DAZZLE FASHION(SH:603587)2023-10-27 16:00Financial Performance - Q3 2023 revenue was CNY 598,177,896.16, a decrease of 3.28% year-over-year[6] - Net profit attributable to shareholders was CNY 106,853,802.10, down 13.54% compared to the same period last year[6] - Basic earnings per share decreased by 11.54% to CNY 0.23[7] - Total operating revenue for the first three quarters of 2023 reached ¥1,845,843,103.20, an increase of 7.36% compared to ¥1,719,112,046.61 in the same period of 2022[21] - Operating profit for the first three quarters of 2023 was ¥475,158,201.32, up from ¥438,947,969.17 in 2022, reflecting a growth of 8.23%[22] - Net profit attributable to shareholders of the parent company for the first three quarters of 2023 was ¥413,601,423.65, compared to ¥375,429,207.52 in 2022, marking an increase of 10.16%[22] - Total profit for the first three quarters of 2023 was ¥548,950,080.53, compared to ¥503,255,327.98 in 2022, representing a growth of 9.06%[22] Cash Flow - Net cash flow from operating activities for the year-to-date was CNY 495,834,144.54, an increase of 36.03%[7] - Cash inflow from operating activities for the first three quarters of 2023 was ¥2,203,836,759.11, compared to ¥2,053,246,504.94 in 2022, indicating an increase of 7.31%[25] - The net cash flow from operating activities for the first three quarters of 2023 was approximately $495.83 million, an increase of 36.1% compared to $364.51 million in the same period of 2022[26] - The net cash flow from investment activities was approximately $220.45 million, significantly up from $72.98 million in the first three quarters of 2022[26] - The company reported a net increase in cash and cash equivalents of approximately $284.14 million for the first three quarters of 2023, contrasting with a decrease of $26.96 million in the same period of 2022[26] Assets and Liabilities - Total assets increased by 4.03% to CNY 4,535,888,684.54 compared to the end of the previous year[7] - As of September 30, 2023, the company's total assets amounted to RMB 4,535,888,684.54, an increase from RMB 4,360,229,143.43 as of December 31, 2022[19] - The company's cash and cash equivalents reached RMB 2,260,134,387.42, up from RMB 1,975,989,524.85 at the end of 2022, reflecting a growth of approximately 14.4%[17] - Total current liabilities increased to RMB 806,068,051.03 from RMB 692,904,240.79, representing a rise of about 16.3%[19] - The company's total liabilities reached RMB 884,522,098.96, an increase from RMB 748,999,757.12, reflecting a growth of about 18.1%[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,203[13] - The largest shareholder, Ma Ruimin, holds 54.29% of the shares[13] Strategic Outlook - The company plans to enhance its market expansion strategies and product development in the upcoming quarters[6] - The company has not disclosed any new product developments or market expansion strategies in the current report[15] - There were no significant changes in the company's long-term investments or financial strategies noted in the report[15] Research and Development - Research and development expenses for the first three quarters of 2023 were ¥57,597,714.12, compared to ¥51,587,094.57 in 2022, showing an increase of 11.65%[21] Other Financial Metrics - The company's inventory stood at RMB 478,188,072.59, which is a significant increase of approximately 26.6% compared to RMB 377,539,421.46 at the end of 2022[17] - The company's short-term borrowings and other financial liabilities were not specified, indicating a focus on maintaining liquidity[19] - The company reported a total of RMB 741,925,364.30 in trading financial assets, down from RMB 965,870,265.99, indicating a decrease of approximately 23.3%[17] - The company experienced a positive impact of approximately $537,268 from exchange rate fluctuations on cash and cash equivalents, compared to a negative impact of $1.43 million in the same period of 2022[26]