CBMT(SH:603099)2023-10-19 16:00Financial Performance - The company's operating revenue for Q3 2023 reached ¥329,768,116.12, representing a 147.57% increase compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was ¥139,396,365.11, marking a 202.30% increase year-over-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥138,706,895.78, reflecting a 211.48% increase compared to the previous year[5] - The basic earnings per share for Q3 2023 was ¥0.52, an increase of 207.49% year-over-year[5] - The diluted earnings per share for Q3 2023 was also ¥0.52, showing a 207.49% increase compared to the same period last year[5] - Total operating revenue for the first three quarters of 2023 reached ¥497,437,781.46, a significant increase from ¥160,789,204.61 in the same period of 2022, representing a growth of approximately 209.5%[30] - Net profit for the first three quarters of 2023 was ¥151,646,410.80, a turnaround from a net loss of ¥25,561,444.03 in the same period of 2022[36] - Earnings per share for the first three quarters of 2023 were ¥0.57, compared to a loss per share of ¥0.10 in 2022[36] - The total comprehensive income for the first three quarters of 2023 was ¥110,455,208.72, compared to a loss of ¥26,955,558.97 in the same period of 2022, reflecting a strong recovery[55] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥1,260,332,154.33, which is a 17.76% increase from the end of the previous year[7] - The total liabilities as of September 30, 2023, were RMB 200,047,758.84, up from RMB 161,255,819.02 at the end of 2022, representing a rise of approximately 24.0%[28] - The total liabilities as of the reporting date were ¥203,845,377.91, up from ¥164,088,070.82 in the previous year[30] - The total assets reached RMB 1,260,332,154.33, compared to RMB 1,070,291,673.14 at the end of 2022, indicating an increase of about 17.7%[28] - The total equity attributable to shareholders reached ¥1,056,486,776.42, compared to ¥906,203,602.32 in the same period of 2022, reflecting an increase of approximately 16.6%[30] Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥257,879,375.13, a significant increase of 1,087.43% compared to the same period last year[5] - Cash flow from operating activities for the first three quarters of 2023 was ¥257,879,375.13, a substantial increase from ¥21,717,486.99 in the same period of 2022[39] - The cash inflow from financing activities totaled 59,079,125.55 RMB, while cash outflow was 10,700,256.10 RMB, resulting in a net cash flow of 48,378,869.45 RMB[42] - The company’s cash and cash equivalents at the end of the third quarter of 2023 amounted to ¥138,537,563.82, up from ¥54,653,255.92 at the end of the same period in 2022, showing improved liquidity[57] Shareholder Information - The company reported a total of 20,437 common shareholders as of the end of the reporting period[22] - The top ten shareholders held a combined 75.0% of the total shares, with Jilin Province Changbai Mountain Development Group holding 59.4%[22] - The company has no pledged, marked, or frozen shares among the top ten shareholders[22] Market and Growth Strategy - The company reported a substantial increase in visitor numbers to its scenic areas, which significantly contributed to the growth in operating revenue[14] - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[24] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[32] Expenses - Total operating costs for the first three quarters of 2023 were ¥300,012,711.79, compared to ¥188,061,708.80 in 2022, indicating an increase of about 59.5%[33] - The company reported a significant increase in sales expenses, totaling ¥13,309,324.75 in 2023 compared to ¥5,406,597.53 in 2022, highlighting increased marketing efforts[33] - The company reported a significant increase in sales expenses, which rose to ¥8,338,818.68 in 2023 from ¥2,361,760.38 in 2022, indicating increased investment in marketing and sales efforts[53] - The company incurred financial expenses of ¥2,533,859.22 in the first three quarters of 2023, a decrease from ¥2,975,005.54 in the same period of 2022, indicating better cost management[53] - The company’s tax expenses for the first three quarters of 2023 were ¥36,790,219.17, compared to ¥63,290.72 in the same period of 2022, reflecting a lower tax burden due to improved profitability[53]