BYBON(300736)2023-10-25 16:00Financial Performance - The company's revenue for Q3 2023 reached ¥237,912,900.78, representing a 198.13% increase compared to the same period last year[5] - The net profit attributable to shareholders was ¥3,052,435.94, a 135.96% increase year-on-year, while the net profit excluding non-recurring items was ¥3,269,080.99, up 166.45%[5] - For the first nine months of 2023, total revenue was ¥534,778,072.85, reflecting a 173.14% increase compared to the same period last year[5] - The company reported a basic earnings per share of ¥0.02 for Q3 2023, a 133.53% increase from the previous year[5] - Total operating revenue for Q3 2023 reached CNY 534.78 million, a significant increase from CNY 195.79 million in the same period last year, representing a growth of approximately 173%[26] - The net loss for Q3 2023 was CNY 14.92 million, compared to a net loss of CNY 25.59 million in Q3 2022, showing an improvement of approximately 42%[27] - Basic and diluted earnings per share for Q3 2023 were both CNY -0.11, compared to CNY -0.20 in the same quarter last year[28] Cash Flow - Cash flow from operating activities for the first nine months was -¥2,399,236.01, an improvement of 87.00% year-on-year[10] - The cash inflow from operating activities for the current period was ¥622,715,905.75, a significant increase from ¥243,984,869.95 in the previous period, representing a growth of approximately 155.5%[29] - The net cash outflow from operating activities was ¥2,399,236.01, an improvement compared to a net outflow of ¥18,458,852.28 in the previous period[31] - The cash inflow from investment activities was ¥47,321,621.19, down from ¥113,582,947.14 in the previous period, indicating a decrease of about 58.4%[31] - The net cash flow from investment activities was positive at ¥2,851,115.57, contrasting with a negative net flow of ¥77,010,928.89 in the previous period[31] - The cash outflow from financing activities totaled ¥21,305,674.92, compared to ¥9,969,953.89 in the previous period, reflecting an increase of approximately 113.5%[31] - The total cash outflow from operating activities was ¥625,115,141.76, compared to ¥262,443,722.23 in the previous period, marking an increase of about 138.5%[31] - The company reported a cash inflow of ¥557,749,557.13 from sales of goods and services, significantly higher than ¥225,894,514.15 in the previous period, representing an increase of approximately 147.5%[29] - The cash paid to employees was ¥56,237,713.19, an increase from ¥47,168,759.18 in the previous period, indicating a rise of about 19.4%[31] - The cash paid for taxes was ¥8,070,696.20, compared to ¥6,613,060.50 in the previous period, reflecting an increase of approximately 22.0%[31] Assets and Liabilities - The total assets as of September 30, 2023, were ¥172,774,635.50, a decrease of 10.95% from the end of the previous year[5] - The total assets decreased to CNY 172.77 million in Q3 2023 from CNY 194.03 million in Q2 2023, a decline of about 11%[24] - Current liabilities totaled CNY 54.67 million in Q3 2023, down from CNY 66.97 million in the previous quarter, reflecting a decrease of approximately 18%[24] - The company's cash and cash equivalents as of September 30, 2023, amount to ¥44,057,820.21, down from ¥59,682,523.72 at the beginning of the year, representing a decrease of approximately 26.2%[22] - The company's trading financial assets decreased from ¥32,058,044.91 at the beginning of the year to ¥27,000,000.00, a decline of about 15.7%[22] - Accounts receivable as of September 30, 2023, are reported at ¥6,382,670.89, down from ¥6,965,522.78 at the beginning of the year, indicating a decrease of approximately 8.4%[22] - The total equity attributable to shareholders decreased to CNY 115.52 million from CNY 124.74 million, a decline of about 7%[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,578[12] - The largest shareholder, Beijing Da'an Century Investment Management Co., Ltd., holds 24.36% of shares, totaling 31,683,863 shares, with 2,500,000 shares pledged[12] Operational Highlights - The company experienced a 47.51% increase in prepaid expenses, totaling ¥24,983,700, primarily due to increased orders for the National Day holiday[9] - The company’s operating costs for the first nine months were ¥48,841,820.00, up 188.46% year-on-year, driven by significant growth in alliance business[10] - The company reported a 320.50% decrease in investment income, totaling -¥1,834,530.65, due to losses from redeeming private equity fund investments[10] - The company’s other income increased by 447.66% to ¥990,451.83, mainly due to government performance rewards received[10] - Research and development expenses for Q3 2023 were CNY 9.63 million, indicating ongoing investment in innovation[27] - The company reported a significant increase in sales expenses, which rose to CNY 19.59 million from CNY 16.36 million, an increase of approximately 14%[27] Stock Incentive Plan - The company approved a stock incentive plan during the board meetings held on September 26, 2023, and October 17, 2023[18][20] - The total number of restricted shares at the end of the reporting period is 1,384,546, with 446,766 shares released from restrictions during the period[15] - The company has not received any objections regarding the stock incentive plan from the supervisory board during the public notice period[19] Agreements - The company has renewed its Independent Repair Provider Agreement with Apple, extending the term until June 30, 2026[16]