JTL(SZ:300091)2024-02-07 16:00Financial Performance - The company's revenue for Q3 2023 was ¥400,675,239.45, representing a 19.46% increase compared to the same period last year[4]. - The net profit attributable to shareholders was -¥50,155,453.65, a decrease of 77.95% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥47,665,612.95, down 68.61% from the previous year[4]. - The net profit for Q3 2023 was -117,446,699.82 RMB, a decrease of 181.88% compared to -41,665,682.00 RMB in the same period last year[13]. - The total profit for the first nine months of 2023 was -¥139,571,284.39, a decline of 188.73% compared to the same period last year[12]. - The net profit attributable to the parent company for Q3 2023 was -104,265,542.39 CNY, compared to -41,082,221.24 CNY in the same period last year, indicating a significant increase in losses[25]. - The total comprehensive income for the period was -117,446,699.82 CNY, compared to -41,665,682.00 CNY in the previous year, reflecting a worsening financial position[25]. Cash Flow - Cash flow from operating activities showed a net outflow of -¥68,409,399.25, an increase of 73.78% in outflow compared to the previous year[4]. - Operating cash flow for the first nine months of 2023 was -68,409,399.25 RMB, an improvement of 73.78% from -260,867,648.13 RMB in the same period of 2022[14]. - Cash inflows from operating activities totaled 1,698,977,263.16 CNY, an increase from 1,540,986,785.56 CNY year-over-year[28]. - The net cash flow from operating activities was -68,409,399.25 CNY, an improvement from -260,867,648.13 CNY in the same period last year[28]. - The net cash flow from financing activities was 91,469,102.33 CNY, a decrease from 443,429,987.24 CNY year-over-year[28]. - The company reported a cash outflow of 467,787,028.00 CNY related to other operating activities, compared to 380,069,864.00 CNY in the same period last year, indicating increased operational expenses[28]. Assets and Liabilities - The total assets at the end of Q3 2023 were ¥6,208,946,399.23, a slight decrease of 0.05% from the end of the previous year[5]. - The total liabilities increased to ¥3,836,006,973.59 from ¥3,723,536,977.76, reflecting a rise of 3.0%[21]. - The equity attributable to shareholders decreased by 4.05% to ¥2,398,289,349.72 compared to the end of the previous year[5]. - The company's cash and cash equivalents decreased to ¥306,520,220.91 from ¥433,326,120.81, representing a decline of 29.2%[21]. - Accounts receivable decreased to ¥653,589,969.81 from ¥762,939,912.27, a reduction of 14.3%[21]. - Inventory increased to ¥745,138,754.81 from ¥697,344,398.74, showing an increase of 6.9%[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,078[16]. - The largest shareholder, Nantong Industrial Holding Group Co., Ltd., holds 27.88% of the shares, totaling 415,148,776 shares[16]. - The second-largest shareholder, Ji Wei, holds 6.25% of the shares, totaling 93,094,105 shares, with a significant portion pledged[16]. - The company has no preferred shareholders as of the reporting period[18]. Operational Efficiency - The company is currently focusing on improving cash flow management and reducing operational costs in response to declining domestic demand[13]. - Total operating revenue for Q3 2023 was ¥1,039,652,217.57, a decrease of 11.1% compared to ¥1,169,967,550.57 in Q3 2022[23]. - Total operating costs for Q3 2023 were ¥1,193,707,058.92, down from ¥1,230,341,743.42 in the same period last year, reflecting a reduction of 3.0%[24]. - The net loss for Q3 2023 was ¥117,446,699.82, compared to a net loss of ¥41,665,682.00 in Q3 2022, indicating a significant increase in losses[24]. - Research and development expenses for Q3 2023 were ¥49,627,403.98, slightly up from ¥47,593,542.73 in Q3 2022, indicating a focus on innovation[24]. - The company reported a significant increase in management expenses to ¥113,360,581.51 from ¥98,331,080.00, an increase of 15.5%[24].