KORRUN(SZ:300577)2023-10-30 16:00Financial Performance - The company's revenue for Q3 2023 was ¥726,000,427.22, a decrease of 13.65% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥45,967,200.66, an increase of 128.21% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥52,277,211.46, up 79.87% from the previous year[5]. - Total operating revenue for the current period reached ¥2,283,139,588.98, an increase of 5.73% compared to ¥2,159,641,894.58 in the previous period[22]. - Net profit for the current period was ¥117,331,480.55, representing a significant increase of 66.25% from ¥70,560,969.50 in the same period last year[23]. - The total comprehensive income for the current period was ¥158,356,680.75, compared to ¥112,358,007.74 in the previous period, indicating robust overall performance[23]. Cash Flow and Assets - The operating cash flow net amount for the first nine months of 2023 was ¥433,355,660.50, a significant increase of 36,254.00% compared to the same period last year[10]. - The company's cash and cash equivalents increased to RMB 823,892,994.82 from RMB 679,182,912.87, representing a growth of about 21.3%[19]. - The net cash flow from operating activities was ¥433,355,660.50, a turnaround from a negative cash flow of ¥1,198,638.26 in the previous period[25]. - The net increase in cash and cash equivalents for the period was 150,386,559.16 CNY, compared to a decrease of 101,176,124.14 CNY in the same period last year[26]. - The ending balance of cash and cash equivalents was 780,374,673.05 CNY, up from 680,104,552.59 CNY year-over-year[26]. Equity and Shareholder Information - Total assets as of September 30, 2023, were ¥3,620,819,563.65, reflecting a 2.97% increase from the end of the previous year[5]. - The company’s total equity attributable to shareholders increased by 8.89% to ¥1,865,708,206.42 compared to the end of the previous year[5]. - The total equity attributable to shareholders increased to RMB 1,865,708,206.42 from RMB 1,713,364,262.60, reflecting a growth of approximately 8.87%[20]. - The total number of common shareholders at the end of the reporting period is 7,133[12]. - The largest shareholder, Fan Jinsong, holds 51.23% of the shares, totaling 122,849,135 shares, with 96,938,051 shares pledged[12]. Expenses and Liabilities - The company reported a 584.29% increase in financial expenses for the first nine months of 2023, totaling ¥15,277,455.08, due to reduced foreign exchange gains and increased interest expenses[9]. - The company experienced a 92.09% increase in tax and additional fees, amounting to ¥12,872,507.81 for the first nine months of 2023[9]. - The total current liabilities decreased to RMB 1,262,989,873.14 from RMB 1,433,480,508.56, indicating a reduction of approximately 11.88%[20]. - The total non-current liabilities increased to RMB 440,711,665.05 from RMB 315,577,580.32, indicating an increase of approximately 39.7%[20]. Research and Development - Research and development expenses increased to ¥46,670,030.06, up from ¥39,189,860.04, indicating a focus on innovation and product development[22]. Shareholder Actions and Plans - The company plans to grant 3,272,127 restricted stocks under the 2023 incentive plan, accounting for 1.37% of the total share capital[16]. - The company granted 3,272,127 restricted shares at a price of RMB 8.33 per share to 59 eligible participants as part of its 2023 restricted stock incentive plan[17]. Market and Future Outlook - The report does not mention any future performance guidance or outlook[16]. - The company has not disclosed any new product or technology developments in the current report[16]. - There are no indications of market expansion or mergers and acquisitions in the current reporting period[16]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23].