ANJI FOOD(SH:603696)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥190,844,584.34, representing a year-on-year increase of 15.28%[6] - Net profit attributable to shareholders for Q3 2023 was ¥7,906,212.75, up 26.31% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥10,319,099.20, an increase of 33.42% year-on-year[6] - Year-to-date revenue as of Q3 2023 totaled ¥489,395,287.77, reflecting a 21.46% increase compared to the previous year[6] - Year-to-date net profit attributable to shareholders reached ¥28,547,447.65, a significant increase of 76.78% year-on-year[6] - Total operating revenue for Q3 2023 reached ¥489,395,287.77, a 21.4% increase from ¥402,934,580.98 in Q3 2022[23] - Net profit for Q3 2023 was ¥28,547,447.65, representing a 76.6% increase compared to ¥16,148,493.54 in Q3 2022[24] - The company reported a total profit of ¥33,664,859.97 for Q3 2023, significantly higher than ¥18,439,495.72 in Q3 2022[24] - The net profit for Q3 2023 was CNY 31,526,537.66, an increase of 67.5% compared to CNY 18,856,923.74 in Q3 2022[31] - The total profit for Q3 2023 reached CNY 35,915,093.16, up from CNY 20,946,652.35 in the same period last year, reflecting a growth of 71.4%[31] Earnings and Shareholder Returns - The basic earnings per share for the year-to-date period was ¥0.12, representing a 71.43% increase compared to the previous year[7] - Basic and diluted earnings per share for Q3 2023 were both ¥0.12, compared to ¥0.07 in Q3 2022[25] Assets and Liabilities - Total assets as of the end of Q3 2023 were ¥652,449,117.18, a 4.01% increase from the end of the previous year[7] - The total assets as of September 30, 2023, amounted to CNY 652.45 million, an increase from CNY 627.27 million at the end of 2022[19] - The company's total assets as of Q3 2023 were ¥652,449,117.18, compared to ¥627,269,936.00 in the previous year[20] - Total liabilities as of Q3 2023 amounted to ¥97,142,503.77, an increase from ¥89,981,706.73 in the previous year[20] - The total liabilities decreased to CNY 391.36 million from CNY 399.25 million at the end of 2022[19] - The company's total liabilities increased to CNY 91,665,673.29 in Q3 2023, compared to CNY 79,322,535.03 in the same period last year, suggesting a rise in financial obligations[29] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥33,598,916.21, indicating a significant increase of 696.01%[7] - The net cash flow from operating activities for the year-to-date period reached CNY 696.01 million, primarily due to increased sales revenue and collections[12] - Cash inflow from operating activities for the first nine months of 2023 was ¥507,005,961.63, compared to ¥471,857,276.78 in the same period of 2022[25] - The net cash flow from operating activities for Q3 2023 was CNY 33,598,916.21, a significant increase from CNY 4,220,913.73 in Q3 2022, reflecting improved operational efficiency[26] - Cash flow from operating activities for the first three quarters of 2023 was CNY 49,511,537.54, slightly down from CNY 51,663,026.10 in the same period of 2022[33] - Cash flow from investing activities generated a net inflow of CNY 305.9 million, mainly from the maturity of financial investments during the reporting period[12] - The company reported a net cash inflow from investment activities of CNY 50,367,341.64 in Q3 2023, a turnaround from a net outflow of CNY 24,462,300.12 in Q3 2022, highlighting improved investment performance[26] - Cash flow from investing activities showed a net inflow of CNY 41,470,955.88 in the first three quarters of 2023, a significant improvement from a net outflow of CNY 52,594,079.56 in 2022[33] Accounts Receivable and Payable - The company reported a 102.64% increase in accounts receivable, primarily due to outstanding payments from key customers[11] - The company reported a significant increase in accounts receivable, which rose to CNY 21.12 million from CNY 10.42 million in the previous year[18] - The company reported a decrease in cash received from sales, totaling CNY 207,192,061.97 in the first three quarters of 2023, down from CNY 236,087,804.97 in the same period last year[33] - The company paid CNY 144,098,964.34 for goods and services in the first three quarters of 2023, compared to CNY 168,588,189.29 in 2022, indicating a reduction of 14.5%[33] Equity and Retained Earnings - Total equity attributable to shareholders reached ¥555,306,613.41, up from ¥537,288,229.27 in Q3 2022[20] - The total equity of the company increased to CNY 582,367,980.08 as of September 30, 2023, compared to CNY 562,607,343.31 at the end of 2022, reflecting a stronger financial position[30] - The company’s retained earnings were CNY 47,238,186.86, indicating a solid profit retention strategy[39] Future Outlook - The company plans to continue expanding its market presence and developing new products and technologies in the upcoming quarters[12] Other Financial Metrics - The weighted average return on equity increased by 2.26 percentage points to 5.23% compared to the end of the previous year[7] - The company experienced a loss of CNY 161.8 million in investment income, primarily due to losses from redeeming financial products during the reporting period[12] - The company reported a decrease in contract liabilities by CNY 50.12 million, attributed to the delivery of pre-collected customer payments during the reporting period[12] - The company has implemented new accounting standards starting January 1, 2023, which may affect the financial reporting and asset valuation going forward[34] - The company reported a decrease in other comprehensive income to -CNY 10,000,000.00, which may impact overall equity[43]