TJT(SZ:002977)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥50,914,868.94, representing a decrease of 30.08% compared to the same period last year, and a year-to-date revenue of ¥143,812,861.93, down 54.54% year-on-year [5]. - Net profit attributable to shareholders for Q3 2023 was ¥9,826,927.63, a decline of 43.85% year-on-year, with a year-to-date net profit of ¥45,419,995.44, down 31.22% compared to the previous year [5]. - The basic earnings per share for Q3 2023 was ¥0.08, a decrease of 43.53% year-on-year, and the diluted earnings per share was also ¥0.08, reflecting the same percentage decline [5]. - Total operating revenue for the current period is CNY 143,812,861.93, a decrease of 54.5% compared to CNY 316,329,852.46 in the previous period [17]. - Net profit for the current period is CNY 45,419,995.44, a decline of 31.2% from CNY 66,035,129.24 in the previous period [19]. - Earnings per share for the current period is CNY 0.38, compared to CNY 0.5497 in the previous period [19]. - The company reported a decrease in total profit to CNY 52,003,882.18, down from CNY 76,397,985.57 in the previous period [17]. Assets and Liabilities - The company's total assets at the end of Q3 2023 were ¥1,385,953,706.25, an increase of 3.59% from the end of the previous year [5]. - The company's total assets as of September 30, 2023, amount to ¥1,385,953,706.25, an increase from ¥1,337,878,326.21 at the beginning of the year [15]. - The total liabilities as of September 30, 2023, are ¥295,250,724.75, up from ¥272,575,340.15 at the beginning of the year [15]. - The company has a long-term investment of ¥9,773,898.51, unchanged from the beginning of the year [15]. Cash Flow - Cash flow from operating activities for the year-to-date period was ¥150,761,026.02, showing a significant increase of 367.87% due to improved cash collection [5]. - The net cash flow from operating activities was ¥150,761,026.02, a significant improvement compared to the negative cash flow of ¥56,281,752.22 in the same period last year [21]. - Total cash outflow from operating activities amounted to ¥101,856,045.98, down from ¥120,009,256.16 year-over-year [21]. - The net cash flow from investing activities was negative at ¥12,533,850.71, an improvement from a larger negative cash flow of ¥100,991,798.68 in the previous year [21]. - Cash inflow from investment activities totaled ¥100,887,965.26, compared to ¥113,956,473.57 in the same quarter last year [21]. - The net increase in cash and cash equivalents was ¥118,207,175.31, contrasting with a decrease of ¥178,723,550.90 in the same quarter last year [21]. - The ending balance of cash and cash equivalents reached ¥410,919,437.02, up from ¥211,887,045.06 year-over-year [21]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 17,345 [11]. - The largest shareholder, Lou Jiyong, holds 36.01% of shares, totaling 43,260,000 shares [11]. - The company reported a total of 10,815,000 unrestricted shares held by the largest shareholder, Lou Jiyong [11]. Inventory and Operating Costs - The company's inventory at the end of Q3 2023 was ¥123,196,869.68, an increase of 40.76% compared to the beginning of the year, attributed to stockpiling [9]. - The company experienced a 63.65% decrease in operating costs, aligning with the drop in revenue [9]. - Total operating costs for the current period are CNY 86,969,688.18, down 58.1% from CNY 207,068,408.06 in the previous period [17]. Financial Standards and Reporting - The company did not undergo an audit for the third quarter report [22]. - The company has adopted new accounting standards starting in 2023, affecting the financial statements [22]. - The report was issued by the board of directors on October 31, 2023 [23].