RYC(SZ:003010)2023-10-30 16:00Financial Performance - The company's operating revenue for Q3 2023 was ¥237,241,632.55, a decrease of 15.71% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 reached ¥11,159,751.69, an increase of 42.49% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥10,632,143.38, reflecting a growth of 45.32% compared to the previous year[5]. - Total operating revenue for the period reached CNY 828,761,211.41, an increase from CNY 816,544,350.53 in the previous period, representing a growth of approximately 1.5%[28]. - Net profit for the period was CNY 33,728,944.55, compared to CNY 16,947,153.14 in the previous period, indicating a significant increase of approximately 99.5%[30]. - Basic earnings per share rose to CNY 0.2764 from CNY 0.1393, marking an increase of about 98.5%[30]. - The total comprehensive income for the period was CNY 33,654,031.37, compared to CNY 16,656,602.47 in the previous period, showing an increase of approximately 102.0%[30]. Cash Flow - Cash flow from operating activities showed a significant decline, amounting to -¥102,391,460.00, a decrease of 169.88% compared to the same period last year[5]. - The net cash flow from operating activities was -102,391,465.86, a decrease of 169.88% compared to the previous period of 146,531,170.12, primarily due to increased procurement for the Double 11 event[11]. - Total cash inflow from operating activities is 959,486,473.67 yuan, down from 1,067,268,204.07 yuan year-on-year[32]. - Cash outflow from operating activities increased to 1,061,877,939.53 yuan, compared to 920,737,033.95 yuan in the previous period[32]. - The net cash flow from investing activities was -4,629,539.77, an improvement of 96.89% from -149,060,053.41, mainly due to reduced external investments[11]. - Cash inflow from financing activities is 108,484,384.87 yuan, significantly higher than 49,483,804.36 yuan in the previous period[32]. - The net cash flow from financing activities is 35,637,854.93 yuan, compared to -114,337,866.44 yuan in the previous period[32]. - The ending balance of cash and cash equivalents is 305,360,975.37 yuan, an increase from 255,295,538.24 yuan year-on-year[32]. Assets and Liabilities - The company's total assets as of September 30, 2023, were ¥1,281,585,518.26, representing a 6.32% increase from the beginning of the year[5]. - Total liabilities increased to CNY 209,830,516.77 from CNY 126,735,625.85, representing a growth of approximately 65.5%[28]. - The company’s total liabilities increased due to adjustments in deferred tax liabilities as per new accounting standards[34]. - Cash and cash equivalents decreased from 375,297,219.46 RMB to 311,479,290.45 RMB[26]. - Accounts receivable decreased from 118,907,156.21 RMB to 87,229,241.33 RMB[26]. - The total non-current assets decreased slightly from 309,776,690.68 RMB to 301,936,883.73 RMB[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 20,192, with no preferred shareholders having restored voting rights[13]. - The largest shareholder, Wang Yu, holds 27.96% of shares, totaling 34,207,048, with 5,721,000 shares pledged[13]. - The company repurchased a total of 1,482,200 shares, representing 1.21% of the total share capital, with a total transaction amount of 28,395,664.00 RMB[17]. - The highest transaction price during the share repurchase was 20.89 RMB per share, while the lowest was 13.34 RMB per share[17]. - The company announced the lifting of restrictions on shares held by three shareholders, totaling 48,667,048 shares, which represents 39.78% of the total share capital[22]. Expenses - Sales expenses for Q3 2023 were ¥224,167,119.12, a rise of 37.30% year-on-year due to increased marketing costs related to retail business[9]. - Research and development expenses were CNY 21,793,594.64, a slight decrease from CNY 22,211,540.29, indicating a reduction of about 1.9%[28]. - The company reported a financial expense of CNY -12,060,905.75, compared to CNY -8,830,671.81 in the previous period, indicating a worsening of financial costs[28]. Stock Options - The company adjusted the stock option incentive plan, including changes to the exercise price and the cancellation of certain stock options[18]. - The stock option exercise price for the 2022 stock option incentive plan has been adjusted from 13.39 RMB to 13.14 RMB per share[19]. - A total of 629,500 stock options were exercised by 105 incentive participants, resulting in the issuance of 629,500 new shares[21]. - The total number of incentive participants was reduced from 145 to 114, and the total number of stock options granted was adjusted from 7,150,000 to 6,409,500[19]. Government Subsidies - The company received government subsidies amounting to ¥917,960.00 in the current period, totaling ¥1,391,960.00 for the year to date[6].