Jasan Group(SH:603558)2023-10-26 16:00Financial Performance - The company's revenue for Q3 2023 was ¥551,004,551.93, a decrease of 2.16% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was ¥76,743,523.65, down 4.46% year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥78,266,467.75, a decline of 16.31% compared to the previous year[3]. - Total operating revenue for the first three quarters of 2023 was CNY 1,658,660,210.45, a decrease from CNY 1,817,266,856.58 in the same period of 2022, representing a decline of approximately 8.74%[24]. - Net profit for the first three quarters of 2023 was CNY 200,574,141.15, compared to CNY 268,445,854.18 in 2022, reflecting a decrease of approximately 25.3%[25]. - The company's revenue for the first three quarters of 2023 was approximately ¥1.36 billion, a decrease of 14.2% compared to ¥1.59 billion in the same period of 2022[37]. Earnings and Profitability - The basic earnings per share for Q3 2023 was ¥0.21, unchanged from the previous quarter, but down 22.86% year-on-year[3]. - Total comprehensive income attributable to the parent company for Q3 2023 was CNY 185,186,446.07, down from CNY 338,090,352.30 in Q3 2022, representing a decrease of approximately 45.3%[26]. - Basic and diluted earnings per share for Q3 2023 were both CNY 0.54, compared to CNY 0.70 in Q3 2022, reflecting a decline of 22.9%[26]. - Operating profit for the first three quarters of 2023 was approximately ¥90.05 million, an increase of 15.1% from ¥78.36 million in the same period of 2022[38]. - Net profit for the first three quarters of 2023 reached approximately ¥97.96 million, up 23.6% from ¥79.20 million in the same period of 2022[39]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,492,084,778.59, a decrease of 10.23% from the end of the previous year[4]. - Total liabilities as of the end of Q3 2023 were CNY 1,036,343,077.40, compared to CNY 1,402,174,911.59 in the previous year, representing a decrease of approximately 26%[21]. - The company's total assets as of the end of Q3 2023 amounted to CNY 3,492,084,778.59, down from CNY 3,889,963,713.82 at the end of Q3 2022, a decline of about 10.19%[21]. - The total liabilities of the company as of the end of the third quarter of 2023 were approximately ¥1.59 billion, compared to ¥1.44 billion at the end of the previous year[35]. - The company's total equity as of the end of the third quarter of 2023 was approximately ¥2.16 billion, an increase from ¥2.04 billion at the end of the previous year[35]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥434,054,090.48, an increase of 90.01% compared to the same period last year[3]. - Cash flow from operating activities for the first three quarters of 2023 was CNY 434,054,090.48, an increase of 90.1% from CNY 228,439,082.38 in the same period of 2022[30]. - Cash inflow from operating activities totaled CNY 1,844,820,410.21 in the first three quarters of 2023, down 14.4% from CNY 2,153,369,935.31 in the first three quarters of 2022[30]. - Cash outflow from investing activities for the first three quarters of 2023 was CNY 100,610,445.38, significantly reduced from CNY 274,372,132.58 in the same period of 2022[30]. - The net cash flow from operating activities for the first three quarters of 2023 was approximately ¥187.10 million, an increase of 43.1% compared to ¥130.68 million in the same period of 2022[40]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 13,784[10]. - The company's stockholders include significant shareholders such as Zhang Maoyi, holding 132,212,262 shares, and Hangzhou Yideng Trading Co., Ltd., holding 18,898,178 shares[12]. - The second phase of the employee stock ownership plan has 130 participants, with 11 employees having transferred their shares due to resignation[14]. - The first batch of shares from the second phase of the employee stock ownership plan generated a total profit of RMB 66,652,000 from the sale of 5,696,209 shares[13]. Investments and Future Plans - The company plans to utilize up to RMB 50 million of idle funds for short-term investments in low-risk financial products, with a maximum investment period of 12 months[16]. - The company has not yet implemented the short-term investment plan as of the announcement date[16]. - The company plans to continue focusing on market expansion and new product development to drive future growth[42]. Donations and Corporate Social Responsibility - The company donated RMB 1 million to the Zhejiang One Plus One Charity Foundation to support low-income families with children suffering from cancer[15]. Operational Changes - The company completed the transfer of production capacity from Guizhou Yideng Sportswear Co., Ltd. to Guizhou Jiansheng Sportswear Co., Ltd.[14].