Inform(SH:603066)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was CNY 271,393,477.75, representing a year-on-year increase of 26.38%[5] - The net profit attributable to shareholders for Q3 2023 was CNY 12,333,973.39, a decrease of 20.18% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 15,757,217.23, down 32.66% year-on-year[5] - Total operating revenue for the first three quarters of 2023 reached ¥968,738,900.24, a 34.0% increase from ¥723,462,798.07 in the same period of 2022[20] - Operating profit for the first three quarters of 2023 was ¥98,669,802.99, slightly up from ¥96,111,321.18 in the previous year[21] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥93,688,714.21, compared to ¥90,197,123.84 in the same period of 2022, reflecting a growth of 5.5%[21] - The total comprehensive income for the first three quarters of 2023 was ¥94,409,121.44, slightly down from ¥94,745,304.00 in the previous year[22] - The company's total operating costs for the first three quarters of 2023 were ¥902,978,138.12, a 33.6% increase from ¥675,495,124.50 in 2022[20] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to CNY 3,304,256,917.87, reflecting an increase of 8.70% from the end of the previous year[6] - Total current assets as of September 30, 2023, amount to RMB 2,387,204,547.75, an increase from RMB 2,117,528,045.36 as of December 31, 2022[16] - Total liabilities as of September 30, 2023, are RMB 1,969,388,576.15, up from RMB 1,773,376,671.47 at the end of 2022[17] - Non-current assets total RMB 917,052,370.12, slightly down from RMB 922,191,107.80 year-over-year[17] - The company has a goodwill of RMB 378,664,532.12, unchanged from the previous year[16] Shareholder Information - Total number of common shareholders at the end of the reporting period is 19,699[12] - The largest shareholder, Jingdezhen Ceramic Culture Tourism Holding Group Co., Ltd., holds 90,180,800 shares, accounting for 29.9% of total shares[13] Cash Flow - Cash flow from operating activities for the year-to-date was negative CNY 20,051,712.20, indicating a significant cash outflow[5] - In the first three quarters of 2023, the company's cash inflow from operating activities was CNY 796,268,307.02, a decrease of 4.4% compared to CNY 833,083,880.14 in the same period of 2022[24] - The net cash flow from operating activities turned negative at CNY -35,265,797.02, compared to a positive CNY 53,622,035.18 in the first three quarters of 2022[24] - Cash inflow from investment activities was CNY 381,231,108.48, down 28.6% from CNY 533,641,767.93 year-on-year[25] - The net cash flow from investment activities was CNY -30,974,105.65, an improvement from CNY -432,253,890.48 in the previous year[25] - Total cash inflow from financing activities was CNY 142,009,694.48, compared to CNY 182,500,000.00 in the same period last year[25] - The net cash flow from financing activities decreased to CNY 33,048,804.98 from CNY 97,654,141.78 year-on-year[25] - The company's cash and cash equivalents at the end of the period were CNY 160,769,119.66, down from CNY 218,792,316.57 at the end of the same period last year[25] Accounts Receivable and Financing - The company experienced a 40.34% increase in accounts receivable financing year-to-date, due to holding more low-risk bank acceptance bills[9] - Accounts receivable increased to RMB 770,650,146.67 from RMB 683,177,321.57 year-over-year[16] Construction and Borrowings - The company’s construction in progress increased by 38.40% year-to-date, primarily due to the construction of the Anhui Yinfly Phase II project and the Thailand factory[10] - Long-term borrowings increased by 61.34% year-to-date, mainly due to loans received from China Bank for acquisitions[10] - Short-term borrowings increased to RMB 40,000,000.00 from RMB 30,025,000.00 year-over-year[17] Research and Development - Research and development expenses increased significantly to ¥40,444,547.36 in 2023 from ¥23,372,601.59 in 2022, marking a 73.3% rise[21]