Lily Group(SH:603823)2023-10-27 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥593,473,510.22, representing a year-on-year increase of 9.68%[5] - The net profit attributable to shareholders for Q3 2023 was ¥26,411,125.46, a decrease of 32.62% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2023 was ¥24,125,214.87, down 27.54% year-on-year[6] - The basic earnings per share for Q3 2023 was ¥0.07, a decline of 46.15% compared to the same period last year[6] - The net profit attributable to shareholders for the year-to-date period was ¥81,308,826.92, down 56.75% year-on-year[5] - Total operating revenue for the first three quarters of 2023 was CNY 1,724,876,608.16, a decrease of 10.57% compared to CNY 1,928,212,367.22 in the same period of 2022[23] - Net profit for the first three quarters of 2023 was CNY 92,462,096.67, a decline of 52.73% from CNY 195,282,824.44 in the same period of 2022[24] - Earnings per share for the first three quarters of 2023 were CNY 0.20, compared to CNY 0.60 in the same period of 2022[25] - The net profit for the first three quarters of 2023 was ¥87,422,830.13, down 54.9% from ¥190,434,847.56 in the previous year[32] - Operating profit for the first three quarters of 2023 was ¥90,610,701.36, a decline of 55.1% compared to ¥201,785,521.57 in 2022[31] Assets and Liabilities - The total assets at the end of Q3 2023 amounted to ¥3,389,153,133.23, a decrease of 3.62% from the end of the previous year[6] - As of September 30, 2023, total assets amounted to RMB 3,389,153,133.23, a decrease from RMB 3,516,519,091.92 at the end of 2022, reflecting a decline of approximately 3.6%[18] - Current assets totaled RMB 1,918,668,122.65, down from RMB 2,037,066,430.42, indicating a decrease of about 5.8%[19] - Total liabilities were reported at RMB 1,019,132,493.65, down from RMB 1,121,675,919.85, reflecting a decrease of about 9.1%[20] - The company's equity increased to RMB 2,369,020,639.58 from RMB 2,394,843,172.07, showing a slight decline of around 1.1%[20] - The total assets as of September 30, 2023, amounted to CNY 2,606,161,857.89, down from CNY 2,724,885,286.17 at the end of 2022, reflecting a decrease of approximately 4.3%[28] - The total liabilities decreased to CNY 631,471,395.00 from CNY 772,863,423.23, indicating a reduction of about 18.3%[29] - The company's total equity attributable to shareholders was CNY 2,167,466,321.69, an increase from CNY 2,150,911,724.95 in the previous year[24] Cash Flow - The net cash flow from operating activities for the year-to-date period was ¥196,200,474.58, showing a significant increase compared to the previous year[6] - The net cash flow from operating activities for Q3 2023 was CNY 196,200,474.58, a significant increase from CNY 40,647,769.93 in Q3 2022, representing a growth of approximately 383.5%[26] - The company reported a decrease in cash inflow from operating activities to CNY 977,386,948.92, compared to CNY 1,103,180,218.05 in the previous year[25] - The total cash inflow from investment activities was CNY 1,343,940,264.42, compared to CNY 1,043,471,151.56 in the same period last year, marking an increase of about 28.8%[26] - The net cash flow from investment activities was CNY 56,448,877.20, a recovery from a negative cash flow of CNY 95,651,352.78 in Q3 2022[26] - The company's cash and cash equivalents at the end of Q3 2023 were CNY 335,840,062.03, an increase from CNY 268,864,963.42 in Q3 2022, representing a growth of approximately 24.9%[26] - The company reported a net increase in cash and cash equivalents of CNY 90,660,785.63 for Q3 2023, contrasting with a decrease of CNY 85,973,419.49 in the same quarter last year[26] - The total cash and cash equivalents at the end of the period were ¥158,731,932.16, an increase from ¥115,760,560.67 at the end of the same period last year[34] Inventory and Costs - The company reported a decrease in gross profit margin due to a significant drop in sales prices and intense market competition[9] - The company has experienced a reduction in inventory, contributing to improved cash flow from operating activities[9] - Inventory decreased significantly to RMB 495,544,771.89 from RMB 664,804,144.59, a reduction of approximately 25.5%[19] - The company's inventory decreased to CNY 310,919,724.21 from CNY 445,153,260.80, a decline of about 30.2%[28] - Total operating costs for the first three quarters of 2023 were CNY 1,618,729,206.13, down 6.03% from CNY 1,718,562,934.91 in the previous year[23] Research and Development - Research and development expenses for the first three quarters of 2023 were CNY 61,207,170.66, down 17.14% from CNY 73,834,776.35 in the same period of 2022[23] - Research and development expenses decreased to ¥46,048,260.48, down 18.1% from ¥56,180,060.21 in the same period last year[31] Future Plans - The company plans to focus on market expansion and new product development to address the challenges faced in the current market environment[9]