AYJK(SZ:002172)2023-10-24 16:00Financial Performance - Revenue for Q3 2023 was CNY 559,970,261.09, a decrease of 13.11% compared to the same period last year[2] - Net profit attributable to shareholders increased by 119.83% to CNY 4,202,063.52 in Q3 2023[2] - Basic earnings per share rose by 118.33% to CNY 0.0055 for Q3 2023[2] - The company reported a 67.04% increase in total profit compared to the same period last year[6] - Net profit for the period reached CNY 39,952,175.27, an increase of 60.25% compared to CNY 24,932,314.81 in the same period last year[15] - Earnings per share (EPS) for the period was CNY 0.0518, up from CNY 0.032 in the previous period[16] Assets and Liabilities - Total assets decreased by 5.16% to CNY 2,568,295,694.09 compared to the end of the previous year[2] - The company's total liabilities decreased to CNY 2,503,704,231.08 from CNY 2,681,138,250.76, reflecting a reduction of approximately 6.63%[15] - Total current assets as of September 30, 2023, amount to ¥1,670,520,009.76, a decrease from ¥1,808,681,669.58 at the beginning of the year[12] - Total assets as of September 30, 2023, are ¥2,568,295,694.09, down from ¥2,708,031,538.51 at the start of the year[12] - The company's total equity attributable to shareholders increased by 89.62% compared to the beginning of the year[5] - The total equity attributable to shareholders of the parent company increased to CNY 83,930,341.34 from CNY 44,263,110.15, marking an increase of 89.73%[15] Cash Flow - Cash flow from operating activities decreased by 49.79% to CNY -185,029,234.52 year-to-date[2] - Cash flow from operating activities was CNY 1,374,954,041.38, an increase from CNY 1,351,739,137.34 in the prior period[17] - The net cash flow from operating activities for Q3 2023 was -185,029,234.52 CNY, an improvement from -368,490,272.09 CNY in Q3 2022[18] - Total cash inflow from financing activities was 1,732,976,312.83 CNY, compared to 1,800,493,341.36 CNY in the same period last year[18] - The total cash and cash equivalents at the end of Q3 2023 stood at 300,973,960.55 CNY, down from 225,157,803.67 CNY at the end of Q3 2022[18] - Cash outflow from operating activities totaled 1,831,479,320.59 CNY, compared to 2,090,993,812.42 CNY in Q3 2022, indicating a reduction in cash outflow[18] Research and Development - Research and development expenses increased by 100.00% compared to the same period last year, as there were no R&D expenditures in the previous year[5] - Research and development expenses for the period were CNY 1,688,589.75, indicating ongoing investment in innovation[15] Investments and Future Plans - Long-term equity investments decreased by 37.17% due to increased investment losses from joint ventures[5] - Investment income increased by 1430.01% year-on-year due to gains from the disposal of subsidiaries[6] - The company has ongoing investments in new product development and market expansion strategies[10] - The company is exploring potential mergers and acquisitions to enhance its market position[10] - Future performance guidance indicates a focus on improving operational efficiency and increasing market share[10] - The company plans to continue expanding its market presence and developing new products to drive future growth[15] Shareholder Information - Total number of common shareholders at the end of the reporting period is 58,961[8] - The largest shareholder, Aoyang Group Co., Ltd., holds 30.74% of shares, totaling 235,349,599 shares, with 90,300,000 shares pledged[9] Accounting and Auditing - The company did not undergo an audit for the Q3 2023 report[19] - The company implemented new accounting standards starting in 2023, affecting the financial statements[19]