter was CNY 57,417,828.83, down 60.32% from CNY 144,759,703.43 in the previous year[20] - Net profit for the third quarter was CNY 52,719,545.53, a decline of 57.25% compared to CNY 123,065,231.86 in the same quarter of 2022[21] - The total comprehensive income for Q3 2023 was CNY 52,831,337.88, a decrease from CNY 123,663,681.87 in Q3 2022[22] - Basic and diluted earnings per share for Q3 2023 were CNY 0.93, down from CNY 2.73 in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,563,999,748.02, an increase of 91.40% from the end of the previous year[6] - The company's total assets reached CNY 1,563,999,748.02, significantly higher than CNY 817,116,844.53 from the previous year, marking an increase of 91.01%[17] - Total liabilities decreased to CNY 197,217,830.34 from CNY 234,378,139.64, a reduction of 15.85%[17] - Equity attributable to shareholders increased by 134.54% to CNY 1,366,781,917.68 due to the issuance of 15 million A-shares[10] - The equity attributable to shareholders increased to CNY 1,366,781,917.68, up from CNY 582,738,704.89, reflecting an increase of 134.69%[17] Cash Flow - Cash flow from operating activities showed a significant decline of 355.73% year-to-date, indicating reduced cash receipts from sales[10] - Cash inflows from operating activities for the first three quarters of 2023 totaled CNY 216,599,975.30, compared to CNY 295,820,466.01 in 2022, reflecting a decline of approximately 26.7%[23] - The net cash flow from operating activities for Q3 2023 was negative CNY 83,659,859.81, contrasting with a positive CNY 32,713,704.32 in Q3 2022[23] - Cash inflows from investment activities in the first three quarters of 2023 amounted to CNY 1,169,609,519.02, significantly higher than CNY 260,798,940.45 in the previous year[23] - The net cash flow from investment activities for Q3 2023 was negative CNY 354,182,850.15, compared to negative CNY 53,781,184.49 in Q3 2022[23] - Cash inflows from financing activities in Q3 2023 were CNY 786,650,000.00, a substantial increase from CNY 10,000,000.00 in the same period last year[23] - The net increase in cash and cash equivalents for Q3 2023 was CNY 276,531,489.85, compared to a decrease of CNY 22,511,721.32 in Q3 2022[23] - The ending balance of cash and cash equivalents as of Q3 2023 was CNY 379,817,184.34, up from CNY 165,653,020.00 at the end of Q3 2022[23] Shareholder Information - The number of shareholders at the end of the reporting period was 11,761, with the top 10 shareholders holding significant stakes[12] - The largest shareholder, 崔学峰, holds 8,511,132 shares, representing 14.19% of total shares, with 1,635,000 shares pledged[12] - The total number of shares held by the top 10 unrestricted shareholders was 607,594, indicating a diverse shareholder base[13] Market and Operational Strategies - The decline in revenue and profit was attributed to reduced market demand and increased expenses[10] - The company has not disclosed any new product developments or market expansion strategies in this report[10] - There were no significant mergers or acquisitions mentioned in the current financial report[10] - The company is actively exploring market expansion opportunities and new product development strategies[14] - The company has not reported any significant changes in its operational strategies during the reporting period[14] Research and Development - Research and development expenses for the third quarter were CNY 30,455,380.77, compared to CNY 26,338,106.95 in the previous year, indicating an increase of 8.05%[20] Deferred Tax and Financial Income - Deferred tax assets increased to CNY 8,100,395.76 from CNY 5,843,396.55, representing an increase of 38.56%[17] - The company reported a financial income of CNY 4,971,791.93, significantly higher than CNY 823,691.56 from the previous year[20] Inventory and Receivables - Accounts receivable increased to ¥270,930,779.89 from ¥177,833,669.97, representing a growth of approximately 52%[15] - Inventory levels rose to ¥329,469,449.64, up from ¥285,450,364.41, which is an increase of about 15%[15] - The company reported trading financial assets of ¥330,966,879.44, compared to ¥90,065,250.00 at the end of 2022, marking a substantial increase of approximately 267%[15]