BJCA(SZ:300579)2023-10-24 16:00Financial Performance - The company's revenue for Q3 2023 was ¥206,629,281.20, a decrease of 15.77% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥28,563,040.17, reflecting a decline of 266.30% year-on-year[5]. - The basic earnings per share were -¥0.1058, down 266.35% from the previous year[5]. - The company's net profit for Q3 2023 was -¥19,973,857.75, a significant decline compared to a net profit of ¥22,848,606.01 in Q3 2022, representing a year-over-year decrease of approximately 187.5%[24]. - Operating profit for Q3 2023 was -¥24,703,241.50, compared to an operating profit of ¥26,011,421.65 in the same period last year, indicating a decline of around 195%[24]. - Basic and diluted earnings per share for Q3 2023 were both -¥0.0730, compared to ¥0.0820 in Q3 2022, indicating a decline of approximately 189%[25]. - The total comprehensive income for Q3 2023 was -¥19,973,857.75, compared to ¥22,848,606.01 in Q3 2022, reflecting a decline of approximately 187.5%[25]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,488,888,581.75, a decrease of 5.67% from the end of the previous year[5]. - Total assets decreased to RMB 1,488,888,581.75 from RMB 1,578,422,207.43, a reduction of 5.7%[21]. - Total liabilities decreased to RMB 554,336,799.78 from RMB 631,607,828.74, a decline of 12.2%[21]. - The company's equity attributable to shareholders decreased to RMB 924,743,551.60 from RMB 937,532,656.81, a decrease of 1.4%[21]. - The company has a total of 1,183,184,105.13 in current assets, down from 1,291,220,848.92, a decrease of 8.4%[19]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥166,139,670.78, a decrease of 3.76% year-to-date[5]. - The total cash flow from operating activities for Q3 2023 was -¥166,139,670.78, slightly worse than -¥160,124,158.01 in Q3 2022[27]. - Cash and cash equivalents at the end of Q3 2023 stood at ¥212,395,011.85, down from ¥248,548,084.38 at the end of Q3 2022, a decrease of about 14.5%[27]. - The company’s cash and cash equivalents decreased by 40.38% compared to the beginning of the year, mainly due to reduced cash flow from operations[8]. - Cash and cash equivalents decreased to RMB 223,911,375.27 from RMB 375,538,774.71 at the beginning of the year, a decline of 40.4%[18]. - The company reported cash inflow from operating activities of ¥590,402,435.89 in Q3 2023, compared to ¥552,244,412.58 in Q3 2022, marking an increase of approximately 6.9%[27]. - Investment activities generated a net cash flow of ¥32,762,787.55 in Q3 2023, a significant increase from ¥6,056,642.60 in Q3 2022[27]. - The company received cash from investment recovery amounting to ¥150,000,000.00 in Q3 2023, down from ¥219,000,000.00 in Q3 2022, a decrease of about 31.5%[27]. Expenses - Sales expenses increased by 44.64% year-on-year, primarily due to higher marketing and labor costs[9]. - The company reported a significant increase in sales expenses, which rose to RMB 122,096,733.92 from RMB 84,416,133.03, an increase of 44.6%[22]. - Research and development expenses increased to ¥159,317,659.59 in Q3 2023 from ¥136,311,920.97 in Q3 2022, reflecting a growth of approximately 16.9%[24]. Investment Income - Investment income rose by 54.75% year-on-year, driven by profits from associated enterprises[9]. - The company’s long-term equity investments increased to RMB 34,342,416.40 from RMB 26,023,731.39, reflecting a growth of 32.0%[19]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,908[13]. - The company reported a 31.00% decrease in tax refunds received compared to the same period last year[10].