JAHB(SH:603822)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥613,413,029.46, a decrease of 44.81% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2023 was -¥131,217.45, reflecting a significant increase of 99.30% year-on-year[5] - The basic earnings per share for Q3 2023 was -¥0.0017, a decrease of 99.34% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was -¥914,630.67, a decrease of 95.66% year-on-year[5] - Total operating revenue for the first three quarters of 2023 was ¥2,184,826,498.19, a decrease of 6.0% compared to ¥2,324,123,774.27 in the same period of 2022[19] - Net profit for the first three quarters of 2023 was ¥38,587,826.56, compared to ¥37,313,834.37 in the same period of 2022, representing an increase of 3.4%[20] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥413,937,612.99, with no applicable comparison[6] - The company's cash flow from operating activities for the first three quarters of 2023 was ¥2,201,339,883.69, an increase from ¥2,120,882,281.01 in the same period of 2022[22] - The net cash flow from operating activities for Q3 2023 was approximately $413.94 million, a significant improvement compared to a negative cash flow of $336.19 million in Q3 2022[23] - The company reported a total cash outflow from operating activities of approximately $2.05 billion, down from $2.75 billion in Q3 2022[23] - The cash inflow from operating activities totaled approximately $2.47 billion, slightly up from $2.42 billion in Q3 2022[23] Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥3,496,857,444.87, representing a 17.39% increase from the end of the previous year[6] - As of September 30, 2023, the company's total assets reached CNY 3,496,857,444.87, an increase from CNY 2,978,949,855.97 at the end of 2022, representing a growth of approximately 17.4%[16] - The company's total liabilities increased to CNY 1,500,000,000, reflecting a rise of approximately 20% compared to the previous period[17] - The total liabilities increased to ¥2,079,597,899.67 in Q3 2023 from ¥1,897,661,139.44 in Q3 2022, marking an increase of 9.6%[18] - The total equity attributable to shareholders increased to ¥1,082,049,068.16 in Q3 2023 from ¥1,046,842,703.76 in Q3 2022, reflecting a growth of 3.4%[18] Shareholder Information - The company had a total of 8,199 common shareholders at the end of the reporting period[12] - The largest shareholder, Tongxiang Shunchang Investment Co., Ltd., held 29,835,498 shares, accounting for 38.54% of the total shares[12] Investments and Expenses - The company's cash and cash equivalents amounted to CNY 420,627,804.01, up from CNY 229,448,615.92 at the end of 2022, indicating a significant increase of about 83.5%[16] - Research and development expenses for the first three quarters of 2023 were ¥25,977,884.53, significantly lower than ¥62,643,378.11 in the same period of 2022, indicating a reduction of 58.6%[19] - The cash outflow from investing activities was approximately $633.00 million, compared to $251.28 million in Q3 2022, indicating increased investment in fixed assets[23] - The company’s cash flow from investment activities was negative at approximately $633.00 million, reflecting a strategic focus on long-term asset acquisition[23] Other Financial Metrics - The weighted average return on equity for Q3 2023 was -0.01%, an increase of 2.04 percentage points compared to the previous year[6] - The company's long-term borrowings decreased to ¥110,732,273.21 in Q3 2023 from ¥191,220,000.00 in Q3 2022, a reduction of 42.0%[18] - The company reported a basic earnings per share of ¥0.4779 for the first three quarters of 2023, slightly down from ¥0.4933 in the same period of 2022[21] - The cash received from tax refunds was ¥214,720,067.66 in the first three quarters of 2023, compared to ¥222,245,320.50 in the same period of 2022[22] Market and Product Development - The company reported a decrease in revenue primarily due to a decline in sales of environmental plasticizers[10] - The company has not disclosed any new product developments or market expansion strategies in the current report[15]